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Banking, Climate Change, News, Principles for Responsible Banking | 09 February 2023

Principles for Responsible Banking to strengthen climate ambition to meet increased expectations

As the global framework and gold standard for Sustainable Banking, the Principles for Responsible Banking need to continuously evolve in line with increasing ambition and new goals humanity defines. Signatories have made the important decision to strengthen the definition of the Principles’ climate ambition to specify that Signatory Banks, in accordance with the Paris Agreement, are expected to align their portfolios with a 1.5 degrees pathway.