Publications

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 […]

Navigating a New Climate: Assessing Credit Risk and Opportunity in a Changing Climate

Outputs of a working group of 16 banks piloting the TCFD Recommendations Part 2: Physical-related risks and opportunities This report is the result of a collaboration between sixteen of the world’s leading banks with UN Environment Finance Initiative (UNEP FI), and climate risk and adaptation advisory firm Acclimatise. The banks set out to develop and […]

UNEP FI Integrated Workplan 2018-2019

UNEP FI’s Integrated Workplan from July 2018 to June 2019 explains UNEP FI’s strategy and a bird’s-eye view of UNEP FI’s full range of activities. The report is available from  here.

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 […]

Exploring Metrics to Measure the Climate Progress of Banks

Assessing and reporting on the transition to a low carbon economy is a key area of interest for public- and private-sector banks. In the months preceding the United Nations climate change conference in Paris in 2015, many of the world’s leading banks made commitments to either decrease the financing of “climate problems” or increase the […]

Extending our Horizons: Assessing Credit Risk and Opportunity in a Changing Climate

Outputs of a working group of 16 banks piloting the TCFD Recommendations Part I: Transition-related risks and opportunities This report is the result of a collaboration between sixteen of the world’s leading banks with UN Environment Finance Initiative (UNEP FI), and management consultancies Oliver Wyman and Mercer to pilot scenario-based assessments of transition-related risks and […]

Natural Capital Protocol – Finance Sector Supplement

Launched in April, in Hong Kong, ‘Connecting Finance and Natural Capital: A Supplement to the Natural Capital Protocol’ is a tool for financial institutions to assess how their business is impacted by, and depends upon the natural world. The Natural Capital Protocol has created a globally recognized and standardized framework for business. This supplement to […]

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 […]

Portfolio Decarbonization Coalition: 3rd annual progress report details benefits of low-carbon approach

The third annual report from the Portfolio Decarbonization Coalition (PDC) examines the progress made by its members in assessing and taking investment action on climate-related risks and opportunities, and by extension, in decarbonizing capital allocation and portfolio design worldwide. It provides an introduction to the coalition, and an overview of the decarbonization approaches and strategies […]

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 […]

The Emissions Gap Report 2017 and the 1 Gigaton Coalition Report

31 October 2017

  Two major reports were launched in October 2017 by UN Environment and the 1 Gigaton Coalition.   The eighth edition of UN Environment’s Emissions Gap report, released ahead of the UN Climate Change Conference in Bonn, finds that national pledges only bring a third of the reduction in emissions required by 2030 to meet […]

Financing the UN Development System: Pathways to Reposition for Agenda 2030

Financing the UN Development System: Pathways to Reposition for Agenda 2030 September 8th, 2017 This new report, a collaboration between the Dag Hammarskjöld Foundation and the UN Multi-Partner Trust Fund Office, looks at the major trends, opportunities and challenges around financing the UN and the 2030 Agenda more broadly. UNEP FI, through initiatives such as […]

Sustainable Insurance: The Emerging Agenda for Supervisors and Regulators

Key sustainability factors are now recognized as potentially significant for the success, safety and soundness of the insurance sector – inspiring reactions by supervisors and regulators. As a risk manager, risk carrier and investor, the global insurance sector plays a cornerstone role in the management of sustainability-related risks and opportunities. The risk transfer tools of […]

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 […]

EEFIG Underwriting Toolkit – Value and Risk Appraisal For Energy Efficiency Financing

The Energy Efficiency Financial Institutions Group (EEFIG) Underwriting Toolkit provides a common framework for financial institutions, project developers and hosts of energy efficiency projects such as companies and consumers to scale up their deployment of capital into energy efficiency. EEFIG is a partnership between UNEP FI and the European Commission. The multiple stakeholders involved in energy […]

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 […]