This document discusses challenges and opportunities around scaling up sustainable development guidelines and voluntary standards. It notes that while there are hundreds of sustainability standards, some are more credible than others. It also notes that current sustainability ratings have credibility deficits and do not adequately measure socio-economic impacts or ecosystem effects. The document proposes a new Integrated Ecosystem Assessment and Rating System (IERS) that would use innovative tools to provide integrated ratings looking at biodiversity, ecosystem dynamics, trade-offs and impacts at multiple scales. This new approach could help address gaps in existing standards and ratings.
ESG Roadmap: Observations and practical advice for boards, corporate secretar...Mike Wallace
Company governance practices and failures have long been an important factor in investor
analysis of a firm’s short-term and long-term value. Over the last several decades—with an
acceleration in the last five years—the relevance to investors of a company’s environmental and
social impacts stemming from its practices, policies and products has increased substantially.
Effective oversight and management by boards, corporate secretaries and sustainability teams
of so-called “ESG” (environmental, social and governance) issues are increasingly important to
preserving and creating shareholder value. Driven by client demand, reputational risk
management and a supportive body of financial research, many investors are demanding that
companies think more broadly about their ESG impacts, take corrective action (if required) and
disclose their ESG-related efforts. In this brief, we will examine the drivers of the growth in
ESG-related investing and engagement, explore ESG’s impact on financial products and
strategies and suggest practical advice to assist boards, corporate secretaries and sustainability
teams.
One of my earlier ESG presentations to an Investor Relations Officers' ( #IRO ) association called the National Investor Relations Institute ( #NIRI ). This was in 2009 while I was running my own consultancy #WallacePartners and representing clients like #Trucost
Conservation Finance. From Niche to Mainstream: The Building of an Institutio...The Rockefeller Foundation
Sustainable farmland, healthy forests, clean water, and abundant habitat stand to become more valuable as the global population climbs to nine billion by 2050. Already, pioneering investors have put together financial solutions that combine real assets, such as tropical forests, with cash flows from operations in fields such as sustainable timber, agriculture, and ecotourism. Conservation finance, as this field is known, represents an undeveloped, but emerging private sector investment opportunity of major proportion.
Filling this gap to finance the preservation of the world’s precious ecosystems will require USD 200 - 300 billion in additional capital, and private investment capital may be the only source. Attracting that level of private capital will require attractive risk-adjusted rates of return, in addition to clear and measurable conservation impacts.
In this report, Credit Suisse—together with the McKinsey Center for Business and Environment—there is a toolkit for substantially growing the investment that flows into the conservation sector, illustrated by a few concrete ideas that we deem to be scalable, repeatable, and investable. Implementing these ideas will require strong collaboration between the financial and environmental communities to find new and creative ways of solving the financial structuring and conservation challenges at hand.
ERM partnered with a range of leading experts and institutions in June 2019 to bring the latest ESG and sustainability information to the Asian markets. Partners in this tour included, the Stock Exchange of Thailand (SET); Hong Kong Stock Exchange (HKEX); Bloomberg; Citi; Robeco; The Economist; and CDP.
ESG Roadmap: Observations and practical advice for boards, corporate secretar...Mike Wallace
Company governance practices and failures have long been an important factor in investor
analysis of a firm’s short-term and long-term value. Over the last several decades—with an
acceleration in the last five years—the relevance to investors of a company’s environmental and
social impacts stemming from its practices, policies and products has increased substantially.
Effective oversight and management by boards, corporate secretaries and sustainability teams
of so-called “ESG” (environmental, social and governance) issues are increasingly important to
preserving and creating shareholder value. Driven by client demand, reputational risk
management and a supportive body of financial research, many investors are demanding that
companies think more broadly about their ESG impacts, take corrective action (if required) and
disclose their ESG-related efforts. In this brief, we will examine the drivers of the growth in
ESG-related investing and engagement, explore ESG’s impact on financial products and
strategies and suggest practical advice to assist boards, corporate secretaries and sustainability
teams.
