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Cambridge Institute for Sustainability Leadership

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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, formed in 2010 and convened by CISL alongside our investor and insurer groups.

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


Protect and Restore Nature

Our nature-related financial risks project, a joint venture with CISL’s Investment Leaders Group, is a collaboration between
banks, asset managers and University of Cambridge academics to identify and assess the financial risks of nature loss.

In January 2021, the ‘Soft Commodities’ Compact concluded with
the publication Banking Beyond Deforestation. This report shares lessons and includes a five-part action plan detailing how the banking industry can contribute to halting and reversing deforestation.

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. 


 

Decarbonise the Global Economy

Bank 2030: how banks can accelerate the transition to a low carbon economy charted a roadmap for the banking sector to develop a forward-looking and strategic approach.

Let’s Discuss Climate: The essential guide to bank-client engagement is a practical five-step guide for client-facing staff to enhance climate-related dialogue with corporate clients and accelerate climate action.

With a focus on the second phase in the guide, Leadership strategies for client engagement: Advancing climate-related assessments is designed to support the financial sector to improve the way they assess clients’ net zero plans.

Most recently, an online guide to financial support for SMEs looking to decarbonise was created for inclusion on the SME Climate Hub.


 

 

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 Ross

Senior Programme Manager

 

Grant Rudgley

Programme Manager

 

 

 
 

Mohsen Gul

Senior Project Manager

 

Eliot Whittington

Director, Centre for Sustainable Finance

 

 
 

Nina Seega

Research Director

 

Colette Bassford

Senior Project Manager

 

 
 

Emily Hamm

Project Co-ordinator

 

 

 

BEI member governance


Chair

Richard Kooloos, Director, Group Sustianability, ABN Amro

Vice-chair

Michael Sheren, Fellow of the Institute for Sustainability Leadership

 

Related CISL Fellows and Senior Associates


Andrea GangheriAndrea Gangher

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 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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