UNEP FI Honoured with IPE Outstanding Industry Contribution Award

Last month, UNEP FI and the Principles for Responsible Investment (PRI) received the Investments and Pensions Europe 2017 gold award for Outstanding Industry Contribution in recognition of our work on Fiduciary Duty in the 21st Century. Long considered a barrier, the programme seeks to modernise conceptions of fiduciary duty to integrate environmental, social and governance […]

New online database provides comprehensive information on climate risk insurance

The Climate Insurance is the first-ever online database on climate risk and a recent collaborative effort to promote risk transfer and insurance as an approach to more effectively manage the increasing number of disasters and their impacts on vulnerable communities. The database shares the experiences of numerous international organizations in the field of risk transfer […]

CSI Kenya joins as UNEP FI Supporting Institution

  27 November, 2017 UNEP FI is very pleased to welcome CIS Kenya, a leading credit-focused association, as a supporting institution. Chief Executive Officer Jared Getenga said, “There is no question on who should join the Sustainable Finance Initiative, we should look at it as a matter of when. All businesses have to calculate risks, […]

How Stock Exchanges can Grow Green Finance

Meeting alongside the United Nations climate change summit (COP23), capital market leaders from around the world gathered to share ideas for promoting green finance in alignment with the Paris Agreement and Sustainable Development Goals. Convened by the United Nations Sustainable Stock Exchanges (SSE) initiative and hosted by the Luxembourg Green Exchange alongside the UN climate […]

European Commission Consultation on Investors’ Duties and Sustainability

On 13 November 2017, the European Commission launched a public consultation on Institutional investors and asset managers’ duties regarding sustainability. Running until 22 January 2018, the consultation seeks evidence on: How clarifications or amendments to investor duties can contribute to more efficient allocation of capital and to more sustainable and inclusive growth; How to ensure […]

Blog: Sustainable Insurance Thinking and Practices are Converging – Summary of Latest Actions by Insurers, Regulators, and Policymakers

As world leaders, business and civil society come together in Bonn for the 2017 UN Climate Change Conference (COP23)—which is the next step to implement the Paris Agreement on Climate Change—important developments are taking place within the global insurance industry and insurance regulatory and supervisory community to support the transformation to a resilient, inclusive and […]

Highlights from UNEP FI’s Europe Regional Roundtable: A challenge from an architect of the Paris Agreement and major new members announced

  To celebrate UNEP FI’s 25th Anniversary, more than 200 UNEP FI members, supporting institutions, sustainable finance professionals and members of civil society gathered in Geneva recently at UNEP FI’s first roundtable tailored for the European sustainable finance community. A challenge was laid down to the banking industry by surprise speaker, Christiana Figueres, and we […]

Beat Pollution: Sign the Pledge!

Beat Pollution: Sign the Pledge! UNEP FI members are invited to join UN Environment’s #beatpollution campaign. Company commitments to tackle pollution will feed into the outcome of the 2017 UN Environment Assembly, the world’s highest-level decision-making body on the environment, which will gather in Nairobi, Kenya from 4-6 December 2017. Pledges will be given media […]

The Emissions Gap Report 2017 and the 1 Gigaton Coalition Report

  Two major reports were launched in October 2017 by UN Environment and the 1 Gigaton Coalition.   The eighth edition of UN Environment’s Emissions Gap report, released ahead of the UN Climate Change Conference in Bonn, finds that national pledges only bring a third of the reduction in emissions required by 2030 to meet […]

UNEP FI participated in EUROCLIMA+ Climate Finance event in Santiago de Chile

Español (English text below) UNEP FI participó en el evento “Financiamiento Climático” realizado en la Reunión Anual de Euroclima+ 12 octubre 2017 | Santiago, Chile UNEP FI participó en el evento “Financiamiento Climático” realizado en la Reunión Anual de Euroclima+ en Santiago de Chile el 12 de octubre de 2017. EUROCLIMA+ promueve el desarrollo ambientalmente […]

Zurich Insurance Group joins as PSI signatory and UNEP FI member

  27 October, 2017 UNEP FI is very pleased to welcome leading commercial insurer Zurich Insurance Group as a signatory to the Principles for Sustainable Insurance, and a member of UNEP FI. Group Chief Executive Officer Mario Greco said, “At Zurich, we are proud of the steps we have taken to incorporate environment, social and […]

Just announced! UNEP FI’s next Global Roundtable will take place in Paris, December 2018

  18th October, 2017 During UNEP FI’s Regional Roundtable on Sustainable Finance in Europe, Anne-Claire Roux, Director of Finance for Tomorrow and Philippe Zaouati, CEO at Mirova announced that the next UNEP FI Global Roundtable will take place in Paris in December 2018, reaffirming the city’s role as a hub for sustainable finance. Paris-based Finance for Tomorrow is […]

Blog: How a focus on investing in energy efficiency to achieve Paris Climate Agreement goals is transforming the Mexican energy sector

The Mexican economy has traditionally been strongly driven by revenues from fossil fuels. The Paris Climate Agreement and a realisation in Mexico that new and clean sources of energy and energy savings will reduce volatility and enable a more precitable domestic energy system have triggered a fundamental transformation of the Mexican energy sector, writes UNEP […]

Global insurers unite to cut financial lifeline to pirate fishing

06 October 2017 Leading insurers from around the world have committed to take action on pirate fishing, an unlawful practice that costs the global economy tens of billions of dollars in losses every year and contributes to overfishing and the destruction of vital marine habitats and ecosystems. Allianz Global Corporate & Specialty, AXA, Generali, Hanseatic […]

World’s Leading Financial Centres Promote Sustainable Finance: Find out more at UNEP FI’s Regional Roundtable on Sustainable Finance in Europe

05 October, 2017 During UNEP FI’s Europe Roundtable on October 17th, Nick Robins, Co-Director of the UN Environment Inquiry, along with Philippe Zaouati, CEO of Mirova and chair of Paris’ Finance for Tomorrow Initiative, will discuss the “Casablanca statement on financial centres and sustainability”, a result of the first ever international meeting of financial centres […]

BBVA is 14th Leading Bank to Join UNEP FI TCFD Pilot Project

26 September 2017 We are pleased to announce that UNEP FI member, BBVA Group, is the latest to join UNEP FI’s first-mover project to implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) along with thirteen other leading banks. In collaboration with the pilot project group, they will jointly pioneer practical approaches […]

Al Gore: Fiduciary Duty in the 21st Century & the Sustainability Revolution

Former Vice President and Chairman of Generation Investment Management, Al Gore, introduces PRI, UNEP FI and The Generation Foundation’s Fiduciary Duty in the 21st Century Programme, which seeks to update conceptions of fiduciary duty and in doing so create the conditions for a more sustainable global economy. The project finds that, far from being a […]