{"id":476571,"date":"2022-10-24T10:04:19","date_gmt":"2022-10-24T10:04:19","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=476571"},"modified":"2022-10-24T10:21:28","modified_gmt":"2022-10-24T10:21:28","slug":"oragroup-signs-the-un-principles-for-responsible-banking","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2022\/10\/24\/oragroup-signs-the-un-principles-for-responsible-banking\/","title":{"rendered":"Oragroup signs the UN Principles for Responsible  Banking  "},"content":{"rendered":"
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Oragroup has become an official Signatory of the UN\u00a0 Principles for Responsible Banking \u2013 a single framework for a sustainable banking\u00a0 industry developed through a partnership between banks worldwide and the United\u00a0 Nations Environment Programme Finance Initiative (UNEP FI).\u00a0\u00a0<\/p>\n\n\n\n

The Principles are the leading framework for ensuring that banks\u2019 strategy and practice  align with the vision society has set out for its future in the UN Sustainable  Development Goals and the Paris Climate Agreement. Banks who have signed the  Principles commit to be ambitious in their sustainability strategies, working to  mainstream and embed sustainability into the heart of their business, while allowing  them to remain at the cutting-edge of sustainable finance.  <\/p>\n\n\n\n

Under the Principles, signatory banks identify and 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 Principles provide a framework for banks to systematically understand the risks  and seize the opportunities arising from the transition to more sustainable economies. <\/p>\n\n\n\n

Signatories to the Principles take on a leadership role, demonstrating how banking\u00a0 products, services and relationships can support and accelerate the changes\u00a0 necessary to achieve shared prosperity for both current and future generations,\u00a0 building a positive future for both people and planet. These banks also join the world\u2019s\u00a0 largest global banking community focused on sustainable finance, sharing best\u00a0practice and working together on practical guidance and pioneering tools of benefit to\u00a0 the entire industry.\u00a0\u00a0<\/p>\n\n\n\n

This is a journey of unprecedented scale and scope at a time when such ambition is  urgently needed to address the major planetary crises of climate change, nature loss,  pollution and social issues. Together, these collective efforts will ensure that  profitability goes hand in hand with a sense of purpose. <\/p>\n\n\n\n

\u201cOragroup is very proud to be a signatory of this unique international network, allowing\u00a0 us to publicly show our commitment to responsible investment, a more sustainable\u00a0 financial and banking system that serve the society, contribute to the goals of a\u00a0 sustainable future, create and implement the best environmental and social practices\u00a0and standards, and become drivers of a cultural change that will make a long-term difference. Our group has always advocated for financial inclusion and highest ethical\u00a0 standards. Not being part of this initiative was not an option.\u201d says Oragroup CEO\u2019s\u00a0 Ferdinand NGON KEMOUM.\u00a0<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Oragroup has become an official Signatory of the UN\u00a0 Principles for Responsible Banking \u2013 a single framework for a sustainable banking\u00a0 industry developed through a partnership between banks worldwide and the United\u00a0 Nations Environment Programme Finance Initiative (UNEP FI).\u00a0\u00a0 The Principles are the leading framework for ensuring that banks\u2019 strategy and practice  align with the<\/p>\n","protected":false},"author":527180,"featured_media":476572,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[16158,11996],"tags":[799],"class_list":{"0":"post-476571","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-bank","8":"category-finance-en","9":"tag-oragroup","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"\nOragroup signs the UN Principles for Responsible  Banking   - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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