356-1 Sovereign Wealth Fund Generally Accepted Principles and Practices

Summary

The purpose of the GAPP is to identify a framework of generally accepted principles and practices that properly reflect appropriate governance and accountability arrangements as well as the conduct of investment practices by SWFs on a prudent and sound basis.

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Issuer

International Working Group of Sovereign Wealth Funds

Year

2008

Region

International

Issuer (type)

International Working Group of Sovereign Wealth Funds (Industry)

Policy Type

Other sustainability policy

Geographical scope

International

Mandatory or voluntary

Voluntary

Main industries targeted

Finance & Insurance
Mining, Quarrying, Oil & Gas Extraction
Professional, Scientific, & Technical Services
Manufacturing

Restrictiveness

Low

Sustainable Development Goals (SDGs)

SDG 1: No Poverty
SDG 2: Zero Hunger
SDG 6: Clean Water and Sanitation
SDG 9: Industry, Innovation, and Infrastructure
SDG 10: Reduced Inequality
SDG 14: Life Below Water
SDG 16: Peace, Justice, and Strong Institutions