One of my earlier ESG presentations to an Investor Relations Officers' ( #IRO ) association called the National Investor Relations Institute ( #NIRI ). This was in 2009 while I was running my own consultancy #WallacePartners and representing clients like #Trucost
Conservation Finance. From Niche to Mainstream: The Building of an Institutio...The Rockefeller Foundation
Sustainable farmland, healthy forests, clean water, and abundant habitat stand to become more valuable as the global population climbs to nine billion by 2050. Already, pioneering investors have put together financial solutions that combine real assets, such as tropical forests, with cash flows from operations in fields such as sustainable timber, agriculture, and ecotourism. Conservation finance, as this field is known, represents an undeveloped, but emerging private sector investment opportunity of major proportion.
Filling this gap to finance the preservation of the world’s precious ecosystems will require USD 200 - 300 billion in additional capital, and private investment capital may be the only source. Attracting that level of private capital will require attractive risk-adjusted rates of return, in addition to clear and measurable conservation impacts.
In this report, Credit Suisse—together with the McKinsey Center for Business and Environment—there is a toolkit for substantially growing the investment that flows into the conservation sector, illustrated by a few concrete ideas that we deem to be scalable, repeatable, and investable. Implementing these ideas will require strong collaboration between the financial and environmental communities to find new and creative ways of solving the financial structuring and conservation challenges at hand.
ERM partnered with a range of leading experts and institutions in June 2019 to bring the latest ESG and sustainability information to the Asian markets. Partners in this tour included, the Stock Exchange of Thailand (SET); Hong Kong Stock Exchange (HKEX); Bloomberg; Citi; Robeco; The Economist; and CDP.
Climate exposure is defined as the potential gains or losses in an investor’s portfolio due to climate change. It encapsulates both climate-related financial risks as well as opportunities. Though climate exposure has many components, it can be divided into three broad subcategories: • Policy and legal exposure: The financial effects of policies designed to mitigate climate change (e.g., carbon pricing schemes) or policies designed to adapt to it (e.g., water management infrastructure and rationing) (Burton, Diringer, and Smith 2006); or litigation or adjudication related to climate change (Massachusetts v. Environmental Protection Agency 2007; Guyatt et al. 2011). • Physical and ecological exposure: The financial implications of changes to earth’s ecosystems. For example: the costs of shorter and warmer winters on the ski industry (Bebb 2015); the financial impacts of hotter weather on agricultural yields; or the economic consequences of severe weather/climatic events (e.g., Hurricane Sandy) that disrupt human economic activity. • Market and economic exposure: Human responses to the aforementioned policy and ecological changes that will reshape businesses, industries, economies, and markets (e.g., growth in clean energy technologies that threaten the fossil fuel industry) (Guyatt et al. 2011).
Day 2- Session 6: Strategic Metals and the Clean-tech Revolution
Sustainable Mining
Objective Capital Global Mining Investment Conference 2010
Stationers' Hall, City of London
28-29 September 2010
Speaker:
Aidan Davy - International Council on Mining and Metals
The Maturation of LCA as a Basis for Sustainability Metrics across the Organi...Sustainable Brands
Discussions about life cycle assessment (LCA) usually center around either its tremendous promise for helping us make sense of the very complex questions posed by sustainability issues, or its occasional failure to live up to that promise - and the frustrations surrounding the resources required along with the limited issue LCA is competent to address. The sustainability community has learned a tremendous amount in recent years and one can now see a coming-of-age of LCA-based approaches that are more practical, more focused and more scientifically advanced than what was available just a few short years ago. This session will focus both on explaining these developments to the participants with a set of expert speakers, as well as offering active feedback. In particular, the session will look at how LCA has been maturing beyond its core and reliable applications, such as product carbon foot-printing, into applications that address many more types of questions with more reliable information. The themes to be presented will focus on how LCA has matured in dimensions of the subjects on which it is focused, the issues it is addressing, and the scale on which it is happening.
Mr. James. M. Donovan, CEO of ADEC Innovations, speaks to a group of AIM graduate students about how he grew a small operation providing back office services into a global organization.
This presentation is a short overview of the fundamental concepts of responsible property investing. Responsible Property Investing is expanding to include metrics that provide investors guidance on how to measure social responsibility within their portfolios and to compare social responsibility between different property portfolios.
