Sustainable Finance Lab
SRC partner in SEK 47 million initiative to promote sustainable finance
The SRC and the Royal Swedish Academy of Sciences are among partners involved in the Sustainable Finance Lab – an effort to boost the focus on the social and environmental sustainability of both Swedish and international financial markets.
The lab is designed to become a leading international authority on sustainable financial markets. Among other things, it will focus on new ways of thinking about risks and opportunities, sustainability regulations and policies, as well as promoting transformation, technology and innovation.
In addition to the SRC and the Royal Swedish Academy, founding partners include some of Sweden’s most influential researchers in the fields of environmental science and business sustainability:
- KTH Royal Institute of Technology
- Luleå University
- Gothenburg University
- Institute for Research at the Stockholm School of Economics
- Swedish Environmental Research Institute
The Global Resilience Partnership, which is hosted by the SRC, is also among the organisations involved in the new programme.
Universal challenge
SRC deputy science director Beatrice Crona will act as the vice director and will focus particularly on the scientific assessment of impact.
“The fact that the social and environmental impacts of financial decisions are currently overlooked by actors in the financial market constitutes a universal challenge. We are excited to be founding members of this new centre, being able to drive research forward to address these pressing issues,” says Crona.
In 2021, researchers affiliated with the SFL produced and published research on a variety of topics. For instance, they examined the need to further incorporate earth system science into environmental, social and governance standards, in order to empower financial institutions to mitigate risk.
Meanwhile, other work analysed the logic behind sustainable investment. Researchers also shared their expertise on topics such as developing sustainable value chains and combating gender bias in innovation and entrepreneurship, among many others.
Read more about the Sustainable Finance Lab