This presentation was
held during the 5th GIB
Summit, May 27-28 2015.
The presentation and
more information on the
Global Infrastructure Basel
Foundation are available
on www.gib-foundation.org
The next GIB Summit will take place in Basel,
May 24-25, 2016.
	
  
The information and views set out in this presenation are those of the author(s) and do not necessarily reflect the opinion of the Global
Infrastructure Basel Foundation. Neither the Global Infrastructure Basel Foundation nor any person acting on its behalf may be held responsible
for the use of the information contained therein. 	
  
Standard for Sustainable and
Resilient Infrastructure –
SuRe STANDARD
Katharina Schneider-Roos,
Deputy Executive Director,
Global Infrastructure Basel Foundation
Delphine Riou, SRI Analyst, Natixis
Opportunities: Challenges:
Ø  Increasing need for reliable
infrastructure.
Ø  Investors have pressure to
integrate sustainable
development themes into
their investment decisions
and demonstrate that capital
is being allocated responsibly
across asset classes.
Ø  Need to engage more private
sector capital in emerging
markets.
Ø  How to measure
sustainability and resilience?
Ø  How to change short-sighted
investment decisions?
Ø  How to implement a common
understanding of
sustainability and resilience
in infrastructure projects?
3
SuRe
Standard
Goal
-  Create a common understanding of sustainable
and resilient infrastructure
-  Bridge the gap to finance
Unique
-  Holistic
-  Globally applicable (regionally and culturally
tested, multi-stakeholder approach, focus on
emerging markets)
-  Cross-sectorial
Strength
-  Project based (early stage)
-  Inclusive, independent, voluntary private
standard
-  Compliance with ISEAL requirements
-  Efficient, accessible
-  Comparability of projects (various sectors)
-  Transparent (third party verified)
4
Target
audience
Public sector
•  Decision support tool for sustainable/resilient projects
•  Innovative procurement
Asset managers, Asset owners, Insurance
companies
•  Common language and a measurable tool for investors
and advisors to evaluate resilience and sustainability in
infrastructure.
•  Offering new product opportunities for asset managers to
attract investors seeking socially responsible and overall
sustainable and resilient investments.
•  Open new business opportunities: SRI-screened funds
Banks active in infrastructure finance
•  Highlight the sustainability value of their infrastructure
debt portfolios
Operators/Infrastructure companies
•  Labelled projects will attract more investments
•  Label will strengthen their reputation and
sustainability profile.
5
Why a
standard ?
•  Natixis: serving Socially Responsible
Investment (SRI) financial community
•  SRI research: recognised expertise, Extel ranking
•  Asset management and responsible investment division
(Mirova): second largest European manager of open-ended
SRI funds
•  Project finance and infrastructure: renewable MLA of the
year (2013), signatory to Equator Principals.
•  A standard will help infrastructure stand out
as responsible asset class par excellence
•  Infrastructure asset class – providing essential services –
acclaimed by SRI investors (7% invested in infrastructure
asset class >average 2% in investor’s portfolio)
•  Will enable them to take a more active role (from fund of
funds to direct investments)
•  Bulk of initiatives help infrastructure play a major
role in energy transition (COP 21 context,
Juncker plan)
6
Why a
standard ?
•  Standard will raise the bar in terms of
impacts
•  An excellent complementary approach to Equator
Principals
•  Take into account benefits not only risks
•  Enhance global sustainability, covering OECD and
non OECD countries
•  Set benchmark values against which projects can be
evaluated
•  Avoid the fifty shades of green (green bonds)
7

GIB2015_Solid Standards and Ratings_Schneider_Roos

  • 1.
    This presentation was heldduring the 5th GIB Summit, May 27-28 2015. The presentation and more information on the Global Infrastructure Basel Foundation are available on www.gib-foundation.org The next GIB Summit will take place in Basel, May 24-25, 2016.   The information and views set out in this presenation are those of the author(s) and do not necessarily reflect the opinion of the Global Infrastructure Basel Foundation. Neither the Global Infrastructure Basel Foundation nor any person acting on its behalf may be held responsible for the use of the information contained therein.  
  • 2.
    Standard for Sustainableand Resilient Infrastructure – SuRe STANDARD Katharina Schneider-Roos, Deputy Executive Director, Global Infrastructure Basel Foundation Delphine Riou, SRI Analyst, Natixis
  • 3.
    Opportunities: Challenges: Ø  Increasingneed for reliable infrastructure. Ø  Investors have pressure to integrate sustainable development themes into their investment decisions and demonstrate that capital is being allocated responsibly across asset classes. Ø  Need to engage more private sector capital in emerging markets. Ø  How to measure sustainability and resilience? Ø  How to change short-sighted investment decisions? Ø  How to implement a common understanding of sustainability and resilience in infrastructure projects? 3
  • 4.
    SuRe Standard Goal -  Create acommon understanding of sustainable and resilient infrastructure -  Bridge the gap to finance Unique -  Holistic -  Globally applicable (regionally and culturally tested, multi-stakeholder approach, focus on emerging markets) -  Cross-sectorial Strength -  Project based (early stage) -  Inclusive, independent, voluntary private standard -  Compliance with ISEAL requirements -  Efficient, accessible -  Comparability of projects (various sectors) -  Transparent (third party verified) 4
  • 5.
    Target audience Public sector •  Decisionsupport tool for sustainable/resilient projects •  Innovative procurement Asset managers, Asset owners, Insurance companies •  Common language and a measurable tool for investors and advisors to evaluate resilience and sustainability in infrastructure. •  Offering new product opportunities for asset managers to attract investors seeking socially responsible and overall sustainable and resilient investments. •  Open new business opportunities: SRI-screened funds Banks active in infrastructure finance •  Highlight the sustainability value of their infrastructure debt portfolios Operators/Infrastructure companies •  Labelled projects will attract more investments •  Label will strengthen their reputation and sustainability profile. 5
  • 6.
    Why a standard ? • Natixis: serving Socially Responsible Investment (SRI) financial community •  SRI research: recognised expertise, Extel ranking •  Asset management and responsible investment division (Mirova): second largest European manager of open-ended SRI funds •  Project finance and infrastructure: renewable MLA of the year (2013), signatory to Equator Principals. •  A standard will help infrastructure stand out as responsible asset class par excellence •  Infrastructure asset class – providing essential services – acclaimed by SRI investors (7% invested in infrastructure asset class >average 2% in investor’s portfolio) •  Will enable them to take a more active role (from fund of funds to direct investments) •  Bulk of initiatives help infrastructure play a major role in energy transition (COP 21 context, Juncker plan) 6
  • 7.
    Why a standard ? • Standard will raise the bar in terms of impacts •  An excellent complementary approach to Equator Principals •  Take into account benefits not only risks •  Enhance global sustainability, covering OECD and non OECD countries •  Set benchmark values against which projects can be evaluated •  Avoid the fifty shades of green (green bonds) 7