Overview
National Institute of Economic and Social Research (NIESR) was established in 1938. It is the UK’s longest-established independent economic and social research institute and operates as a charity. NIESR’s core purpose is to conduct rigorous research into the economic and social forces that shape people’s lives and to inform evidence-based policy.
Mission and focus areas
NIESR’s mission is to “carry out research into the economic and social forces that affect people’s lives, to improve the understanding of these forces, and the ways in which policy can bring about change”. Its thematic focus areas include macro-economics, labour markets, productivity, regional economies, social well-being, and education. More recently, its work addresses sustainability-relevant issues such as the macro-economics of climate change and green transition policy. Through quantitative modelling and applied analysis, NIESR supports sustainable finance and ESG integration indirectly by highlighting structural risks, productivity shortfalls and environmental economic impacts that are material to investors and policy-makers.
Structure and governance
NIESR is guided by a strategic plan and led by a Director and Senior Leadership Team, under a Council of Management. It is a UK-registered charity and receives no core funding from the government, maintaining independence in its research agenda. A list of Governors, drawn from academia, industry and public service, supports oversight and accountability. NIESR also operates via partnerships with academic institutions and research centres to deliver applied work.
Programs and offerings
NIESR produces a wide range of research outputs including economic forecasts, occasional papers, briefing documents and peer-reviewed publications. It hosts training workshops for its macro-economic model NiGEM, used by central banks and policy-makers. The organisation also provides dashboards and data tools for regional analysis. Its resources are valuable for finance and sustainability practitioners interested in long-term economic risks, productivity trends, regional disparities, and policy impacts on markets and investment.