With an ambition to increase (and improve) impact finance in Belgium, it is pertinent that larger financiers and insurance companies contribute to this. These organisations have included ESG, Sustainable and/or Impact in their finance and insurance products. There are potentials to do more with questions around clarity/definitions, also incentives or instructions by funders or shareholders, sometimes regulation which can come with limitations.
Thus, the incentive behind ‘More Impact with Institutional Investors’ working is group is for IFB to get a better understanding of the current practices, ambitions (or dreams), limitations (both internal and external), to jointly determine what we can do to help you provide more financial products with impact targets. As Belgium invests <0.5% of institutional assets for impact—well below countries like the Netherlands and the UK (4–20%), this group was formed to close that gap and align portfolios with long-term societal and environmental goals.
