The principles are currently in public consultation and are expected to be officially launched at the UN General Assembly in September 2019 in New York.
Danske Bank’s Societal Impact & Sustainability Strategy
Our Societal Impact & Sustainability Strategy aligns well with the Principles of Responsible Banking, and the focus will thus be to ensure strong execution, especially in relation to sustainable finance.
“During the past few years, we have increased our focus on how to use our financing capabilities to drive societal changes,” says Jeanette Fangel Løgstrup, Head of Societal Impact and Sustainability at Danske Bank. “We are strengthening ESG integration into our investment and lending activities, focusing on sectors with severe climate and human rights impacts. We are also working on new solutions such as green loans and green bonds to help our customers’ transition to a greener economy.” She continues:
“However, there is much more to do in order to fully understand our positive and negative impacts. Over the coming years, we will keep analysing and assessing our impacts and work to step up our efforts. The ultimate goal is to ensure that we keep societal impact and sustainability naturally embedded in everything we do, and the principles provide an excellent framework for our work.”