Global investment manager Schroders announced today that it has joined the Global Impact Investing Network (GIIN), the “global champion” of impact investing, dedicated to increasing its scale and effectiveness around the world.
With 350 members globally, GIIN focuses on reducing barriers to impact investment so more investors can allocate capital to fund solutions to the world’s most intractable challenges. According to GIIN, membership is primarily designed to support investors and the growth of their impact investment practices, with members gaining access to industry information, tools, and resources to enhance their capacity to make and manage impact investments and to connect with one another.
Schroders’ Group Chief Executive, Peter Harrison said:
“Our clients increasingly recognise the tightening relationship between Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. More impacts and financial returns and becoming a member of GIIN will support our journey towards being a global leader in this space.”
Schroders’ new membership in GIIN follows the announcement by the investment manager in January of the completion of its process to integrate Environmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More factors into the decision-making across all investments that the firm manages. At the time, the company stated that having fully integrated Environmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More into the financial analysis of its clients’ investments, it would next look to understand the impact of its investments and the risks they face as a result.
“We’ve always been a purpose-driven organisation and our focus on impact investment aims to deliver strong financial returns, through our emphasis on the impact of our investments on people and the planet.”