Article summary
The United Nations Environment Programme Finance Initiative (UNEP FI) has announced that signatories of the Principles for Responsible Banking and UNEP FI member banks have developed a tool to help banks analyse the impacts associated with their retail (consumer and business banking) and wholesale (corporate and investment banking) portfolios. UNEP FI says the analysis will enable banks to set targets where it matters in order to drive their contribution to society’s goals, as required by the Principles for Responsible Banking.
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