Aktia signs the UN Principles for Responsible Banking and joins the world’s largest banking community
June 08 2022 - 6:00AM
Aktia signs the UN Principles for Responsible Banking and joins the
world’s largest banking community
Aktia has become an official Signatory of the UN Principles for
Responsible Banking – a single framework for a sustainable banking
industry developed through a partnership between over 270 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 UN Sustainable
Development Goals and the Paris Climate Agreement. Under the
Principles, signatory banks 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 banks will also share their
best practices and work together to innovate useful guidance and
tools for the entire industry.
“We are excited to join such an esteemed group of signatories
within the United Nations Environment Programme Finance Initiative.
For years, sustainable thinking has been at the core of our
business. We are keen to learn new practices from our colleagues
across the world, as well as to share our own procedures related to
sustainable banking. As part of the world’s largest global banking
community, we are convinced that together we can make real impact,”
says Mikko Ayub, CEO of Aktia.
Environmental and climate issues have long been taken into
consideration in Aktia’s business operations, and the company
systematically develops its climate strategy, published in 2021.
Before UNEP FI, Aktia has joined the international Net Zero Asset
Managers initiative, which has become a standard in asset
management and offers concrete tools for Aktia’s ambitious
sustainability work. Among its other environmental initiatives,
Aktia has participated in the CDP non-disclosure campaign and the
CDP led Science Based Targets campaign in addition to annually
reporting information about climate change in the CDP portal. In
2021, Aktia became a public supporter of the TCFD (Task Force on
Climate-related Financial Disclosures) reporting recommendations in
addition to Aktia’s own TCFD reporting.
Signatories to the Principles take on a leadership role,
demonstrating how banking products, services and relationships can
support and accelerate the changes necessary. Aktia leads by
example, aiming for carbon neutrality in its investment portfolios
by 2050, the operating environment permitting. In lending, its goal
is to decrease carbon emissions and exposure. For Aktia Group’s own
activities, one of the key goals is to achieve net carbon
neutrality in the energy consumption of all rented premises by
2030.
More information on the Principles for Responsible Banking:
www.unepfi.org/responsiblebanking
Further information:Markus Lindqvist, Director,
Sustainability, tel. +358 10 247 6846
Aktia is a Finnish asset manager, bank and life insurer that has
been creating wealth and wellbeing from one generation to the next
for 200 years. We serve our customers in digital channels
everywhere and face-to-face in our offices in the Helsinki, Turku,
Tampere, Vaasa and Oulu regions. Our award-winning asset management
business sells investment funds internationally. We employ
approximately 900 people around Finland. Aktia's assets under
management (AuM) on 31 December 2021 amounted to EUR 15.5 billion,
and the balance sheet total was EUR 11.7 billion. Aktia's shares
are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.
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