The Relationship Between the Sustainable Development Goals and Islamic Finance
|
|
- Jessie Tate
- 6 years ago
- Views:
Transcription
1 The Relationship Between the Sustainable Development Goals and Islamic Finance Prof. Robert G. Eccles Professor, Said Business School, Oxford University Chairman, Arabesque Partners Harvard Law School October 15th, 2016
2 Responsible Asset Owners UN Principles for Responsible Investment 1500 Signatories 50 countries Representing US$60 trillion [1] [1] goo.gl/jzhjen 2
3 Responsible Companies The 10 Principles of the UN Global Compact 8000 companies non-businesses Annual filing of process report [2] [2] goo.gl/w6xn3u 3
4 Responsible Countries The 17 Sustainable Development Goals (SDG s) On 1 January 2016, the 17 (SDGs) of the 2030 Agenda for Sustainable Development officially came into force. The SDGs build on the success of the Millennium Development Goals (MDGs) and aim to go further to end all forms of poverty. The new Goals are unique in that they are a call for action by all countries, poor, rich and middle-income to promote prosperity while protecting the planet. While the SDGs are not legally binding, governments are expected to take ownership and establish national frameworks for the achievement of the 17 Goals. 4
5 The 17 Sustainable Development Goals (SDG s) [3] [3] goo.gl/zzwxq0 5
6 Implementing the SDG s 6
7 Institutional Investors - Current State of SDG implementation AuM of respondents was US$5.9trillion, ~ 10% of total PRI signatories AuM 56% of respondents say that senior leadership see the Goals as relevant to their whole organization, 44% see the Goals as relevant to their investment team. 62% of respondents believe that acting on the Goals can create opportunities for increased investment returns. 75% of respondents are already taking action on three or more of the Goals. Nearly two thirds of respondents are already working with civil society and policy makers on environmental, social, and governance (ESG) issues relevant to the Goals. 7
8 SDG s Investors ranking based on each goal s potential to help meet investors investment objective Top 5 Group Medium 7 Group Bottom 5 Group Source: Ivanova, Mila R., and Mountford, Frances J., (2016), Transforming our World through Investment. ShareAction. Table 1. Available via goo.gl/xvt0s5 8
9 SDG s - Main Barriers for Investors The main barriers to investors focusing on the Goals are lack of data showing the relevance of Goals to investors (cited as a barrier by 66% of respondents), the wide ranging nature of the SDG framework (cited by 57%) and insufficient investee company transparency on ESG issues (cited by 55%). [4] However, sustainability creates value [5] Standardization plays an important role Sources: [4] Ivanova, Mila R., and Mountford, Frances J., (2016), Transforming our World through Investment. ShareAction. Available via goo.gl/xvt0s5 [5] G Clark, A Feiner & M Viehs, From the stockholder to the stakeholder, 2015, Available via goo.gl/g1dngy 9
10 Islamic Finance Link between IF and SDG s? Principles of Islamic Finance link to Maqasid Al Shariah Wealth Offspring Faith Shariah Law Intellect Lives The ultimate objective of Shariah Law is to protect the wellbeing of people, which lies in the safeguarding of: their faith (deen) their lives (nafs) their intellect (aql) their offspring (nasl) their wealth (mal) Maqasid Al Shariah promotes social justice. Source: [6] Islamic Development Bank (2015), The role of Islamic Finance in Achieving Sustainable Development Goals. Available via goo.gl/qubeif 10
11 Islamic Finance and ESG Common Approaches? Non-financial Factors Avoidance of Debt / Leverage Positive Lists / Preferred Inclusion Engagement Negative Lists / Exclusions Zakat / Distribution to the needy Proxy Voting Best in Class Instruments linked to real assets Source: IdealRatings (2016). ESG and Islamic Finance. Company Presentation based upon Funds@Work AG (2013). Towards a more sustainable Finance System. 11
