The document discusses promoting environmental and social risk management in the financial sector of Pakistan. It provides background on the costs of environmental degradation in Pakistan, outlines what environmental and social risk management is for financial institutions, and proposes an advisory program to help banks implement ESRM practices through developing policies, procedures, training, and providing implementation support. The program aims to help banks manage risk better while also providing new business opportunities in green financing that benefit both banks and their clients.
NL:
ESG Routekaart.
De dwingende uitdaging waarvoor wij staan op het gebied van milieu is, om met zijn allen de beweging in gang te zetten om de gemiddelde opwarming van de aarde tot 1,5 graden te beperken. Sommige belanghebbenden, gouvernementele organisaties en banken, vragen regelmatig om verbetering en het aanscherpen van de Europese wetgeving met betrekking tot het klimaat. De EU zou tegen 2050 een totale reductie van de binnenlandse emissies van 80% moeten realiseren. Door een eenduidig stappenplan te borgen, is een concrete stap naar verduurzamen. Denk daarbij aan de interne- en externe belanghebbenden te betrekken voor de implementatie van initiatieven om CO2-emissies te verminderen, of een stap verder zou zijn, om de emissies te compenseren. De Routekaart beschrijft aan de hand van analyses, en sector specifieke KPI’s, modellen hoe dit beleid goed zou kunnen worden geborgd in een Environmental Socio-Economic Governance beleid. De Routekaart biedt op de lange termijn een kosten efficiënt pad naar een schonere, klimaatvriendelijke bedrijf.
Short biography of the presenter; Ginio Franker, September 1966, Suriname.
Position Learning and Development NLP-trainer & Transpersoonlijke coach + Climate Leader trained by Al Gore. "A Moral Call to Climate Change" + "Environmental Justice".
Website www.greandream.com.
EN:
ESG-ROADMAP
With the effects of climate change already upon us, the need to cut global greenhouse gas emissions is nothing less than urgent. It’s a daunting challenge, but the technologies and strategies to meet it exist today. A small set of ESG policies, designed and implemented well, can put us on the path to a low carbon future. ESG Key Performance Indicators are complex, so they must be sector specific, focused and cost-effective. One-size-fits-all approaches simply won’t get the job done. Sustainability managers need a clear, comprehensive resource that outlines the ESG policies that will have the biggest impact on our climate future, and describes how to implement these policies well within their own organisations.
We don’t need to wait for new technologies or strategies to create a low carbon future—and we can’t afford to. ESG-ROADMAP gives professionals the tools they need to select, design, and implement the policies that can put us on the path to a livable climate future.
The Environmental Social Governance challenges e.g: on regulatory and reputational risks, market scandals and new market opportunities makes ESG information a data source of growing importance. With ESG in company seminars, round table discussions, scholarships and online association programs, we leave no one behind. Sign up today. Zentrepreneur Environmental Social Governance Associates Training. (ZESGA).
contact@esgwatch.eu
+32485773608 BE
+31630092220 NL
These slides discusses on the environmental, social and governance (ESG) factors for responsible investment. It briefly covers the ongoing crisis our world economy is dealing with today, which adversely affects business owners and investors alike.
Sustainability reporting is becoming increasingly prevalent due to the growing consensus that sustainability-related issues can materially affect a company’s performance. This is leading to increased demand from various stakeholder groups for higher levels of transparency and disclosure about the company’s business activities and performance.
Getting started with GRI reporting
To get started with sustainability reporting using standards like BRSR, companies are turning to sustainability management platforms like POSITIIVPLUS. These platforms can help businesses monitor KPIs like energy use, emissions and waste generation, operational costs, and regulatory compliance.
Stakeholders also want information from companies as to how they are responding to issues of sustainable development. This is why companies use sustainability reporting as a tool to disclose their sustainability practices. Sustainability reporting is not mandatory, but it increases the transparency and accountability of an organization. This in turn helps companies to be better equipped to make profitable decisions which will increase the chances of their long-term success.
Using sustainability management software can help companies gain an understanding of the BRSR format, choose material topics to report on, a report from the variety of available KPIs, aggregate and analyze sustainability performance data, draft a sustainability report, as well as support organizational transparency and communication.
Institutional investors are increasingly adopting ESG investing on a global scale. A survey of over 500 institutional investors found that more than half now fully integrate ESG into their investment approach, up from 36% in 2019. Motivations for ESG investing include obtaining better risk-adjusted returns and risk management. However, concerns around "greenwashing" where companies only pay lip service to ESG issues remain high. The lack of clear evidence linking ESG performance to financial performance also poses a barrier to greater ESG adoption.
The Rise, Impact, and Challenges of ESG Factor Based Investing.JacobReynolds24
Covers a wide range of topic regarding ESG integration and ESG factor-based investing.
With many pension funds starting to follow the UN’s PRIs, and the signatories representing $70 trillion. ESG factor-based investing cannot be ignored, regardless of the participant's principles. The divestitures we are seeing by major players such as GPIF, Norwegian Oil Fund, CalSTRS as well as many smaller endowment funds.
Has this led to an increase in PE activity in the affected sectors, the driver is that the –what can be seen as forced- selling leading to said companies trading at a discount in public markets. Which leads to the question: through ESG conscious funds investing inline with their principles, do they end up bounding their returns (in the case of tobacco divestment) and arguably making the companies who are deemed poor on the E and S vector less transparent and accountable.
The document discusses Environmental, Social, and Governance (ESG) criteria. Over the past five years, the financial industry has adopted ESG as the standard terminology to evaluate extra-financial data that investors increasingly consider during comprehensive investment reviews. ESG criteria codify what companies disclose across environmental, social, and governance issues. Socially Responsible Investing (SRI) refers to how investors analyze companies based on their ESG disclosures and Corporate Social Responsibility (CSR) practices.
The document discusses examining the importance of environmental, social, and governance (ESG) concerns within corporations. It defines ESG and provides examples of how companies address the environmental, social, and governance aspects. It discusses how ESG benefits both internal stakeholders like employees and investors, as well as external stakeholders like communities and customers. The document also summarizes a Deloitte survey finding that while companies have made progress addressing ESG concerns of younger generations, most employees remain dissatisfied. Specifically, concerns around harassment, work-life balance, and climate change were highlighted.
NL:
ESG Routekaart.
De dwingende uitdaging waarvoor wij staan op het gebied van milieu is, om met zijn allen de beweging in gang te zetten om de gemiddelde opwarming van de aarde tot 1,5 graden te beperken. Sommige belanghebbenden, gouvernementele organisaties en banken, vragen regelmatig om verbetering en het aanscherpen van de Europese wetgeving met betrekking tot het klimaat. De EU zou tegen 2050 een totale reductie van de binnenlandse emissies van 80% moeten realiseren. Door een eenduidig stappenplan te borgen, is een concrete stap naar verduurzamen. Denk daarbij aan de interne- en externe belanghebbenden te betrekken voor de implementatie van initiatieven om CO2-emissies te verminderen, of een stap verder zou zijn, om de emissies te compenseren. De Routekaart beschrijft aan de hand van analyses, en sector specifieke KPI’s, modellen hoe dit beleid goed zou kunnen worden geborgd in een Environmental Socio-Economic Governance beleid. De Routekaart biedt op de lange termijn een kosten efficiënt pad naar een schonere, klimaatvriendelijke bedrijf.
Short biography of the presenter; Ginio Franker, September 1966, Suriname.
Position Learning and Development NLP-trainer & Transpersoonlijke coach + Climate Leader trained by Al Gore. "A Moral Call to Climate Change" + "Environmental Justice".
Website www.greandream.com.
EN:
ESG-ROADMAP
With the effects of climate change already upon us, the need to cut global greenhouse gas emissions is nothing less than urgent. It’s a daunting challenge, but the technologies and strategies to meet it exist today. A small set of ESG policies, designed and implemented well, can put us on the path to a low carbon future. ESG Key Performance Indicators are complex, so they must be sector specific, focused and cost-effective. One-size-fits-all approaches simply won’t get the job done. Sustainability managers need a clear, comprehensive resource that outlines the ESG policies that will have the biggest impact on our climate future, and describes how to implement these policies well within their own organisations.
We don’t need to wait for new technologies or strategies to create a low carbon future—and we can’t afford to. ESG-ROADMAP gives professionals the tools they need to select, design, and implement the policies that can put us on the path to a livable climate future.
