NFRCSR (Non-Financial Reporting and CSR) Resource Centre >
International section >
Notes and related content Detailed map of International section Sitemap
Other (ethical banking, microfinance)
· GRI Global Reporting Initiative > e.g.
o Reporting Framework >
§ G3 Online >
o Financial Services >
§ Part A: Social Performance
§ Part B: Environmental performance
§ Sector Supplements >
· CorporateRegister.com »is the world's largest online directory of corporate non-financial reports. These include CSR, sustainability, environmental and social reports.« >> e.g.
o Advanced Companies Search & Advanced Reports Search
§ Business Sector:
· Banks
· Insurance
· Investment Companies
· Life Assurance
· Speciality & Other Finance
o GRI Guidelines Register (Find reports using the GRI guidelines) > e.g.
§ Search by: Business Sector
o AA1000AS Register (Find reports using the AA1000AS assurance standard) > e.g.
§ Search by: Business Sector
o Global Compact Register > e.g.
§ Search by: Business Sector
· The Equator Principles »A framework for banks to manage environmental and social issues in project financing«
o See also:
§ Ethical Corporation: The Equator Principles: A toddler finds its feet, but still takes an occasional tumble (14 November 2007)
§ SocialFunds: Revised Equator Principles Fall Short of International Best Practice for Project Finance (12 July 2006; By: Bill Baue)
· ABI Association of British Insurers (UK) >>
o Guidelines on Environmental Management and Reporting for the Financial Services Sector
§ The FORGE Group represents eight major UK financial institutions.
· VfU »Verein für Umweltmanagement in Banken, Sparkassen und Versicherungen e.V.« (Augsburg, Germany)
o = »The First Industry-Specific Association for Environmental Management in Banks, Savings Banks, and Insurance Companies.«
o > e.g.
§ Leistungen > e.g.
· Seminare >
o UNEP FI / VfU Workshop (1. Juni 2006):
§ »Nachhaltigkeitsberichterstattung bei Finanzdienstleistern«
o SoFi-Schulung: "VfU Kennzahlen anwenden" (22. Februar 2006)
o Umweltbilanzierung in der Praxis (30. September 2004)
· Tagungen (Mit Downloads und Präsentationen) > e.g.
o UNEP FI / VfU Roundtable 2007:
§ Corporate Social Responsibility- mehr als Umweltmanagement (13-14 November, München)
o UNEP FI / VfU Roundtable 2006:
§ Klimawandel-Chance und Risiko für die Finanzbranche (21-22 November, Berlin)
o UNEP FI / VfU Roundtable 2005:
§ Nachhaltigkeitsmanagement für Finanzdienstleister (22 & 23 November) >
· 26 Präsentationen > e.g.
o Nachhaltigkeitsberichterstattung - Anforderungen, Best Practice und Trends (.pdf hat 5 pp.)
o Management von Umwelt- und Nachhaltigkeitsdaten am Beispiel von Sofi (.pdf hat 12 pp.)
o VfU Indicators 2005 (.pdf hat 6 pp.)
o Fachtagung 2004:
§ Finanzdienstleister zur Nachhaltigkeit (24. und 25. November)
o Fachtagung 2003:
§ Nachhaltige Entwicklung und Anforderungen an Finanzdienstleister (26. und 27. November)
· VfU Kennzahlen
o Bereits 1996 setzte der VfU einen Standard zur Umweltbilanzierung bei Finanzdienstleistern.
· UNEP United Nations Environment Programme >
o Thematic Areas >
§ Business & Industry > Focus Areas >
· Finance >
o UNEP FI (Finance Initiative) > e.g.
