Five figures to explain the UN Principles for Responsible Banking

The Principles for Responsible Banking set the course for banks to align their strategies with society's goals. These principles provide a framework for a sustainable banking system that acts in a responsible way, in support of the Sustainable Development Goals (SDGs) ans the Paris Agreement on Climate Change. We explain the principles in five figures.

6 Principles

• Alignment: adapting the business strategy to comply with the SDGs, the Paris Agreement and other framework agreements.
• Impact: increase positive impacts while reducing negative impacts.
• Clients and customers: create shared prosperity that benefits society.
• Stakeholders: collaborate with the most relevant stakeholders to achieve the goals.
• Governance and target setting: to implement the commitments and attain the objectives.
• Transparency and accountability: for the positive and negative impacts.

28 Leading banks

The number of banks who have joined the initiative under the auspices of the United Nations Environmental Programme - Finance Initiative (UNEP- FI). They are all committed to the transformation of the banking industry and have taken on a leading role to achieve the social objectives.

17 Trillion dolars

The total assets owned by this global coalition of banks.

6 Months

Will be the amount of time allocated to the global public consultation on the Principles for Responsible Banking. Following their November 26th launch at the UNEP-FI Global Roundtable in Paris, now is the time for participation and consultation. Anyone interested in taking the survey can do so using this link. The organization is committed to reviewing the responses and modifying the principles and implementation guide as needed.

The 2019 signing

Is the year when, after the public consultation is complete, the Principles for Responsible Banking will be signed at the UN head quarters in New York in September.