Webinar: Banking on ESG – How will the banking sector adapt in an era of global volatility

This unique webinar will dig into the details of how ESG risks and opportunities can have material impacts on bank balance sheets, investor returns and the long-term financial health of the global economy. The discussion will consider key ESG trends in the banking sector from the perspective of reporting banks, investors, and one of the world’s largest investment data analysts.

‘Principles for Responsible Banking’ and their supporting framework released following six-month consultative process — Endorsed by more than 100+ financial institutions ahead of their 22 September global launch

25 July 2019, Geneva – Following a six-month public consultative process, the United Nations Environment Programme Finance Initiative (UNEP FI) has this week released the final official versions of the UNEP FI Principles for Responsible Banking and their supporting framework documents. The Principles have been developed by a core group of 30 Founding Banks through…

UNEP FI launches paper on adaptation finance for the Global Commission on Adaptation

17 July, 2019, Geneva – A recent United Nations report estimated that it will take $140 to 300 billion to strengthen the resilience of societies and economies to climate change, and reduce the vulnerability of the planet’s natural resources. To accelerate adaptation action around the globe, the Global Commission on Adaptation (GCA) was launched in…

Senior financiers, investors and policy-makers agree importance of boosting energy efficiency investment at official G20 side event

Tokyo, Japan, 12 June 2019 – At the G20 Global Summit on Financing Energy Efficiency, Innovation and Clean Technology, the CEOs of major pension funds, insurance companies, and senior financiers joined G20 policy-makers in assessing how to close the world´s energy efficiency investment gap. The summit is an official side-event to the 2019 Japanese Presidency of…

Canadian members meet in Toronto for launch of TCFD guidance for investors and to discuss latest developments in region

TD Bank Group hosted a meeting of UNEP Finance Initiative’s Canadian members in Toronto on 10th of May. The meeting was chaired by Nicole Vadori, Associate Vice President and Head of Environment, TD and attended by Eric Usher Head of UNEP FI. More than 30 representatives from members in Canada attended. Maz Moini, Chief Operating…

Changing Course: UNEP FI and twenty institutional investors launch new guidance to implement TCFD Recommendations

Twenty institutional investors from eleven countries convened by the UN Environment Finance Initiative (UNEP FI) today launched comprehensive investor guidance to help assess how climate change and climate action could impact investor portfolios around the world. These assessments enable investors to be more transparent about their climate-related risks and opportunities in line with the recommendations…

Watch the launch of our new report for investors implementing the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)

Financial institutions and journalists are invited to attend an event to hear the experiences of investors from a pilot project implementing the recommendations of the TCFD. Come and find out more about the tools that will help investors perform scenario analysis and calculate the risks and opportunities presented by climate change.

Global ESG Real Estate Investment Survey Results

In late 2018, a global survey was conducted to better understand how the attitudes, strategies, and practices of real estate investors, and fund and asset managers are incorporating Environmental, Social and Governance (ESG) criteria, and the degree to which they may need to strengthen their commitments so that their portfolios are aligned with the objectives of the Paris Agreement. More than…

Give feedback on first ever global guidance for the non-life insurance industry on integrating sustainability

The first ever guidance designed for the global insurance industry to integrate sustainability into industrial and commercial business has launched for public consultation today. The result of a multi-year initiative co-led by UNEP FI’s Principles for Sustainable Insurance and leading insurer, Allianz, the guide is designed to manage environmental, social and governance risks in insurance…

Guidance developed on an impact-based approach to finance for real estate investors and asset managers

The UNEP FI Property Working Group, in collaboration with RICS, PRI, and members of the Global Investor Coalition on Climate Change, have produced a practical, action-oriented framework to accelerate a new financing paradigm for the delivery of the global SDGs. The 25 leading institutional investors and asset managers of the UNEP FI Property Working Group…

Aligning investors with sustainable finance: a focus on the OECD

UNEP FI, the PRI and The Generation Foundation have published a report focusing on the policy work of the Organisation for Economic Cooperation and Development (OECD) on sustainable finance and investment. This briefing makes recommendations to the OECD to align policy work on the financial sector with globally agreed sustainable development objectives, such as the…

At COP24: Group of 415 investors call on world leaders to address climate change

Global investors today called on governments around the world to step up action to address climate change. 415 investors, with $32 trillion in assets-under-management, are behind the call-to-action as signatories of the 2018 Global Investor Statement to Governments on Climate Change.   The ‘Global Investor Statement’ reaches global leaders as the United Nation’s COP24 global…

UNEP FI working with 16 global insurers to better understand risk & implement TCFD recommendations

UN Environment’s Finance Initiative (UNEP FI) announced today a partnership with 16 of the world’s largest insurers—representing around 10% of world premium and USD 5 trillion in assets under management—to develop a new generation of risk assessment tools designed to enable the insurance industry to better understand the impacts of climate change on their business. This understanding is vital for an industry whose core business is to manage risk.

Pioneering global framework for sustainable ocean finance launched at Our Ocean global summit

The world’s first global framework to finance a sustainable ocean economy was launched at the Our Ocean conference today. The Sustainable Blue Economy Finance Principles were developed by the European Commission, WWF, World Resources Institute (WRI), and the European Investment Bank (EIB). Started as a commitment by a dozen financial institutions and key stakeholders just…

288 investors with more than $26 trillion in assets call on world governments to scale up climate action to achieve the goals of the Paris Agreement

  QUEBEC, 4 JUNE 2018 – As leaders gather in Canada for the 2018 G7 Summit, 288 institutional investors with $26 trillion in assets under management urged governments to step up their ambition and action to achieve the goals of the Paris Agreement, support investment in the low-carbon transition, and improve climate-related financial disclosures. “The…

Invitation to sign new Global Investor Statement to Governments on Climate Change

We are writing to give your organisation the opportunity to sign a new Global Investor Statement to Governments on Climate Change. The statement calls on governments to: Achieve the Paris Agreement’s goals; Accelerate private sector investment into the low carbon transition; and Commit to improve climate-related financial reporting. You can also find background information on…

Leading investors partner with UN to boost climate transparency by piloting Task Force for Climate-related Financial Disclosures recommendations

            UN Environment Finance Initiative (UNEP FI), together with nine investors representing close to US$ 3 trillion have formed a leadership group to promote action on climate transparency by the investor community. They will work with UNEP FI towards a first set of climate-related investor disclosures in alignment with the…