Chair: Judson Berkey, Managing Director and Group Head of Sustainability Regulatory Strategy, UBS
Bringing together over 200 members representing banks, investors, insurers, professional service firms and multilateral financial institutions, the IIF SFWG seeks to build consensus and advance industry perspectives on the dynamic global sustainable finance agenda, including through regulatory and policy engagement, strategic projects, analytical research and development of tools and resources. By providing an international forum for public/private sector dialogue and collaboration, the SFWG supports the design and implementation of effective climate and sustainability-related financial sector policy and regulatory frameworks (including on topics such as disclosure, taxonomies, prudential supervision, and financial stability assessment). A key SFWG objective is to promote capital market solutions that support product innovation and the scaling up of sustainable finance (including by engaging on barriers to and catalysts for the broader mobilization of private finance). The SFWG coordinates with other IIF Working Groups, notably in the Regulatory Affairs Department, to respond to sustainable finance-related global policy and regulatory developments. The SFWG engages regularly with official sector entities including: the global standard setting bodies like the Basel Committee on Banking Supervision (BCBS), the International Organisation of Securities Commissions (IOSCO) and the International Association of Insurance Supervisors (IAIS); the G20/B20; the Network for Greening the Financial System (NGFS); the IMF, World Bank/IFC and other multilaterals; and the OECD and other international organizations including the United Nations Environmental Programme (UNEP), as well as national authorities to support international collaboration and reduce fragmentation.