The Brazilian launch of the Principles for Positive Impact Finance took place in Sao Paulo, Brazil on June 6th, 2017. It was attended by 13 organizations, including commercial banks and asset managers. Denise Hills, Head of Sustainability, from Itau and Denis Childs, Head of Positive Impact, from Societe Generale presented on how to implement a Positive Impact approach within the finance industry, while Frederico Cintra from Bradesco presented the status of sustainable and green finance in Brazil.
Developed by a group of banks, investors and members of UN Environment Finance Initiative, the Principles are a set of high-level guidelines to promote the development of positive impact business and finance, and thus contribute to the achievement of sustainable development, and in particular, the Sustainable Development Goals (SDGs).
The Principles provide a flexible framework for the business and finance community to identify and develop positive impact activities, entities and projects. The Principles also help a broader set of public and private stakeholders identify and assess positive impact business and finance, such as those that contribute to sustainable development and thus the achievement of the SDGs.
Click here to read more about the positive impact finance initiative.