2022
Standard on applying Social Value Principle 8: Be Responsive
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.
Discussing divestment: Developing an approach when pursuing sustainability outcomes in listed equities
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.
PRB Target Setting Guidance
The Principles for Responsible Banking (PRB) provide target-setting guidance on topics such as Resource Efficiency & Circular Economy, Biodiversity, Financial Health & Inclusion, Climate and Gender Equality.
Use this resource for the following Actions of Impact Management:
- Set targets and plan: Set targets in line with the requirements of the UN Principles for Responsible Banking.
Target Setting Protocol: Second Edition
The Protocol sets out the UN-convened Net-Zero Asset Owner Alliance Alliance’s approach to target setting and reporting. The first edition of this Protocol focused on the period 2020–2025. This second edition also outlines the ambition towards 2030.
Use this resource to:
- Set targets and plan: Set science-based targets on financed emissions using short-term targets for a 1.5 degree Celsius aligned, net-zero world by 2050.
Advance: PRI stewardship initiative for human rights and social issues
The overall objective of the Initiative is to advance human rights and positive outcomes for people through investor stewardship. The Initiative will primarily seek change through investors’ use of influence with portfolio companies. The following three expectations will be set for engagement focus companies:
- Fully implement the UNGPs –the guardrail of corporate conduct on human rights
- Align their political engagement with their responsibility to respect human rights
- Deepen progress on the most severe human rights issues in their operations and across their value
Use this resource to:
- Identify: Select the companies and sectors that investors can engage with, in support of the Initiative’s overall objectives. This includes identifying the sectors and companies where human rights and impacts are most severe.
- Implement: Determine where investors within the Initiative can influence (through stewardship) sectors and companies, to advance respect for human rights.