Appendix 2 Overview of 2009 UNEP FI Activities · Asset Management Working Group Goals Key Projects...

APPENDIX 2 OVERVIEW OF UNEP FI CORE ACTIVITIES 2009

LAST UPDATED 30 SEPTEMBER 2009

Working Groups Regional Task Forces Training Other activities

Page N. 15

Asset Management Page N. 1

African Task Force Page N. 9

Risk (banks) Format: online + workshops

Green Economy Initiative

Page N. 17

Property Page N. 2

Asia-Pacific Task Force

Page N. 10

Ecoefficiency (all FIs) Format: online

Insurance Page N. 3

Latin American Task Force

Page N. 11

Climate change (all FIs) Format: online

Principles for Responsible Investment (PRI) Emerging

Markets & Developing Countries Project

Page N. 18

Tools Climate Change Page N. 4

North American Task Force

Page N. 12

UNEP FI Global Roundtable

Page N. 19

Biodiversity & Ecosystem Services

Page N. 5

Water & Finance

Page N. 6

Europe: • Central and Eastern Europe Task Force Page N. 13

• Western European Forum Page N. 14

Page N. 16

• Environmental & Social Responsibility Observatory

Format: online

• Human Rights Toolkit Format: online

Human Rights Page N. 7

1

Asset Management Working Group

Goals Key Projects 2009

The Asset Management Working Group (AMWG) is a global platform of asset managers that collaborate to understand the ways that environmental, social and governance (ESG) issues can affect investment value, and to advance the integration of ESG issues into investment decision-making and ownership practices. Currently, the member institutions collectively represent more than USD 2 trillion in assets under management.

The seminal work of the AMWG on ESG issues was instrumental to the conception and delivery of the Principles for Responsible Investment (PRI), an investor initiative in partnership with UNEP FI and the UN Global Compact, and its work continues to support the PRI initiative to this day. The PRI was established as a global framework to help investors achieve better long-term investment returns and sustainable markets through better analysis of ESG issues in the investment process and the exercise of responsible ownership practices.

1. Fiduciary responsibility (“Fiduciary II”) Legal and practical aspects of integrating environmental, social and governance (ESG) issues into institutional investment, particularly the investment mandates of asset owners (e.g. pension funds, mutual funds, sovereign wealth funds, insurance companies) and their investment management contracts with asset managers, as well as the crucial role of asset managers and investment consultants in integrating ESG issues into various aspects of the investment management process.

2. Addressing the ESG inefficiency of capital markets (in partnership with the World Business Council for Sustainable Development) 2.1 Translating ESG factors into sustainable value – A field guide document for investors and companies based on the 2008 international study by the AMWG and the WBCSD 2.2 Workshops and events on ESG factors and company valuation 3. Materiality of climate change to investment (“Materiality III”) Comprehensive review and analysis of key financial analyst and academic research on climate change covering a wide spectrum of issues such as US engagement and the EU agenda, the BRIC economies and emerging markets, carbon intensive sectors, carbon capture and storage, energy efficiency, adaptation, and supply chains. 4. Carbon footprint calculator for investment portfolios (in partnership with the Climate Change Working Group) Web tool allowing any user to upload a portfolio and determine a carbon exposure score relative to a standard financial benchmark, using a combination of data from sources such as the the Carbon Disclosure Project, and estimates for non-disclosing companies.

Chaired by: Gianluca Manca (Eurizon Capital) and Julie Fox Gorte (Pax World Management Corp.)

Secretariat: Butch Bacani ([email protected])

Direct Weblink: http://www.unepfi.org/work_streams/investment/amwg/index.html

2

Property Working Group


Promote and encourage Responsible Property Investment by assembling evidence to show how it can protect or enhance financial returns throughout the lifecycle of buildings while simultaneously reducing negative environmental and social impacts.

Demonstrate clearly how the principles of Responsible Property Investment can be applied to property assets, portfolios and financing.

Maximize the level and transference of knowledge and capitalize on the benefits of a global organization, assemble examples of best practice from, and disseminate them to investment professionals around the world.

Liaise with policy-makers in establishing the appropriate policy and regulatory environments for Responsible Property Investment practices to flourish.

Liaise with occupiers in understanding how responsible occupation can provide them with cost efficiencies and reduce a building’s carbon footprint.

1. Sustainable building performance indicators and benchmarks Technical report (in partnership with UNEP SBCI) 2. Toolkit series on responsible property investing A series of toolkits to help investors manage their property portfolios more responsibly (in partnership with the Institute for Responsible Investment at Boston College). 3. Article on the difference between SRI in property and SRI in equities 4. Article on the principles of green building measurement regimes 5. Guide on tenant engagement Compilation of case studies of best sustainability practice on tenant engagement. 6. Input on global policies and other relevant topics (COP15 negotiations) 7. Academic network Establishment of a network of leading academic researchers who will provide input on PWG reports and activities. 8. Marketing strategies for the PWG and its outputs 9. Workshop on RPI and sustainable buildings in Mumbai, in collaboration with the GRI and SBCI. 10. The PWG annual general in person meeting (London, Dec 2009)

