18 November 2021
UNEP FI today announces the formation of a new Leadership Council, designed to further mobilise the financial sector and deepen the integration of sustainability across the industry.
The council brings together leaders of banks and insurers currently represented on one of the three elected UNEP FI governance bodies; the Global Steering Committee, the board of the Principles for Responsible Banking or the board of the Principles for Sustainable Insurance. Chaired by Inger Andersen, United Nations Under-Secretary General and Executive Director of the UN Environment Programme, the Council will take a prominent role in mobilising the global financial industry in support of a more resilient, fair and just future.
The 19 Council members include CEOs and Chairpersons from the following organisations; Aon plc, African Risk Capacity Ltd, Allianz SE, AXA, Banco Hipotecario de El Salvador, BBVA, BNP Paribas, CAF, ICEA Lion, Insurance Australia Group, Nordea, Piraeus Financial Holdings, QBE, Shinhan Financial Group, Standard Bank, SulAmérica, TD Insurance, Vancity and Westpac Group. A full list of Council members can be found here.
The council will meet annually, providing vision and strategic direction to UNEP FI in orienting its role and that of the UN, in shaping, mainstreaming and deepening sustainability integration across the industry. It will further mobilise the financial community to support a sustainable, resilient and inclusive economy.
The first meeting will be held at the end of November with the Council considering the mainstreaming and integration of ESG risks and impacts, and the challenges, vision and solutions for aligning financial activities, integrating sustainability, and moving from ‘green transactions’ to ‘green institutions’. A meeting summary was published following the event – download the key takeaways.