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Responsible Finance Principles and Implication
- 2. 03 01 Table of contents The Six Principles of RB The History of Development Implications of PRB PRB vs. ESG 02 04
- 3. The Six Principles of Responsible Banking 01 You can enter a subtitle here if you need it
- 4. The Six Principles of Responsible Banking 1. Alignment 2. Impact & Target Setting • Align business strategy with individuals’ needs and society’s goals (as per SDG,PCA and others) • Increase positive impacts & reduce negative impacts • Manage risks • Set and publish target 3. Clients & Customers 4. Stakeholders • Work with clients & customers for sustainable practices, shared prosperity for current & future generations • Proactively and responsibly consult stakeholders for society’s goals 5. Governance & Culture 6. Transparency & Accountability • Effective Governance • Culture of Responsible Banking • Periodically review individual & collective implementation • Transparent and accountable for impacts & contribution to society’s goals
- 5. The History of PRB 02 You can enter a subtitle here if you need it
- 6. The Development of PRB 6 1999 1992 Launch of UNEP for Bank New Regulation BIS III 1. Introduction of the concept of Climate Risk 2. The need for Environmental, Social and Governance 1991 Launch of UNEP FI 2003 2008 6 Creation of 3 groups 1. Climate Change Group 2. Asset Management Group 3. Environmental Management & Reporting Group 2010 The Equator Principles assessing environmental and social risk in projects COP-9. Creation of 1. Sustainable Energy Financial Initiative 2. The group’s publication “CEO Briefing on Emissions Trading”
- 7. The Development of PRB 7 2018 2016 High-level UNEP FI Principles of Positive Impact Finance How bank can contribute to UN SDG 2015 COP-21 UNEP FI began to develop Task Force for Climate- Related Financial Disclosure (TCDF) 2019 7 TCDF pilot program Implementation with 16 partner banks UN General Assembly The Principles of Responsible Banking launched Feb 2021 Signatory Banks 200 Banks joined the PRB
- 8. Implications of PRB 03 Effect of PRB and prediction of the future
- 9. Implications Short-term loss of revenue Increased operational cost Banks will not be able to give loans to coal power plants and fossil fuel operations Technology integration Organizations need to spend more to assess and monitor activities so that they conform with PRB Banks will try to apply technologies to utilize cost in long-term
- 10. The future of PRB Question: Are PRB going to work? Non-binding nature Inclusion Adoption PRB is just an initiative and without consequences on violation Banks with a high ratio of non- green customers in their portfolio is disincentivized to join. Measuring reduction in GHG emissions and controlling the activities of customers can be very difficult in practice Our view: Nope
- 11. PRB versus ESG 04 A comparison of two popular terms
- 12. Applicable only to the banking industry Defines the principles to follow PRB vs ESG Established by some banks + the UN Applicable to all kinds of businesses Defines the aspects to improve Coined by a reporter, endorsed by some financial institutions & the UN PRB ESG
- 13. $290,000 Mars is actually a cold place $45,000 Venus has a beautiful name $22,000 Saturn has several rings $28,000 Mercury is the smallest planet
- 14. About the terms of the agreement Venus is the second planet from the Sun Venus Despite being red, Mars is actually a cold place Mars Follow the link in the graph to modify its data and then paste the new one here. For more info, click here
- 15. Strategic alliances Despite being red, Mars is actually a cold place. It's full of iron oxide dust which gives the planet its reddish cast ● Country name ● Country name ● Country name ● Country name Mars
- 16. What is your vision? How to reach your vision? What do you offer? How big is the market? Top 10 questions of business plans What is your situation? How to make a difference? What is your marketing plan? What are your economics? What do you need to start? Who are the key players? 1 2 3 4 5 6 7 8 9 10
- 17. CREDITS: This presentation template was created by Slidesgo, and includes icons by Flaticon, and infographics & images by Freepik and illustrations by Storyset Thanks!