Newcastle Building Society has signed up to the UN Principles for Responsible Banking, a global initiative to help create a more sustainable banking industry.
The Principles were developed by banks and building societies worldwide in partnership with the United Nations Environment Programme Finance Initiative (UNEP FI).
By signing up, we’re committing to take action for a more sustainable future, in line with the UN Sustainable Development Goals and the Paris Climate Agreement.
Andrew Haigh, our Chief Executive Officer
“We are proud to commit to the UNEP FI Principles for Responsible Banking, and by doing so, join the world’s largest global banking community focused on sustainable finance. In an ever-changing world we recognise our responsibility to build the long-term economic, social and environmental value for our communities."
He continues: “As a member-owned organisation, we’re committed to the people and places that make up our communities, and the things that matter to them. Being a signatory to the Principles and joining UNEP FI is an explicit commitment from us to being ambitious in our sustainability strategies and decision-making to create positive change for our communities. And as the Society continues to grow and innovate, it will help us seize opportunities arising from the transition to a more sustainable society.”
As part of this work, we’ll assess the environmental and social impact of our activities, set targets for improvement, and regularly report on our progress.
We’ll also share and understand best practice, working together with other members to create a more sustainable future for everyone.
Download the press release (PDF, 131kB).
