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UNEP FI Principles for Responsible Banking
In 2019, Credit Suisse became a founding signatory to the Principles for Responsible Banking (PRB) of the UN Environment Programme Finance Initiative (UNEP FI). The PRB call for the alignment of the banking sector with the UN SDGs and the objectives of the Paris Agreement and represent a comprehensive framework for the integration of sustainability across all areas of banking. Signatories commit, among other things, to align their business strategy to contribute to individuals’ needs and society’s goals, and to set targets to continuously increase the positive impacts of their activities, products and services. By the end of 2020, more than 200 banks had signed up to the PRB. Credit Suisse has taken first steps towards PRB implementation as shown in our first reporting on progress below.