UNEP Finance Initiative is the UN-convened network of banks, insurers and investors accelerating sustainable development. The UNEP FI Interoperability Guide was developed to facilitate implementation of CSRD/ESRS by banks using UNEP FI and/or PRB content.
UN Principles for Responsible Banking
The principles were created by the UN in partnership with founding banks and are designed to be integrated into banks’ strategies and across their portfolio of activities. They are:
• Alignment • Impact and Target Setting • Clients and Customers • Stakeholders • Governance & Culture • Transparency & Accountability
UN PRI
PRI is an international organisation that works to promote the incorporation of ESG factors into investment decision making.
The six Principles for Responsible Investment, developed by an international group of institutional investors under a process convened by the UN.
They are:
• Principle 1: We will incorporate ESG issues into investment analysis and decision making processes.
• Principle 2: We will be active owners and incorporate ESG issues into our ownership policies and practices.
• Principle 3: We will seek appropriate disclosure on ESG issues by the entities in which we invest.
• Principle 4: We will promote acceptance and implementation of the Principles within the investment industry.
• Principle 5: We will work together to enhance our effectiveness in implementing the Principles.
• Principle 6: We will each report on our activities and progress towards implementing the Principles.
United Nations Environment Programme
The UNEP is the leading global authority on the environment. It unites 193 Member States in an effort to find solutions to climate change, nature and biodiversity loss and pollution and wase, collectively known as the triple planetary crisis.
UN Framework Convention on Climate Change :
The UNFCCC Secretariat is the UN entity charged with supporting the global response to the threat of climate change.
A voluntary initiative based on CEO commitments to implement universal sustainability principles and to take steps to support UN goals
United Nations An international organisation founded in 1945 which currently has 193 members.
An international signatory network. The United Nations six Principles for Responsible Investment
The six Principles for Responsible Investment, developed by an international group of institutional investors under a process convened by the UN.
They are:
• Principle 1: We will incorporate ESG issues into investment analysis and decision making processes.
• Principle 2: We will be active owners and incorporate ESG issues into our ownership policies and practices.
• Principle 3: We will seek appropriate disclosure on ESG issues by the entities in which we invest.
• Principle 4: We will promote acceptance and implementation of the Principles within the investment industry.
• Principle 5: We will work together to enhance our effectiveness in implementing the Principles.
• Principle 6: We will each report on our activities and progress towards implementing the Principles.
UN SDGs
United Nations Sustainable Development Goals
The 17 goals were adopted by all UN Member States in 2015 as part of the 2030 Agenda for Sustainable Development which set out a 15-year plan to achieve the Goals.
(No poverty; zero hunger; good health and well-being; quality education; gender equality; clean water and sanitation; affordable and clean energy; decent work and economic growth; industry innovation and infrastructure; reduced inequalities; sustainable cities and communities; responsible consumption and production; climate action; live below water; life on land; peace, justice and strong institutions; partnerships for the goals.)
Integration of sustainability factors and risks in UCITS, AIFMD, MiFID II and IDD
• UCITS: Commission Delegated Directive EU 2021/1270 implemented in Ireland by amending UCITS Regulations – SI 442 of 2022
• AIFMD: Commission Delegated Regulation EU 2021/1255
• MiFID II: Commission Delegated Regulation EU 2021/1253 (risk management integration and investor sustainability preferences)
• MiFID II: Commission Delegated Directive EU 2021/1269 (product governance obligations)
• Solvency II: Commission Delegated Regulation 2021/1256 (integration into governance)
• IDD: Commission Delegated Regulation EU 2021/1257
UNPRI The United Nations six Principles for Responsible Investment