Fair Finance Pakistan (FFP) is a member of Fair Finance Asia and Fair Finance International, and seeks to strengthen the commitment of financial institutions (FIs) in Pakistan to social, environmental, and human rights standards. FFP urges these FIs to respect and enhance the social and environmental well-being of local communities and to integrate Environmental, Social, and Governance (ESG) criteria in their business operations. FFP works to repurpose the role of finance in society to drive a low-carbon, resilient and sustainable economy. A national proponent for responsible investment, FFP is committed to bring innovative lines of work to promote sustainable development in the financial industry including one in particular: the Principles for Responsible Banking. These principles draw on the Sustainable Development Goals (SGDs) and the Paris Agreement, and also build on the ideas of commitment, impact, stakeholders, governance and goal-setting, transparency, and accountability. These principles don’t echo the single voice of the industry, but are something that recognizes plurality. FFP enables consumers and policy holders to insist that FIs become more socially responsible, fair, and sustainable by benchmarking investment policies in critical areas such as human rights and climate impact using the Fair Finance Guide International (FFGI) Methodology. FFP leverages global knowledge on sustainable finance and provide inputs to State Bank of Pakistan’s framework on environmental and social risk management to align with international standards and integrate sustainable finance principles for societal good.
Active since 2021, FFP is supported by its national coalition comprising 17 members, including think tanks, business chambers, consumer protection groups, and environmental organisations, bringing promising stewardship to strengthen FFP's work with the financial sector. These include Indus Consortium, WWF-PAKISTAN, IUCN-Pakistan, The Network for Consumer Protection, The Truth International, Centre for Peace and Development Initiatives, HomeNet, Pakistan Institute for Parliamentarian Services (PIPS) (https://www.pips.gov.pk/ ), Rawalpindi Chamber of Commerce & Industries (RCCI), Community Development Outreach, Chanan Development Association, Help Foundation, Doaba Foundation, Laar Humanitarian and Development Programme, Society for Protection of Rights of Children, Blue Veins, and Institute of Rural Management.