12 Islamic Development Bank IF s main contribution to the SDGs Source: Islamic Development Bank (2015), The role of Islamic Finance in Achieving Sustainable Development Goals. Available via goo.gl/qubeif 12
13 Sukuk (Islamic Bond) Innovative Financial Instruments Two recent examples of Sukuks Education Sukuk: Khazanah Nasional Bhd's RM100 million seven-year sustainable and responsible investment Sukuk was fully subscribed and it was priced at 4.3% p.a. Inaugural issuance proceeds will be used to fund schools under the Yayasan AMIR Trust School Programme. [7] Vaccine Sukuks: International Finance Facility for Immunization (IFFIm) issued two Sukuks raising US$700 mn on orders of well over US$1 bn in less than one year to finance child immunization. This high level of demand from both traditional Sukuk investors and conventional investors, including those with a socially responsible investment focus, proves the convergence of Islamic finance and conventional sustainable investing is very possible. [8] Sources: [7] Daily Express (2015), Khazanah's RM100m seven-year sustainable Sukuk priced at 4.3pc. Available via goo.gl/f8fojj [8] World Bank (2015). Vaccine Sukuks: Islamic securities deliver economic and social returns. Available via goo.gl/x7kek1 13
14 Thank You! Prof. Robert G. Eccles Professor, Said Business School, Oxford University Chairman, Arabesque Partners
SUSTAINABILITY AND ISLAMIC FINANCE
15th Kuala Lumpur Islamic Finance Forum SUSTAINABILITY AND ISLAMIC FINANCE Zainal Izlan Zainal Abidin Securities Commission Malaysia 9 April 2019 Essence of Sustainability Meeting the needs of the present
More informationTargeting real world impact aligned with the Sustainable Development Goals
Targeting real world impact aligned with the Sustainable Development Goals February 2018 For Investment Professionals only. The value of investments will fluctuate, which will cause fund prices to fall
More information2030 Agenda for Sustainable Development
2030 Agenda for Sustainable Development The role of Development Finance in achieving the Sustainable Development Goals (SDGs): the Case of Islamic finance Alignment with Sustainable Development Goals (SDG)
More informationVASTUULLISEN SIJOITTAMISEN PERIAATTEET RESPONSIBLE INVESTMENT BELIEFS
2017 AUTUMN VASTUULLISEN SIJOITTAMISEN PERIAATTEET RESPONSIBLE INVESTMENT BELIEFS Responsible investment beliefs TABLE OF CONTENTS Aims... 3 Purpose of this document...3 Background...3 Definitions and
More informationISLAMIC FINANCE AND SUSTAINABLE & RESPONSIBLE INVESTMENT (SRI)
ISLAMIC FINANCE AND SUSTAINABLE & RESPONSIBLE INVESTMENT (SRI) ISLAMIC FINANCE AND SUSTAINABLE & RESPONSIBLE Islamic finance is embedded on the principles of fairness, equality and ethics that lead to
More informationFacilitating Sustainable Financing. Noraizat Shik Ahmad Securities Commission Malaysia IIFM Seminar on Financial Markets 8 May 2018
Facilitating Sustainable Financing Noraizat Shik Ahmad Securities Commission Malaysia IIFM Seminar on Financial Markets 8 May 2018 1 Malaysia s capital market is well-positioned to leverage on the growing
More informationUpdate on ESG Reporting Initiatives: Trends & Opportunities. FIS 2012 Santa Monica 23 October Diane Bratcher US Network Manager
Update on ESG Reporting Initiatives: Trends & Opportunities FIS 2012 Santa Monica 23 October 2012 Diane Bratcher US Network Manager As institutional investors, we have a duty to act in the best long-term
More informationYPO 2019 GLOBAL LEADERSHIP SURVEY 2,283 1,871
YPO 2019 GLOBAL LEADERSHIP SURVEY Key findings on whether the purpose of business is to have an impact on society beyond profits and wealth. 4,154 total respondents 2,283 chief executives 110 countries