The Environmental Social Governance challenges e.g: on regulatory and reputational risks, market scandals and new market opportunities makes ESG information a data source of growing importance. With ESG in company seminars, round table discussions, scholarships and online association programs, we leave no one behind. Sign up today. Zentrepreneur Environmental Social Governance Associates Training. (ZESGA).
contact@esgwatch.eu
+32485773608 BE
+31630092220 NL
These slides discusses on the environmental, social and governance (ESG) factors for responsible investment. It briefly covers the ongoing crisis our world economy is dealing with today, which adversely affects business owners and investors alike.
Sustainability reporting is becoming increasingly prevalent due to the growing consensus that sustainability-related issues can materially affect a company’s performance. This is leading to increased demand from various stakeholder groups for higher levels of transparency and disclosure about the company’s business activities and performance.
Getting started with GRI reporting
To get started with sustainability reporting using standards like BRSR, companies are turning to sustainability management platforms like POSITIIVPLUS. These platforms can help businesses monitor KPIs like energy use, emissions and waste generation, operational costs, and regulatory compliance.
Stakeholders also want information from companies as to how they are responding to issues of sustainable development. This is why companies use sustainability reporting as a tool to disclose their sustainability practices. Sustainability reporting is not mandatory, but it increases the transparency and accountability of an organization. This in turn helps companies to be better equipped to make profitable decisions which will increase the chances of their long-term success.
Using sustainability management software can help companies gain an understanding of the BRSR format, choose material topics to report on, a report from the variety of available KPIs, aggregate and analyze sustainability performance data, draft a sustainability report, as well as support organizational transparency and communication.
Institutional investors are increasingly adopting ESG investing on a global scale. A survey of over 500 institutional investors found that more than half now fully integrate ESG into their investment approach, up from 36% in 2019. Motivations for ESG investing include obtaining better risk-adjusted returns and risk management. However, concerns around "greenwashing" where companies only pay lip service to ESG issues remain high. The lack of clear evidence linking ESG performance to financial performance also poses a barrier to greater ESG adoption.
The Rise, Impact, and Challenges of ESG Factor Based Investing.JacobReynolds24
Covers a wide range of topic regarding ESG integration and ESG factor-based investing.
With many pension funds starting to follow the UN’s PRIs, and the signatories representing $70 trillion. ESG factor-based investing cannot be ignored, regardless of the participant's principles. The divestitures we are seeing by major players such as GPIF, Norwegian Oil Fund, CalSTRS as well as many smaller endowment funds.
Has this led to an increase in PE activity in the affected sectors, the driver is that the –what can be seen as forced- selling leading to said companies trading at a discount in public markets. Which leads to the question: through ESG conscious funds investing inline with their principles, do they end up bounding their returns (in the case of tobacco divestment) and arguably making the companies who are deemed poor on the E and S vector less transparent and accountable.
The document discusses Environmental, Social, and Governance (ESG) criteria. Over the past five years, the financial industry has adopted ESG as the standard terminology to evaluate extra-financial data that investors increasingly consider during comprehensive investment reviews. ESG criteria codify what companies disclose across environmental, social, and governance issues. Socially Responsible Investing (SRI) refers to how investors analyze companies based on their ESG disclosures and Corporate Social Responsibility (CSR) practices.
The document discusses examining the importance of environmental, social, and governance (ESG) concerns within corporations. It defines ESG and provides examples of how companies address the environmental, social, and governance aspects. It discusses how ESG benefits both internal stakeholders like employees and investors, as well as external stakeholders like communities and customers. The document also summarizes a Deloitte survey finding that while companies have made progress addressing ESG concerns of younger generations, most employees remain dissatisfied. Specifically, concerns around harassment, work-life balance, and climate change were highlighted.
ESG is best characterized as a framework that helps stakeholders understand how an organization is managing risks and opportunities related to environmental, social, and governance criteria.
The document discusses an energy company's efforts to reduce emissions and enable the transition to a lower carbon future. It outlines the company's commitment to achieving net zero emissions by 2040 for Scope 1 and 2 emissions. It also details various initiatives to reduce methane leaks from pipelines and other infrastructure, increase the efficiency of compressor stations, and ensure assets are ready to transport hydrogen and other renewable gases. The company is working with suppliers and international partners to reduce Scope 3 emissions and promote decarbonization across its value chain.
This presentation helps you gain a good understanding of the fundamentals of ESG by explaining the following.
1. What is ESG - Definition and ESG Issues
2. What is ESG VS Responsible Investment (RI) - Definition of RI | Relationship between ESG and RI | Investment profile of RI vs Sustainable Investing vs Impact Investing
3. Why is ESG Important - Two Main Reasons
4. Who should Care about ESG - Key Stakeholders
5. Why They should Care - Reasons for each Stakeholder to Understand and Consider ESG Integration
6. How to Integrate ESG into Investment Process - Overview of Traditional vs ESG-Integrated Investment Process
The document provides an overview of ESG (Environmental, Social, Governance) reporting. It defines key ESG terms like sustainability and outlines the three pillars of ESG: environmental, social, and governance. The document discusses the business case for ESG reporting, including strategic benefits like improved brand reputation, financial benefits like lower cost of capital, and operational benefits like resource efficiency. It also examines the ESG ecosystem involving frameworks, standards, software providers, data providers, analysts and users. In a case study, it outlines steps FedEx took through its Fuel Sense program to reduce fuel consumption and carbon emissions.
Environmental, social and governance (ESG) refers to the three main areas of concern that have developed as central factors in measuring the sustainability and ethical impact of an investment in a company or business. These areas cover a broad set of concerns increasingly included in the non-financial factors that figure in the valuation of equity, real-estate, corporate, and fixed-income investments. ESG is the catch-all term for the criteria used in what has become known as socially-responsible investing. Socially responsible investing is among several related concepts and approaches that influence and, in some cases govern, how asset managers invest portfolios.
The document provides guidance for companies listed on Nasdaq Nordic exchanges on reporting environmental, social and governance (ESG) metrics. It recommends a set of 11 ESG metrics that are most material for investors based on their prevalence in reporting frameworks, potential to impact company performance, and practicality for companies to report. The suggested metrics cover topics like greenhouse gas emissions, energy use, water and waste management, diversity and pay equity, and business ethics. Companies are encouraged to publicly report on these metrics and engage with stakeholders to improve access to capital, profitability, risk management and reputation. Overall the guidance aims to help companies meet growing investor demand for ESG data and contribute to sustainable development.
The document discusses sustainability reporting and frameworks for reporting. It provides definitions and explanations of sustainability reporting, its importance, and common frameworks used like the GRI Standards. The GRI framework is explained in depth, including its development, structure, principles, and types of performance indicators. National and global scenarios for sustainability reporting are also summarized.
ESG Integration Case Studies (SASB Edition)Nawar Alsaadi
The document discusses several case studies of asset managers integrating ESG factors using the SASB standards. It provides examples of how Temasek, Neuberger Berman, and Glenmede Investment Management incorporate ESG analysis into their investment processes. Temasek enhanced its climate analysis and engagement efforts. Neuberger Berman identifies material ESG issues using SASB and engages with companies to address issues. It provides an example of engaging with a Japanese company on IT resilience and diversity. Glenmede Investment Management incorporates an ESG momentum strategy that identifies stocks with improving ESG performance.
Presentation on draft target validation criteria for financial institutions to align their investment and lending activities with the goals of the Paris Agreement.
Learn more: https://www.wri.org/events/2020/02/workshop-science-based-target-setting-financial
global reporting initiative & sustainability reportingNidhi Mathai
The document discusses sustainability reporting and the Global Reporting Initiative (GRI) framework for sustainability reporting. It provides information on:
- What sustainability reporting is and its importance for companies.
- The GRI sustainability reporting framework, including its principles, standard disclosures, and sector supplements.
- How the GRI framework has evolved over time from G3 to G4 guidelines.
- Key performance indicators reported in sustainability reports across economic, environmental, social, and governance topics.
- National and global trends in sustainability reporting adoption.
Environmental and Social Due Diligence ESG AssessmentsRSM GC
RSM GC Advisory Services is a leading provider of sustainability and ESG services, having completed over 500 projects globally. They offer a range of services including ESG assessments, sustainability reporting and certifications, carbon credit projects, energy audits and advisory. Their team has extensive experience across sectors and geographies. Implementing sound ESG practices provides benefits such as cost savings, risk management, and improved access to capital and markets. RSM GC aims to help clients adopt sustainable business strategies and manage ESG risks and opportunities.
This document discusses sustainability reporting and how companies decide which sustainability initiatives to pursue. It provides insight into how companies gather, assess, and disseminate information about their socially responsible activities. Specifically, it outlines the benefits of sustainability reporting, how to embed sustainability in organizations, identifying material sustainability matters, managing these matters, and communicating performance through reporting.
This document provides information about RSM GC Advisory Services Pvt. Ltd., a sustainability consulting firm. It discusses the company's leadership in sustainability services across multiple sectors and geographies in India, Southeast Asia, and Africa. The document outlines the company's approach to sustainability which involves an initial diagnostic study, developing sustainability strategies and policies, setting targets and KPIs, implementing performance management systems, and preparing sustainability reports. It provides an overview of the company's service offerings and team of experts who have extensive experience in areas like emissions reduction projects, policy formulation, and delivering value to clients in the energy, infrastructure, mining, and other sectors.
This Research Spotlight provides a summary of the academic literature on environmental, social, and governance (ESG) activities including:
• The relation between ESG activities and firm value
• The impact of environmental and social engagements on firm performance
• The market reaction to ESG events
• The relation between ESG and agency problems
• The performance of socially responsible investment (SRI) funds
This Research Spotlight expands upon issues introduced in the Quick Guide “Investors and Activism”.
Leading player in Energy and Sustainability Services
Led more than 500 sustainability service offerings( CSR, EIAs, LCAs, CDM, Environmental Finance etc.)
Sectors( Energy and Infrastructure, Mines and Metals, Manufacturing, Habitats, Forestry, Agriculture) and
Geographies (India, Srilanka, Thailand, Philippines, Indonesia, Nigeria, Kenya, Tanzania)
Clients (Governments, Multilaterals, UN, Business groups, NGOs)
Delivered more than 500 million USD benefits to clients
Operating across India, South East Asia and Africa
Presentation by Vittorio Lusvarghi, chair of the Professional Accountants in Business Committee Sustainability Task Force, at the Institute of Cost Accountants of India's National Cost Convention, New Delhi, India, March 2012.
What is an ESG Audit?
Environmental, social and governance (ESG) risks are inevitable for every business. But how these issues are collected, managed and reported are what will make the difference between a company that is prepared or not.
The deck sets the scene by introducing the current sustainability context, the Global Reporting Initiative's (GRI- https://www.globalreporting.org/Pages/default.aspx) role in providing metrics for measuring and communicating on sustainability performance and impacts. With numerous reporting requirements out there for organizations to comply with, the deck also explains GRI's collaborative efforts in aligning with other Frameworks.
The presentation was made during the April 2013 'CSR and Sustainability in extractive and energy industries. UK global expertise' week in London. The audience was comprised of representatives from the Oil and Gas and Mining sectors, from Russia and Kazakhstan, who were relatively new to sustainability reporting. The deck puts forward the business case for reporting on sustainability performance and impacts, and includes brief sector-specific information on sustainability reporting trends in those two sectors.
Besides providing a framework for organizations to use, GRI also offer support and guidance - what this means exactly is clarified in the deck.
January 2024. Environmental, Social, and Governance (ESG) is a framework that helps investors evaluate how a company manages risk and opportunities around sustainability issues. ESG takes a comprehensive view that extends beyond the environmental aspect to include the social and corporate governance aspects.
ESG metrics are non-financial indicators that evaluate companies' ESG performance. They are quantitative, such as GHG emissions; and qualitative, such as Diversity, Equity, and Inclusion (DEI).
ESG reporting is the public disclosure of ESG data. Its purpose is to shed light on a company’s ESG activities and improve transparency with investors.
ESG reporting offers many advantages to a business, including improved reputation, being more attractive to investors, competitive advantage, improved performance, resilient and sustainable business, capacity building, and climate change mitigation.
However, ESG reporting faces challenges such as the lack of a universal standard, being complex requiring specialized expertise, risk of greenwashing, and constantly changing regulations.
An ESG framework is a structured approach to ESG reporting. Using an ESG framework produces measurable, actionable, and credible results.
ESG standards translate ESG framework principles into action by specifying factors such as metrics, methodologies, and reporting formats. The absence of a universal ESG reporting standard has resulted in reliance on various standards.
The most commonly used ESG reporting standards include Task Force on Climate related Financial Disclosures (TCFD) and United Nations Global Compact (UNGC).
ESG compliance refers to meeting or exceeding ESG guidelines established by the compliance frameworks and regulatory bodies.
An ESG rating, also called an ESG score, provides a benchmark for investors to evaluate a company’s ESG performance and compare it to other companies.
Policy wise, the Sustainable Stock Exchanges (SSE) initiative was launched in 2009 to improve corporate transparency and performance on ESG issues. The SSE is coordinated by United Nations Global Compact (UNGC), UN Conference on Trade and Development (UNCTAD), and UN Department of Economic and Social Affairs (UNDESA).
In this slideshow, you will learn about the definition, advantages, challenges, implementation steps, UN policy, and global statistics of ESG reporting. For more slideshows on environmental sustainability, please visit s2adesign.com
Here is a slide deck on environmental and social governance investing. This is a long tern investment strategy that plays a large role in helping influence companies to take care of the environment around us.
Commercial banks and the shift to a low carbon economyGoran Tosev
The document discusses the role of commercial banks in addressing climate change and financing the transition to a low-carbon economy. It provides an overview of ABN AMRO and RBS's sustainability strategies, which include managing environmental and social risks, reducing their carbon footprints, and developing low-carbon banking products and services like renewable energy financing. Commercial banks are well-positioned to help scale up low-carbon technologies by providing various financial services, but need to collaborate with other stakeholders such as developers and research institutions to accelerate their commercial viability.
This document discusses sustainability reporting in the Australian banking sector. It provides background on the sector and outlines the current reporting frameworks used. It analyzes the sustainability reports of four major Australian banks and finds that while reporting is comprehensive, there is still room for improvement in areas like social and environmental transparency, governance, and addressing challenges. The document concludes with recommendations like aligning bank incentives with community interests, defining disclosure requirements, and increasing government oversight of public interest.
ESG is best characterized as a framework that helps stakeholders understand how an organization is managing risks and opportunities related to environmental, social, and governance criteria.
The document discusses an energy company's efforts to reduce emissions and enable the transition to a lower carbon future. It outlines the company's commitment to achieving net zero emissions by 2040 for Scope 1 and 2 emissions. It also details various initiatives to reduce methane leaks from pipelines and other infrastructure, increase the efficiency of compressor stations, and ensure assets are ready to transport hydrogen and other renewable gases. The company is working with suppliers and international partners to reduce Scope 3 emissions and promote decarbonization across its value chain.
This presentation helps you gain a good understanding of the fundamentals of ESG by explaining the following.
1. What is ESG - Definition and ESG Issues
2. What is ESG VS Responsible Investment (RI) - Definition of RI | Relationship between ESG and RI | Investment profile of RI vs Sustainable Investing vs Impact Investing
3. Why is ESG Important - Two Main Reasons
4. Who should Care about ESG - Key Stakeholders
5. Why They should Care - Reasons for each Stakeholder to Understand and Consider ESG Integration
6. How to Integrate ESG into Investment Process - Overview of Traditional vs ESG-Integrated Investment Process
The document provides an overview of ESG (Environmental, Social, Governance) reporting. It defines key ESG terms like sustainability and outlines the three pillars of ESG: environmental, social, and governance. The document discusses the business case for ESG reporting, including strategic benefits like improved brand reputation, financial benefits like lower cost of capital, and operational benefits like resource efficiency. It also examines the ESG ecosystem involving frameworks, standards, software providers, data providers, analysts and users. In a case study, it outlines steps FedEx took through its Fuel Sense program to reduce fuel consumption and carbon emissions.
Environmental, social and governance (ESG) refers to the three main areas of concern that have developed as central factors in measuring the sustainability and ethical impact of an investment in a company or business. These areas cover a broad set of concerns increasingly included in the non-financial factors that figure in the valuation of equity, real-estate, corporate, and fixed-income investments. ESG is the catch-all term for the criteria used in what has become known as socially-responsible investing. Socially responsible investing is among several related concepts and approaches that influence and, in some cases govern, how asset managers invest portfolios.
