AccountAbility Advisory Board Member Appointed Expert Adviser to G7 Impact Investment Steering Committee

Robert Herz will serve as an Expert Adviser and member of Working Group A to the G7 Global Steering Group for Impact Investment (GSG), aimed at improving the transparency around ESG reporting and accelerating the mobilization of private capital to address global sustainability challenges.

‍

Press release from the Global Steering Group for Impact Investment (GSG), LONDON, UK:

The Impact Taskforce, established under the UK’s 2021 presidency of the G7, is pleased to announce the group’s members.

The new Taskforce is composed of global leaders from the world of business, public policy, and the social sector, including senior figures from BlackRock, Temasek, Schroders, Mahindra Group, Morgan Stanley, S&P Global, BASF, the World Bank, the International Monetary Fund and the European Commission.

The Impact Taskforce was created in July under the UK’s G7 2021 presidency and is being coordinated by the Global Steering Group for Impact Investment (GSG) working with its UK member, the Impact Investing Institute.

The Impact Taskforce will focus on fostering and facilitating discussions and recommendations for G7 governments and industry around impact transparency, integrity, and trust. The Impact Taskforce will also investigate ways to create financing vehicles that can deliver investments for the benefit of people worldwide and the planet. You can read more about the Impact Taskforce and its role in our press release.

Commenting on the appointments,

Nick Hurd, Chair of the Impact Taskforce, said:

“We have been asked by the G7 Presidency to give advice on how we can mobilise private capital for public good at scale and with integrity. This is a critical question given the level of investment needed to achieve the Sustainable Development Goals and other commitments. I am delighted by the diversity of perspective that we have assembled. It is already clear that our members are very engaged with the important task.“

Please see below for the full list of the Impact Taskforce participants:

Impact Taskforce Chair: Rt Hon Nick Hurd, Chair, Access Foundation

Working Group A – Impact Transparency, Integrity and Reporting

Chair: Douglas L. Peterson, President & CEO, S&P Global

Working Group B: Instruments and Policies to Scale Impact Investment

Chair: Dame Elizabeth Corley, Chair, Impact Investing Institute

Steering Committee

Secretariat: The Global Steering Group for Impact Investment (GSG)

Steering Committee Expert Advisers

• Cilia Holmes Indahl, Head, EQT Foundation
• Clara Barby, Chief Executive, Impact Management Project (IMP)
• Dolika Banda, Non-executive Director, Harith Infrastructure Investment & Global Ambassador, GSG
• Robert Herz, President, Robert H. Herz LLC
• Sir Ronald Cohen, Chair, The Global Steering Group for Impact Investment (GSG)

Steering Committee Members

• Akira Sugano, President & Chief Executive Officer, Asset Management One
• Anand Mahindra, Chairman, Mahindra Group
• Andrew Kuper, Founder & CEO, Leapfrog Investments
• Cherie Nursalim, Vice Chairman, GITI Group
• Cliff Prior, CEO, The Global Steering Group for Impact Investment (GSG)
• Elias Masilela, Executive Chairman, DNA Economics
• Emmanuel Faber, Former CEO, Danone
• Francesco Starace, CEO & General Manager, Enel
• Ibukun Awosika, Founder & CEO, The Chair Centre Group
• Katherine Stodulka, Director, Blended Finance Taskforce, SYSTEMIQ
• Laurie Spengler, Founder & CEO, Courageous Capital Advisors, LLC and Board Member & Lead Expert, Impact Investing Institute
• Maria Emilia Correa, Co-Founder, Sistema B
• Michael Traill, Executive Director, For Purpose Investment Partners
• Michele Giddens, Partner & Co-Founder, Bridges Fund Management
• Monique Leroux, Senior Advisor, Fiera Capital Corporation
• Myung-soo Kang, Chairman, Korean Standards Association
• Roger Ferguson, Former President & CEO, TIAA
• Sandra Boss, Global Head of Investment Stewardship, Blackrock
• Saori Dubourg, Member of the Board of Executive Directors, BASF SE

Steering Committee Observers

• Alexandre Meira da Rosa, Chief Strategy Officer, IDB Invest
• Fabio Natalucci, Deputy Director, Monetary and Capital Markets Department, IMF
• Jingdong Hua, Vice President and Treasurer, The World Bank
• Nick O’Donohoe, CEO, CDC Group
• Odile Renaud-Basso, President, European Bank for Reconstruction and Development
• Rachel Turner, Director of Economic Development, UK’s Foreign, Commonwealth and Development Office (FCDO)
• Romina Boarini, Director, OECD Centre for Well-Being, Inclusion, Sustainability and Equal Opportunity (WISE)
• Solomon Quaynor, Vice President for Private Sector, Infrastructure and Industrialization, African Development Bank
• Usha Rao Monari, Under Secretary-General & Associate Administrator, United Nations Development Programme

