The UK Sustainable Investment and Finance Association (UKSIF) has today welcomed the focus on the themes of “social impact investing” and “tax, trade and transparency” of this year’s G8 summit, and urged attendees to use the event to make progress in breaking down barriers to long-term responsible investment.
As a member of the Corporate Sustainability Reporting Coalition (CSRC), UKSIF called for commitments by the leaders of the G8 to work towards ensuring better corporate sustainability reporting by all large companies in their countries.
Simon Howard, UKSIF Chief Executive, said: “Integrating long-term sustainability factors into companies’ business strategies could help increase the quality and flow of information which lets investors make the informed and long-term decisions vital for the global economy, environment and society."
Howard also welcomed the inclusion of social impact investing on the G8 agenda, expressing hopes that attendees at the summit would take the opportunity to set out clear plans for enabling this flourishing market to operate effectively on a global scale and boost the effectiveness of international aid and development.
He said: “We hope that G8 Leaders will return from the summit and strengthen their dialogue with the responsible investment community on how best to utilise key movements such as social impact investing to reshape capital markets for a more sustainable future.”
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