November 18, 2021– The Investor Leadership Network (ILN) hosted its first Standard Setter Inclusion Roundtable today to discuss the introduction of measurement and engagement around inclusion to the investment industry.
ILN members and ILN partner Diversio invited leading standard setters to provide early feedback on ILN’s Inclusive Finance Initiative, which will release an Inclusion Playbook in March 2022. Complete with inclusion metrics and a sample due diligence questionnaire, the Playbook will help investors evaluate companies’ inclusivity and engage with those that need to improve their practices.
Roundtable participants expressed their support for the initiative, agreeing that inclusion is a material issue for investors. ILN confirmed that its Inclusive Finance Initiative is filling an industry need as no other organization is producing investor resources solely focused on inclusion.
Roundtable participants included senior leaders from United Nations Principles for Responsible Investment (UN PRI), Values Reporting Foundation (formerly SASB), Institutional Limited Partners Association (ILPA), Responsible Investment Association (RIA), Standards Board for Alternative Investments (SBAI), World Economic Forum International Business Council (WEF IBC) , World Benchmarking Alliance (WBA), and The 30% Club.
“By creating this open forum where we could all share our current progress, we were thrilled to have the opportunity to align with the major players in the social standard setting space,” says Amy Hepburn, CEO of the ILN Secretariat. “I was excited to hear that there is an eagerness from investors, regulators, and standard setters alike to push development and standardization of inclusion metrics forward, and I’m proud of our ILN members for leading this effort.”
Learn more about the Inclusive Finance Initiative.