UN Principles Of Responsible Banking

Question 1

Purpose of signatory banks

Answer 1

To transform the banking industry enabling it to help society achieve goals

Question 2

Vision of signatory banks

Answer 2

A responsible banking industry that is an integral part of society. Using natural resources sustainably

Question 3

Mission of signatory banks

Answer 3

Take a leadership role, using products, services and relationships to support and accelerate changes in our economies and lifestyles for current and future generations

Question 4

Mission of signatory banks

Answer 4

Take a leadership role, using products, services and relationships to support and accelerate changes in our economies and lifestyles for current and future generations

Question 5

Principle 1: Alignment

Answer 5

Aligning business strategy to contribute to people’s needs and society’s goals

Question 6

Principle 2: impact & target setting

Answer 6

Increase positive and decrease negative impacts. Managing risks.

Question 7

Principle 3: clients & customers

Answer 7

We will work responsibly with clients to encourage sustainable practices.

Question 8

Principle 4: Stakeholders

Answer 8

We will proactively and responsibly engage with relevant stakeholders to achieve society’s goals.

Question 9

Principle 5: governance & culture

Answer 9

We will implement our commitment to these principles through governance and a culture of responsible banking.

Question 10

Principle 6: Transparency & Accountability

Answer 10

We will review our individual and collective implementation of these principles, being transparent and accountable.

Question 11

UNEP FI 3-Step process

Answer 11

Impact analysis
Target setting
Reporting