DSGV supports the "Principles for Responsible Banking" of the United Nations
05.05.2020 - Press release Nr. 29
The German Savings Banks and Association (DSGV – Deutscher Sparkassen- und Giroverband) is a new supporter of the six Principles for Responsible Banking of the United Nations Environment Programme (UNEP). "By supporting the UN Principles for Repsonsible Banking, the German Savings Banks Finance Group is making its commitment to sustainable development more visible both nationally and internationally," said Helmut Schleweis, DSGV President, today in Berlin. By signing, the DSGV has committed itself to supporting the Principles for Responsible Banking and to promote them within its network. It includes the regional savings bank associations, Landesbanken and other companies of the Sparkassen-Finanzgruppe. The DSGV sees it as its task to support the member associations and institutions with advice and action on the path to sustainable development.
"This commitment is backed by broad support within the Sparkassen-Finanzgruppe. After all, the activities of the savings banks are based on a sustainable business model that has its roots in social sustainability and local government," emphasised Schleweis.
The DSGV is thus following the example of the World Savings Banks Institute and the European Savings Banks Association, which are already supporters of the UN Principles.
The UN Principles for Responsible Banking were developed by the Finance Initiative of the United Nations Development Programme (UNEP FI) in cooperation with 30 banks. The abbreviation UNEP stands for the United Nations Environment Programme. Its task is to identify global environmental problems and develop principles of environmental protection. The UN Principles for Responsible Banking serve as a framework for the banking industry worldwide to achieve the 17 global development goals of the United Nations and the goals of the Paris Climate Convention of 2015.