Europe

European Commission’s Technical Expert Group on Sustainable Finance launches reports, including on an EU Taxonomy, to help drive the transition towards a sustainable economy

18 June 2019

On 18 June 2019, the European Commission’s EU Technical Expert Group on Sustainable Finance (TEG) launched reports on an EU Taxonomy, a voluntary EU Green Bond Standard and voluntary low-carbon benchmarks. The TEG’s reports will help shape future regulations, some of which are still under negotiation. EU Taxonomy EU Green Bond Standard Climate Benchmarks and […]

EU policy makers achieve political agreement on investor disclosures and ESG

7 March 2019

The EU has taken an important step forward on advancing sustainable finance. On Thursday 7 March 2019, the EU Parliament and Council achieved political agreement on requiring ESG integration by financial market participants. Clarifying the fiduciary duties of investors has been a priority for UNEP FI for many years. These rules are an essential part […]

At UNEP FI’s GRT 2018 Day 2: Euronext opens markets in Paris with a call for urgent action for sustainable finance

27 November 2018

Euronext Bell Ringing Euronext opened financial markets in Paris on 27 November 2018 at Palais Brongniart in support of the Climate Finance Week in Paris dedicated to delivering a sustainable financial system with the UNEP FI Global Roundtable and the 4th Climate Finance Day. The event included participation from Eric Forest, Head of Listing France for Euronext, Philippe […]

France Roadmap Aims to Strengthen French Leadership in Responsible Investment

26 November 2018

Fiduciary duty in the 21st Century: Launch of the France Roadmap 26 November 2018 The France Roadmap – the latest in a series of market analyses from the Fiduciary Duty in the 21st Century programme – was launched today at UNEP FI’s 2018 Global Roundtable in Paris, France. The roadmap, which sets out recommendations for […]

UNEP FI Appointed Observer to European Commission Technical Expert Group

23 July 2018

As part of implementing its first legislative package on sustainable finance, the European Commission has recently announced a Technical Expert Group (TEG) on Sustainable Finance and has appointed UNEP FI as an observer to the Group. The main tasks of the TEG will be to assist the Commission in the development of: an EU taxonomy […]

Launch of the France Roadmap for Sustainable Finance / Lancement de la Feuille de Route Française de la Finance Durable

4 July 2018

4 July 2018 (French below) The Fiduciary Duty in the 21st Century programme – launched in 2016 by the Principles for Responsible Investment (PRI), the United Nations Environment Programme Finance Initiative (UNEP FI) and the Generation Foundation – will collaborate with Finance for Tomorrow to publish a “roadmap for sustainable finance in France”. The Fiduciary […]

Ireland is the 10th Country in the World to Publish Recommendations for Responsible Investing

29 June 2018

‘Ireland’s Fiduciary Duty Roadmap’ report provides clear recommendations on policy and market changes required to achieve full ESG integration into core areas of investment practices. These guidelines were published in advance of new EU Directive for pension funds. In June 2018, United Nations Environment Programme Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI), and […]

Europe moves to put its sustainable finance strategy into law

4 June 2018

On May 24th the European Commission released its first legislative package under its Action Plan for Sustainable Finance, including proposals on a sustainable taxonomy and investor duties. The Commission aims to make the financial sector a powerful actor in fighting climate change and meeting the sustainable development goals by further aligning the industry with the […]

Entrevista: Tomás Conde de BBVA España habla sobre los beneficios de haber tomado la capacitación de ARAS

30 April 2018

(Español) (English text below)   El internacionalmente reconocido Programa de Capacitación de Análisis de Riesgos Ambientales y Sociales (ARAS) fue desarrollado en 2005 por ONU Ambiente Iniciativa Financiera (UNEP FI, por sus siglas en inglés), INCAE Business School / Proyecto Ecobanking y la Agencia de Cooperación Alemana GIZ. Desde entonces, cursos virtuales y talleres presenciales […]

Europe Launches Action Plan on Sustainable Finance

5 April 2018

In a remarkable development at the end of March, French President, Emmanuel Macron, and European Commission President, Jean-Claude Juncker, launched the European Action Plan on Sustainable Finance. If fully enacted, it shows how quickly public and private actors can work together to change key aspects of our economic system. The Plan proposes a package of […]

UNEP FI Honoured with IPE Outstanding Industry Contribution Award

11 December 2017

Last month, UNEP FI and the Principles for Responsible Investment (PRI) received the Investments and Pensions Europe 2017 gold award for Outstanding Industry Contribution in recognition of our work on Fiduciary Duty in the 21st Century. Long considered a barrier, the programme seeks to modernise conceptions of fiduciary duty to integrate environmental, social and governance […]

European Commission Consultation on Investors’ Duties and Sustainability

14 November 2017

On 13 November 2017, the European Commission launched a public consultation on Institutional investors and asset managers’ duties regarding sustainability. Running until 22 January 2018, the consultation seeks evidence on: How clarifications or amendments to investor duties can contribute to more efficient allocation of capital and to more sustainable and inclusive growth; How to ensure […]

World’s Leading Financial Centres Promote Sustainable Finance: Find out more at UNEP FI’s Regional Roundtable on Sustainable Finance in Europe

5 October 2017

05 October, 2017 During UNEP FI’s Europe Roundtable on October 17th, Nick Robins, Co-Director of the UN Environment Inquiry, along with Philippe Zaouati, CEO of Mirova and chair of Paris’ Finance for Tomorrow Initiative, will discuss the “Casablanca statement on financial centres and sustainability”, a result of the first ever international meeting of financial centres […]

Tribe Impact Capital joins UNEP FI

4 April 2017

UNEP FI is pleased to welcome Tribe Impact Capital who have become the latest member to join. Tribe Impact Capital is an impact wealth management firm and B Corporation registered* dedicated in its entirety to advising and managing private and institutional wealth for financial return, values alignment and positive impact. Co-Founders of Tribe Impact Capital […]

European commission has named its expert group: UNEP FI members AXA, Aviva and Mirova are members

28 December 2016

22 December, 2016 In December 2016, the European Commission announced the composition of its High-Level Expert Group on sustainable finance. The Group comprises 20 policy leaders from civil society, the finance sector and academia. The objective is that the Expert Group provides, by the end of 2017, recommendations for a comprehensive EU strategy on sustainable finance […]