At SIS we believe all enterprises should proactively maximise their positive, and minimise their negative, impacts through both what they do and how they do it.
We are leaders in ESG (Environment, Social and Governance) and responsible business (RB) practices; through our own actions and supporting others to define and progress their plans. We focus activities on six distinct areas, drawing on best practice, in Diversity, Environment, Our People, Community, Governance and Supply Chain.
Diversity, Equality and Inclusion (DEI)
At SIS, we value diversity of people and ideas.
We have been developing DEI activities over a number of years, with a concerted effort over the last two years to progress DEI across all our activities.
We work alongside expert partners to provide ways for the SIS team, board, investees, customers and other stakeholders to develop their own knowledge, confidence and DEI practice.
This statement describes why we consider DEI important; our approach; DEI actions so far, and our aspirations for the future
Women in Finance Charter
In September 2020 Social Investment Scotland signed The Women in Finance Charter. The Charter, created by HM Treasury to address the gender imbalance at senior levels across the financial services industry, commits HM Treasury and signatory firms to work together to build a more balanced and fair industry.
It is beyond question that the biggest challenge for humanity, now and in the future, is ongoing environmental damage and the need for urgent action to fight climate change.
Over the last two years, SIS has developed a number of useful practices and initiatives, that aid our, and others’, climate action journeys.
We work alongside expert partners to provide ways for the SIS team, board, investees, customers and other stakeholders to develop their own knowledge, confidence and Earth-friendly practices.
This statement describes why we place importance on caring for and protecting our planet; our approach; SIS’s Earth-friendly actions so far, and our aspirations for the future.
Diversity Forum Manifesto 2.0
In April 2022, SIS pledged its commitment to working towards more inclusive social investment as an organisation, and as part of the wider social enterprise sector by signing up to the Diversity Forum’s Manifesto 2.0.
This Manifesto consists of seven criteria which we will be reporting on annually and 10 initial actions we hope to get started on in the next six months. We are also committed to working with our many stakeholders to meet these aims.
Investing in Women Code
SIS is committed to a culture of inclusion and to advancing access to capital for women entrepreneurs.
Our organisation will:
- nominate a member of the senior leadership team (or key individual within my Angel group or network) to be responsible for supporting equality in all my organisation’s interactions with women entrepreneurs. Alastair Davis, SIS CEO, is the senior executive team member who is responsible and accountable for gender (and other) diversity and inclusion including our interactions with women entrepreneurs.
- adopt internal practices that aim to improve female entrepreneurs’ access to the tools, resources and finance they need to grow their businesses, and review these practices annually.
- provide to an industry body designated by BEIS a commonly agreed set of data about our organisation’s investing or lending activities and about its own staff and leadership team, together with a case study of my organisation’s work with a woman entrepreneur, on the understanding that they will collate this data and provide it to BEIS on an aggregated and anonymised basis for publication in an annual report.