CIMB Group Holdings has become a member of the United Nation's (UN) Environment Programme Finance Initiative Principles for Responsible Banking (UNEP-FI), making it the only banking group in Asean to be a founding member of the sustainable initiative. The core UNEP-FI group, made up of 27 member banks, aims to help redefine the global banking industry's role and responsibilities in shaping a more sustainable future. As a member, CIMB will contribute towards the development of the principles, which will involve consultation with stakeholders such as civil society organisations, banking associations, regulators and UN bodies. The launch of the draft principles for global consultation is planned during the UNEP FI Global Roundtable 2018 to be held on Nov 26 in Paris, France.

Posted by

The Straits Times