LBA endorses UN Principles for Responsible Banking
The Liechtenstein Bankers Association (LBA) today signed the United Nations Principles of Responsible Banking (PRBs), becoming a stakeholder endorser to join the 220+ banks and 60+ other stakeholders in support of this effort. The PRBs were developed and launched in September 2019 and facilitated by the United Nations Environment Programme Finance Initiative (UNEP FI). The PRBs set the global benchmark for defining a responsible bank. They are strategically aligned with the Paris Climate Agreement and the Sustainable Development Goals and designed to provide a framework for a sustainable banking system. By endorsing the PRBs, the LBA is demonstrating its clear commitment to a banking sector that aligns with the vision for society, people and planet described in the SDGs.