Big names mark YF Finance Network anniversary
On Thursday 26 March, the Young Fabians Finance Network marked its five year anniversary with an anatomy session on social finance.
In the network's first event of 2015, Shadow Infrastructure Minister Lord Adonis joined Big Society Capital's Aine Kelly and Will Martindale - Head of UN-backed Principles for Responsible Investment, with each speaking on different aspects of social investment. Martindale spoke on ways to embed more sustainability into the financial sector, Kelly spoke on Big Society Capital's role in funding social projects and Adonis reflected on how businesses have successfully partnered with the public and third sectors to deliver social value.
The group then broke into three anatomy sessions, with each speaker debating their topic area with a section of the audience. The event was hosted by law firm Simmons and Simmons and was the first in a series of discussions to look at a range of contemporary political topics and the role that finance can play.
Commenting on the event, Labour Peer Lord Adonis said:
"I welcome this new series of policy discussions on the role of finance in society. The private sector has an important role to play in supporting social initiatives and it is commendable that members of the Young Fabians Finance Network are actively engaging in these debates."
Joshua Price, Chair of the Young Fabians Finance Network said:
"Social investment can play an enormous role in creating a more sustainable, diverse and vibrant economy and a fairer society. I’m delighted that the Young Fabians are leading the way by giving under 31s a voice in this debate and I encourage any socially-minded young person with an interest in finance to join our network.”