Swedish Investors for Sustainable Development, SISD

#SDGAction42640

Description

Intro

Asset managers and pension funds are critical for sustainable development. Managing assets of future retirees and saver the pension funds and asset managers have a huge possibility to influence and invest yet untapped on a global arena.<br />
This partnership is discovering the "investors'" role on the SDGs. Working with learning, sharing experiences, communication and projects. This has resulted in new SDG-products, new SDG-investment mandates and new engagement and reporting in line with the SDGs.

Objective of the practice

Catalyzing new finance and action from pension funds, asset managers and investment companies in line with the SDGs.

Partners

AMF, Alecta, AP2, AP3, AP4, AP7, Carl Bennet AB, Church of Sweden, East Capital, Folksam, Handelsbanken Fonder, Industrivärden, Investor, SEB Life and Investment, Skandia, SPP/Storebrand, Swedbank Robur, Swedfund and Sida Swedish International Development Cooperation Agency

Implementation of the Project/Activity

A joint commitment among members to take in the dimension of the SDGs when investing.
Steering group of CEOs and Sida's Director General. Working network and working groups around certain SDGs: 5, 6, 8, 11, 16 with focus on anti-corruption and "investment opportunities and obstacles when investing in line with the SDGs."

Results/Outputs/Impacts

New investment mandates in line with the SDGs.
New SDG-products being launched.
New action in terms of corporate governance in line with the SDGs.
Working around reporting on the SDGs.
A joint commitment from actors to take in the SDGs when investing.

Enabling factors and constraints

Sida as a convening partner.
Making a connection to the UN system - Global Compact for ex and GRI.

Sustainability and replicability

All members are signatories of Global Compact. Most members are signatories of PRI.

Conclusions

Gathering around a "joint commitment" to take in the dimension of the SDGs when investing, when becoming a members.<br />
Working in working groups centered around certain SDGs.

Other sources of information

https://www.sida.se/English/how-we-work/approaches-and-methods/funding/…

SDGS & Targets

Goal 8

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Goal 6

Ensure availability and sustainable management of water and sanitation for all

Goal 11

Make cities and human settlements inclusive, safe, resilient and sustainable

Goal 5

Achieve gender equality and empower all women and girls

Goal 16

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels