Building South Africa’s responsible investment movement
11 May 2016
AfricaSRI has published a blog post titled Why South Africa needs a Responsible Investment civil society network. The piece argues that South Africa needs a network of civil society organisations that will work towards making capital markets more sustainable. ShareAction, a UK-based charity, provides a good model for this. AfricaSRI identifies a number of ways in a civil society organisation could build on initiatives such as the JSE SRI Index and the Code for Responsible Investing in South Africa (CRISA). These include:
- Supporting NGOs already working to improve corporate accountability by ensuring that key finding are brought to the attention of the relevant investor audience
- Boosting transparency of asset managers by undertaking independent benchmarking surveys
- Driving change in asset owners to establish responsible investment mandates
- Giving individual investors a voice through communication campaigns and training so that they are empowered to raise issues with institutional investors, fund managers and companies.
You can find the post here: www.africasri.co.za/blog
Sign up to receive occasional updates on industry news and regulatory developments.