Principles for Investors in Inclusive Finance
The Principles for Investors in Inclusive Finance (PIIF) provide a framework for responsible investment in inclusive finance. The PIIF are housed within the Principles for Responsible Investment and were established in January 2011 on the initiative of investors and Her Royal Highness Princess Máxima of the Netherlands in her role as UN Secretary-General’s Special Advocate for Inclusive Finance for Development. The group developed the PIIF together with the PRI Initiative, the Consultative Group to Assist the Poor (CGAP) and key industry players, and launched with the support of the Dutch Ministry of Foreign Affairs.
In signing the Principles, investors commit to:
- Expanding the range of financial services available to low-income people;
- Integrating client protection into all their policies and practices;
- Treating their investees fairly, with clear and balanced contracts, and dispute resolution procedures;
- Integrating ESG factors into their policies and reporting;
- Promoting transparency in all their operations;
- Pursuing balanced long-term returns that reflect the interests of clients, retail providers and end investors; and
- Working together to develop common investor standards on inclusive finance.