Table 3 Categorization of key statements from the guidelines and determinants of sustainable banking
| Â | Commitment to sustainability and alignment of a sustainable business model | Promotion / prevention of environmentally friendly / environmentally harmful activities and measures. | Assumption of the caused risks from the effects of the activity | Cooperation with stakeholders in the sense of sustainable development | Accountability and transparency obligation to demonstrate sustainable activities | Governance commitment in terms of improving sustainable aspirations |
|---|---|---|---|---|---|---|
UNEP FI | ||||||
 Alignment: Aligning business strategies with the SDGs and the Paris Climate Agreement | x |  |  |  |  |  |
 Impact & Target Setting: continuous assessment of the impact of one’s activities on people and the environment. Publication of the greatest impacts of actions, including target alignment |  |  |  |  | x |  |
 Clients & Customers: working responsibly with clients and customers to promote sustainable practices and enable economic activities to create shared prosperity for current and future generations |  | x |  | x |  |  |
 Stakeholders: proactive and responsible consultation with stakeholders to achieve societal goals |  |  |  | x |  |  |
 Governance & Culture: implementing a commitment to the UNEP Principles through effective governance and a culture of responsible banking | x |  |  |  |  | x |
 Transparency & Accountability: regular review of individual and collective implementation of the principles, including public, transparent accountability for positive and negative impacts |  |  |  |  | x |  |
European Commission | ||||||
 Redirect capital flows towards sustainable investments to achieve sustainable, inclusive growth |  | x |  |  |  |  |
 Manage financial risks arising from climate change, resource scarcity, environmental degradation, and social problems |  |  | x |  |  |  |
 Promote transparency and long-termism in finance and business |  |  |  |  | x | x |
Colleveccio Declaration | ||||||
 Commitment to Sustainability: a commitment to sustainability and respect for environmental limits and social and economic equality is required | x |  |  |  |  |  |
 Commitment to Do No Harm: financial intermediaries commit to do no harm by financing or promoting environmentally and/or socially harmful activities |  | x |  |  |  |  |
 Commitment to Responsibility: financial intermediaries are accountable for the environmental and social impacts of their activities. In doing so, they bear a full share of the risks caused |  |  | x |  |  |  |
 Accountability Commitment: FIs are accountable to stakeholders. In addition, stakeholders have a weighted say in financial decisions that impact their environment and quality of life |  |  |  | x | x |  |
 Commitment to transparency: stakeholders can inform themselves through regular, standardized disclosures as well as more in-depth information |  |  |  |  | x |  |
 Commitment to sustainable markets and governance: FIs should support policy and regulatory market mechanisms that promote sustainable development |  |  |  |  |  | x |
GABV | ||||||
 Principle 1: Social and environmental impact and sustainability are central to the business model | x |  |  |  |  |  |
 Principle 2: Anchoring in communities, supporting the real economy, and enabling new business models that meet the needs of both |  | x |  |  |  |  |
 Principle 3: Long-term relationships with customers and a direct understanding of their economic activities and associated risks |  | x |  | x |  |  |
 Principle 4: Long-term, self-sustaining, and resilient to external disruption | x |  |  |  |  |  |
 Principle 5: Transparent and inclusive governance |  |  |  |  | x |  |
 Principle 6: Anchoring in the bank’s culture | x |  |  |  |  |  |