Responsible Investor

The Network is convinced that a more stable and sustainable financial system is attainable. The innovative capacity of the financial sector is real – the challenge is to harness it for maximum economic, social and environmental good and with a greater focus on the long-term than has happened to-date.
Towards that end, the Network exists as a virtual “think-tank” of investment professionals, advisors and scholars focused on financial markets to develop proposals for macro and micro interventions which can create healthier financial markets. Our first project has been to formulate a set of principles that we recommend guide the reform of our financial system. Other projects, focused on specific components of the challenge, are in the pipe-line. We are under no illusion about the power of the financial system: change will require concerted effort by many since denial and defensiveness still

pervades current discussions.
And yet, for the first time in decades, the architecture of the world’s financial system is being questioned by a wide range of thoughtful people and organizations. In those reform efforts, we need to aim high.
Once the immediate symptoms of the crisis have been eased, nothing less than a financial system that leads the transformation to healthy and sustainable economies should be the design remit. We welcome the involvement of others who support this goal.
For further information on the Network for Sustainable Financial Markets and to read our Principles for Financial Reform, see http://www.sustainablefinancialmarkets.net
Signed: Keith Ambachtsheer, Ann Byrne, Rob Bauer, Gordon Clark, Stephen Davis, Jack Gray, Steve Lydenberg, Michael Mainelli, Frank Partnoy, Avinash Persaud, Amin Rajan, Robert Swift & Ed Waitzer

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