The take up of SMR by financial institutions especially in developing countries is still low whilst the financial sector plays an important role in sustainable development as intermediaries to the allocation of financial capital. UNEP FI identifies lack of awareness and capacity as the two main barriers hindering many financial institutions to implement SMR. The report aims to address both these barriers by first setting out a business case for SMR. The target audiences for the document are CEOs and board members of financial institutions with no experience in SMR. It is especially targeting domestic financial institutions (as opposed to international development banks and subsidiaries of international banks) in developing countries. The publication introduces case studies that provide a clear insight into the commercial and environmental benefits of adopting the sustainability management and reporting principles, and ideas on capacity building in introducing SMR.
Published: 2006 | by: UNEP FI

Sustainability Management and Reporting: Benefits for Financial Institutions in Developing and Emerging Economies (447 KB | 32 pages)