Scotland to host inaugural Global Ethical Finance Forum
Hosted by the Scottish Government, the Global Ethical Finance Forum (GEFF) in September is being hailed as an historic initiative, in conjunction with the Islamic Finance Council UK (IFC UK) and Thomson Reuters. It aims to be a platform to connect the large, but fragmented, ethical / responsible finance and investment communities.
The event will mark the launch of the Responsible Finance Institute (RFI) which will act to engage the industry in a dialogue which will result in increased opportunities for convergence and collaboration.
Sarah Marten, ceo of the RFI, commented: “GEFF's objectives are to harness the collective strengths of the various forms of responsible finance and investing (inclusive of Islamic finance) that together comprise more than US$11 trillion dollars.”
She added that global sustainable development challenges such as climate change and poverty line cannot be addressed successfully without responsible finance that integrates ESG concerns into the financing and investment decision making of financial institutions.
Thomson Reuters has chosen the Forum for the exclusive launch of the Responsible Finance Report, produced in collaboration with the RFI.
The report will be the first to rigorously measure the size and geographic concentrations of the entire ethical finance and SRI industry, inclusive of the Islamic banking and finance industry, assess its commonalities and present opportunities for convergence in customers, processes and practices.
GEFF will take place in Edinburgh from 1-2 September 2015.