The United Nations Environment Programme Finance Initiative (UNEP FI) is a leading global partnership established in 1992, headquartered in Switzerland (CH). This initiative operates primarily across Europe, North America, and Asia, focusing on the finance industry’s role in sustainable development. UNEP FI collaborates with over 200 financial institutions to promote responsible investment and sustainable finance practices. With a commitment to integrating environmental, social, and governance (ESG) factors into financial decision-making, UNEP FI offers unique resources and frameworks that empower institutions to align their operations with sustainable development goals. Notable achievements include the development of the Principles for Responsible Banking, which sets a benchmark for sustainable banking practices globally. Through its innovative approach, UNEP FI positions itself as a pivotal player in the transition towards a more sustainable financial system.
How does Unepfi's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Membership Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Unepfi's score of 26 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, the United Nations Environment Programme - Finance Initiative (UNEPFI) reported total carbon emissions of approximately 1,240,000,000 kg CO2e. This figure represents the organisation's global emissions, although specific breakdowns into Scope 1, 2, or 3 emissions were not disclosed. Currently, UNEPFI does not have any publicly stated reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of reduction initiatives suggests a need for further development in their climate strategy. As a current subsidiary of the United Nations Environment Programme, UNEPFI's emissions data is cascaded from its parent organisation, which may influence its overall climate commitments and strategies. The organisation's focus on climate-related financial initiatives indicates a commitment to addressing climate risks, although specific actions and targets remain unspecified.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Unepfi is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.