The document provides guidance for companies listed on Nasdaq Nordic exchanges on reporting environmental, social and governance (ESG) metrics. It recommends a set of 11 ESG metrics that are most material for investors based on their prevalence in reporting frameworks, potential to impact company performance, and practicality for companies to report. The suggested metrics cover topics like greenhouse gas emissions, energy use, water and waste management, diversity and pay equity, and business ethics. Companies are encouraged to publicly report on these metrics and engage with stakeholders to improve access to capital, profitability, risk management and reputation. Overall the guidance aims to help companies meet growing investor demand for ESG data and contribute to sustainable development.
The document discusses sustainability reporting and frameworks for reporting. It provides definitions and explanations of sustainability reporting, its importance, and common frameworks used like the GRI Standards. The GRI framework is explained in depth, including its development, structure, principles, and types of performance indicators. National and global scenarios for sustainability reporting are also summarized.
ESG Integration Case Studies (SASB Edition)Nawar Alsaadi
The document discusses several case studies of asset managers integrating ESG factors using the SASB standards. It provides examples of how Temasek, Neuberger Berman, and Glenmede Investment Management incorporate ESG analysis into their investment processes. Temasek enhanced its climate analysis and engagement efforts. Neuberger Berman identifies material ESG issues using SASB and engages with companies to address issues. It provides an example of engaging with a Japanese company on IT resilience and diversity. Glenmede Investment Management incorporates an ESG momentum strategy that identifies stocks with improving ESG performance.
Presentation on draft target validation criteria for financial institutions to align their investment and lending activities with the goals of the Paris Agreement.
Learn more: https://www.wri.org/events/2020/02/workshop-science-based-target-setting-financial
global reporting initiative & sustainability reportingNidhi Mathai
The document discusses sustainability reporting and the Global Reporting Initiative (GRI) framework for sustainability reporting. It provides information on:
- What sustainability reporting is and its importance for companies.
- The GRI sustainability reporting framework, including its principles, standard disclosures, and sector supplements.
- How the GRI framework has evolved over time from G3 to G4 guidelines.
- Key performance indicators reported in sustainability reports across economic, environmental, social, and governance topics.
- National and global trends in sustainability reporting adoption.
Environmental and Social Due Diligence ESG AssessmentsRSM GC
RSM GC Advisory Services is a leading provider of sustainability and ESG services, having completed over 500 projects globally. They offer a range of services including ESG assessments, sustainability reporting and certifications, carbon credit projects, energy audits and advisory. Their team has extensive experience across sectors and geographies. Implementing sound ESG practices provides benefits such as cost savings, risk management, and improved access to capital and markets. RSM GC aims to help clients adopt sustainable business strategies and manage ESG risks and opportunities.
This document discusses sustainability reporting and how companies decide which sustainability initiatives to pursue. It provides insight into how companies gather, assess, and disseminate information about their socially responsible activities. Specifically, it outlines the benefits of sustainability reporting, how to embed sustainability in organizations, identifying material sustainability matters, managing these matters, and communicating performance through reporting.
This document provides information about RSM GC Advisory Services Pvt. Ltd., a sustainability consulting firm. It discusses the company's leadership in sustainability services across multiple sectors and geographies in India, Southeast Asia, and Africa. The document outlines the company's approach to sustainability which involves an initial diagnostic study, developing sustainability strategies and policies, setting targets and KPIs, implementing performance management systems, and preparing sustainability reports. It provides an overview of the company's service offerings and team of experts who have extensive experience in areas like emissions reduction projects, policy formulation, and delivering value to clients in the energy, infrastructure, mining, and other sectors.
This Research Spotlight provides a summary of the academic literature on environmental, social, and governance (ESG) activities including:
• The relation between ESG activities and firm value
• The impact of environmental and social engagements on firm performance
• The market reaction to ESG events
• The relation between ESG and agency problems
• The performance of socially responsible investment (SRI) funds
This Research Spotlight expands upon issues introduced in the Quick Guide “Investors and Activism”.
Leading player in Energy and Sustainability Services
Led more than 500 sustainability service offerings( CSR, EIAs, LCAs, CDM, Environmental Finance etc.)
Sectors( Energy and Infrastructure, Mines and Metals, Manufacturing, Habitats, Forestry, Agriculture) and
Geographies (India, Srilanka, Thailand, Philippines, Indonesia, Nigeria, Kenya, Tanzania)
Clients (Governments, Multilaterals, UN, Business groups, NGOs)
Delivered more than 500 million USD benefits to clients
Operating across India, South East Asia and Africa
Presentation by Vittorio Lusvarghi, chair of the Professional Accountants in Business Committee Sustainability Task Force, at the Institute of Cost Accountants of India's National Cost Convention, New Delhi, India, March 2012.
What is an ESG Audit?
Environmental, social and governance (ESG) risks are inevitable for every business. But how these issues are collected, managed and reported are what will make the difference between a company that is prepared or not.
The deck sets the scene by introducing the current sustainability context, the Global Reporting Initiative's (GRI- https://www.globalreporting.org/Pages/default.aspx) role in providing metrics for measuring and communicating on sustainability performance and impacts. With numerous reporting requirements out there for organizations to comply with, the deck also explains GRI's collaborative efforts in aligning with other Frameworks.
The presentation was made during the April 2013 'CSR and Sustainability in extractive and energy industries. UK global expertise' week in London. The audience was comprised of representatives from the Oil and Gas and Mining sectors, from Russia and Kazakhstan, who were relatively new to sustainability reporting. The deck puts forward the business case for reporting on sustainability performance and impacts, and includes brief sector-specific information on sustainability reporting trends in those two sectors.
Besides providing a framework for organizations to use, GRI also offer support and guidance - what this means exactly is clarified in the deck.
January 2024. Environmental, Social, and Governance (ESG) is a framework that helps investors evaluate how a company manages risk and opportunities around sustainability issues. ESG takes a comprehensive view that extends beyond the environmental aspect to include the social and corporate governance aspects.
ESG metrics are non-financial indicators that evaluate companies' ESG performance. They are quantitative, such as GHG emissions; and qualitative, such as Diversity, Equity, and Inclusion (DEI).
ESG reporting is the public disclosure of ESG data. Its purpose is to shed light on a company’s ESG activities and improve transparency with investors.
ESG reporting offers many advantages to a business, including improved reputation, being more attractive to investors, competitive advantage, improved performance, resilient and sustainable business, capacity building, and climate change mitigation.
However, ESG reporting faces challenges such as the lack of a universal standard, being complex requiring specialized expertise, risk of greenwashing, and constantly changing regulations.
An ESG framework is a structured approach to ESG reporting. Using an ESG framework produces measurable, actionable, and credible results.
ESG standards translate ESG framework principles into action by specifying factors such as metrics, methodologies, and reporting formats. The absence of a universal ESG reporting standard has resulted in reliance on various standards.
The most commonly used ESG reporting standards include Task Force on Climate related Financial Disclosures (TCFD) and United Nations Global Compact (UNGC).
ESG compliance refers to meeting or exceeding ESG guidelines established by the compliance frameworks and regulatory bodies.
An ESG rating, also called an ESG score, provides a benchmark for investors to evaluate a company’s ESG performance and compare it to other companies.
Policy wise, the Sustainable Stock Exchanges (SSE) initiative was launched in 2009 to improve corporate transparency and performance on ESG issues. The SSE is coordinated by United Nations Global Compact (UNGC), UN Conference on Trade and Development (UNCTAD), and UN Department of Economic and Social Affairs (UNDESA).
In this slideshow, you will learn about the definition, advantages, challenges, implementation steps, UN policy, and global statistics of ESG reporting. For more slideshows on environmental sustainability, please visit s2adesign.com
Here is a slide deck on environmental and social governance investing. This is a long tern investment strategy that plays a large role in helping influence companies to take care of the environment around us.
Commercial banks and the shift to a low carbon economyGoran Tosev
The document discusses the role of commercial banks in addressing climate change and financing the transition to a low-carbon economy. It provides an overview of ABN AMRO and RBS's sustainability strategies, which include managing environmental and social risks, reducing their carbon footprints, and developing low-carbon banking products and services like renewable energy financing. Commercial banks are well-positioned to help scale up low-carbon technologies by providing various financial services, but need to collaborate with other stakeholders such as developers and research institutions to accelerate their commercial viability.
This document discusses sustainability reporting in the Australian banking sector. It provides background on the sector and outlines the current reporting frameworks used. It analyzes the sustainability reports of four major Australian banks and finds that while reporting is comprehensive, there is still room for improvement in areas like social and environmental transparency, governance, and addressing challenges. The document concludes with recommendations like aligning bank incentives with community interests, defining disclosure requirements, and increasing government oversight of public interest.
