Global Sustainable Investment Review 2022 launched
UKSIF has welcomed the launch of the Global Sustainable Investment Alliance’s 2022 Global Sustainable Investment Review, which has found $30.3 trillion is invested globally in sustainable investing assets.
The report also showcases a maturing of the industry, which includes the adoption of tighter definitions of when a fund can be described as ‘sustainable’.
GSIA Chair and UKSIF Chief Executive, James Alexander, said:
“The global sustainable finance industry is continuing to mature, with the introduction of clearer disclosure and labelling regimes – such as the EU’s SFDR, the UK’s SDR, and the SEC’s proposed Climate Disclosure Rule – helping drive forward our collective understanding of sustainable investment approaches and providing clarity over how sustainable investments are defined.
“But much more can be done to accelerate the transition to a sustainable future. That is why, for the first time, GSIA has made a series of policy recommendations in the GSIR – covering measures to increase investment opportunities in the net-zero transition, the need for closer global alignment on sustainable finance regulations, enhanced data sharing, and a sharper focus on disclosure of nature and biodiversity risks and opportunities.
“With the right actions and support from policymakers around the world, the global finance industry can play a prominent role in helping bring about positive change in the years to come.”
The GSIR 2022 report, which is sponsored by HSBC Global Research, can be downloaded from the GSIA website using this link.