Lifestyle NewsApril 18, 2021

Sustainable Investment Leaders Gather for Riyadh Summit

Sustainable investment leaders will gather virtually on Thursday for the Riyadh Summit. The main topic of this year’s summit is the the move to environmental, social and governance (ESG) benchmarks by big global investors.

The event organized by Future Investment Initiative (FII) will focus on sustainable investment in the post-pandemic recovery, and the role of emerging markets like Saudi Arabia.

The move to sustainable investment kicked off recently against the background of the Covid-19 pandemic.

The event will offer insights into how to boost participation of emerging markets in ESG and also deep dive into the role of ESG across corporations, retail investing, and monetary policy in pursuit of a sustainable world, according to FII Institute.

Speakers for the summit include Yasir Al-Rumayyan, governor of Saudi Arabia’s Public Investment Fund, Bandar Hajjar, president of the Islamic Development Bank, and Noel Quinn, chief executive of HSBC, which recently decided to cease investment in coal assets and senior executives from leading financial institutes in Africa and Asia.