More informationIslamic Finance and Financial Crisis. The First Islamic Finance & Investment Forum for the Middle East- 2-3 March 2010 Amman - Jordan
Islamic Finance and Financial Crisis The First Islamic Finance & Investment Forum for the Middle East- 2-3 March 2010 Amman - Jordan By Saleh Hussain Deputy Chairman Bahrain Association of Banks 1 Agenda
More informationThe Sustainable Development Goals
The Sustainable Development Goals Reality & Prospects Mahmoud Mohieldin, Senior Vice President World Bank Group Mahmoud Mohieldin March 13 th, 2017 Global Context Global Economy GDP Growth (Percent) 5
More information1 Purpose and objectives of the policy
Date of this Policy: 27 March 2018 The information in this document forms part of the following Product Disclosure Statements: Cbus Industry Super Product Disclosure Cbus Sole Trader Product Disclosure
More informationThe State of Responsible Investment in South Africa
The State of Responsible Investment in South Africa Findings from a recent survey with South African institutional investors By Gloudi van der Ahee (Department of Accounting, Stellenbosch University) and
More informationForeign Affairs and International Development Committee. Appearance regarding Bill C-300, November 17, Opening Statement
Foreign Affairs and International Development Committee Appearance regarding Bill C-300, November 17, 2009 Opening Statement My name is Donald Raymond and I am Senior Vice President of Public Market Investments
More informationThe Potential of Islamic Finance in Achieving the SDGs
The Potential of Islamic Finance in Achieving the SDGs Dr. Rami Ahmad Special Envoy on SDGs Senior Advisor to the President Islamic Development Bank Group SUSTAINABLE DEVELOPMENT TRANSITION FORUM 2017
More informationMobilising Finance to Support the Global Goals for Sustainable Development: Aviva s Calls to Action
Mobilising Finance to Support the Global Goals for Sustainable Development: Aviva s Calls to Action September 2015 2 Foreword By Mark Wilson I ve always been crystal clear why I m in business: to make
More informationWHY WE BELIEVE RESPONSIBLE INVESTING PAYS OFF Anne-Maree O Connor, David Rae and Rishab Sethi NOVEMBER 2015
HOW WE INVEST WHITE PAPER WHY WE BELIEVE RESPONSIBLE INVESTING PAYS OFF Anne-Maree O Connor, David Rae and Rishab Sethi NOVEMBER 2015 www.nzsuperfund.co.nz email:enquiries@nzsuperfund.co.nz PREFACE The
More informationGuidance on Doing Well by Doing Good: Mapping SASB s Material Issues to the SDGs
Guidance on Doing Well by Doing Good: Mapping SASB s Material Issues to the SDGs Costanza Consolandi, University of Siena Robert G. Eccles, Said Business School, University of Oxford FOR PROFESSIONAL CLIENT
More informationCONTRIBUTION OF ISLAMIC FINANCE TO THE 2030 AGENDA FOR SUSTAINABLE DEVELOPMENT 13 NOVEMBER 2017
CONTRIBUTION OF ISLAMIC FINANCE TO THE 2030 AGENDA FOR SUSTAINABLE DEVELOPMENT 13 NOVEMBER 2017 AUTHOR: HABIB AHMED Durham University Business School, Durham University, United Kingdom habib.ahamed@durham.ac.uk
More informationDNB Boligkreditt. May 2018
DNB Boligkreditt May 2018 1 The DNB Group DNB ASA DNB Bank ASA Aa2 / A+ DNB Life and Asset Management (Senior/ short term issuance) DNB Boligkreditt AS (Green) Covered Bonds: AAA / Aaa 100% owned by DNB
More informationATRN 2 nd ANNUAL CONGRESS Seychelles.
Revenue Mobilization for the Post-2015 Development Agenda in Africa: Past Lesson s and Future Projections ATRN 2 nd ANNUAL CONGRESS Seychelles. Damacrine M. Masira. 05/09/2016 1 www.kra.go.ke 13/09/2016
More informationStatement on Climate Change
Statement on Climate Change BMO Financial Group (BMO) considers climate change one of the defining issues of our generation. Everyone, including BMO, bears responsibility for the effectiveness of the response.
