The document outlines the principles of responsible banking (PRB), which include alignment with societal goals, impact assessment, stakeholder engagement, governance, and transparency. It traces the historical development of PRB since its inception in 1992 and notes implications for banks, emphasizing both the potential short-term operational costs and long-term technology integration needs. The document also compares PRB with environmental, social, and governance (ESG) frameworks, highlighting their differing scopes and objectives.