Becoming a GIP Member and Implementing the Principles

Date：31 December 2022

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As a medium to long-term development and investment fund established to support the Belt and Road Initiative, Silk Road Fund honors sustainable investment philosophy, and is one of the initial financial institutions signing up to the Green Investment Principles (GIP).

In 2020, the Fund’s ACWA Renewable Energy Platform won the GIP Best Green Finance Transaction Award. In 2022, the Fund received the GIP Best Progress Award.

GIP is a set of principles for greening investment under the Belt and Road initiative. It was co-initiated by the Green Finance Committee of China Society for Finance and Banking and the City of London Corporation’s Green Finance Initiative. The GIP includes seven principles at three levels, i.e. strategy, operations, and innovation:

Principle 1: Embedding sustainability into corporate governance

Principle 2: Understanding environmental, social and governance risks

Principle 3: Disclosing environmental information

Principle 4: Enhancing communication with stakeholders

Principle 5: Utilizing green financial instruments

Principle 6: Adopting green supply chain management

Principle 7: Building capacity through collective action