More informationMalaysia s Islamic Capital Market (ICM) An Overview
Islamic Finance News Roadshow Sheraton Towers, Singapore 2 April 2008 Malaysia s Islamic Capital Market (ICM) An Overview Nik Ramlah Mahmood Securities Commission Malaysia 1 Malaysia s ICM offers a comprehensive
More informationIntroduction to the GFF
Introduction to the GFF September 2017 Two trends led to the creation of the GFF Insufficient progress on maternal and child health (worst among MDGs), and traditional sources of financing are not enough
More informationIMPACT INVESTING MARKET MAP
IMPACT INVESTING MARKET MAP WHITE PAPER DOCUMENT FOR CONSULTATION An investor initiative in partnership with UNEP Finance Initiative and UN Global Compact WHITE PAPER - DOCUMENT FOR CONSULTATION FOREWORD
More informationGreen Bonds & Islamic Finance
November 2016 Green Bonds & Islamic Finance Authors: Debashis Dey, Tallat Hussain and Mindy Hauman Green Finance Green Bonds are a specific sub-set of bonds used for clean energy projects, the vast majority
More informationINFRASTRUCTURE SUKUK SOHAIL JAFFER DEPUTY CEO, FWU GLOBAL TAKAFUL SOLUTIONS 18 NOVEMBER Global Leader In Takaful Expertise
INFRASTRUCTURE SUKUK SOHAIL JAFFER DEPUTY CEO, FWU GLOBAL TAKAFUL SOLUTIONS 18 NOVEMBER 2015 Global Leader In Takaful Expertise CONTENTS 1 SUKUK MARKET OVERVIEW 2 FINANCING INFRASTRUCTURE PROJECTS 3 FINANCING
More informationMOBILIZATION OF PRIVATE FINANCE BY MULTILATERAL DEVELOPMENT BANKS
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized MOBILIZATION OF PRIVATE FINANCE BY MULTILATERAL DEVELOPMENT BANKS 2016 Joint Report Report
More informationUniversal Social Protection
Universal Social Protection The Universal Child Money Programme in Mongolia Mongolia s universal Child Money Programme (CMP) is one of the country s flagship programmes and an essential al part of its
More informationLadies and gentlemen. Page 1 of 6. 1 MIFC publication statistics, September 2017
Keynote Presentation By Zainal Izlan Zainal Abidin Managing Director, Development & Islamic Markets Securities Commission Malaysia at the KLIFF 2017 Kuala Lumpur 4 October 2017 Ladies and gentlemen 1.
More informationWhat Islamic Finance has to offer to Global Finance?
What Islamic Finance has to offer to Global Finance? Islamic Finance and Law Conference UCD Sutherland School of Law Dublin, Ireland May 15, 2015 Zamir Iqbal, PhD. The World Bank Global Islamic Finance
More informationI encourage active participation in this event at the highest possible levels.
THE PRESIDENT OF THE GENERAL ASSEMBLY 4 April 2018 Excellency, As part of my endeavour to push for the implementation of the 2030 Agenda for Sustainable Development during the 72 nd session of the General
More informationPursuing Climate Justice within Environmental, Social and Governance Investment Frameworks 1
Pursuing Climate Justice within Environmental, Social and Governance Investment Frameworks 1 Climate Justice works at the intersection of climate change, development and human rights to achieve a people
More informationI call on stock exchanges around the world to join this effort.
23 Partner Exchanges Listing over 17,000 companies US $36 trillion in market capitalization 4 Global Conferences with more than 300 policy makers, stock exchange CEOs and investors USA (2009); China (2010);
More informationProf. Rifat Atun MBBS MBA DIC FRCGP FFPH FRCP Professor of Global Health Systems Harvard University
National Cancer Policy Forum The need for global financing of cancer care The National Academies of Sciences, Engineering and Medicine 15 th November 2016 Prof. Rifat Atun MBBS MBA DIC FRCGP FFPH FRCP
More informationTechnical Committee Member Biographies
Barbara Strozzilaan 336 1083 HN Amsterdam The Netherlands tax@globalreporting.org Technical Committee Member Biographies Disclosures on tax and payments to government 11 June 2018 GRI 2017 Contents Technical
More informationContribution of Islamic Finance to the 2030 Agenda for Sustainable Development (with special reference to infrastructure finance)
Contribution of Islamic Finance to the 2030 Agenda for Sustainable Development (with special reference to infrastructure finance) Habib Ahmed Durham University Business School, UK 1 Infrastructure Investment
More informationESG AND RESPONSIBLE INVESTMENT PHILOSOPHY
ESG AND RESPONSIBLE INVESTMENT PHILOSOPHY February 2017 AMP CAPITAL ESG AND RESPONSIBLE INVESTMENT PHILOSOPHY 1 AMP Capital is one of Asia Pacific s largest investment managers. We have a single goal in
More informationISRA KHAZANAH SRI SUKUK: A CASE STUDY
KHAZANAH SRI SUKUK: A CASE STUDY 2 nd Islamic Finance Intellectual Discourse Sustainable Development Goals: Way Forward in Islamic Finance 22 February 2018 RHR Hotel @ UNITEN, Putrajaya Noor Suhaida Kasri,
More informationAccelerator Discussion Frame Accelerator 1. Sustainable Financing
