IFSWF marks rise of protectionism
As the International Forum of Sovereign Wealth Funds’ Santiago Principles turn 10, the executive director of the State Oil Fund of Azerbaijan says threats to the free flow of capital loom.
As the International Forum of Sovereign Wealth Funds’ Santiago Principles turn 10, the executive director of the State Oil Fund of Azerbaijan says threats to the free flow of capital loom.
At the recent #actionsnotwords event in London, executives told of addressing philosophical blindspots, setting up flexible work hours, adding more drivers for recruitment and more.
A decade ago, the Santiago Principles were established, to shape governance of state-owned investors. Voluntary participation and flexibility have been the secret to the guidelines’ longevity.
Infrastructure, capital markets and China A-shares all present accessible opportunities for responsible investment, if asset owners can navigate a catch or two along the way.
As governments welcome pension fund investment in infrastructure, the asset class facilitates the practical integration of the SDGs and ESG, Cbus Super CIO Kristian Fok told delegates.
Initiatives such as the Sustainability Accounting Standards Board are vital for providing the consistent, regular, high-quality disclosure on the SDGs that investors need, a panel told delegates.