SEB, as the only Nordic bank, and a group of 18 other international banks and asset managers have agreed on principles for providing financing with positive impact: Principles for Positive Impact Finance. The new framework was launched on Monday this week in connection with a meeting in Paris.
“The principles are important in the creation of a voluntary framework that will help the financial industry avoid negative and achieve positive impact. To provide sustainable funding is good for business,” says SEB's Environmental Manager Jonas Solehav . He represents SEB in the working group, which developed the principles.
The principles now presented are a framework to analyse, monitor and report on the social, environmental and economic consequences of financing. It is a piece of the group’s work to live up to the UN's sustainability goals, where SEB and the rest of the financial sector have an important role in channeling investment capital to sustainable development.