SLI launches first impact fund

Standard Life Investments has launched its first fund which invests in global companies that aim to generate positive social and environmental impacts.

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The SLI Global Equity Impact Fund, which is co-managed by Sarah Norris and Dominic Byrne, aims to invest in companies which have a truly positive impact to benefit the environment, society and clients.

To achieve this SLI has used the universally accepted 17 United Nation’s Sustainable Development Goals (SDGs) as a framework to develop its own impact process and analysis.

All 17 SDGs are incorporated into the portfolio, while the UN’s associated targets will also inform the investment process.

According to the SLI the fund then invests in global companies whose activities, technologies or products are specifically to provide solutions in areas such as healthcare, education and poverty.

“Impact investing is not just about rewarding those already making a difference, but about shifting the might of the capital market to change the world for the better,” said Euan Stirling, global head of stewardship and ESG investment at Aberdeen Standard Investment.

“The world faces numerous challenges, from climate change and poverty, to inequality and pollution.

“As asset managers, we believe we can play a vital role in helping to address these issues.

“Through the Global Equity Impact Fund we aim to have a positive social and environmental impact, while still delivering an above-market financial return for our clients.”

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