Accelerator Discussion Frame Accelerator 1. Sustainable Financing Why is an accelerator on sustainable financing needed? One of the most effective ways to reach the SDG3 targets is to rapidly improve the
More informationWhy Sustainability. June Richard Betts, EY Senior Manager in Sustainability
Why Sustainability June 2016 Richard Betts, EY Senior Manager in Sustainability richard.betts@tr.ey.com Agenda Introduction to sustainability Global and European trends in non-financial reporting Sustainability
More informationFrom niche to mainstream: how ESG principles are reshaping investing today
June 2016 From niche to mainstream: how ESG principles are reshaping investing today Leo M. Zerilli, CIMA Head of Investments John Hancock Investments As ESG standards become more uniform and as corporate
More informationResponsible Investment Policy Framework
Responsible Investment Policy Framework April 2016 CC&A/Corporate Citizenship Contents 1. Introduction 3 1.1 Objectives 3 1.2 Mandate 3 1.3 Scope 3 1.4 Foundation 4 1.5 Structure 4 2. Responsible Investment:
More informationCreating Green Bond Markets Insights, Innovations,
Sustainable Banking Network (SBN) Creating Green Bond Markets Insights, Innovations, and Tools from Emerging Markets October 2018 Executive Summary Sustainable Banking Network Executive Summary The emergence
More informationUK Stewardship Code Statement
UK Stewardship Code Statement Asset managers that are authorised by the Financial Conduct Authority (the FCA ) are required under the FCA s Conduct of Business Rules to produce a statement of commitment
More informationVBV- Vorsorgekasse AG. An investor initiative in partnership with UNEP Finance Initiative and UN Global Compact
RI TRANSPARENCY REPOR T 201 3 /1 4 VBV- Vorsorgekasse AG An investor initiative in partnership with UNEP Finance Initiative and UN Global Compact About this report The PRI Reporting Framework is a key
More informationADDIS ABABA ZERO DRAFT WWF REACTION
ADDIS ABABA ZERO DRAFT WWF REACTION 9 April 2015 Summary WWF welcomes the zero draft of the Addis Ababa Accord (16 March 2015) as a positive initial draft for a global framework for financing sustainable
More informationThe Role of Securities Industry for the Sustainable Development Goals
The Role of Securities Industry for the Sustainable Development Goals The establishment of a sustainable and fair society has been put on the global agenda. The United Nations announced the Sustainable
More informationThe New Morningstar Sustainability Rating
The New Morningstar Sustainability Rating A new lens for investors Morningstar SRI Breakfast Milano 19 Aprile 2016 Davide Pelusi CEO, Morningstar Italy 2016 Morningstar, Inc. All rights reserved. AGENDA
More informationCan Hong Kong Become Asia s Green Finance Hub?
Can Hong Kong Become Asia s Green Finance Hub? International Climate Change Conference 2017 Pat Nie Woo Partner 21 April 2017 Green Bonds and Green Finance 2 What is a Green Bond? Investors are creditors
More informationABP as a force for good
ABP as a force for good Responsible investment policy RESPONSIBLE INVESTMENT POLICY Rotterdam, October 6th 2017 Corien Wortmann Chair of the board of ABP 1 Agenda: ABP s ambition as a force for good Objectives
More informationZeti Akhtar Aziz: Islamic finance a global growth opportunity amidst a challenging environment
Zeti Akhtar Aziz: Islamic finance a global growth opportunity amidst a challenging environment Keynote address by Dr Zeti Akhtar Aziz, Governor of the Central Bank of Malaysia, at the State Street Islamic
More informationCOOPI COOPERAZIONE INTERNAZIONALE
COOPI COOPERAZIONE INTERNAZIONALE CHANGE Una cooperazione che cambia per un mondo in mutamento MILAN0 15 APRILE 2015 THE POST-2015 AGENDA: GLOBAL PARTNERSHIP AND SDG 17 Gianni Vaggi 1. The evolution of
More informationTechnical Committee Member Biographies
Barbara Strozzilaan 336 1083 HN Amsterdam The Netherlands tax@globalreporting.org Technical Committee Member Biographies Disclosures on tax and payments to government 25 January 2018 GRI 2017 Contents
More informationFundamentals of the Malaysian Capital Market
Fundamentals of the Malaysian Capital Market The Investors Conference 2005 - in conjunction with the 30th Annual Meeting Islamic Development Bank Ranjit Ajit Singh, Director Securities Commission Malaysia
More informationResponsible investments. at Nordea Life & Pensions
Responsible investments at Nordea Life & Pensions Nordea Life & Pensions signed the UN Principles for Responsible Investments in 2014 and since then we have been working on implementing the principles
More informationGUIDANCE ON PRI PILOT CLIMATE REPORTING
GUIDANCE ON PRI PILOT CLIMATE REPORTING BASED ON THE RECOMMENDATIONS OF THE FSB TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES An investor initiative in partnership with UNEP Finance Initiative and