Material Engagement (with suppliment included)Nawar Alsaadi
Material Engagement is the missing link between the sharp growth in ESG aligned assets, and the lack of progress on many of the pressing environmental, social and governance issues facing humanity today. The sustainability priorities of Material Engagement are grounded in human rights by virtue of its focus on the 2030 UN Sustainable Development Goals (SDGs). Furthermore, by linking the SDGs to SASB’s Materiality Map, the Material Engagement approach provides the legal, commercial, and strategic impetus for companies to make the SDGs a reality. Said another way, Material Engagement is an approach that combines the heart (SDGs) with the brain (SASB) thus birthing a new sustainable business reality, one that’s rooted in human rights, and guided by the power and genius of private enterprise. In addition to its powerful intellectual and moral foundation, Material Engagement offers a turn-key sustainability engagement solution, with relevant KPIs, scope and milestones blueprints, clear timelines, escalation pathways, and communication methods. Material Engagement is the missing link between the world we have, and the world humanity deserves.
Measuring multiple dividends of (un)natural disaster risk management in AsiaOECD Governance
Investing in infrastructure: Costs, benefits and effectiveness of disaster risk reduction measures.
Presentation made by: Reinhard Mechler, Thomas Schinko, Stefan Hochrainer-Stigler, Finn Laurien
Graham Tupper (Director, Transparency International Australia) - Presentation at the United Nations Association of Australia (Victorian Division) Climate Finance: Sustainability with Integrity Seminar. The seminar, part of the UNAA (Vic) Sustainability Leadership Series, was held in Melbourne on 29 October 2012, in partnership with National Australia Bank.
Building momentum for collective action post-Rio+20, the seminar brought together key players from government, business and civil society to discuss the challenges and opportunities associated with climate finance. In particular, the seminar addressed issues of governance, transparency and accountability for climate finance, key requirements to ensure that climate finance becomes an effective driver of sustainable development.
Expert panel discussion focussed on:
- The Australian Government perspective on climate finance: current priorities, role, contributions, and commitments;
- The global Green Climate Fund (GCF) and Australia's fast-start finance contribution
Issues of transparency and accountability for climate finance governance.
- Investor perspective on climate finance: challenges and opportunities and the role of the investment community.
- Community development perspective on climate finance: achieving sustainable development objectives
- Experiences and opportunities for cross-sector collaboration
Facilitator:
- Rosemary Sainty (Former Head, Secretariat, UN Global Compact Network Australia and Adviser, Corporate Engagement, Transparency International Australia)
Guest Speakers:
- Gregory Andrews (Assistant Secretary, Finance, Forests and Development Branch, International Division, Australian Government Department of Climate Change and Energy Efficiency)
- Graham Tupper (Director, Transparency International Australia)
- Nathan Fabian (Chief Executive, Investor Group on Climate Change)
- Dr Simon Bradshaw (Climate Change Advocacy Coordinator, Oxfam Australia)
For more information on this or other events in the Sustainability Leadership Series please contact:
United Nations Association of Australia (Vic)
T: (+613) 9670 7878
E: sustainability@unaavictoria.org.au
www.unaavictoria.org.au
Climate exposure is defined as the potential gains or losses in an investor’s portfolio due to climate change. It encapsulates both climate-related financial risks as well as opportunities. Though climate exposure has many components, it can be divided into three broad subcategories: • Policy and legal exposure: The financial effects of policies designed to mitigate climate change (e.g., carbon pricing schemes) or policies designed to adapt to it (e.g., water management infrastructure and rationing) (Burton, Diringer, and Smith 2006); or litigation or adjudication related to climate change (Massachusetts v. Environmental Protection Agency 2007; Guyatt et al. 2011). • Physical and ecological exposure: The financial implications of changes to earth’s ecosystems. For example: the costs of shorter and warmer winters on the ski industry (Bebb 2015); the financial impacts of hotter weather on agricultural yields; or the economic consequences of severe weather/climatic events (e.g., Hurricane Sandy) that disrupt human economic activity. • Market and economic exposure: Human responses to the aforementioned policy and ecological changes that will reshape businesses, industries, economies, and markets (e.g., growth in clean energy technologies that threaten the fossil fuel industry) (Guyatt et al. 2011).
