Responsible Banking

Bancaribe Curaçao Bank Signs the UN Principles for Responsible Banking

Bancaribe Curaçao Bank has become an official signatory to the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through a collaboration between banks worldwide and the United Nations Environment Programme Finance Initiative (UNEP FI).

The Principles are the leading framework for ensuring that banks’ strategy and practice align with the vision society has set out for its future in the UN Sustainable Development Goals and the Paris Climate Agreement. Banks who have signed the Principles commit to be ambitious in their sustainability strategies, working to mainstream and embed sustainability into the heart of their business, while allowing them to remain at the cutting-edge of sustainable finance.

Under the Principles, signatory banks identify and measure the environmental and social impact resulting from their business activities, set and implement targets where they have the most significant impact, and regularly report publicly on their progress. The Principles provide a framework for banks to systematically understand the risks and seize the opportunities arising from the transition to more sustainable economies.

Signatories to the Principles take on a leadership role, demonstrating how banking products, services, and relationships can support and accelerate the changes necessary to achieve shared prosperity for both current and future generations, building a positive future for both people and planet. These banks, including Bancaribe Curaçao Bank, also join the world’s largest global banking community focused on sustainable finance, sharing best practices and working together to develop practical guidance and pioneering tools that benefit the entire industry.

This is a journey of unprecedented scale and scope at a time when such ambition is urgently needed to address the major planetary crises of climate change, nature loss, pollution, and social issues. Together, such efforts will ensure that profitability goes hand in hand with a sense of purpose.

Bancaribe Curaçao Bank reaffirms its commitment to sustainability by becoming a UNEP FI member and signing the Principles for Responsible Banking. This global network comprises over 350 financial institutions, representing about 50% of international banking assets, and is working to make the financial sector a force for social well-being and environmental protection.

Nelson David Dao, Chairman of the Board of Bancaribe Curaçao Bank, emphasizes: “Today, the financial sector’s commitment to society and the environment is both an ethical and a strategic priority. That is why we have joined the UN Principles for Responsible Banking to lead by example. Our purpose is clear: to promote sustainability awareness among our customers and partners through our business strategy.”

More information on the Principles for Responsible Banking: www.unepfi.org/responsiblebanking