Swedish Investors for Sustainable Development
Swedish Investors for Sustainable Development (SISD) explores the role of investors in the Global Goals for Sustainable Development. It is a concrete example of Goal 17: Partnerships for the goals. Competitors work side by side with a development agency on both pressing development issues and investment opportunities.
Swedish Investors for Sustainable Development is a partnership comprising 18 institutional investors, pension companies, investment companies and the Swedish International Development Cooperation Agency (Sida). It was formed in 2016 with the mission to explore the role of investors, sustainability risks and opportunities related to the Global Goals for Sustainable Development.
SISD is a platform for learning, sharing experiences and starting voluntary projects. The partnership aims to promote engagement in corporate governance around the Global Goals and contribute to the international dialogue on the role of investors.
SISD can also inspire other countries and actors to work with investors and the private sector to achieve the Global Goals. The network is an example of how competitors can learn from each other to contribute to the goals.
The financial sector has a key role in sustainable development, as recognized in both the 2030 Agenda and the Addis Ababa Action Agenda. Financial actors influence development through direct asset allocations, corporate governance, voting at company annual general meetings and by requiring reporting and disclosure. This will in turn catalyze new preferred practices and developments.
The Global Goals bring corporate social responsibility (CSR) and sustainability to a new level where financial performance as well as making and measuring a positive impact is in focus.
Six working groups feed ideas, experiences and learning into the operational network.
Goal 5 – Gender equality
This group focuses on the potential that lies in empowering women, women’s labor market participation and women’s representation in leadership positions in investment companies.
Goal 6 – Clean water and sanitation
This working group explores investment opportunities in fresh water infrastructure. The group promotes engagement and corporate governance to stimulate better water management in the sectors food, beverage, garment and mining.
Goal 8 – Economic growth and decent work
This group has worked on indicators for decent work and economic growth in company reporting. It also addresses decent work in the green sector and in supply chains within the same sector. Some participants also have started to invest in microfinance.
Goal 11 – Sustainable cities
This group is exploring investment opportunities in connection to sustainable cities. It is also studying good governance when it comes to investing in green buildings and sustainable cities.
Goal 16 – Peace, justice and strong institutions, with a focus on anti-corruption
This group addresses anti-corruption from an investor perspective and how investors can stimulate better company performance.
Sustainable development – investment opportunities and obstacles
This group examines investment opportunities and obstacles within the context of the Global Goals. Through Sida, SISD is also part of UN Global Compact financial innovation platform.
Goal and purpose:
- Sida and SISD identify, invite and host interesting lecturers and inspirers to promote learning on issues clearly identified within the Global Goals.
- Working groups concentrate on Global Goals 5, 6, 8, 11 and 16, with a focus on anti-corruption.
- To work out and suggest indicators related primarily to the Global Goals mentioned above into the global process started by GRI and UN Global Compact.
- Discuss the relevance, opportunities and challenges of the Global Goals for investors in the international context.
- Stimulate other actors to take action on investments that support the Global Goals.
- Explore investment opportunities in line with the 2030 Agenda.
- Discuss prerequisites for work related to the 2030 Agenda.