Fiduciary Duty in the 21st Century Final Report

A new report from UNEP FI and the PRI launched in New York on Monday 21 October 2019 at an investor roundtable. This latest report, which affirms that fiduciary duty requires the incorporation of environmental, social and governance (ESG) issues into investment analysis and decision-making processes, is the final installment of the four-year Fiduciary Duty […]

ESG data in China: recommendations for primary ESG indicators

    A new joint report by UNEP FI, PRI and SynTao Green Finance, launched in Shanghai on June 5, 2019, provides recommendations for China’s ESG disclosure framework, prepared by its financial regulators. This report is a follow-up from the Investor Duties and ESG Integration in China, and part of the Fiduciary Duty in the […]

Changing Course: A comprehensive investor guide to scenario-based methods for climate risk assessment, in response to the TCFD

Twenty institutional investors from eleven countries, convened by UNEP FI and supported by Carbon Delta, have worked throughout 2018–2019 to analyse, evaluate, and test, state-of-the-art methodologies to enable 1.5°C, 2°C, and 3°C scenario-based analysis of their portfolios in line with the recommendations of the FSB’s Task Force on Climate-related Financial Disclosures (TCFD). The outputs and […]

Global ESG Real Estate Investment Survey Results

In late 2018, a global survey was conducted to better understand how the attitudes, strategies, and practices of real estate investors, and fund and asset managers are incorporating Environmental, Social and Governance (ESG) criteria, and the degree to which they may need to strengthen their commitments so that their portfolios are aligned with the objectives of the Paris Agreement. More than […]

Positive Impact Real Estate Investment Framework

The UNEP FI Property Working Group, in collaboration with RICS, PRI, and members of the Global Investor Coalition on Climate Change, have produced a practical, action-oriented framework to accelerate a new financing paradigm for the delivery of the global SDGs. The 25 leading institutional investors and asset managers of the UNEP FI Property Working Group […]

Aligning investors with sustainable finance: a focus on the OECD

UNEP FI, the PRI and The Generation Foundation have published a report focusing on the policy work of the Organisation for Economic Cooperation and Development (OECD) on sustainable finance and investment. This briefing makes recommendations to the OECD to align policy work on the financial sector with globally agreed sustainable development objectives, such as the […]

Fiduciary Duty in the 21st Century: France Roadmap

In November 2018, United Nations Environment Programme Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI), and The Generation Foundation in collaboration with Finance for Tomorrow published the Fiduciary Duty in the 21st Century: France Roadmap. The roadmap sets out recommendations for the French market to build upon its leadership position and achieve further progress […]

A Journey towards a sustainable financial system: Luxembourg Sustainable Finance Roadmap

The aim of this Roadmap is to set a vision and lay the groundwork to establish a comprehensive and far-reaching sustainable finance strategy contributing to the Agenda 2030 and towards the objectives of the Paris Agreement. This Roadmap is ambitious in terms of Luxembourg’s contributions to sustainable development and climate action, it is forward looking […]

How securities regulators can support the Sustainable Development Goals, A sharing of experiences

Developed by a working group of nearly 70 capital market stakeholders, chaired by the Financial Regulatory Authority of Egypt, this report on securities regulation shares experiences and outlines an action plan for regulators wishing to support the Sustainable Development Goals. Learn more about Securities Regulators and Sustainable Development here. Download the full report here. About the […]

SSE 2018 Report on Progress

Global challenges – from climate change and gender equality to job creation and poverty reduction – require multilateral and multi-stakeholder solutions. To help address these international challenges, the Sustainable Stock Exchange serves as a platform for promoting good practice among stock exchanges, which are uniquely positioned to influence their markets in ways that few other […]

Fiduciary Duty in the 21st Century – Untangling Stakeholders for Broader Impact: ERISA Plans and ESG Incorporation

In September 2018, United Nations Environment Programme Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI), and The Generation Foundation in collaboration with Godeke Consulting released Untangling Stakeholders for Broader Impact: ERISA Plans and ESG Incorporation. This report explores the United States private sector retirement market that is regulated through the Employee Retirement Income Security Act of […]

Fiduciary Duty in the 21st Century – Ireland Roadmap

In June 2018, United Nations Environment Programme Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI), and The Generation Foundation in collaboration with SIF Ireland, Ireland’s Sustainable and Responsible Investment Forum, released the Fiduciary Duty in the 21st Century Ireland Roadmap. The report provides clear recommendations on policy and market changes required to achieve full ESG integration into […]

Fiduciary Duty in the 21st Century – Ohio Roadmap

In June 2018, The United Nations Environment Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI), and The Generation Foundation released the Fiduciary Duty in the 21st Century Ohio Roadmap. Ohio is often viewed as a microcosm of the United States due to its diverse regions and bellwether political landscape. Like the rest of the […]

Fiduciary Duty in the 21st Century – Investor Duties and ESG Integration in China

In March 2018, The United Nations Environment Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI), The Generation Foundation, and the International Institute of Green Finance (IIGF) released Investor Duties and ESG Integration in China. Building on the recent achievements of the national Green Finance initiative in China, the report discusses the development of an […]

Fiduciary Duty in the 21st Century – Progress Report

Fiduciary Duty in the 21st Century concluded in 2015 that there are positive duties to to integrate environmental, social and governance (ESG) factors in investment processes. This launched a project by UNEP FI, the Principles for Responsible Investment, and The Generation Foundation to end the debate around fiduciary duties and sustainability. Two years into the […]

How Stock Exchanges can Grow Green Finance

17 November 2017

Meeting alongside the United Nations climate change summit (COP23), capital market leaders from around the world gathered to share ideas for promoting green finance in alignment with the Paris Agreement and Sustainable Development Goals. Convened by the United Nations Sustainable Stock Exchanges (SSE) initiative and hosted by the Luxembourg Green Exchange alongside the UN climate […]

Fiduciary Duty in the 21st Century – Canadian Pension Regulation Analysis: Alberta

In September 2017, the PRI, UNEP FI and The Generation Foundation in collaboration with the Shareholder Association for Research and Education (SHARE) published the Canadian Pension Regulation Analysis which builds on the Canada Roadmap of the Fiduciary Duty in the 21st Century project. This document provides an international analysis of pension regulation to support the […]

Fiduciary Duty in the 21st Century – Germany Roadmap

The PRI, UNEP FI and The Generation Foundation have published the Germany Roadmap which builds on the report Fiduciary Duty in the 21st Century. Many industry experts involved in this study indicated that ESG integration in Germany is on average less advanced than in neighbouring France, the Netherlands, the UK and Scandinavia. Despite this, momentum […]

Fiduciary Duty in the 21st Century – South Africa Roadmap

The PRI, The Generation Foundation and UNEP FI have launched a series of roadmaps as part of the Fiduciary Duty in the 21st Century initiative. The publications are the culmination of extensive consultation with regulators, investors, policy makers and attorneys across the countries. They make a series of recommendations to enable the market-wide adoption of […]

Fiduciary Duty in the 21st Century – Japan Roadmap

25 April 2017

The PRI, The Generation Foundation and UNEP FI have launched a series of roadmaps as part of the Fiduciary Duty in the 21st Century initiative. The publications are the culmination of extensive consultation with regulators, investors, policy makers and attorneys across the countries. They make a series of recommendations to enable the market-wide adoption of […]