The United Nations Environment Programme Finance Initiative (UNEP FI) was established in 1992 as a platform associating the United Nations and the financial sector globally. The need for this unique partnership arose from the growing recognition of the links between finance and environmental, social and governance (ESG) challenges, and the role financial institutions could play for a more sustainable world.
UNEP FI works closely with 230 members from the banking, investment and insurance sectors, who have signed the UNEP FI Statement of Commitment. The membership is made up of public and private financial institutions from around the world, and is balanced between developed and developing countries. They recognize sustainability as part of a collective responsibility and support approaches to anticipate and prevent potential negative impacts on the environment and society.
UNEP FI Social Issues
UNEP FI is committed to exploring the intricacies between social issues, human rights and financial sector practices. UNEP FI aims to de-mystify the language and jargon surrounding the social agenda, and clarify how social issues relate to the activities of finance institutions.
The main objectives of the work stream include:
- To develop and maintain an understanding of human rights and social issues and how they apply to financial institutions worldwide, so that financial sector professionals are equipped to make responsible decisions.
- To produce internationally applicable guidance for finance sector organizations on identifying and addressing social issues relevant to their businesses, highlighting relevant international laws, standards and initiatives, and examples of best practice.
Contact Details
United Nations Environment Programme Finance Initiative
Chemin des Anémones 15
CH-1219 Genève
Switzerland
humanrights@unepfi.org
December 2014 United Nations Environment Programme Finance Initiative