Saudi’s FII Institute to host ‘ESG Summit for Emerging Markets’ in London

  • Date: 15-May-2022
  • Source: GCC Business News
  • Sector:Economy
  • Country:Saudi Arabia
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Saudi’s FII Institute to host ‘ESG Summit for Emerging Markets’ in London

The Future Investment Initiative (FII) will host the Inclusive Environmental, Social and Corporate Governance (ESG) Summit for Emerging Markets in London, the UK on May 20, 2022.

The summit will be attended by various international investors, world leaders, thinkers, policymakers, CEOs, and global leaders in sustainability.

“FII’s event intends to discuss two main topics, ‘the future of environmental, social, and corporate governance (ESG)’ and ‘the future of sustainability’, with the participation of more than 40 international leaders and experts who are scheduled to speak, led by Mr. Yasir Al-Rumayyan, governor of the Public Investment Fund (PIF) and chairman of the Board of Directors of FII Institute, and Egyptian Minister of Environment Dr. Yasmine Fouad,” according to the statement.

During the event, FII Institute is set to unveil a new comprehensive ESG framework and scoring methodology, developed specifically to accelerate ESG investments in emerging economies. The use of ESG standards to make investment decisions is booming globally, with assets expected to reach $53 trillion, about one-third of global assets, by 2025.

According to the statement, “The event will be part of a series of activities to be hosted by FII, which will be culminated in the 6th edition of the annual FII Forum, slated to