LONDON – The Global Steering Group for Impact Investment has unveiled its new name – GSG Impact– reflecting the full scope the organisation’s work. Founded in 2015 as the successor to and incorporating the work of the Social Impact Investment Taskforce established under the UK’s 2013 presidency of the G8, the organisation has been at the forefront of a global movement to mobilise capital for the benefit of both people and the planet.

While it continues its work on impact investing, GSG Impact has, for some time, been leading efforts to effect a wider transformation of global financial systems, so every investment, business and government spending decision takes into account impact, as well as risk and return. This incorporates a strong emphasis on advancing impact transparency, including through the creation of harmonised standards.

Alasdair Maclay, Chief Strategy Officer, said:

Since our creation over a decade ago, we have seen the nascent concept of impact investing become widely accepted as a critical driver of progress on entrenched social and environmental challenges. We are now in a new era, both for the sector and organisation, as we continue to mainstream these advances, and put impact at the heart of every decision.  

Alongside its rebrand, GSG Impact has launched a new website (gsgimpact.org), showcasing its new vision and mission and community of National Partners, known collectively as the GSG Impact Partnership.