Day 2- Session 6: Strategic Metals and the Clean-tech Revolution
Sustainable Mining
Objective Capital Global Mining Investment Conference 2010
Stationers' Hall, City of London
28-29 September 2010
Speaker:
Aidan Davy - International Council on Mining and Metals
The Maturation of LCA as a Basis for Sustainability Metrics across the Organi...Sustainable Brands
Discussions about life cycle assessment (LCA) usually center around either its tremendous promise for helping us make sense of the very complex questions posed by sustainability issues, or its occasional failure to live up to that promise - and the frustrations surrounding the resources required along with the limited issue LCA is competent to address. The sustainability community has learned a tremendous amount in recent years and one can now see a coming-of-age of LCA-based approaches that are more practical, more focused and more scientifically advanced than what was available just a few short years ago. This session will focus both on explaining these developments to the participants with a set of expert speakers, as well as offering active feedback. In particular, the session will look at how LCA has been maturing beyond its core and reliable applications, such as product carbon foot-printing, into applications that address many more types of questions with more reliable information. The themes to be presented will focus on how LCA has matured in dimensions of the subjects on which it is focused, the issues it is addressing, and the scale on which it is happening.
Mr. James. M. Donovan, CEO of ADEC Innovations, speaks to a group of AIM graduate students about how he grew a small operation providing back office services into a global organization.
This presentation is a short overview of the fundamental concepts of responsible property investing. Responsible Property Investing is expanding to include metrics that provide investors guidance on how to measure social responsibility within their portfolios and to compare social responsibility between different property portfolios.
Material Engagement (with suppliment included)Nawar Alsaadi
Material Engagement is the missing link between the sharp growth in ESG aligned assets, and the lack of progress on many of the pressing environmental, social and governance issues facing humanity today. The sustainability priorities of Material Engagement are grounded in human rights by virtue of its focus on the 2030 UN Sustainable Development Goals (SDGs). Furthermore, by linking the SDGs to SASB’s Materiality Map, the Material Engagement approach provides the legal, commercial, and strategic impetus for companies to make the SDGs a reality. Said another way, Material Engagement is an approach that combines the heart (SDGs) with the brain (SASB) thus birthing a new sustainable business reality, one that’s rooted in human rights, and guided by the power and genius of private enterprise. In addition to its powerful intellectual and moral foundation, Material Engagement offers a turn-key sustainability engagement solution, with relevant KPIs, scope and milestones blueprints, clear timelines, escalation pathways, and communication methods. Material Engagement is the missing link between the world we have, and the world humanity deserves.
Measuring multiple dividends of (un)natural disaster risk management in AsiaOECD Governance
Investing in infrastructure: Costs, benefits and effectiveness of disaster risk reduction measures.
Presentation made by: Reinhard Mechler, Thomas Schinko, Stefan Hochrainer-Stigler, Finn Laurien
Graham Tupper (Director, Transparency International Australia) - Presentation at the United Nations Association of Australia (Victorian Division) Climate Finance: Sustainability with Integrity Seminar. The seminar, part of the UNAA (Vic) Sustainability Leadership Series, was held in Melbourne on 29 October 2012, in partnership with National Australia Bank.
Building momentum for collective action post-Rio+20, the seminar brought together key players from government, business and civil society to discuss the challenges and opportunities associated with climate finance. In particular, the seminar addressed issues of governance, transparency and accountability for climate finance, key requirements to ensure that climate finance becomes an effective driver of sustainable development.
Expert panel discussion focussed on:
- The Australian Government perspective on climate finance: current priorities, role, contributions, and commitments;
- The global Green Climate Fund (GCF) and Australia's fast-start finance contribution
Issues of transparency and accountability for climate finance governance.
- Investor perspective on climate finance: challenges and opportunities and the role of the investment community.
