Posted: 18 Jul 2022 Resource Type: Research Report Download Back How can the industry help address key challenges around scaling finance for social impact? The Finance for Impact: Industry-led recommendations to advance finance for social impact report places greater emphasis on the social element of finance for impact. Given that the “E” has to date received much greater attention, the aim is to elevate the “S” alongside the “E” in ESG across Financial Services. This report, developed by KPMG – based on consultation with financial services firms - outlines an industry-led and industry-focused framework and set of recommendations focused on scaling the deployment of finance to deliver positive and measurable outcomes for both the environment and society. The recommendations of the Finance for Impact report include: Build on financial institutions' progress on environmental issues to address social impact. Develop skills and training. Set a clear strategy. Leverage the financial sector’s influence on the global economy to catalyse change. Use impact data and metrics. Be transparent on positive as well as negative impact. Improve frameworks for better impact disclosure. Support policy reform and regulatory intervention. Collaborate and engage with stakeholders and seek out partnerships. Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Case Study Findlay Park | vertical: asset management Apr 2024 - We spoke to Simon Pryke, CEO of Findlay Park, about the growing appeal of boutique investment managers and why London remains a pre-eminent asset management centre for global investors. Findlay Park | vertical: asset management Thought Piece Why should the UK be your first choice for fintech business growth? Apr 2024 - The UK is a global leader in financial technology and innovative solutions. International fintechs wanting to locate or invest here stand to benefit from a one of kind ecosystem for innovation to catalyse their business growth. Why should the UK be your first choice for fintech business growth? Research Report RegTech Test Apr 2024 - This report calls for the Prudential Regulation Authority and Financial Conduct Authority to introduce a ‘RegTech Test’ to help assess how technology can best enable regulatory compliance. RegTech Test News UK-Saudi Sustainable Infrastructure Summit 2024 Mar 2024 - The City of London Corporation in collaboration with The Saudi British Joint Business Council are delighted to announce the UK-Saudi Arabia Sustainable Infrastructure Summit. UK-Saudi Sustainable Infrastructure Summit 2024