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Banking, News, Principles for Responsible Banking, Social | 21 February 2024

UNEP FI launches newest guidance on Financial Health and Inclusion for banks

The new Principles for Responsible guidance titled, "Driving Impact on Financial Health and Inclusion of Individuals and Businesses: From Setting Targets to Implementation" is set to support financial institutions advance the financial well-being of their customers, by providing a comprehensive framework for financial institutions to build robust strategies, set impactful targets, and implement informed actions to drive impact in the realm of financial well-being and inclusion.

Banking, Principles for Responsible Banking, Publications, Social | 21 February 2024

Driving Impact on Financial Health and Inclusion of Individuals and Businesses: From Setting Targets to Implementation

The new PRB guidance, "Driving Impact on Financial Health and Inclusion: From Setting Targets to Implementation", supports financial institutions prioritising financial well-being by creating common definitions for Financial Health and Inclusion, proposing a Pathway to Impact, and offering standard indicators and methodologies for strategy development and implementation. It provides practical tools to set impactful targets and create robust strategies to promote financial well-being, and tailor action plans to meet the unique needs of individuals and businesses.