- Community development perspective on climate finance: achieving sustainable development objectives
- Experiences and opportunities for cross-sector collaboration
Facilitator:
- Rosemary Sainty (Former Head, Secretariat, UN Global Compact Network Australia and Adviser, Corporate Engagement, Transparency International Australia)
Guest Speakers:
- Gregory Andrews (Assistant Secretary, Finance, Forests and Development Branch, International Division, Australian Government Department of Climate Change and Energy Efficiency)
- Graham Tupper (Director, Transparency International Australia)
- Nathan Fabian (Chief Executive, Investor Group on Climate Change)
- Dr Simon Bradshaw (Climate Change Advocacy Coordinator, Oxfam Australia)
For more information on this or other events in the Sustainability Leadership Series please contact:
United Nations Association of Australia (Vic)
T: (+613) 9670 7878
E: sustainability@unaavictoria.org.au
www.unaavictoria.org.au
Item 9: Soil mapping to support sustainable agricultureExternalEvents
SOIL ATLAS OF ASIA
2ND EDITORIAL BOARD MEETING
RURAL DEVELOPMENT ADMINISTRATION, NATIONAL INSTITUTE OF AGRICULTURAL SCIENCES,
JEONJU, REPUBLIC OF KOREA | 29 APRIL – 3 MAY 2019
Markus Anda (Indonesia)
Item 8: WRB, World Reference Base for Soil ResoucesExternalEvents
SOIL ATLAS OF ASIA
2ND EDITORIAL BOARD MEETING
RURAL DEVELOPMENT ADMINISTRATION, NATIONAL INSTITUTE OF AGRICULTURAL SCIENCES,
JEONJU, REPUBLIC OF KOREA | 29 APRIL – 3 MAY 2019
Satira Udomsri (Thailand)
SOIL ATLAS OF ASIA
2ND EDITORIAL BOARD MEETING
RURAL DEVELOPMENT ADMINISTRATION, NATIONAL INSTITUTE OF AGRICULTURAL SCIENCES,
JEONJU, REPUBLIC OF KOREA | 29 APRIL – 3 MAY 2019
Shree Prasad Vista (Nepal)
Item 6: International Center for Biosaline AgricultureExternalEvents
SOIL ATLAS OF ASIA
2ND EDITORIAL BOARD MEETING
RURAL DEVELOPMENT ADMINISTRATION, NATIONAL INSTITUTE OF AGRICULTURAL SCIENCES,
JEONJU, REPUBLIC OF KOREA | 29 APRIL – 3 MAY 2019
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Normal Labour/ Stages of Labour/ Mechanism of LabourWasim Ak
Normal labor is also termed spontaneous labor, defined as the natural physiological process through which the fetus, placenta, and membranes are expelled from the uterus through the birth canal at term (37 to 42 weeks
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar Kanvaria
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Challenges and opportunities to scale up the application of sustainability guidelines and voluntary standards
1. Challenges and opportunities to scale up
the application of sustainability
guidelines and voluntary standards
Dr. Simone Quatrini
ETH Zurich & ÆDIS.Earth
simone.quatrini(at)usys.ethz.ch
sq(at)aedis.earth
1
3. S. Quatrini, Mobilizing blended finance for sustainable development: experience and lessons from the investment fund for land degradation neutrality
(LDN). Doctoral Dissertation. ETH Zurich Research Collection, Dec. 2018
Sustainable Development
Theory of change
RESEARCH ENGAGEMENT APPLICATION
CHANGE AGENTS
Enabling
Policies
Investment
Vehicles
Sustainable
Projects
De-Risking
Tools
Certification
& Standards
Enabling Environment
www.aedis.earth
6. Organic and shaded coffee plantation, Costa
Rica
Sustainable grassland management, Switzerland
Source: De Groot et al. (2013): Benefits of investing in ecosystem restoration
www.aedis.earthSustainable projects
7. Source: Quatrini et al. (2015): Land Degradation Neutrality (LDN) Fund: Scoping Paper
www.aedis.earthSustainable projects financially viable
8. ecosystem service losses (1997-2011): $4.3–20.2 tr/year
Source: Costanza et al. (2014): Changes in the global value of ecosystem services
$2-4 trillion/year
Source: The New Climate Economy, 2015
www.aedis.earthInvestment gap
9. Source: Quatrini, Crossman (2018). Most finance to halt desertification also benefits multiple ecosystem services:
A key to unlock investments in Land Degradation Neutrality? J Ecosystem Services. 31, B
www.aedis.earthWhy ?
(1) de-risking tools are under-used
synergistic value blended finance
P2P blockchain
landscape approaches
10. Adapted from: R. Costanza, S. Quatrini (2017)
Blended finance instruments serve to lower investment-specific risks and
incentivize additional private sector finance across key development sectors“
”Source: AAAA, 2015
Green Bonds
Impact funds
Philanthropy
www.aedis.earth
11. (2) proliferation of voluntary/industry standards
Source: ITC (sustainabilitymap.org)
www.aedis.earthWhy ?
