The members of the Sustainable Banking Coalition (SBC) do not engage with industries that have a significant negative impact on environment and society. These include but are not limited to:

• Fossil-fuels
• Deforestation
• Intensive animal farming and overfishing
• Armament
• Pesticides
• Tobacco
• Gambling

Members of the SBC have robust and credible policies in place to ensure compliance with these criteria. The Sustainable Banking Coalition takes a firm stance against any activities that result in environmental harm or human rights violations, maintaining a zero-tolerance policy for unethical practices, such as corruption, bribery, and fraudulent activities. We believe that integrity and transparency are fundamental to building a sustainable and trustworthy banking sector.

The SBC has established a comprehensive set of inclusion criteria. Through these criteria, we aim to create a network of financial institutions dedicated to combating climate change and promoting social responsibility across the EU’s financial sector.

• Positive advocacy: The members of the Coalition are dedicated to only advocate for cases that have a positive impact on environment and society. We want to create a just and climate-friendly banking system in the EU by making the performance of sustainable frontrunners the norm for the banking industry. The Coalition believes in market-led sustainability and advocates for more ambitious environmental and social regulations and better enforcement of current regulations to make the performance of sustainable frontrunners the norm. This is done in close collaboration with like-minded progressive business and civil society organisations. Policy priorities are agreed upon during the Annual Summit (Summit). Once policy objectives are set during the Summit, all members endorse and uphold them.

• Climate action and social sustainability: The members of the Coalition demonstrate strong commitment to climate action and social sustainability. They prioritise financing for green and socially responsible project. Our members are committed to the Paris Agreement, the UN Principles for Responsible Banking or equivalent frameworks. Members drive a just, equitable, diverse, and inclusive (JEDI) banking system, ensuring financial services are accessible to all.

• Transparency and disclosure: The members of the Coalition are committed to publish comprehensive sustainability reports. This transparency provides stakeholders with clear information about environmental and social performance, essential for investors, regulators, and the public.

If you are interested in joining the Sustainable Banking Coalition, please reach out to info@sustainablebankingcoalition.eu.

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