The Principles for Responsible Banking (the Principles) serve as a leading global framework for responsible banking, guiding member banks to align their strategies and practices with the SDGs and the Paris Agreement on climate change (the Paris Agreement). These six principles (alignment, target setting, clients and customers, stakeholders, governance and culture, transparency and accountability) infuse purpose and ambition into sustainable finance, shaping member banks’ operations, portfolios and engagements with clients and stakeholders. By embracing the Principles, member banks actively enhance positive impacts, reduce negative ones, and promote sustainability throughout their value chains. This report presents the progress of member banks mainly based on the data from member banks that have made it to the halfway mark of their four-year initial implementation period. It also includes examples of effective practices from member banks’ reporting.