there are
hundreds of standards and
certification schemes on the
market – but some are more
credible than others
15. • central component of SD (biosphere)
• finite resource, vulnerable to degradation, both natural and human-induced
• fundamental to the provision of a large number of ecosystem services
• market value (endowment, commodity, collateral)
• non-market value (e.g. historical, cultural, strategic, geo-political connotations)
• competition leading to increasing pressure, degradation, desertification
• land-based investment tend to aggravate, amplify and accelerate land degradation
• strong nexus between land degradation and food, water, land, energy security
• conflicts and mass migration flows destabilize economies, societies, and nations
• land degradation neutrality (LDN) included in the SGD agenda (target 15.3)
Source: United Nations Framework Convention on Climate Change (2017): Online Guide on Loss and Damage
www.aedis.earthClimate change loss & damage
16. 16
Source: NOAA National Centers for Environmental Information (NCEI) U.S. Billion-Dollar Weather and Climate Disasters (2018). https://www.ncdc.noaa.gov/billions/
www.aedis.earthCost of disaster events in USA (1980-2018)
17. Source: SustainAbility (2019) Rate the Raters
• Static ‘point-in-time’ ratings
• Lack of transparency on scoring
methodologies
• Weak assessment of environmental
sustainability and ecosystem disturbance
• No or limited inclusion of interdependencies
and socio-ecological trade-offs
• Based on poor ESG reports and limited
disclosure
• Mostly established for listed companies,
without sufficient granularity
• Mostly concerned by financial performance
and internal governance
• Often mono-sectoral, commodity-focused,
using a narrow definition of sustainability
• Companies are free to ‘pick-and-choose’,
with no independent verification
Sources: 3Keel & ISEAL 2018, UNFSS 2018, Komives 2014, Boiral 2015-2018, Galafassi 2017
CREDIBILITY DEFICIT
Source: SustainAbility (2019) Rate the Raters
www.aedis.earthMistrust in conventional rating models
they measure credit worthiness:
• point-in-time opinions about credit risks
• assessments of an entity’s ability to pay its financial obligations
• predictive of the likelihood that the evaluated part will go bankrupt
they don’t measure impacts:
• socio-economic, material effects on ecosystems and communities
• on-site and off-site cascading effects (eg climate, biodiversity, etc.)
• long-term consequences, systemic risks (e.g. conflicts, migrations)
18. a new generation of sustainability ratings
“impact investing does not
have in place a set of
independent rating
agencies to attest to the
quality and practices of
impact reporting at the
firm level”
(ImpactAssets, 2016)
“the ultimate challenge is
to develop solutions that
consider a uniform,
integrated approach to
impact measurement that
enables a widespread
adoption”
(St. Gallen University, 2017)
“what is needed most of all
is a movement, and a
community, of transparent
commitment to the
principles of real impact,
providing necessary checks
and balances on corporates”
(Real Impact Tracker, 2018)
“label shopping by companies
must stop. It leads to
a race to the bottom. If there is
to be a role for certification in
the transition to a sustainable
economy, it must undergo
some serious reforms”
(Changing Markets Foundation, 2018)
Elian Hofer
Business Analyst
Evalueserve
Chile
www.aedis.earthWhat do we need?
20. 1.Harness innovative guidelines and tools for environmental protection,
sustainable land use/management and ecological restoration as a foundation
for an integrated landscape approach
2.Integrated rating methodology that takes into consideration biodiversity,
ecosystem dynamics, connections, interdependencies, trade-offs between
multiple competing resource use interests, including non-commodity aspects
3.Certification procedures and support measures for facilitating adoption and
application at different scales (e.g. site, landscape, watershed, supply chain,
etc.), jurisdictions, biomes, and geographies
www.aedis.earthIERS objectives
Dec 2017 Mar 2018 Dec 2018 Mar 2019
Inception Consultations Proof of Concept ISO Liaison
Concept Note with Sponsors Presented at GLF Forum Application
21. 1. Integration (Performance + Impact, Ecosystem Services Trade-Offs, Externalities)
2. Technology (Blockchain, Artificial Intelligence, Machine Learning)
3. Quality (Best-in-Class Standards, Field evidence, Granularity)
1. Focus on underlying assets, liabilities, dependencies
2. Suite of proxy indicators of key impact fundamentals
3. All sustainability dimensions (economy, environment, society)
Unique Output: Impact Worthiness
Key Distinctive Features
www.aedis.earthImpact ÆSSURANCE ratings: innovations
Network BlockChain Model Software Back-End Symbols Front-End