07 March 2023Climate Change, Publications, Risk, TCFD
Industries
Insurance, News | 19 July 2021
Finance ministers of world’s most climate-vulnerable economies establish insurance facility with UN Environment Programme to protect MSMEs
UNEP’s Principles for Sustainable Insurance Initiative to host V20 Sustainable Insurance Facility with initial funding from the German government
Responsible Banking Academy – Request for Expressions of Interest
Background United Nations Environment Programme Finance Initiative (UNEP FI) is seeking a professional education body to develop an online learning…
Climate Change, Insurance, Net Zero Banking, Net Zero Insurance, News | 11 July 2021
Global insurance and reinsurance leaders establish groundbreaking net-zero alliance
Geneva/Venice, 11 July 2021—As the G20 gathers in Venice for its Climate Summit, eight of the world’s leading insurers and reinsurers make a historic commitment to play their part in accelerating the transition to a net-zero emissions economy, as required by the Paris Agreement.
Banking, Net Zero Banking, News | 11 July 2021
Almost a quarter of global banking assets now in the Net-Zero Banking Alliance
The Net-Zero Banking Alliance, established in April 2021 by 43 founding banks, and convened by UNEP Finance Initiative, has now grown to 53 banks from 27 countries with US$ 37 trillion in total assets – representing almost a quarter of banking assets worldwide. Announced at the G20 Venice International Conference on Climate, the 10 members who have joined since the launch of the Alliance are: ABANCA, AIB, Banco Bradesco S.A., Caixa Geral de Depósitos, Crédit Agricole, Crédit Mutuel, Groupe BPCE, MUFG, Nationwide Building Society and Swedbank.
Insurance, News | 11 July 2021
Global insurance and reinsurance leaders establish alliance to accelerate transition to net-zero emissions economy
Net-Zero Insurance Alliance committed to join Glasgow Financial Alliance for Net Zero and UN Race to Zero; plus Net-Zero Banking…
Events, Investment | 01 July 2021
Global launch webinar: A Legal Framework for Impact Report
The session will present the key findings from the report “A Legal Framework for Impact” authored by Freshfields Bruckhaus Deringer, and commissioned by The Generation Foundation, PRI and UNEP FI.
Banking, Net Zero Banking, News | 29 June 2021
Mark Carney urges banks to commit to tackling climate change and join the Net-Zero Banking Alliance
In an interview with ITV News, Mark Carney, UN Special Envoy on Climate Action and Finance, urged international lenders to join the Net-Zero Banking Alliance before COP26 begins in Glasgow in November. “The question for those institutions is to get themselves in a position so they can make these commitments,” Mr Carney says. “And, to be clear, these are serious commitments. You are committing to net zero, you’re committing to show how you are going to get there."
Banking, Nature, Publications, Target Setting | 24 June 2021
Guidance on Biodiversity Target-setting
The Guidance on Biodiversity Target Setting is designed for PRB signatories, allowing banks to take a systematic approach to setting and achieving biodiversity targets. The guidance presents three real-life case studies, and includes a detailed how-to guide and has been developed by 30 PRB signatories, UNEP FI, UNEP-WCMC and the Science-based Targets Network (SBTN).
Islamic Finance and the Principles for Responsible Banking
Pioneering Islamic Finance and Principles for Responsible Banking Report Launched by the Islamic Finance Council UK (UKIFC), in partnership with Malaysia based International Shari’ah Research Academy for Islamic Finance (ISRA) and the Global Ethical Finance Initiative (GEFI). The report provides an analysis of responsible banking in the Islamic finance sector, assessing the level of engagement with the Principles for Responsible Banking (PRB) amongst banks in Organisation of Islamic Cooperation (OIC) member states and analysing the approaches used by 9 Islamic finance signatories.
Banking, Events, SDGs and Impact | 04 June 2021
Launch: UNEP FI Investment Portfolio Impact Analysis Tool
The Investment Portfolio Impact Analysis Tool was developed to enable signatories to the Principles for Responsible Banking (PRB) to meet their requirements under Principle 2 on impact analysis, namely as a basis for meeting their subsequent requirements under Principle 3 on target-setting. It complements the Bank Portfolio Impact Analysis Tool which focuses on Consumer, Business, Corporate and Investment Banking.