Members of Working Group A: “Impact Transparency, Integrity and Reporting”

Chair: Douglas L. Peterson, President & CEO, S&P Global

Secretariat: The Global Steering Group for Impact Investment (GSG)

Members

• Adam Lyons, Head of Green Finance Unit, UK’s HM Treasury
• Alexander Bassen, Member, German Council for Sustainable Development; Head, Centre for a Sustainable University, University of Hamburg
• Amit Bouri, CEO, Global Impact Investing Network (GIIN)
• Arunma Oteh, Academic Scholar, University of Oxford
• Bertrand Badré, CEO & Founder, Blue like an Orange Sustainable Capital
• Clara Barby, Chief Executive, Impact Management Project (IMP)
• Cliff Prior, CEO, The Global Steering Group for Impact Investment (GSG)
• Conor Kehoe, Chair, IIRC Council
• David Blood, Founding Partner & Senior Partner, Generation Investment Management
• Dean Alborough, Head of ESG, Old Mutual Alternative Investments
• Fabienne Michaux, Director, SDG-Impact, UNDP
• Frédéric Samama, Head of Responsible Investment, Amundi
• George Serafeim, Faculty Chair, Impact Weighted Accounts Initiative, Harvard Business School
• Ida Levine, Principal, Two Rivers Associates Limited
• Isela Constantini, CEO, GST Financial Group
• John Denton, Secretary General, ICC
• Karen Karniol-Tambour, Co-Chief Investment Officer for Sustainability, Bridgewater Associates
• Karen Wilson, Strategic Partnerships, Office of the Secretary General, The Organisation for Economic Co-operation and Development
• Liza Maimone, COO, PwC Australia
• Maha Keramane, Head of Social Impact Accelerator, BNP Paribas
• Maria Ariza, Director General, Mexico’s Exchange Commission (BIVA)
• Marta Santamaría, Director, Capitals Coalition
• Martin Whittaker, CEO, JUST Capital
• Mary Schapiro, Vice Chair for Public Policy and Special Advisor, Bloomberg
• Michelle Edkins, Managing Director, BlackRock
• Neil Gregory, Chief of Thought Leadership, International Finance Corporation
• Ngaire Woods, Dean, Blavatnik School of Government, University of Oxford
• Paul Druckman, Chairman, World Benchmarking Alliance
• Peter Harrison, CEO, Schroders
• Richard Brandweiner, CEO, Pendal Australia
• Robert Eccles, Visiting Professor, Saïd Business School, University of Oxford
• Robert Herz, President, Robert H. Herz LLC
• Ruchi Bhowmik, Global Vice Chair, Public Policy, EY
• Ryohei Yanagi, CFO, Eisai Co.
• Soren Andreasen, CEO, EDFI
• Suni Harford, President UBS Asset Management
• Thomas Verheye, Principal Advisor Green Finance & Investment, European Commission
• Tom Brown, Partner, KPMG
• Veronica Poole, Vice Chair, Deloitte UK & Global IFRS and Corporate Reporting Leader
• Weiguo Zhang, Former Board Member, IASB & Former Regulator, China Securities Regulatory Commission
• Yael Almog, General Counsel, Bank Hapoalim

Members & Observers of Working Group B: Instruments and Policies to Scale Impact Investment

Chair: Dame Elizabeth Corley, Chair, Impact Investing Institute

Secretariat: Impact Investing Institute

Advisory Panel Members

• Aaron Levine, Senior Financial Sector Specialist, International Finance Corporation
• Adam Wolfensohn, Managing Partner, Encourage Capital
• Aisha R. Pandor, Co-Founder, SweepSouth
• Alderman Vincent Keaveny, Senior Alderman of the City of London
• Alexandra Basirov, Global Head of Sustainable Finance for Financial Institutions Coverage, BNP Paribas
• Alicia Seiger, Managing Director, Stanford University Sustainable Finance Initiative
• Anne-Marie Chidzero, CIO, FSD Africa Investments
• Audrey Choi, Chief Sustainability Officer, Morgan Stanley
• Eliza Foo, Director, Impact Investing, Temasek
• Elizabeth Littlefield, Head of Sustainability and Social Impact, Albright Stonebridge Group
• Eric Rice, Managing Director & Head of Impact Investing, BlackRock
• Jeremy Gorelick, Strategic Advisor, Green Finance Institute
• Louisa Mojela, Founder & CEO, WIPHOLD
• Marcus Svedberg, Investment Strategist, AP4
• Nadia Nikolova, Lead Portfolio Manager, Development Finance, Allianz Global Investors
• Naoko Ishii, Director, Centre for Global Commons
• Nathalie Gabala, Regional Director, West, Central, and North Africa, Mastercard Foundation
• Nazmeera Moola, Deputy Managing Director and Head of South Africa Investments, Ninety One
• Shami Nissan, Head of Responsible Investment, Actis
• Stephanie Pfeifer, CEO, Institutional Investors Group on Climate Change (IIGCC)
• Stephen Brenninkmeijer, Chair, Supervisory Board of the European Climate Foundation & Founder, Willow Investments
• Tim Macready, CIO, Brightlight Impact Advisory
• Tracy Palandjian, CEO and Co-Founder, Social Finance US
• Uche Orji, Managing Director & CEO, Nigeria Sovereign Investment Authority (NSIA)

