Wake up daily to our latest coverage of business done better, directly in your inbox.
Get your weekly dose of analysis on rising corporate activism.
The best of solutions journalism in the sustainability space, published monthly.
Select Newsletter
By signing up you agree to our privacy policy. You can opt out anytime.
A group of 40 investors has produced a set of principles to help improve access to financial services among the world’s poorest people.
The Principles for Investors in Inclusive Finance, compiled by organizations such as APG, Calvert, Troidos Investment Management and the US pension fund TIAA-CREF, as well as the United Nations Principles for Responsible Investment (PRI), commit signatories to protecting the interests of low-income households and small businesses.
Signatories also pledge to support and invest in financial services institutions offering responsible microfinance, to promote the principles in the market and among peer networks, and ultimately to ‘create a culture where adherence to the principles is the norm’.
James Gifford, executive director of PRI, of which the new principles now form a part, said they were ‘an important first step to mainstreaming microfinance in a way that safeguards all stakeholder interests.’
TriplePundit has published articles from over 1000 contributors. If you'd like to be a guest author, please get in touch!
