Banking

Principles for Responsible Banking (PRB) are designed to ensure that signatory banks’ strategy and practice align with the vision society has set out in the Sustainable Development Goals and the Paris Climate Agreement.

This resource calls upon organisations to:

• Strategy: Commit to aligning the bank’s activities and portfolios to global goals, namely the Sustainable Development Goals (SDGs) and the Paris Agreements, by embedding sustainability at the strategic, portfolio and transactional levels, across all business areas.  This initiative involves a fee for participation and requires periodic disclosure of progress made towards enforcing the Principles.
• Governance: under construction
• Identify: under construction
• Measure, assess and value: under construction
• Set targets and plan: under construction
• Verification, assurance and certification: Use the PRB Assurance Guidelines to assure adherence to the Principles.

Tool to help banks and investors holistically understand and manage the actual and potential impacts of their portfolios.

Use this resource to:

• Identify: Understand the impact areas and topics associated to your bank’s portfolio based on portfolio composition and context, identify the bank’s most significant impact areas.
• Measure, assess and value: Assess current practice and performance vis a vis most significant impact areas by combining the tools ‘Identification’ outputs with additional data; use the assessment as a basis for target-setting and to define the bank’s action plan.
• Set targets and plan: Define relevant and meaningful targets and action plans.