Member and Senior Advisor

• Laurie Spengler, Founder & CEO, Courageous Capital Advisors, LLC and Board Member & Lead Expert, Impact Investing Institute

Advisory Panel Observers

• Amit Bouri, CEO, Global Impact Investing Network (GIIN)
• Emmanuel Faber, Former CEO, Danone
• Hiro Mizuno, U.N. Special Envoy on Innovative Finance and Sustainable Investments
• Jamie Broderick, Board Member & Lead Expert, Impact Investing Institute
• Krisztina Tora, Chief Market Development Officer, The Global Steering Group for Impact Investment (GSG)
• Nick Temple, CEO, Social Investment Business and Board Member & Lead Expert, Impact Investing Institute
• Olivia Dickson, Board Member & Lead Expert, Impact Investing Institute

Technical Working Group Members and Advisory Panel Observers

• Alessandra Nibbio, Fund Manager, PPP Mandates, BlueOrchard Finance
• Allegra Day, Climate Change Manager, CDC
• Amal-Lee Amin, Climate Strategy Director, CDC
• Euan Marshall, Manager, Investor Engagement Syndications, International Finance Corporation
• Maria Teresa Zappia, Chief Impact & Blended Finance Officer, Deputy CEO, BlueOrchard Finance
• Nick Robins, Professor in Practice for Sustainable Finance, Grantham Research Institute on Climate Change and the Environment, London School of Economics
• Sarah Gordon, CEO, Impact Investing Institute
• SoVonna Day-Goins, Global Head of Social Sustainability, Credit Suisse

The Impact Taskforce held the first in a series of meetings in early August and the group’s final report is expected to be delivered to G7 governments in December 2021.

Impact investment is at an inflection point as governments, investors, businesses and entrepreneurs seek a better way to invest and deliver positive benefits for the whole of society. The GSG and the Impact Investing Institute will continue to work with the G7 and G20, as well as governments and political bodies around the world, to create a just recovery and fairer economies that function for all.

We are grateful to the UK Government’s FCDO, BNP Paribas and the EQT Foundation for their financial support of the Impact Taskforce.

Notes to editors:

Contact for media enquiries

For more information, contact:

• Lynn Nicholson, Head of Communications, GSG: lynn.nicholson@gsgii.org, +32 494 813 837
• Joe Dharampal-Hornby, Public Affairs and Media Relations Manager, Impact Investing Institute: comms@impactinvest.org.uk, +44 77 49 74 17 93

About the Global Steering Group for Impact Investment (GSG)

The Global Steering Group for Impact Investment (GSG) is an independent global steering group promoting sustainable development and advancing education in impact investment. The GSG was established in 2015 as the successor to, and incorporating the work of, the Social Impact Investment Taskforce established under the UK’s presidency of the G8. The GSG’s National Advisory Boards (NABs) currently cover 33 countries. It has established strategic partnerships with leading global organisations such as UNDP and the Impact Management Project. The GSG brings together leaders from finance, business, philanthropy and governments to drive a shift towards impact economies. For more information visit www.gsgii.org and follow the GSG on Twitter and LinkedIn.

About the Impact Investing Institute

The Impact Investing Institute is an independent, non-profit organisation which aims to change capital markets so that they are fairer and work better for people and the planet. It does this by raising awareness of, addressing barriers to and increasing confidence in investing with impact. Our vision is for lives to improve, as more people choose to use their savings and investments to help solve social and environmental challenges, as well as seeking a financial return. The Institute is supported by the Department for Digital, Culture, Media & Sport, the Foreign, Commonwealth & Development Office, the City of London Corporation and supporters from the financial service industry. For more information visit www.impactinvest.org.uk and follow the Institute on Twitter and LinkedIn.

About Impact Investing

Impact investments are investments made with an explicit intention to generate positive, measurable social and environmental impact alongside a financial return. Impact investment optimises risk, return and impact to benefit people and the planet.

Click here to download PDF version

The Impact Taskforce wants a diverse range of perspectives from across the globe to shape its work. We are pleased that nearly a third (30%) of members are based in non-G7 nations and half of members are women.

Robert Hertz photo credit Value Reporting Foundation