Implement

This document sets the SVI Standard to apply Principle 8: Be Responsive. The essence of this Principle is to take action; to make decisions about social value in response to data and measurement.

Use this resource to:

• Implement: Create a structured ‘impact management approach’ that can guide decision making at strategic, tactical, and operational levels to optimise impacts on wellbeing for all materially affected stakeholder groups. This means implementing activities that are designed to maximise the extent and rate of positive changes in wellbeing, whilst also identifying and eliminating activities that result in negative changes in wellbeing as fast as possible.

The ‘ABC’ of impact provides a way to connect these high-level intentions – which are what most enterprises and investors start with – to the more granular dimensions of impact and data categories, which help to measure and manage impact.

Use this resource to:

• Connect high-level intentions – which are what most enterprises and investors start with – to the more granular dimensions of impact and data categories, which help to measure and manage impact.

The UN Guiding Principles on Business and Human Rights are a set of guidelines for states and companies to prevent, address and remedy human rights abuses committed in business operations.

Use this resource for the following Actions of Impact Management:

• Strategy: Commit to preserving human rights, observing the states’ duty to protect human rights and corporations’ responsability to respect human rights.
• Governance: Embed human rights considerations into decision-making policies and processes.
• Implement: Set up human rights due diligence.

This guide is the first of its kind globally for managing ESG risks in risk assessment and insurance underwriting. It has an initial focus on non-life insurance business, also known as property and casualty insurance business.

Use this resource for the following Actions of Impact Management:

• Identify: Understand the materiality of ESG risks to various lines of business and economic sectors, including characteristics that might affect the ability to assess and mitigate such risks.
• Implement: Address the growing concerns by stakeholders across society (e.g. NGOs, investors, governments).

This paper outlines what voting principles are, why they are needed, how voting principles can align with Active Ownership 2.0 (the PRI’s framework for more effective stewardship). It also explains how voting principles can be developed and applied to govern shareholder resolutions.

Use this resource for the following Actions of Impact Management:

• Implement: Develop and apply high-level principles to govern voting on shareholder resolutions.

This paper sets out how investors wanting to pursue sustainability outcomes may need to adjust how they make a divestment decision or formulate an overall approach to divestment.

Use this resource to:

• Implement: Understand how to make a divestment decision or to formulate an overall approach to divestment in order to pursue sustainability outcomes.

This discussion paper details the current approaches that infrastructure investors are adopting to consider the Sustainable Development Goals as part of their investment approaches.

Use this resource to:

• Identify: Identify outcomes caused by, contributed to and linked to their infrastructure investors, in relation to the SDGs.
• Implement: Understand the methods by which infrastructure investors can achieve desired SDG outcomes. Ensure that outcomes in line with the SDGs are integrated into infrastructure investment processes.

Active Ownership 2.0 is a framework for the more ambitious stewardship needed to deliver against beneficiaries’ interests and improve the sustainability and resilience of the financial system.

Use this resource for the following Actions of Impact Management:

• Implement: Shape sustainability outcomes by engaging in more effective and assertive stewardship activities.

The Due Diligence for Responsible Corporate Lending and Securities Underwriting provides a common global framework for financial institutions to identify, respond to and publicly communicate on environmental and social risks associated with their clients. Its aim is to advance human rights and positive outcomes for people through investor stewardship.

Use this resource for the following Actions of Impact Management:

• Implement: Cease, prevent or mitigate negative impacts, and provide for or cooperate in remediation where appropriate.