1) The banking industry plays a central role in the global economy and has the potential to promote more sustainable practices through its lending decisions.
2) Several emerging economies like Bangladesh, Brazil, China, Colombia, and Indonesia have taken a regulatory approach and implemented policies to integrate environmental and social risk considerations into banking practices.
3) These policies include guidelines for evaluating client environmental performance, restricting loans to polluting industries, and offering preferential rates for green projects. The policies aim to promote sustainable development through the financial sector.
The document discusses the business case for corporate sustainability and responsibility. It outlines several drivers that are pushing companies to adopt more sustainable practices, including increased regulation, resource scarcity, climate change, globalization, and public scrutiny. It argues that sustainability is a strategic issue that protects reputation and differentiation rather than just an attempt to "save the world". The document provides examples of how Kuoni, a travel company, incorporates sustainability into its business strategy and operations through initiatives like sustainable supply chain management, capacity building for suppliers, and improving working conditions in hotels.
6. unep fi presentation.ukraine. may 2011csrcentre
This document discusses corporate social responsibility (CSR) and sustainability issues that are important for investors. It notes that over $432 billion of financial stimulus packages have been tagged as "green" and sustainability is becoming a new investment criteria for many large institutional investors. The document outlines some of the initiatives and indexes that have been developed related to CSR and sustainability reporting. It also discusses how environmental issues can transform into material financial risks for companies if not properly managed. The document concludes by discussing the information that investors are looking for from companies regarding their environmental, social and governance performance.
FULL TITLE:
Sustainable Environment: Using Microfinance and People’s Own Initiatives to Propel Investment in Renewable Energy, Water and Sanitation
ROOM: Lenana Hall
Translated session: English & French
PANEL:
Panelist: Mr. Patrick Lumumba, East Africa Watercredit Program Officer, Water.org, Kenya
Panelist: Mr. Ziad Al Refai, Executive Director, Jordan Micro Credit Company ''Tamweelcom'', Jordan
Panelist: Mr. David Kuria, CEO, Ecotact Limited, Kenya
Panelist: Mr. Abser Kamal, Managing Director, Grameen Shakti, Bangladesh
Market Insights from Top Researchers, Part 2: Market Conditions, Incentives, ...Sustainable Brands
In this data-rich session, top-notch researchers will share their latest observations around the state of play of corporate sustainability within the broader economy, focusing on appetizing new market conditions, incentives, ROI studies and risk management opportunities. Each presentation will be followed by Q&A allowing attendees to glean additional insight on the spot and identify knowledge gaps by discussing the landscape of available data. Expect a wealth of hard information, accompanied by a great opportunity for Q&A with researchers and peers to help inform your strategy for 2014 and beyond.
This document provides guidance for Vietnamese companies on sustainability reporting. It outlines the main global reporting standards, the steps in the reporting process, and key aspects of business performance that should be covered, such as environmental, social and governance issues. The purpose is to help Vietnamese companies understand why and how to report on sustainability so they can improve their performance, attract investors and comply with stock exchange requirements. It was developed by the State Securities Commission of Vietnam and IFC to promote sustainability reporting among listed companies.
"The playbook captures the journey of 26 FinTech hubs in emerging markets, their experiences and learnings in the process of building a strong financial services ecosystem. This report serves to facilitate hubs to think global and act local through an appreciation of global trends, local drivers and regional opportunities."
The playbook captures the journey of 26 FinTech hubs in emerging markets, their experiences and learnings in the process of building a strong financial services ecosystem.
This report serves to facilitate hubs to think global and act local through an appreciation of global trends, local drivers and regional opportunities.
The playbook captures the journey of 26 FinTech hubs in emerging markets, their experiences and learnings in the process of building a strong financial services ecosystem.
This report serves to facilitate hubs to think global and act local through an appreciation of global trends, local drivers and regional opportunities.
Brand Academy provides details brand analysis, research, article and insights for free.
Contact us :
brandsmentor@gmail.com
https://www.facebook.com/1stbrandsacademy
CORPORATE SOCIAL RESPONSIBILITY
Our Vision
To remain market leader and technology pace setter in the engineering and electronics industry by utilizing the high-tech engineering expertise of the Siemens Group worldwide. To maintain our strong and prominent local presence.
Our Mission
Providing quality to our customers at competitive prices, to their complete satisfaction.
Generating earnings sufficient to ensure a secure future for the company and to protect and increase our shareholders/stakeholders' investment.
To enhance creativity and job satisfaction of our employees by providing opportunities for personal development, limited only by their own ability and drive.
To contribute to the national economy, whilst realizing a strong sense of responsibility to society and the environment.
To enhance the investment of our customers through Human Excellence, our Technology, our Processes, our High Standards of Quality and Financial Strength.
To support and strive for technology transfer to Pakistan through our global resources and local Presence.
INTERVIEW
Q1) How corporate social responsibility impacts businesses?
Q2) Who Benefits From Corporate Social Responsibility?
Q3) Why should businesses care about their social and environmental responsibilities?
Q4)Do you publish any quarterly or yearly sustainability report?
Q5) Is there a correlation between CSR and a business’s financial performance?
Q6) What does CSR mean to the average citizen /consumer?
Q7)What is Corporate Philanthropy? Do you believe in that?
Q8) How do you relate CSR with marketing strategies?
Q9) What is your allocated budget for CSR on annual basis?
Q10) Do you think there is a place for such programs at a time of economic deceleration?
Siemens A Global Perspective
Sustainability is the guiding principle for our daily business practices
Sustainability are closely linked to our company values – excellent, innovative, and responsible
Sustainability is our contribution to a more equitable world economy and the provision of energy-efficient, durable products and solutions for our customers.
Sustainability Goals
Help customers reduce their CO2 emissions by 300 million tons
Grow Environmental Portfolio revenue to €40 billion
Improve CO2 efficiency by 20 percent
Increase water efficiency by 20 percent
Environment, Health and Safety
Siemens has introduced a Corporate Environmental Protection Program (Environmental Program)
The key components of the Environmental Program are:
The company-wide introduction of an environmental management system.
The improvement of resource and energy efficiency in production.
An expansion of our environmental portfolio.
The document discusses a presentation given by Giancarlo Attolini, Chair of the IFAC SMP Committee, at CReCER 2013 in Cartegena, Colombia. The presentation covers:
1) The importance of SMEs and SMPs in supporting private sector growth.
2) Key findings from the IFAC SMP Quick Poll on challenges facing SMEs and SMPs, including regulatory burden and economic uncertainty.
3) The role and activities of the IFAC SMP Committee in developing standards and guidance, and facilitating implementation through resources like implementation guides.
The document discusses ethical banking practices through a case study of the Co-operative Bank UK PLC. It summarizes the bank's operations which are centered around a commitment to both economic profitability and socioenvironmental profitability. The bank incorporates ethical values and principles into its governance, financial management, business processes, products/services, and stakeholder management. It also focuses on developing its employees and the community through various social and educational initiatives. The presenters aim to share best practices in ethical banking that Malaysian banks could learn from and adopt.
BBVA provides banking services with a focus on social responsibility and positive impact. It aims to have transparent, clear and responsible relationships with customers. Some of its key initiatives include financial education programs that have reached over 6.7 million people, microfinance programs that serve over 1.7 million customers, support for SMEs and entrepreneurs, addressing climate change through green financing and reducing its own environmental impact, and promoting a culture of social commitment among employees through volunteering and diversity programs.
The FinTech ecosystem playbook captures the journey of 26 FinTech hubs in the emerging markets — their experiences and learnings in the process of building a strong financial services ecosystem. The teams highlight the best industry practices from these markets so that participants learn from each other.
This document provides an overview of macroeconomic conditions and the banking industry in Vietnam, and details about VietinBank. The macroeconomic section notes GDP growth rates from 2015 to the first half of 2020, inflation rates, unemployment, export/import figures, FDI, and exchange rates. It also discusses credit growth and profitability in the banking industry. The document then profiles VietinBank, outlining its history, mission, organizational structure, investment highlights including a strong innovation focus, extensive network, credit ratings, technology platform, and human resources. Performance metrics and business orientation for 2020 are also reviewed.