More informationRESPONSIBLE INVESTMENT POLICY
RESPONSIBLE INVESTMENT POLICY I. Statement of Principles: Global changes are shaping the course of the world in which we live. Our society is facing great challenges to achieve an economy/society that
More informationIslamic Development Bank April 3, Mahmoud Mohieldin Senior Vice President World Bank worldbank.org/sdgs
Islamic Development Bank April 3, 2018 Mahmoud Mohieldin Senior Vice President World Bank Group @wbg2030 worldbank.org/sdgs I. SDGs 1 The SDGs present a major opportunity for transformation MDGs (2000-2015)
More informationThe Future of Islamic Wealth Management in Malaysia and the OIC World: Challenges and Opportunities Iqbal Khan
The Future of Islamic Wealth Management in Malaysia and the OIC World: Challenges and Opportunities Iqbal Khan Twitter: @IqbalKhanCEO BNP Paribas - INCEIF Centre of Islamic Wealth Management Inaugural
More informationReview of the Federal Financial Sector Framework
November 15, 2016 Financial Institutions Division Financial Sector Policy Branch Department of Finance Canada James Michael Flaherty Building 90 Elgin Street Ottawa, ON K1A 0G5 Re: Review of the Federal
More information(2) An issuer may list its sukuk or debt securities either as Exchange Traded Bonds or under the Exempt Regime.
CHAPTER 4B LISTING OF SUKUK AND DEBT SECURITIES PART A GENERAL 4B.01 Introduction (1) This Chapter sets out the requirements that must be complied with by an issuer seeking a listing of its sukuk or debt
More informationTime allowed : 3 hours Maximum marks : 100. Total number of question : 6 Total number of printed pages : 5 PART A
Roll No... : 1 : 336 Time allowed : 3 hours Maximum marks : 100 Total number of question : 6 Total number of printed pages : 5 NOTE : Answer ALL Questions. PART A 1. (a) Apex Pharmaceuticals Company Ltd.
More informationResponsible Investment Statement
07.2018 ESG Responsible Investing Responsible Investment Statement This document frames DWS s approach to responsible investing. It introduces our philosophy and the principles that guide our investments
More informationDo investors care about sustainability? Seven trends provide clues
Do investors care about sustainability? Seven trends provide clues March 2012 At a glance More investors see a connection between corporate and community well-being. They are using corporate sustainability
More informationParticipating Companies & Institutions
Workshop Summary Valuation Workshop, Kuala Lumpur 31 July 2008 Selling sustainability value to the capital markets : Dialogue for companies and investors Participating Companies & Institutions Asian Development
More informationWealth Management Partners NV. An investor initiative in partnership with UNEP Finance Initiative and UN Global Compact
RI TRANSPARENCY REPOR T 201 4 /15 Wealth Management Partners NV An investor initiative in partnership with UNEP Finance Initiative and UN Global Compact About this report The PRI Reporting Framework is
More informationPHILANTHROPY - FROM GIVING TO FINANCING REMARKS FOR THE INDONESIA PHILANTHROPY FORUM
Heather Grady Vice President, Rockefeller Philanthropy Advisors October 2016 Philanthropy is a very dynamic field right now, in Asia and around the world, and it is an exciting time to be trying new approaches.
More informationUBS and Society. Hubertus Kuelps. Head of UBS and Society Group Head Communications & Branding
UBS and Society Sustainability@UBS Hubertus Kuelps Head of UBS and Society Group Head Communications & Branding 3 November, 2017 Our three keys to success 1 Who we are UBS and Society Making sustainable
More informationJyske Invest. An investor initiative in partnership with UNEP Finance Initiative and UN Global Compact
RI TRANSPARENCY REPOR T 201 6 Jyske Invest An investor initiative in partnership with UNEP Finance Initiative and UN Global Compact About this report The PRI Reporting Framework is a key step in the journey
More informationNational Plan Commission April 2018 Addis Ababa
National Plan Commission April 2018 Addis Ababa Overview of the Session 1. Introduction 2. Contribution of Ethiopia to the preparation of SDGs and Owning the 2030 Sustainable development Agenda 3. Policy
More informationUnited Nations Environment Programme Finance Initiative (UNEP FI) Principles for Sustainable Insurance (PSI)
United Nations Environment Programme Finance Initiative (UNEP FI) Principles for Sustainable Insurance (PSI) HSBC Progress Report 2013 Prepared by: HSBC Insurance Holdings Plc Date: 22 April 2014 UNEP
More informationANNUAL IMPACT INVESTOR SURVEY
ANNUAL IMPACT INVESTOR SURVEY 2018 THE EIGHTH EDITION EXECUTIVE SUMMARY Executive Summary This report presents findings from the Global Impact Investing Network s eighth Annual Impact Investor Survey.
