World's leading financial institutions continue to bankroll deforestation
Most of them have failed to manage and mitigate environmental, social and governance risks
Source: downtoearth.org.in
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Woori Financial chief to visit Europe next month to discuss ESG efforts
Woori Financial Group Chairman and CEO Son Tae-seung will visit Europe next month to discuss the group's efforts in environmental, social and corporate governance (ESG) practices on the global stage, according to the banking group, Monday. It said Son's planned trip comes upon the joint invitation of two U.N. bodies _ the U.N. Framework Convention (UNFCC) and UN Environment Programme Finance Initiative (UNEP FI) _ plus that of the International Union for Conservation of Nature and Natural Resources (IUCN), an observer to the U.N. General Assembly.
Source: koreatimes.co.kr
Alicia Bárcena Calls for Promoting New Fiscal Strategies and Greater International Cooperation amid Growing Asymmetries to Finance a Big Push for Sustainability | Press Release
Speaking before Environment Ministers, ECLAC’s Executive Secretary presented a new document by the Commission on financing for sustainable development in the context of the post-COVID-19 recovery in the region.
Source: cepal.org
Principles for Responsible Banking build new pathway for banks to collectively accelerate action on universal financial inclusion and health
The Principles for Responsible Banking’s Commitment to Financial Health and Inclusion is a first-of-its-kind accelerator initiative of the banking sector to promote universal financial inclusion and health 28 signatory banks have joined the leadership group by signing the Commitment Targets are to be set and published within 18 months from signing, with annual reporting requirement thereafter
Source: unep.org
Why financial institutions are banking on sustainability
Eric Usher’s day planner is filled with meetings with the heads of some of the world’s biggest banks. And while he has years of experience working with the financial industry, his mission isn’t profit. It is to support and challenge banks and other financial institutions to lay the foundation for a more sustainable future.
Source: unep.org