ESG Is No Longer Optional. What Every Private Equity Manager Should KnowNavatar
Recording: https://www.youtube.com/watch?v=K5NBmZs84gY&feature=youtu.be
Responsible investment (or ESG), once a do-good sideshow, is becoming mainstream. Private equity managers must consider a host of issues, from gender diversity to carbon emissions, or risk losing investor capital and deals. The trend is only growing.
The challenge today is formalizing ESG policies to meet heightened standards. In this webinar, Navatar in conjunction with Invest Europe, brought together leading ESG thinkers from the industry to discuss how GPs should present their ESG framework to investors, what to consider during pre-investment due diligence, and ultimately portfolio monitoring and exit.
We address:
- Why your ESG strategy can make or break a deal
- What LPs want to see in your policies/practices
- Bringing your ESG DDQ to the next level
-Automation, plastics and other emerging ESG risks
Speakers:
- Maaike van der Schoot, Responsible Investment Officer, AlpInvest Partners
- James Holley, Head of ESG, Bridgepoint
- Graeme Ardus, Head of ESG, Triton Partners
- Jaideep Das, Partner, ERM
Similar to IFC - PROMOTING ENVIRONMENTAL AND SOCIAL RISK MANAGEMENT (ESRM) IN THE FINANCIAL SECTOR OF PAKISTAN (20)
International Environmental Impact Assessment - Atkins.pdfzubeditufail
This document provides an overview of Atkins' experience conducting environmental impact assessments (EIAs). It discusses:
1) Atkins' expertise in conducting all stages of the EIA process for major development projects across multiple sectors, including screening, scoping, baseline studies, and preparing environmental statements.
2) Examples of large-scale EIA projects Atkins has conducted, such as for the 2012 London Olympics and various infrastructure and resort developments.
3) Atkins' ability to support EIAs with specialists across relevant environmental topics and technical areas related to different industry sectors.
Use of fungus bricks in construction sectorzubeditufail
This document discusses the potential use of fungus bricks in the construction sector. It notes that the construction sector contributes significantly to global carbon emissions. Fungus bricks offer a more sustainable and environmentally friendly alternative to traditional building materials. They are made from agricultural waste and fungi roots, making them biodegradable. Fungus bricks also have benefits such as being lightweight, providing insulation, expanding easily under different conditions, and allowing for a fast and low-cost production process. The document expresses support for exploring fungus bricks and other innovations that can reduce the environmental impact of construction.
This document provides information about an ISO 45001:2018 awareness training being offered by SPMC Consultants. The 3-hour online training will be conducted on July 18, 2020 from 10:00 to 13:00 via Zoom/Skype. It will provide an introduction and clause by clause understanding of the ISO 45001 standard. The training is aimed at production managers, compliance professionals, professionals involved in quality management systems, and fresh graduates. Interested participants can register by email or SMS for Rs. 3,500 per person and will receive a certificate upon completion.
SPMC - Pakistan training iso 14001 EMS awarenesszubeditufail
SPMC Consultants is offering an online ISO 14001:2015 Awareness Training on July 15, 2020 from 11:00 to 13:00 via Zoom/Skype. The trainer, Engr. Tufail Ali Zubedi, has over 20 years of experience facilitating the design and implementation of ISO 14001 environmental management systems for organizations in Pakistan and Bangladesh. The training will provide an introduction to the history and requirements of ISO 14001:2015 and is intended for environmentalists, engineers, compliance professionals, and others involved in environmental management systems. The cost is Rs. 2,500 per person and registration can be completed by email or SMS.
SPMC - Pakistan training iso 9001 QMS awarenesszubeditufail
This document provides information about an ISO 9001:2015 awareness training session hosted by SPMC Consultants. The training will be conducted online on July 16, 2020 from 11:00 to 13:00 via Zoom/Skype. It will be led by Engr. Tufail Ali Zubedi, who has over 10 years of experience implementing ISO 9001 quality management systems. The training will provide an introduction and history of ISO 9001:2015 and is aimed at production managers, engineers, compliance professionals, and graduates interested in quality management.
SPMC - Pakistan Training Calendar 2020zubeditufail
The SPMC training calendar for 2020 outlines various environmental, health, and safety courses being offered each month, including auditing techniques, ISO management system courses, environmental laws, occupational safety, first aid, effluent treatment, waste management, and chemical storage. Courses cover topics such as auditing, ISO 9001 and 14001 implementation, environmental protection laws, occupational health and safety, hazard waste management, and more. The calendar provides contact information for inquiries.
This document outlines the activities that need to be conducted each month over a 12 month period to implement an ISO 9001 quality management system. It includes requirements for establishing the quality management system such as understanding organizational context, developing documented information, and defining roles and responsibilities. It also includes recurring monthly activities for supporting the quality system through training, communication, and document control as well as operations such as product design, production control, and auditing. The timeline shows that initial setup and documentation occurs in the first few months, with ongoing monitoring, review and improvement activities occurring each subsequent month.
The General Principles of Food Hygiene lay the foundation for ensuring food safety along the entire food chain. They recommend applying Hazard Analysis and Critical Control Point (HACCP) systems to control key hygiene hazards at each stage of production, processing, and consumption. Adhering to these principles and good manufacturing practices allows food producers to operate safely and simplifies implementing HACCP plans. The principles provide internationally recognized guidelines for food hygiene controls to ensure food is suitable for consumption.
APPLICATION IN FORM - I FOR PRIOR ENVIRONMENTAL CLEARANCEzubeditufail
APPLICATION IN FORM - I FOR PRIOR ENVIRONMENTAL CLEARANCE IN RESPECT OF THE
PROPOSED KHAIRAGURA OPENCAST EXPANSION COAL
MINING PROJECT NEAR KHAIRAGURA VILLAGE,
TIRIYANI MANDAL, ADILABAD DISTRICT, A.P.
DEPARTMENT OF ENVIRONMENT
THE SINGARENI COLLIERIES COMPANY LIMITED
(A Government Company)
KOTHAGUDEM COLLIERIES-507101 (A.P)
JANUARY 2013
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Directorate of Urban Policy & Strategic Planning, Planning & Development Department, Government of Sindh
Karachi Neighborhood Improvement Project
Environmental and Social Management Framework (ESMF)
February 2017
This document provides a self-assessment checklist for organizations to evaluate their compliance with the requirements of the OHSAS 18001:2007 standard for occupational health and safety management systems. The checklist restates the requirements of the standard and includes questions for organizations to assess how their system addresses each requirement. It also includes space for organizations to comment on the status of their system for each requirement. The checklist is intended to be an effective tool for both implementing an OH&S management system and conducting self-assessments of the system.
Guiding Principles and Recommendations for Responsible Business Operations in and around Key Biodiversity Areas (KBAs)
A collaborative project of the KBA Partnership coordinated by IUCN
Draft 2 for public consultation
2 December 2016
For any query about this document or the project, please contact Giulia Carbone, Deputy Director, Global Business and Biodiversity Programme, IUCN (Giulia.carbone@iucn.org).
A global standard_for_the_identification_of_key_biodiversity_areas_final_webzubeditufail
This document presents a global standard for identifying Key Biodiversity Areas (KBAs). It was developed by the IUCN Species Survival Commission and World Commission on Protected Areas to harmonize existing approaches and identify important sites not yet covered. The standard provides consistent, objective and quantitative criteria to identify sites that significantly contribute to global persistence of biodiversity. Identifying KBAs will help expand protected area networks and inform other decisions supporting biodiversity conservation. While the standard focuses on sites of global significance, locally or nationally important areas are also recognized.
The Daily Dawn newspaper - millineium development goals report - Pakistanzubeditufail
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document summarizes concerns about the environmental impact assessment of two proposed coal projects in Pakistan: a barge-mounted power station and a coal yard and conveyor belt project. It notes that the EIA process did not properly address issues like pollution impacts on local communities, impacts on marine life from heated wastewater, and inaccurate modeling of air pollution impacts. It also argues that alternatives were not adequately considered and the EIA did not follow the proper review and public comment process. The letter requests that the EIA be rejected and redone to properly address environmental and health impacts.
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A proprietary approach developed by bringing together the best of learning theories from Psychology, design principles from the world of visualization, and pedagogical methods from over a decade of training experience, that enables you to: Learn better, faster!
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The temple and the sanctuary around were dedicated to Asklepios Zmidrenus. This name has been known since 1875 when an inscription dedicated to him was discovered in Rome. The inscription is dated in 227 AD and was left by soldiers originating from the city of Philippopolis (modern Plovdiv).