More informationTHE RATIONALE AND CONCEPTS BEHIND KING IV. CSSA 22 August 2018 Presented by Mervyn E King SC
THE RATIONALE AND CONCEPTS BEHIND KING IV CSSA 22 August 2018 Presented by Mervyn E King SC 19 th CENTURY PRESSURE Unlimited liability constrained growth Deterred wealthy persons from investing Unlimited
More informationEurizon s responsibile World
Eurizon s responsibile World ENVIRONMENTAL SOCIAL GOVERNANCE SUSTAINABILITY Engagement Policy ENGAGEMENT REPORT At Eurizon, shared values play a vital role. As an organisation and as individuals we are
More informationESG Engagement: Public Equities Priorities and Process. British Columbia Investment Management Corporation
ESG ENGAGEMENT: PUBLIC EQUITIES PRIORITIES AND PROCESS 1 ESG Engagement: Public Equities Priorities and Process 2016 British Columbia Investment Management Corporation Table of Contents Context...1 Approaches
More informationCAREERS IN SOCIAL INVESTMENT
CAREERS IN SOCIAL INVESTMENT BIG SOCIETY CAPITAL Rebecca McCartney, Investment Associate Camilla Parke, Investment Associate September 2017 www.bigsocietycapital.com @BigSocietyCap Agenda Careers in Social
More informationAegon N.V. Responsible Investment Policy 2017
Aegon N.V. Responsible Investment Policy 2017 The Hague, October 2017 1 Introduction Aegon N.V. (hereafter referred to as Aegon ), as a global insurance company, asset manager and investor, has a large
More informationOur approach to investments on stock and bond markets
TlB Our approach to investments on stock and bond markets Introduction Triodos Bank is one of the world s leading sustainable banks. Its mission is to make money work for positive change. In addition to
More informationExecutive Summary of the National Report on the Implementation of the 2030 Agenda for Sustainable Development. Czech Republic
Office of the Government of the Czech Republic Sustainable Development Department Executive Summary of the National Report on the Implementation of the 2030 Agenda for Sustainable Development Czech Republic
More informationTHE BRETTON WOODS II LEADERS LIST. The 25 Most Responsible Asset Allocators. BRETTON WOODS II A New Business Model for Social Finance
THE BRETTON WOODS II LEADERS LIST The 25 Most Responsible Asset Allocators BRETTON WOODS II A New Business Model for Social Finance OCTOBER 2017 THE 25 MOST RESPONSIBLE ASSET ALLOCATORS No sensible asset
More informationAdrian Bertrand Principles for Responsible Investment. Responsible Investment
Adrian Bertrand Principles for Responsible Investment Responsible Investment An investor initiative in partnership with Responsible Investment 31 August 2016 - R E S P O N S I B L E I N V E S T M E N T
More informationEnvironmental, Social, Governance and Impact policy 2016
Environmental, Social, Governance and Impact policy 2016 1. Belief statement We believe that applying ethical, social and environmental values to each investment decision builds a better world for current
More informationResponsible Ownership: Proxy and Engagement Report
Responsible Ownership: 2017 Proxy and Engagement Report March 2018 Introduction Russell Investments believes that being an active owner is an important component of its investment responsibilities. Through
More informationCREATING VALUE FOR SHAREHOLDERS: THE ROLE OF THE BOARD IN ORGANIZATIONAL PERFORMANCE
CREATING VALUE FOR SHAREHOLDERS: THE ROLE OF THE BOARD IN ORGANIZATIONAL PERFORMANCE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA 4 TH ANNUAL GOVERNANCE & ETHICS CONFERENCE MR. PAUL MUTHAURA, Ag.
More informationResponsible Investment Policy. July 2017
Responsible Investment Policy July 2017 Apax Partners Responsible Investment Policy July 2017 2 Mission Statement Apax s mission is to cultivate and help realize the potential of portfolio companies, their
More informationResponsible Investment Statement
Responsible Investment Statement January 2017 This document frames Deutsche Asset Management's approach to Responsible Investing. It introduces our philosophy and principles that guide our investments
More informationWhat has the EU ever done for Responsible Investment?
