This page references information on activities within the Principles for Investors in Inclusive Finance (PIIF).
In addition to becoming a mentor or mentee as part of the PRI Initiative’s mentoring programme, further interviews are planned with asset owners regarding their investments in inclusive finance to build on the publication Investing in the Sustainable Economy.
Resources listed may require PRI signatory extranet access.
- PIIF Signatories’ Report on Progress. This report is based on the Reporting Framework piloted in 2012, the aim of which is to encourage transparency and support dialogue between direct and indirect investors. It indicates current implementation of the Principles for Investors in Inclusive Finance among direct investor signatories.
- Three signatories have shared action plans that outline their current practice:
- Responsible investment in inclusive finance: Principles for Investors in Inclusive Finance case studies
- ING Groenbank on Principle 1: Range of services
- BlueOrchard on Principle 5: Transparency
- Understanding pricing in microcredit (November 2012)
- Governance roundtable, co-hosted with CMEF and CFI (October 2012)
- A framework for responsible investment in inclusive finance (October 2011)
- The Smart Campaign, open to investors for endorsement, has produced a technical guide for investors regarding the implementation of the Client Protection Principles.
- MFTransparency encourages the microfinance industry to be open and transparent regarding the true price of loan products and to provide the information clearly and consistently. It collects and publishes data on loan pricing to help investors and other industry stakeholders to make comparisons. Investors can endorse MFTransparency and download resources, including the Calculating Transparent Interest tool.
- The Social Performance Task Force (SPTF) provides a map of existing social performance resources specifically for investors. The SPTF has launched the Universal Standards for Social Performance Management for MFIs pursuing financial, social and environmental objectives.
- A Lenders’ Guide for Setting Covenants in Support of Responsible Microfinance has been developed and endorsed by a number of social investors, who constructed the guide with the aim of increasing the transparency of microfinance investors’ positions when defining the nature and level of covenants in loan contracts to avoid irresponsible covenants. This guidance has been added to the Principles for Investors in Inclusive Finance.