The Principles for Responsible Banking (PRB) is asking for feedback on prospective members of its pioneering Civil Society Advisory Group, with 45 bodies – including well known organisations such as SASB, Ceres, 2° Investing Initiative (2DII), CDP and Shareaction – vying to be part of the 12-strong advisory body.
The creation of the group was announced by the UN-backed body in the summer as part of wider governance changes, including the introduction of a delisting mechanism member banks.
Simone Dettling, Banking Team Lead at the UN Environment Finance Initiative, told RI at the time that one of the main roles of the civil society body was to monitor and provide “an independent view” on the collective progress of signatories, including contributing an assessment as part of a biennial Collective Progress Report.
A notable omission among the organisations, however, is Dutch campaign group Bank Track. Its Director Johan Frijns told RI that it…