Overview
A Legal Framework for Impact is a flagship project of the Generation Foundation, Principles for Responsible Investment (PRI) and the UN Environment Programme Finance Initiative (UNEP FI). The project aims to identify and overcome the barriers to a financial system that is consistent with the achievement of the SDGs and limiting warming to 1.5°C.
The project’s first output is a pioneering report authored by Freshfields Bruckhaus Deringer. It provides the first ever comprehensive analysis of how far the law requires or permits investors to take deliberate steps to tackle sustainability challenges in discharging their duties, described as investing for sustainability impact (“IFSI”).
Following the publication of the paper, the Generation Foundation will embark on phase two of the work in partnership with PRI and UNEP FI. Together, we will work to put the report’s findings into practice in five key jurisdictions – the UK, Europe, Australia, Canada and Japan.
Investing for Sustainability Impact: Guidance informed by the Legal Framework for Impact
Introducing a four-part framework for investors to implement 'investing for sustainability impact', drawing on the findings of 'A Legal Framework for Impact'.
The rationale of investing for sustainability impact
We explain how our joint project is clarifying the legal responsibilities of investors to consider the sustainability impact of their decision-making and provide examples from jurisdictions around the world.
Climate collapse – changing climate policy and investor duties to meet new realities
Partners of the Investor Agenda and the Legal Framework for Impact project shed light on the policy environment necessary to scale private climate finance.