UNEP FI Principles for Responsible Banking

UNEP FI Principles for Responsible Banking

The United Nations Environment Programme Finance Initiative (UNEP FI) is a partnership between UNEP and the global financial sector to mobilize private sector finance for sustainable development. UNEP FI promotes industry-based principles: it works with more than 350 members – banks, insurers, and investors – and over 100 supporting institutions to help create a financial sector that serves people while delivering positive impacts. By leveraging the UN’s role, UNEP FI accelerates sustainable finance. UNEP FI supports global finance sector principles to catalyze integration of sustainability into financial market practice.

UNEP FI is a highly effective network for sharing knowledge and best practice aimed to amplify the collective voice of the finance sector in policy debate, engaging policymakers, regulators and supervisors on the role of the financial sector in contributing to sustainable development. For example, UNEP FI holds agenda-setting Global and Regional Roundtables to bring together partners and other stakeholders to build momentum to advance sustainable finance market practice and provide clear signals from the financial sector to policymakers on the importance of integrating Environmental, Social and Governance (ESG) issues and sustainability impacts into financial decision-making.

Supported by UNEP FI, signatories jointly develop tools and guidance, including a Guidance Document on how to implement the Principles, and share ideas and best practice.