News

China embarks on a journey of ESG disclosure: 2024 progress and focus for 2025

China made progress on environmental, social, and governance (ESG) disclosure in 2024, and has laid out ambitious policy directions and priorities for 2025. This article presents an analysis of recent developments and discusses how UNEP FI can support members in aligning with China’s disclosure policies while working with the government on the green transition.

Wuxi, China, at sunrise
New Sector Action Guidance for Nature: Getting Started in the Agricultural, Forestry and Mining Sectors

UNEP FI's new Principles for Responsible Banking (PRB) guidance, Sector Action Guidance for Nature: Getting Started in the Agricultural, Forestry and Mining Sectors, aims to translate the recommendations from the PRB Nature Target Setting Guidance into practical, sector-specific actions. Developed in partnership with The Biodiversity Consultancy (TBC), this new PRB Sector Guidance makes explicit the specific priority actions banks can support clients to take in high impact sectors such as mining, agriculture and forestry, and is aimed to empower banks in their risk mitigation efforts across six key commodities, namely bauxite, copper, cattle, wood, soy and palm oil.