banks, and re/insurers. 2019 saw the launch of the UN-convened Net-Zero Asset Owner Alliance in partnership with the PRI; in April 2021 UNEP FI launched the Net-Zero Banking Alliance, and the Net-Zero Insurance Alliance was born in July 2021. The member-led alliances unite financial institutions who have committed to achieving net-zero GHG emissions in their portfolios by 2050, in line with the Paris Agreement; the members collaborate in working groups to jointly develop tools and guidance. UNEP FI and PRI For many years, UNEP FI’s membership comprised investors and asset managers who worked with UNEP FI on influential initiatives such as the Property Working Group, as well as publishing landmark reports including the “Freshfields Report” regarded as the first major step in mainstreaming responsible investment. To accelerate leadership in responsible investment and better serve the investment community and the financial industry at large, in 2021, UNEP FI and its sister organisation the Principles for Responsible Investment established a joint initiative, the Investment Leadership Programme (ILP), and merged UNEP FI’s investment membership with PRI's.The platform brings together small groups of leading responsible investors to work on initiatives that are considered to be leading best-practice. Investors continue to have to access to ILP leadership projects and initiatives through their membership of the PRI. Through this collaborative programme, leading investors continue to engage with UNEP FI’s network of banks and insurers and continue to work with others to catalyse change across the entire finance industry. To further mobilise the financial community to support a sustainable, resilient and inclusive economy and ensure that sustainability is considered at the highest level of corporations, in 2021, UNEP FI formed the Leadership Council. The body comprises CEOs and Chairpersons of banks and insurers currently represented on one of the three elected UNEP FI governance bodies; the Global Steering Committee, the board of the Principles for Responsible Banking or the board of the Principles for Sustainable Insurance. Chaired by the Executive Director of the UN Environment Programme, the UNEP FI Leadership Council meets annually to provide vision and strategic direction to UNEP FI in orienting its role and that of the UN, in shaping, mainstreaming and deepening sustainability integration across the industry. Mission Statement UNEP FI’s mission is to “help create a financial sector that serves people and planet while delivering positive impacts” and to “inspire, inform and enable financial institutions to improve people’s quality of life without