The City of London Green Finance Initiative and the Green Finance Committee of China Society for Finance and Banking have jointly taken the lead to develop the Green Investment Principles (GIP).
The governance structure guideline published by the Secretariat aim to provide banks and other financial institutions with a high-level overview of the expectations of GIP signatories.
Each year, the Secretariat for GIP will publish its annual report, evaluating implementation by signatories and setting a baseline for future reporting. The inaugural annual report for GIP was released in September 2020. The report gave particular emphasis to climate and environment-related governance and strategy, assessment and management of sustainability risks, greening of investment portfolios, and consistent approach to disclosures, noting that further efforts are needed to address challenges such as varying levels of implementation capacity.
For latest list of GIP signatories other details, kindly visit https://gipbr.net