The Impact Protocol provides a step-by-step overview of how to analyse and manage bank portfolio impacts as per UNEP FI’s holistic impact approach and in conformity with the requirements of the Principles for Responsible Banking.

In 2017 UNEP FI’s Principles for Positive Impact Finance put forward a new, holistic, approach to impact management by private financial institutions, involving the systematic consideration of both positive and negative impacts across the three pillars of sustainable development (environmental, social, socio-economic).

In 2019, UNEP FI released the Principles for Responsible Banking (PRB’), which requires signatory banks to align their core strategy, decision-making, lending and investment with the UN Sustainable Development Goals, and international agreements such as the Paris Climate Agreement. To achieve this, Principle 2 requires banks to perform an impact analysis of their portfolios, to identify their most significant impact areas and to set impact targets and action plans accordingly, so as to manage their positive and negative impacts.

As illustrated below, the Protocol is complemented by a number of further resources, which together form a toolkit for impact management. The Protocol provides a high-level overview of the impact management process as a whole, whereas the interactive guidance, the tools and the thematic target-setting guidance can be used to operationalise the methodology. The relevant guidance, resources, tools are referenced throughout the Protocol.

  • Download the Impact Protocol here.
Watch the introduction to the UNEP FI Toolkit for Impact Management and PRB Principle 2 implementation below:

  • Download the slides from the webinar here. 
UNEP FI Impact Management Toolkit for Banks: