There is no specific industry body for the ethical investing space but there are many organisations and initiatives which aim to encourage sustainability.
Note: from a regulatory perspective, all UK ethical investment managers fall under the Financial Conduct Authority regulations.
Launched in 2000, the United Nations Global Compact is a both a policy platform and a practical framework for companies that are committed to sustainability and responsible business practices.
As a leadership initiative, it seeks to align business operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption, and to catalyse actions in support of broader UN goals. With 7,000 corporate signatories in 135 countries, it is the world’s largest voluntary corporate sustainability initiative.
The six Principles for Responsible Investment are a voluntary and aspirational set of investment principles that offer a menu of possible actions for incorporating ESG issues into investment practice.
They have attracted a global signatory base representing a majority of the world’s professionally managed investments.
The United Nations Environment Programme Finance Initiative is a global partnership established between the United Nations Environment Program and the financial sector.
The frameworks UNEP FI has established or co-created include:
The Impact Investing Institute is an independent, non-profit organisation which aims to accelerate the growth and improve the effectiveness of the impact investing market. It will do this by raising awareness of, addressing barriers to and increasing confidence in investing with impact with its goal being to help achieve the UN SDGs.
They work in partnership with the Green Finance Institute, GSG, Impact Management Project and Pensions for Purpose.