This report aims: To show why public policy engagement is essential for long-term investors. To give examples of how investors have engaged in public policy and the lessons learned. To offer practical recommendations for long-term investors, policymakers and the PRI to better integrate environmental, social and governance factors in the public policymaking process.
South Africa has sought to meet or exceed best international practice in advancing sustainability governance across the financial sector in keeping with its ambition to retain leadership as an emerging country financial centre. Key instruments South Africa’s corporate governance King Code, with the sustainability-focused reporting requirements of the Johannesburg Stock Exchange as well as requiremenst for pensions trustees to consider sustainability factors (Pensions Act, Regulation 28), and the Code for Responsible Investing in South Africa (CRISA). South Africa also, notably, developed the Financial Sector Charger (FSC) which involved building a broad social compact to address policy objectives for black economic emplowerment.