What has the EU ever done for Responsible Investment? Professor Paul Q. Watchman Director of Sustainable Finance, CCP RF 11th November 2016 Has the shock of Brexit resulted in collective amnesia about
More informationCapturing value from New Zealand s new reporting landscape 2 November 2017
The road ahead Capturing value from New Zealand s new reporting landscape 2 November 2017 Agenda Global trends NZ s road ahead KPMG International s survey Emerging trends From paperwork to prosperity Discussion
More informationSRI and Shariah-compliant funds: Shared Values and Accountabilities
02 SRI: Definitions, Strategies and Drivers SRI and Shariah-compliant funds: Shared Values and Accountabilities The Social Investment Forum defines SRI as: Integrating personal values and societal concerns
More informationSample Fund Benchmark Report GRESB Infrastructure
Sample Benchmark Report GRESB Infrastructure GRESB Benchmark Report 2016 DATE: 11 Oct 2016 2:08:52am Tue UTC 2016 GRESB BV Table of Contents Scorecard/Key Highlights Summary...............................................................................................................
More informationESG and Sustainability Risk Advisory Services
ESG and Sustainability Risk Advisory Services We are a risk advisory firm specializing in environmental, social and governance (ESG) and sustainability risk management for the global investment and business
More informationSUSTAINABLE FINANCE ROADMAPS
SUSTAINABLE FINANCE ROADMAPS ALIGNING FINANCE WITH A RESILIENT AND SUSTAINABLE ECONOMY A briefing paper for the 2018 United Nations Environment Programme Finance Initiative (UNEP FI) Conference in Sydney
More informationUnlocking private finance for sustainability - a shared responsibility. Yuki Yasui, Deputy Head UNEP FI 5 June 2014, Paris
Unlocking private finance for sustainability - a shared responsibility Yuki Yasui, Deputy Head UNEP FI 5 June 2014, Paris Achieving the green economy - how is the finance sector unique? A world defined
More informationTRENDS IN CORPORATE GOVERNANCE AND THE RELEVANCE FOR DIRECTORS AND INVESTORS. UN PRI 21 November 2018 Presented by Mervyn E King SC
TRENDS IN CORPORATE GOVERNANCE AND THE RELEVANCE FOR DIRECTORS AND INVESTORS UN PRI 21 November 2018 Presented by Mervyn E King SC 17 TH - 19 TH CENTURIES 17 th century unincorporated entities With unlimited
More informationT H E NA I RO B I C A L L TO A C T I O N F O R C L O S I N G T H E I M P L E M E N TA T I O N G A P I N H E A LT H P RO M O T I O N
T H E NA I RO B I C A L L TO A C T I O N F O R C L O S I N G T H E I M P L E M E N TA T I O N G A P I N H E A LT H P RO M O T I O N 1. INTRODUCTION PURPOSE The Nairobi Call to Action identifies key strategies
More informationHow a company uses and impacts the natural environment in its supply chain
Environmental, Social and Governance What is? Is just a buzz or a trend? How are managers different in their approaches/ Evolution of Clarifying fiduciary obligations and due diligence of plan sponsors
More informationANTI- CORRUPTION EXPECTATIONS TOWARDS COMPANIES
ANTI- CORRUPTION EXPECTATIONS TOWARDS COMPANIES The purpose of this document is broadly to set out the ways in which Norges Bank Investment Management, as a financial investor, expects companies to work
More informationIntergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR)
Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) 34th SESSION 1-3 November 2017 Room XVII, Palais des Nations, Geneva Thursday, 2 November 2017 Morning
More information2017 Cathay Life Insurance Stewardship Report. Stewardship. Active Ownership. Engagement. Voting
2017 Cathay Life Insurance Stewardship Report Stewardship Active Ownership Engagement Voting ABOUT CATHAY LIFE INSURANCE Cathay Life Insurance is the largest life insurer in Taiwan with total assets of
More informationFOR PROFESSIONAL CLIENTS ONLY. Environmental, social and governance (ESG) investment policies
FOR PROFESSIONAL CLIENTS ONLY Environmental, social and governance (ESG) investment policies 2016 1. Does your organisation have a policy regarding the integration of environmental, social and corporate
More information