The Global Steering Group for Impact Investment (GSG) was established in August 2015 as the successor to and incorporating the work of the Social Impact Investment Taskforce established under the UK´s presidency of the G8. The GSG is an independent global steering group catalysing impact investment and entrepreneurship to benefit people and planet and currently has 23 countries and the EU as members. Chaired by Sir Ronald Cohen, the GSG brings together leaders from the worlds of finance, business, and philanthropy.
Each participating country has established a national advisory board of leaders from across sector and disciplinary boundaries committed to driving impact investment forward in and from their countries. The Initiative for Responsible Investment at Harvard’s Kennedy School studied these (so-called) NABs and found they ‘stand out as a different kind of institution … tasked in principle with goals of educating specific places about impact investing, promoting the field, and helping to develop public policy environments that support it.’
Rosemary Addis Australian Advisory Board on Impact Investing, hosted by Impact Investing Australia which was a founding member of the GSG and has become the pre-eminent market builder in Australia. In 2015, Rosemary became a member of the initial Executive Board; she was elected to the inaugural GSG Board of Trustees in 2018 and in 2019 she was appointed to Chair the newly formed Board Committee on National Advisory Boards and Governance.
In 2018 Rosemary Chaired groundbreaking work across 10 countries to deliver a theory of change for what it will take to widen participation and deepen practice to drive impact investment at scale, published as The Impact Principle and including roadmaps for different actors to mobilise for impact.
She authored the National Advisory Boards’ Handbook with the Initiative for Responsible Investment at Harvard Kennedy School and support from the MacArthur Foundation, first published in 2019.