Advisory group calls on companies to “embed positive social impact in business as usual”, which would increase the number of “investable” companies for social impact investors to target.
SDG projections: Sustainable Development Goals on the UN headquarters.
The UK’s corporate governance watchdog should explore ways to increase transparency in corporate reporting of company contributions towards the UN’s Sustainable Development Goals (SDGs), according to recommendations from an independent advisory group.
The group’s report, Growing a culture of Social Impact Investing in the UK, details a number of recommendations—among them a call for companies to reveal how they perform against the SDGs.
The report resulted from a perceived lack of progress in enabling individuals to make social impact investments.
It said: “Having looked into the reasons why the UK is not fulfilling its pot
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Fund manager State Street claims its new scoring system, dubbed "R-Factor", will help ESG information "become an integral part of the financial system" by meeting the needs of both investors and companies for a transparent scoring methodology.