Publication - Consultation analysis
Scottish National Investment Bank consultation: analysis of responses
Analysis of responses to Scottish National Investment Bank consultation which ran from 5 September to 31 October 2018.
Glossary of Terms
| Ethical Investment | The Bank’s objectives to adhere to the following principles when investing: Equality; Transparency; Diversity; and Inclusion. |
| Inclusive Growth | Economic development that advances equitable opportunities for economic participants with benefits incurred by every section of society. |
| Sustainable Economic Growth | Economic development that sustains natural resources and the environment for future generations. |
| Low Carbon Economy | An economy based on low carbon power sources, with minimal output of greenhouse gases. Also considered a decarbonised economy. |
| Circular Economy | An economy in which resources are kept in use for as long as possible, the maximum value is extracted whilst in use, then products are recovered and regenerated into materials at the end of each service life. |
| One Planet Prosperity | Regulatory Strategy published by SEPA in August 2016. |
| Collevecchio Declaration | Declaration published by Bank Track detailing proposed roles and responsibilities of financial institutions with an environmental and socially sustainable remit. |
| Patient Capital | Long term capital where the investor is willing to make a financial investment in a business with no expectation of turning a quick profit in order to maximise social returns. |
Contact
Email: Alison.McDonald@gov.scot
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