§ Work Streams >
· Climate Change
· Insurance
· Investment
· Property
o UNEP FI Stakeholder Forum on Sustainability Management & Reporting (SMR) >
§ Report: Sustainability Management and Reporting Sustainability Management and Reporting: Benefits for Financial Institutions in Developing and Emerging Economies (.pdf, December 2006, 32 pp.)
o EPI-Finance, SPI-Finance, VfU, FORGE I & II
o >>
§ UNEP FI / GRI Pilot Process (Pilot Process for the GRI Financial Services Sector Supplement)
· Biodiversity
· Human Rights
· Finance and Conflict
· Water
· Africa
· Asia Pacific
· Central and Eastern Europe
· Latin America
· North America
· Western Europe
§ Publications > also
· e-bulletin > also
o news related to sustainability reporting in the financial sector
§ Events
§ See also: UNEP >> DTIE >> Energy Branch >> e.g.
· Publications > e.g.
o Investing in a Climate for Change - Engaging the Finance Sector (.pdf, 2008, 15 pp.)
o SEFI Sustainable Energy Finance Initiative
· E2 Management Consulting AG (Switzerland) > e.g.
o Our Services > e.g.
· »Besides individual indicators for companies, E2 has already helped develop sector-specific indicator standards, such as EPI-Finance 2000, SPI-Finance 2002 and the VfU Indicators 2005.«
· Social Performance Indicators for the Financial Industry
o »A set of social performance indicators tailored for financial institutions: This is what the SPI-Finance 2002 project has developed for banks and insurance companies which face the challenge of measuring and reporting on their social performance.«
· Environmental Performance Indicators for the Financial Industry (2000)
· The Associazione Bancaria Italiana (ABI; Italy) >>
o ABIlearning >
§ Corsi >> Linee Guida operative sulla Responsabilita Sociale d'Impresa in banca
§ Libri > Volumi > Responsabilità Sociale d'Impresa > e.g.
· Forum CSR. Atti del convegno ABI del 24 e 25 ottobre 2006
· Banche e microfinanza
· La bancarizzazione dei "nuovi italiani"
· (Book in English) Operational Guidelines on Banking Corporate Social Responsibility - Creating Value Through Listening to Stakeholders: Strategies, Policies and Tools of Csr (Anno 2006, Pagine 130, Autore: ABI)
· Il migrant banking
· Linee Guida operative sulla Responsabilità sociale d'impresa in banca
· La finanza specializzata per il terzo settore in Italia
· Banche italiane e clientela immigrata
· La RSI e il bilancio sociale nelle banche e nelle altre imprese
· Il Bilancio Sociale nelle banche italiane
· La banca etica
· Banca e responsabilità sociale, ambientale ed etica
· Modello di redazione del Bilancio Sociale per il settore del credito
· PE Consulting Group (also German version of website) offers its clients extensive support in all questions concerning the sustainability of products, processes and services. >
o Software > e.g.
§ SoFi Software (software for sustainability reporting of financial service providers) was developed by PE Europe in a multi client project, together with four banks/saving banks and one insurance. The project was supported by the Association for Environmental Management in Banks, Savings Banks and Insurance Companies (VfU).
o >>
§ »The 'Benchmarking Platform Finance' is accessible via the internet and provides individual evaluation of one's own performance against a peer group - thanks to the support of UNEP FI and VfU who delivered the content frame used in the platform. The concept and service was introduced at the UNEP FI / VfU roundtable (22nd and 23rd Nov 2007 in Berlin)«
· The annual competition for the "Best MBA Paper in Corporate Citizenship"
o »is conducted by The Center for Corporate Citizenship at Boston College and Net Impact.«
o >
§ 2005 MBA Award winning paper examines the implications of legislation to mandate non-financial reporting in the banking and financial services industry, and advocates for banks to create a strategic approach to corporate social responsibility.
· Corporate Social Responsibility: Strategic Recommendations for U.S. Banks (29 August 2005, 17 pp., available as .pdf; By: Douglas J. Young, University of California – Berkeley, Haas School of Business)
· IFC (International Finance Corporation) »the private sector investment arm of the World Bank Group, is a global investor and advisor committed to developing a sustainable private sector in emerging markets.« > e.g.
o Key links > e.g.
§ Environment & Social Development > e.g.
