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Banking Environment Initiative

The Banking Environment Initiative (BEI) is a group of global banks committed to pioneering actionable pathways towards a sustainable economy. The BEI co-produces horizon scanning applied research, develops leadership tools and convenes academic and industry collaborations. It is a member-led, not-for-profit group convened by CISL and initiated in 2010 with the support of The Prince of Wales.

Decisions and positions of the group do not represent the policies or positions of CISL or of the wider University of Cambridge.

 

BEI objectives and outcomes


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Our projects...

Are leading edge and innovation focused

Connect to change in the real economy

Leverage a unique pre-competitive environment

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Helping to...

Decarbonise the global economy

Protect and restore nature

Support inclusive and resilient societies

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By ensuring that...

Capital acts for the long term

Capital is priced according to the true cost of business activities

Financial structures better serve sustainable business

 

 

 

 

 

 

 

 

 

The BEI activities drive impact through:


  • The University of Cambridge’s research and academic excellence
  • Capacity building and knowledge generation
  • Tools and services to enhance best practice
  • Two-way dialogue and network engagement with CISL’s sustainable finance, corporate and policy communities

 

The BEI has a track record of leading on emerging themes including:


BEI circular diagram

Areas of focus


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Protect and Restore Nature 

The Soft Commodities Compact is a unique client-led initiative that aims to mobilise the banking industry to contribute to transforming soft commodity supply chains and help clients achieve zero net deforestation.

Ongoing work includes research by the Banking Environment Initiative and the Investment Leaders Group into Financial Risks of Biodiversity Loss and Land Degradation

The Fintech Taskforce published a series of recommendations on the fundamental design questions related to how multinational companies, financial institutions and entrepreneurs should work together to harness fintech to help solve sustainability challenges in the real world. Trado, a technology pilot exploring data for benefits in supply chains, put the Taskforce recommendations into practice. 

About the BEI

Decarbonise the Global Economy

Bank 2030 looked at the role that banks can play to accelerate the transition to a low carbon economy. A roadmap was created for the banking sector to demonstrate how the sector need to develop a forward-looking and strategic approach to their product offer and customer service model. It provides opportunities for chief executives and professionals to support the transition to a low carbon economy. 

Ongoing work includes the development of a tool focused on Client Engagement: Reshaping the bank-client relationship to accelerate the transition to a net zero economy.

Previous publications include Banking and Sustainability: Time for Convergence in collaboration with UNEP FI. 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Meet the team


The BEI sits within the Centre for Sustainable Finance.  The Centre leads research and fosters greater co-operation across the financial sector.  Through a unique combination of deep industry collaboration, high-calibre research, and exceptional education programmes, the Centre for Sustainable Finance helps financial institutions to play a leading role in building a more sustainable economy.

Within the Centre are three membership platforms, which cover investment – the Investment Leaders Group (ILG) and insurance – ClimateWise – and banking – the Banking Environment Initiative (BEI)

 

Annabel RossAnnabel Ross

Senior Programme Manager

Jasminka EnderleJasminka Enderle   

Project Manager         

Grant RudgleyGrant Rudgley

Project Manager


 

 

 

 

 

 

  

BEI member governance


Chair

Simon Connell, Head of Sustainability Strategy, Standard Chartered

Vice-chair

Dr. Paul Fisher, previously Bank of England economist and researcher, CISL Fellow

 

Related CISL Fellows and Senior Associates


Andrea GangheriAndrea Gangheri 

Strategic consulting, expertise in sustainability, social impact and circular economy across retail and corporate banks, SMEs and international organizations. 

Jeremy WilsonJeremy Wilson

Non-executive Chair, Advisor and consultant roles for enterprises in the financial services, technology and environmental sustainability sectors. Previously Vice Chairman, Corporate Banking at Barclays Bank, and former Chair of the BEI.  

Mark LewisMark Lewis 

Global Head of Sustainability Research at BNP Paribas Asset Management, member of Financial Stability Board’s Task Force on Climate-related Financial Disclosures, previously Carbon Tracker Initiative.

Pablo SalasDr Pablo Salas 

Prince of Wales Global Sustainability Fellow in Radical Innovation and Disruption, including FRANTIC: Financial Risk and the Impact of Climate Change Policy.

Thomas VerhagenThomas Verhagen

Financial Innovation for Sustainability, former senior programme manager of BEI and ABN AMRO Innovation Centre Lead. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

What our members say about the BEI


"What we get from BEI membership is unlike any of our other platforms – a combination of Cambridge’s renowned research and analysis, and the opportunity to work with sustainability leaders across sectors to drive shared action from this analysis."

Simon Connell (BEI Chair), Head of Sustainability Strategy, Standard Chartered

 

"Membership of BEI is helping HSBC to be involved with thought leadership in its industry, supported by the world-leading excellence of Cambridge University and its Institute for Sustainability Leadership"

Ed Wells, Head of Group Policy, Sustainable Finance and Investment, HSBC

 

 

Explore our research through the links in the sidebar for more about the Centre for Sustainable Finance.

To find out more about BEI collaborations please contact .

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