The Global Steering Group for Impact Investment

Established in August 2015 as the successor to the Social Impact Investment Taskforce under the United Kingdom’s presidency of the Group of Eight, the Global Steering Group on Impact Investment brings together influential stakeholders from the private and public sectors. It has a global presence, with National Advisory Boards in forty-one countries, as well as active partnerships with organizations at the forefront of the impact sector. The organization identifies itself as an independent ‘action’ tank with the aim of mainstreaming impact investments to tackle the most pressing challenges facing the world, including economic and social inequality, climate change, and the achievement of the Sustainable Development Goals. Its goal is that impact, the measure of an action’s benefit (or harm) to society and the planet, is increasingly embedded as a deliberate decision driver in all business, investment, policy, and consumption decisions. Priority programs focus on market development across its membership countries, policy and advocacy, impact transparency and valuation, and capital mobilization. In 2023-2024, the Global Steering Group on Impact Investment is focusing on system change, implementation, and outcomes at scale through collaboration with partners across the world.

Established in August 2015 as the successor to the Social Impact Investment Taskforce under the UK’s presidency of the G8, the Global Steering Group on Impact Investment brings together influential stakeholders from the private and public sectors. It has a global presence, with National Advisory Boards in thirty-three countries, as well as active partnerships with organizations at the forefront of the impact sector. It identifies itself as an independent ‘action’ tank championing impact investment as an essential pathway to lift people out of poverty and inequality  and tackle the most pressing challenges facing the world, including economic and social inequality, climate change and the achievement of the Sustainable Development Goals. Its goal is that impact, the measure of an action’s benefit (or harm) to society and the planet, is increasingly embedded as a deliberate decision driver in all business, investment, policy and consumption decisions. It implements its work by developing and sharing knowledge, best practices, policy documents, organizing convenings (in person and virtual) to encourage collaboration, innovation and resource sharing; and unlocking new capital and support for the impact movement globally. Its main areas of focus at present include tackling the challenges presented by the Covid-19 crisis and driving a just and impact-led recovery through financing approaches including social bonds and achieve the SDGs, and bringing together the impact investment field to share knowledge and best practices by creating and deploying a compelling and consistent narrative.

The Global Steering Group on Impact Investment was created in 2015 as the successor to the Social Impact Investment Taskforce established under the UK’s presidency of the Group of Eight, working  with country-level impact investing leaders and stakeholders to catalyze global impact investment and entrepreneurship. Major focus areas include helping develop the global impact investment ecosystem, unlocking the supply of impact investing capital and attracting new investors and developing and sharing field knowledge to grow the impact investing field. Through its work, the GSG hopes to promote the separate but complementary levers of impact capital and impact entrepreneurship to reach over a billion underserved individuals across the globe.