Mission- Finsif promotes responsible investment that takes account factors related to environment, society and corporate governance when considering investment decisions
Vision- Finnish investors are the forerunners in sustainable investing
Finsif roots back to 2010 when it was established by 18 founding members. Up to date, Finsif has grown steadily having almost 90 member organizations and the impact of over hundreds of billions of euros asset under management in total. The members are varying from smaller players (around 10 million euros of assets under management) to grand league (up to over 100 billion euros of assets under management). About half of the members are asset managers, the second largest group is investors and the smallest group of members is service providers. The recognition of sustainable investment related issues has grown fast and this can be noted in our everyday work- the shift from defining responsible investing, or explaining the related terminology, is no longer the focus of our work. Instead, more tools, phenomena and perspectives are needed to be shared. Moreover, Finsif is seen as a “neutral” platform where to exchange ideas and is wanted for meeting others on the “common grounds”. Finsif brings up new insight but does not stand for any specific ways how the members should put the views and tools into practice.
Finsif organizes events, collaborates with researchers and communicates the agenda for investors and related groups in Finland. The goal is to encourage members to integrate sustainable investment issues as a part of investment decision-making and evaluation processes.
In terms of sharing the knowledge amongst its members and broader audience, Finsif engages NGO´s and other stakeholders (FIBS Corporate Responsibility Network, Sitra, Finance Finland etc.) as speakers, bloggers, in meetings etc.
Board of Directors
The work of the organization is lead by a yearly selected board of members and one employee, operations coordinator. In addition, some active members are sharing their knowledge and helping with projects. The board meets once a month and works is done pro-bono.
Read more about board members »
Scandinavian and European networking
Finsif is part of Nordic Sustainable Investment forum (NordicSIF) -collaboration (Denmark, Finland, Iceland, Norway and Sweden). Nordic SIF board members, chairpersons and other SIF contact points exchange and share knowledge on responsible investing on almost monthly basis through online meetings. In addition, NordicSIF members meet each other at the annual conference on responsible investing to discuss the current work and key topics of sustainable investment. The annual NordicSIF conference is open to all Finsif members as well as to members of any other Nordic SIF organization. Previously the event was held in Iceland 2022, Finland 2020 (online), Sweden 2019, Norway 2018, Denmark 2017 and Finland 2016. The next conference will be held in Denmark (8-9.6.2023). Starting from the beginning of 2023, NordicSIF countries are finding space for producing joint events throughout the year that are open to all NordicSIF members.
Finsif has been an observer member of Eurosif from 2021 and joined Eurosif officially in November 2022. Throughout the observing period, Finsif has been considering the benefits of the formal membership. Finsif has been actively collaborating with other NordicSIFs for meny years, and is looking forward to follow, participate and impact on responsible investing in the European level, too. In addition, Finsif encourages its members to take active role in the variety of working groups that Eurosif has to offer. This is the way to amplify our impact on European sustainable investment market. (Press Release)