· Products & Services > e.g.
o Sustainability Business Innovation >
§ Sustainable Investing (formerly Sustainable Financial Markets Facility)
· Sustainable Investing works with international organizations, institutional investors and investment research houses to provide research and convening around new trends in sustainable finance.
· Publications > e.g.
o Environmental Finance > e.g.
§ Banking on Sustainability - Financing Environmental and Social Opportunities in Emerging Markets (March 2007; .pdf has 92 pp.)
· See also related press release at CSRwire: Banks Gain Competitive Edge through Sustainability-Oriented Risk Management and Product Development (27 March 2007)
§ Sustainability Banking in Africa (September 2004)
§ Beyond Risk (2003)
§ IFC Standards = Environmental and Social Standards
· »IFC applies to all the projects it finances environmental and social standards to minimize their impact on the environment and on affected communities.«
· »IFC has emerged as a global standard setter on environmental and social development for financial market institutions and the private sector.«
· See also:
o SocialFunds.com >
§ News > News Center >> e.g.
· Environmental, Social and Governance Standards: Glass Half-Empty or Half-Full? (28 November 2007)
· New International Finance Corporation Sustainability Standards: Watershed or Watered Down? (23 November 2005; By: William Baue)
o »A group of socially responsible investors express concern over perceived shortcomings in the proposed IFC policy revisions, while the IFC points out where the policies break new ground.«
· IFC Urged to Include Corporate Screens and Address Climate Change in New Standards (13 May 2005)
§ Sustainability > e.g.
· Who benefits >
o Financial Institutions (about Equator Principles)
o News > e.g.
§ Media tools >
· Sustainable Investor newsletter
o (monthly e-newsletter of news and trends in emerging market finance and development.)
· UN Global Compact (GC) > e.g.
o Communicating Progress > e.g.
§ COP Search (Communication on Progress) > e.g.
· Search for: Type of Participant:
o Business participants only
§ Choice of Industry segment, company size and Global 500 status:
· Finance & Insurance
· Companies selected for the quality of their COP (listed by industry)
· > also
o Finance & Insurance
o Issues >
· Publications > e.g.
o Unlocking Value: The Scope for Environmental, Social and Governance Issues in Private Banking (January 2007; .pdf has 26 pp.; Report by UNEP FI)
o Principles for Responsible Investment
o »Who Cares Wins« – One Year On
§ (.pdf has 27 pp., Autumn 2005; Or at IFC site)
§ Read related article at SocialFunds.com (By William Baue, 10 November 2005)
o Environmental, Social and Governance Factors… Gaining Momentum in Mainstream Investing . . . or Not?
§ (.pdf has 8 pp., October 2005; Report by The Conference Board)
o Investing for Long-Term Value - Integrating environmental, social and governance value drivers in asset management and financial research
§ (.pdf has 32 pp.; Conference Report, Zurich, 25 August 2005)
o Who Cares Wins – Connecting Financial Markets to a Changing World
§ (.pdf has 58 pp.; December 2004)
· Documents & Standards
· Further Links
· WRI World Resources Institute >
o Governance & Access > Projects >
§ The International Financial Flows and the Environment (IFFE) project works to align public and private investment with environmentally sustainable development and poverty reduction.
· UNEP United Nations Environment Programme > Thematic Areas > Business & Industry > e.g.
o Division of Technology, Industry, and Economics (DTIE) > Division of Technology, Industry, and Economics >
§ Branches > e.g.
· Production and consumption >
o Websites >
§ Financing Cleaner Production (last updated ??)
· Business & Partnerships >
o Further information > Business & Partnerships >
§ Voluntary Initiatives > e.g.
· Sector Initiatives >
o CSD Commission on Sustainable Development > e.g.
§ CSD 14 (2006) >
· Class of 2006: Industry Report Cards on Environment and Social Responsibility >
o Services >
§ Finance (.pdf has 2 pp.)
o Focus areas >
§ Finance >
· Finance Initiatives (= UNEP Finance Initiative = UNEP FI)
· Energy Finance > e.g.