NEW: Version 3 of the Portfolio Impact Analysis Tool for Banks is out now!

As of 2022, UNEP FI’s Impact Analysis Tools are gradually transitioning to a ‘modular’ format, where the different components of impact analysis are contained within distinct modules. Discover all modules of Version 3 of the Portfolio Impact Analysis Tools for Banks!

The Portfolio Impact Analysis Tools for Banks (Version 3) modules:

  • Context Module – Download here
    • Latest update: 28 November 2022 (Data OUT worksheet)
    • Download the user guide here
  • Consumer Banking / Identification Module  – Download here
    • Latest update: 28 November 2022 (Data OUT worksheet)
    • Download the user guide here
  • Consumer Banking / Assessment Module  – Download here
    • Latest update: 28 November 2022
    • Download the user guide here.
    • Download the Indicator Library here
  • Institutional Banking / Identification Module   – Download here
    • Latest update: 10 October 2022 (Data OUT worksheet)
    • Download the user guide here
  • Institutional Banking / Assessment Module   – Download here
    • Download the Indicator Library here
    • Download the user guide here
    • Download the Indicator Library here

The Portfolio Impact Analysis Tools for Banks (Version 3) is an iterative input-output workflow based on UNEP FI’s unique Holistic Impact Methodology.

The Tool requires users to input data to describe their portfolio and to reflect their current impact performance. The Tool then uses the input data in combination with a set of in-built impact mappings to produce a number of outputs, in particular a set of impact profiles by business line, and to guide the user in identifying the bank’s most significant impact areas and determining priorities, thus setting the basis for strategy development and target-setting.

The Tool is designed to enable banks to comply with the requirements under Principle 2 on Impact Analysis and Target-setting of the Principles for Responsible Banking (PRB): ‘We will continuously increase our positive impacts while reducing the negative impacts on, and managing the risks to, people and environment resulting from our activities, products and services. To this end, we will set and publish targets where we can have the most significant impacts.’

About the new, modular format:

As of 2022, UNEP FI’s Impact Analysis Tools are gradually transitioning to a ‘modular’ format, where the main components of impact analysis are contained within distinct modules, as per the diagramme below.

This new modular format allows more flexibility to accommodate for a variety of types of user banks.

Other exciting new features of Version 3 include:
  • The impact areas and mappings considered in the tool are those listed and described in the revised Impact Radar (Positive Impact Initiative, UNEP FI, 2022).
  • Enhanced user-friendliness / quicker navigation thanks to lighter file size
  • Increased capacity (sector selection)
  • The Context module enables needs assessment at three different levels: global, country and local
  • New data visualisations, including SDG correspondences
  • Sector selection remains possible in a variety of industry classification codes (ANZIC, ISIC, NACE, NAICS)
Resources:
  • Download the User Guides for Version 3 of the Tool here (one per module).
  • Presentation about the Tool can be found here.
  • Download the demo versions of the modules here:
  • Watch the launch and walk-through of Version 3 (Context and Identification Modules), featuring UNEP FI, RBInternational and Alex Bank here.
  • If you would like to access previous versions of the tool, please get in touch here.
FAQs

1. I started my impact analysis using V2 of the Tool. Should I stick to V2 or move to the first Modules of V3?

Unless you are just starting out, or still in the middle of the identification process then we would recommend moving to V3 of the Tool. If you are done with identification and starting on assessment, with a need to finish very soon, we would suggest sticking to V2 for this round if your focus is on Consumer Banking. For Institutional Banking portfolios however, you can continue in V3 (Assessment Module /Institutional Banking).

2. Will the other Impact Analysis Tools (Investment Portfolios, Corporate, Real Estate) be shifted to a modular format?

Yes, all the Tools will be shifted to a modular format. The Corporate Impact Analysis Tool is next in line to be shifted.

3. Who has access to the Tool? How many banks are currently using it?

The Tools and User Guides are open source, available for free and can be used and implemented by anyone who would be interested. However, members of the Principle of Responsible Banking (PRB) and UNEP FI are benefitted with implementation support, workshops and continual working group meetings and consultations.

Approximately half of UNEP FI’s PRB signatories (which account for more than 290 banks across the world) are currently using the Portfolio Impact Analysis Tool for banks.

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Feedback

Are you using V3? What has your experience been like? Share your feedback with the UNEP FI Secretariat and check the website regularly for updates! The adjustments will be listed so you can keep track of what is changing.

Contacts:

Copyright © United Nations Environment Programme, 2022

The UNEP FI Portfolio Impact Analysis Tools for Banks and its User Guides may be reproduced in whole or in part and in any form for non-commercial educational or non-profit purposes without special permission from the copyright holder, provided acknowledgement of the source is made. Please contact the United Nations Environment Programme for a tailored acknowledgement statement. The United Nations Environment Programme would appreciate receiving an electronic copy of any materials (publications, resources, tools) that use all or part of this resource either directly or as a source of inspiration.

No use of the UNEP FI Portfolio Impact Analysis Tools for Banks and its User Guides may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the United Nations Environment Programme.