Stockholm (NordSIP) – The rapidly evolving European sustainable regulation landscape poses challenges for the investment industry in navigating and meeting such a complex set of new requirements. In this environment, Europe’s leading sustainable and responsible investment association, Eurosif, and its members are well-placed to play a critical role in supporting the industry to understand the new requirements as well as provide constructive feedback to the European Commission on the effectiveness of the developing regulatory framework.
It is, therefore, hardly a coincidence that the pan-European association is expanding its reach. On 3 November, Eurosif announced that two of the Nordic sustainable investment fora (SIFs) are joining the seven leading SIFs from across Europe currently part of the organisation. As of this month, Sweden’s Sustainable Investment Forum (Swesif) and Finland’s Sustainable Investment Forum (Finsif) are changing their observer status to become full members of Eurosif.
The Nordics, which have long been pioneers in the field of sustainability, are a natural fit for Eurosif, set not just to benefit from the organisation’s close links to Brussels’ corridors of power but also contribute with their expert knowledge and experience.
“We are very pleased with becoming a full member of Eurosif,” comments Susanne Bolin Gärtner, Chairperson of Swesif. “After a year in an observer role, we have strong support from our members and the board to take the next step. We look forward to engaging with and contributing to Eurosif’s work with the Nordic perspective going forward as well as actively taking part in Eurosif’s important working groups.”
Finsif’s members are likewise positive about becoming more involved in the work of the pan-European association. “As the European sustainable investing requirements’ landscape is changing and becoming more homogenous, we see it as of great value for our members that Finsif becomes a member in Eurosif,” says Anna-Stina Wiklund, Board member of Finsif. “The board of Finsif and its members support an increasingly international role going forward. We look forward to discussing and learning from other Eurosif members and giving our knowledge and experience to the important work Eurosif is doing,” she adds.
According to Will Oulton, Chairman of Eurosif, the participation of Swesif and Finsif, two of Europe’s leading sustainable investment organisations, will further enhance the association’s reach and influence at this critically important time in the development of sustainable finance across Europe.
“We look forward to having Swesif and Finsif join Eurosif as full members,” concurs Aleksandra Palinska, Eurosif Executive Director. “Through joining the network of leading European SIFs, Swesif and Finsif will further be able to contribute their substantial knowledge and experience to promote sustainable finance across the EU.”