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This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
2. OUTLINE
• The concept of ESRM
• Global ESRM programme
• Challenges faced by the bankers
• Why ESRM is important for clients
• Why ESRM is important for Banks
• Way forward
2
4. QUICK STATS
“Annual cost of environmental degradation in Pakistan is about 4.3 % of GDP (US
$ 4.3 billion)”. ---SUPARCO
“Pakistan had needed to spend Rs82.5 billion on industrial environment management
between 1997 and 2010, but actually spent only around Rs7.5 billion, leaving a deficit
of Rs75 billion. If we continue polluting our ecosystem at the current rates, this deficit
could climb to Rs140 billion by 2025.”--- Express Tribune, 2012
“741 cases registered against factory owners for not complying with the
National Environmental Quality Standards (NEQS), 339 have been settled
while remaining 402 cases are still under consideration of the
Environmental Tribunals”.---The Nation, 2010
4
5. WHAT IS ENVIRONMENTAL & SOCIAL RISK
MANAGEMENT (ESRM) FOR FINANCIAL
INSTITUTIONS?
Sustainable finance (ESRM for FIs) can be defined as
the provision of financial capital and risk
management products and services in ways that
promote or do not harm economic prosperity, the
ecology and community well-being.
Sustainable Finance does not mean saving the
environment just for the sake of saving it.
Sustainable Finance means good business for FIs.
Scope of ESRM
Project Finance Corporate Finance SME
6. WHY IS SUSTAINABILITY IMPORTANT
FOR CLIENTS?
6
Reputational Risk
Compliance
Access to New Markets
Cost saving
Loss reduction
Clients don’t care for the Environment because of the goodness of their
heart. Caring for the environment is a pure business decision.
Banks should also care about sustainability for pure business reasons
7. Why Banks should worry about Sustainability?
Campaigners gave out the mock newspaper, “The Daily Whale” to
employees outside each of the 3 banks, Standard Chartered, BNP
Paribas and Credit Suisse in London.
7
8. This is an example what the banks should avoid--- a reactive approach once
reputational harm has been done.
8
10. WHY IS SUSTAINABLE FINANCE
IMPORTANT FOR BANKS?
Litigation, shut down leading to increase in NPL
Decrease in the value of collateral and additional cost
of cleaning up.
Disruption of operation
Reputational risk
Pressure from investors, government
International Commitments: Equator Principle,
Climate Principles
10
The question is not “WHY” Banks should
consider ESRM. The Question is “HOW”
11. E&S RISK ASSESSMENT (ESRA) FRAMEWORK
11
POLICY
ESRM Guideline
E&S Capacity
Development
•Roles and
responsibilities
•Training: E learning,
Webinar
PROCEDURE
E&S risk Assessment
Exclusion List
E&S Risk Assessment Tool
Risk rating
Escalation
Conditions/ Action Plan
REPORTING
• Annual
Sustainability
Review
Monitoring E&S risk
Annual review: monitor
performance
Managing non compliance
12. CHALLENGES FACED BY RMS AND CREDIT IN E&S DUE DILIGENCE
Perceptual Barrier
Not important
Climate Change is a myth
Institutional Barrier
Lack of valid data
Misalignment between RMs
target and E&S requirements
Policy and regulatory Barrier
Country laws not conducive
Skill, knowledge, information
barriers
Lack of proper understanding of
E&S issues
Lack of training
Lack of tools and processes
12
13. SUSTAINABILITY IS A SHARED
RESPONSIBILITY
13
Regulator/Government
- Policy
- Enforcement
- Tax/incentive
-Institutional strengthening
Business
-obtain social license to operate
-Ensure safety, efficiency
-Compliance
Banks
-Mission, vision
-Policies procedures
-skilled workforce
-Moving from only compliance to value
addition to clients
Media
-Understand and sensitize the public
- Publish case studies
-Demystify technical issues
Sustainability
14. ENVIRONMENTAL & SOCIAL RISK
MANAGEMENT (ESRM) FOR FIS ADVISORY
SERVICES PROGRAM
Objectives:
Creating regulatory drivers through support for banking
regulators and associations with E&S risk management
guideline development
Market capacity development for trainer and consultant
networks to provide technical support for FIs
ESMS diagnostic and implementation support to FIs
Raising awareness through the Sustainable Banking
Network, developing business case studies and best practices
14
17. 17
E&S Risk Management /
EP Implementation
• Built system, procedure
and tools
• Created dedicated team
and built capacity
• Actively communicated
with client and multi-
stakeholders
• Developed reporting
system
Sustainability Products
• First FI Green Bond (approved
by authority, to be launched in
2015 )
• Carbon finance
• Low carbon credit card
• First carbon assets backed
lending
• First emission rights backed
lending
• First IFC partner bank in China
for energy-efficiency lending to
support SMEs
Strong contributor to overall business:
• Strong business results: assets grow 15 times (2003 to 2014), ROE over 20% since 2006, NPL ratio <1%,
• Reputation and brand value: brand value of US$1.09 billion (by Interbrand, 2012), 50% increase over 2011;
won many top national and international awards
• Increased value to shareholders – 2013 Asia Best Shareholder Return Bank
• Better access to international capital and cooperation (IFC, ING, Citibank, etc.)
Green Finance Expansion:
• Green finance about 12% of total lending, highest among the Chinese banks (national average is 8%)
• Climate benefits: reduced 68 mn tons of CO2, saved 255 mn tons of water. The energy conserved and
emission reduced is equivalent to shutting off 157 thermal power plants of 100 MW.
China Industrial Bank’s Green Banking Journey:
“From Green to Gold”
18. 18
2006
First Chinese
bank to sign
Energy
Efficiency
Finance
(CHUEEE) with
IFC, Beijing
2007
Runner-up of
FT Sustainable
Deal of the
Year;
Joining UNEP
Finance
Initiative
.
Stage I: Piloting Green
Lending Product
2008
Adopting Equator
Principles, Beijing,
becoming the first
EP bank in Asia
emerging market;
Launched CHUEE
Ⅱ
.
2009
Establishment of
Sustainable
Finance Center;
FT Emerging
Markets
Sustainable Bank
of the Year (Asia)
First Sustainability
Report in China
Banking sector;
“The Best Green
Bank”
&“Environmental
Information
Disclosure Award”
by 9 Chinese
NGOs.
Stage II: Adopting &
Implementing Equator
Principles
Stage III: Fully Integrated
Sustainable Finance Model
2012
Establishment
of Sustainable
Finance
Department,
sets up regional
green finance
business units
across China
2010
Launched the first
Low-carbon Credit
Card;
Included in the
“Hang Seng (China
A) Corporate
Sustainability
Index ”&“Hang
Seng (Mainland
and HK) Corporate
Sustainability Index”
2011
Promoting 8+1
green financial
products;
Annual Most
Social
Responsible
Institutions
Award and Best
Green Finance
Award by the
China Banking
Association;
.
2013
Green
finance
clients hit
2,472,
about 12
times vs.
2009; and
green
finance
based
financing
balance
reached
US$30
billion, 13
times
vs. 2009
IB’s 3-Stage Journey to be the Leading Green Bank in China and Asia
19. Bank of Philippine Island (BPI):
A Pioneer in Green Banking In the Philippines
• 1st phase largely focused on energy efficiency loans ($ 26.9 Million)
• 2nd phase included renewable energy loans ($110.1 Million)
• 3rd phase expanded to green mortgage, carbon finance and energy performance contracting ($216.1
Million)
• 4th phase included green buildings and continuous capacity building (ongoing, $130.1 Million)
• As of December 2014, $483 Million total loan volume IFC helped generate with SEF since 2008
• Over 1 Million metric tons of GHG emissions reduced
• RSF 1 signed in 2009 ($46 Million), expanded to ($114 Million) in 2012
• BPI has utilized 78% of the guarantee facility as of end 2014.
• BPI’s entry focused on sustainable energy finance for SMEs
• Recognized among 345 innovations submitted from 75 countries.
