The report sets out actions to deliver a global sustainable financial system, with recommendations for all parts of the investment chain. The report was updated in December 2019 to reflect the actions and momentum that has built in the financial system since the report was first released.
Co-written by The Prince's Accounting for Sustainability Project (A4S) and Aviva Investors, the report was first tabled, in draft form, at a Finance Leaders' Summit hosted by His Royal Highness The Prince of Wales in July 2018, bringing together more than 60 Chairs, Chief Executive Officers and Chief Investment Officers from global financial institutions.
The report, also supported by Aon, was launched on Monday 24th September, and first referred to during the 'Financing the 2030 Agenda for Sustainable Development' session at the United Nations General Assembly (UNGA). The report explores opportunities by all across the investment chain to scale up actions taken to build a sustainable financial system capable of supporting achievement of the UN Sustainable Development Goals and putting us on a pathway towards achieving the Paris Agreement.
The recommendations include building a compelling evidence base and motivating people to act, developing consistent terminology, allocating funds to sustainable outcomes, adopting reporting standards, and pricing externalities. The report also identifies current actions already taken by actors across the financial system and the barriers to progressing further.
To read a copy of the Report click on the Download link.