• International recognition for its SEF program
• USD 1.4 Million grant for market development and capacity building
Management system
Capacity building for bank loan officers
• Demonstration impact for other Philippine banks
• Consider to join the EPs
19
1st Philippine bank to partner with IFC on Sustainable Energy Finance in 2008
Risk Sharing Facility
Winner, G20 SME Finance Challenge in 2012
E&S risk management
20. EE INVESTMENT MATRIX FOR INDUSTRY IN PAKISTAN
(SECTOR VS. TECHNOLOGY)
20
Technology
Estimated Investment (Million PKR)
Textile
Spinning
Textile
Process
Sugar Leather Paper Cement Fertilizer Other Sectors Total
Payback
Period (Yrs)
Co-generation 100,800 22,500 30,850 154,150 4-5
Compressor 6,000 5,300 165 880 3,100 15,445 1-3
Heat recovery 43,300 35,000 84 272 22 540 19,750 98,968 -
Heat transfer 4,000 15,600 25 58 4,950 24,633 2-3
Lights 2,800 400 800 4,000 1-2
Meters 4,600 4,300 60 2,200 11,160 -
Motors 16,000 9,200 840 110 440 6,700 33,290 1-2
Power Factor 350 100 110 140 700 1-4
Process 1,350 1,200 6,250 7,900 5,220 5,500 27,420 2-4
Process Control 14,350 420 275 22 100 3,800 18,967 1-2
Steam system 550 4,500 600 165 1,450 7,265 1-4
VFD 4,100 1,750 840 53 63 1,700 8,506 1-2
Total 82,700 90,750 104,809 1,145 7,777 30,623 5,760 80,940 404,504
• The overall investment potential for the Energy Efficiency (“EE”) measures
identified in the industrial sectors in Pakistan is in the order of PKR 400 billion…
Payback times for the investments identified are generally below 5 years…
The opportunities are there for FIs to develop an entirely new business
21. Benefits for Pakistani Banks and their Clients
21
For Clients:
• Cost savings – Improved Productivity/Quality of Output –
Competitiveness
• Reasonable pay-back period – Investments recovered from energy cost
savings
• Reduced footprint – Sustainable access to global supply chains
For FIs:
• Expanded market through a new business line:
Innovative product- First mover advantage/differentiation
Sell on value to customer, not pricing
Monetize existing client base- Attract quality new clients
New marketing channels through vendor partnerships
• Improved risk profile of portfolio:
Cost efficient clients = Better performing clients
Energy cost savings as a part of cash-flow
• Positive social and environmental impacts:
Enhanced brand reputation, PR opportunities
22. IFC’S SUPPORT TO CLIMATE CHANGE MITIGATION
THROUGH SEF
Under Sustainable Energy Finance (SEF) product line, IFC
provides financial products and/or advisory services to FIs in
following areas:
• Energy Efficiency (EE): Investing into fixed asset to reduce energy
bill of end-users through increased efficiency of energy use
• Renewable Energy (RE): Investing into technologies generating
power or heat from renewable resources
• Resource Efficiency (Ref): Investing into technologies minimizing
water, raw material, waste and emissions from industrial
processes and maximizing product output
22
23. IFC’S COMPREHENSIVE APPROACH TO
OPTIMIZING SEF IMPACT
Financial products tailored to the needs of diverse
markets
Credit lines and senior loans (medium- to long- term)
Risk sharing products and partial guarantees
Trade guarantees
Mezzanine financing and subordinated debt
Risk capital
Mobilizing donor funding for concessional finance
Advisory to build a profitable SEF business
Market analysis and product development
Enabling the FI to build a pipeline of EE/RE sub-projects
Training for loan officers, credit risk managers, marketing personnel
Tools and resources to add value with low transaction cost
Work with contractors/energy service companies /vendors
23
24. About the Sustainable Banking Network (SBN)
SBN
• Launched in 2012
• A unique, knowledge-sharing
network of banking regulators
and banking associations
• Supports a level playing field
for E&S risk management by
financial institutions
• Promotes green and inclusive
lending
IFC
• Supporting development and
implementation of national
policies/guidelines
• Facilitating South-South learning and
cooperation
• Co-hosting SBN annual meetings
• Developing and disseminating tools and
knowledge resources
24
Facilitator and Technical Advisor
25. 25 25
Sustainable Banking Network
The Network currently consists of banking regulators and banking associations
from16 countries
26. 26
Heads of the
interested
institutions
confirm their
decision to join
SBN.
IFC VP sends a
formal invitation
letter
Interested
institutions
contact SBN
coordinator*
*contacts at the last slide
26
Sustainable Banking Network
How to become a member
27. 27
Click the picture or here to watch the video of the
First International Green Credit Forum
Sustainable Banking Network Events
1st International Green Credit Forum in China
2nd Sustainable Banking Network Meeting In Nigeria
Click the picture or here to watch the video of SBN
Annual Forum in Lagos, Nigeria, Mar. 2014
27
28. 28
Asia
Bangladesh
Bangladesh
Bank-
Environmental
Risk
Management
(ERM) Policy
China
China Banking
Regulatory
Commission
(CBRC) -
Green Credit
Guidelines
China
CBRC-M&E
mechanism
launched
Indonesia
OJK (financial regulator) --
Roadmap for Sustainable
Finance in Indonesia 2015-
2019
Mongolia
Mongolia Banking Association-
Mongolia Sustainable Finance
Principles and 4 Sector
Guidelines
China
CBRC-Green Credit Guidelines
KPIs Checklist launched
Bangladesh
Bangladesh Bank-ESRM
Guidelines of
8 Sector Guidelines (planning)
Vietnam
The State Bank of Vietnam-the
Directive on Promoting Green
Credit and Managing
Environmental and Social Risks
and 10-sector checklists
Nepal
The Central
bank-
Sustainable
Banking Policy
(planning)
Philippines
The Central
bank-Roadmap
to Banking
Policy
(planning)
Latin
America
Colombia
Banking
Association
(Asobancaria) -
Green Protocol
Brazil
Central Bank’s Guidelines of
Social Responsibility Policy for
FIs
Peru
Peru Superintendency of Banking
and Insurance (SBS) -Resolution
No. 1928-2015.
Mexico
Mexico Banking Association (ABM)
- Voluntary Green Protocol
(planning)
Africa
Nigeria
Central Bank of
Nigeria
-Nigerian
Sustainable
Banking Principles
& 3 Sector
Guidelines
Kenya
The Kenya Bankers Association
(KBA)-Sustainable Finance
Initiative (SFI)
SBN Members – Timeline of Initiatives
2011 2012 2013 2014 2015 2016
28
29. 29 29
Common Success Factors
on industry-
wide
guidelines
guidance
based on
Multi-stakeholder consultation and
collaboration on industry-wide guidelines
Combining local E&S requirements and
international good practice (e.g. IFC Performance
Standards, Equator Principles, WBG EHS Guidelines)
Market-based policy mechanisms; economic
incentives and new business models
Mandatory or voluntary guidance tailored
to country context and culture
Capacity Building for key stakeholders
Monitoring and supervision mechanisms
30. 30
Supports creation of a level playing field in line with international good practice
Removes impediments and strengthens the business case for sustainable
banking
Supports country-level frameworks
For Financial Institutions
SBN – Key Benefits
Access to global trends, knowledge, practical experiences and lessons learned
Support from IFC and other members when developing and implementing
effective E&S risk management standards and sustainable banking guidance
Platform for collaboration on a shared vision for sustainable banking
For Banking Regulators / Banking Associations
Supports capacity building of local service providers, such as training and
technical institutions, to assist FIs on E&S risk management
Encourages consideration of E&S regulations in financial sector due diligence
Supports national climate change and green growth agendas
For Local Markets
31. 31
IFC Advisory Services ESRM for FIs Program
Policy/regulatory support to
develop E&S risk
management guidance
Awareness raising and
promotion
Direct technical support for
FIs through training and
consultancy services
Regulatory & market
environment
Training Partners
Consultants
Banking Associations
ESMS diagnostic reports
ESMS development
Individual FIs
IFC ESRM
Advisory
Service
Program
Regulatory and
Market Drivers
Market
Capacity
FIs Capacity
32. WAY FORWARD
• The ESRM Survey for the Financial sector
• Partnering with Key Stakeholders (SBP, PBA)
• ESRM Guideline
• Training and Capacity Building on ESRM
• Development of relevant tools and processes
• Pilot with FIs
• Develop M&E tool for Central Bank
32
33. More resources
SBN Website: http://firstforsustainability.org/sustainable-banking-network/
IFC Sustainability Framework and Advisory Services www.ifc.org/sustainability
CONTACTS
Name Title E-mail
Rong Zhang SBN Global Coordinator rzhang@ifc.org
Atiyah Curmally ESRM AS Program Global Product Specialist acurmally@ifc.org
Quyen Nguyen ESRM AS Program Manager nquyen@ifc.org
Afifa Raihana Regional Specialist araihana@ifc.org
33