Chaired by: Paul McNamara (PRUPIM), Blaise Desbordes (Caisse des Dépôts)

Secretariat: Synnöve Sandberg ([email protected])

Direct Weblink: http://www.unepfi.org/work_streams/property/index.html

3

Insurance Working Group


The Insurance Working Group (IWG) is a strategic alliance of insurers and reinsurers that collaborate to understand the impacts of environmental, social and governance (ESG) factors on the insurance business and sustainable development, and to advance the integration of ESG factors into core insurance processes. The IWG believes that the systematic analysis, integration and management of ESG risks and opportunities in core insurance processes (e.g. risk management, underwriting, product development, investment, claims management, and sales & marketing) is material to enhancing long-term company value; crucial to the economic health of the insurance industry; and contributes to sustainable development. The IWG defines this strategic approach as “sustainable insurance”, consistent with the triple bottom line of people, planet and profit. Amid a rapidly changing risk landscape and increasingly interconnected world, the IWG believes that the insurance industry has a vital role to play in collectively tackling global sustainability issues.

1. ESG factors in insurance underwriting and product development Pioneering global survey on the understanding and integration of environmental, social and governance (ESG) factors in insurance underwriting and product development, with support from an Academic Working Group, comprising leading academic institutions in Europe and North America, that the IWG established.

This is a sub-project to develop "Principles for Sustainable Insurance" (PSI), a sustainability framework for the insurance industry, and a global network of insurers proactively addressing ESG factors (multi-year initiative)

2. The global state of sustainable insurance

Summary and analysis of key findings of the first-of-a-kind global survey on ESG factors and insurance, providing ground-breaking insights on the dynamics of ESG factors and core insurance processes, the global state of sustainable insurance, sustainability challenges and potential solutions, product opportunities, and recommendations to advance the sustainable insurance agenda with the global insurance industry and its stakeholders. .. 3. Insuring for sustainable development Linking micro, meso and macro-level risk financing solutions – from innovative microinsurance products to natural catastrophe insurance mechanisms and insurance-linked securities that venture into the capital markets. 4. Forestry and insurance (in partnership with the Climate Change Working Group) Follow up activities after the concept paper “Making forests competitive-Exploring insurance solutions for permanence” , which served as the foundation of the UNEP FI side event at the UN Climate Change Conference in Poznan in December 2008.

Chaired by: Catherine Boiteux-Pelletier (AXA); Secretariat: Butch Bacani ([email protected])

Direct Weblink: http://www.unepfi.org/work_streams/insurance/index.html

4

Climate Change Working Group


The Climate Change Working Group aims, firstly, to identify the common grounds shared by the societal goal of effective climate change mitigation / adaptation and the core interests of financial institutions, investors and capital market actors. Secondly, the CCWG aims to improve the understanding of these common grounds and to catalyze finance sector action, highlighting the business risks and opportunities that result from both physical climate change as well as evolving climate change policy. This is accomplished through: Awareness raising - the development of new research on the roles and responsibilities of the finance sector in climate change as well as the risks and opportunities faced. Capacity building and implementation support – the development of training, tools, guidelines and metrics supporting financial institutions in implementing climate change responses through product innovation and process reform. Policy dialogue – the engagement with international and national policy makers on policy design options most conductive towards the mobilisation of lenders, insurers and investors in the battle against climate change.

Awareness raising / Research development 1. The CDM in Africa project (in partnership with ATF)

•••• Development of an evidence base and analysis on the success drivers, risks and barriers faced by the commercial CDM in Sub-Sahara Africa.

•••• Preparation of an engagement effort with CDM stakeholders on the country-level.

2. Efficiency Lending (Continued from 2008)

•••• Identification of the reasons why energy efficiency finance has evolved only modestly in recent times.

•••• Display of the solutions on how the energy efficiency opportunity can better be seized by financial institutions.

Capacity building and implementation support 3. E - Learning Course on Climate Change and the Finance Sector

See Training 4. The Carbon Calculator (in partnership with AMWG), see AMWG Policy dialogue 5. COP 15 and beyond

• Contributing towards the international climate change negotiations by putting forward the views /ideas of the finance sector regarding the current policy options in the run-up to COP15 in Copenhagen. Products: The Financing a New Deal on Climate Change Report; the Investor Statement on the Urgent Need for a Global Treaty on Climate Change.

• In the context of the negotiations, a thematic focus is being put on the nature and potentials of existing and new Public Finance Mechanisms in mobilising private sector finance.

Chaired by: Armin Sandhoevel (Allianz) and Nick Robins (HSBC)

Secretariat: Remco Fischer ([email protected])

Direct Weblink: http://www.unepfi.org/work_streams/climate_change/index.html

5

Biodiversity & Ecosystem Services Work Stream


The work stream’s objectives

are the following:

1. Raise awareness on the

business implications of loss or

degradation of ecosystems and

the services they provide

2. Strengthen the business case

for action and provide the

financial sector with information

and analysis tools for adequate

management of ecosystem

services

3. Open dialogue between

financial institutions (both public

and private) and policy makers

for identifying and acting on

areas where the framework

conditions under which business

operates can be better aligned

with ecosystems stewardship.

1. Natural Value Initiative Agricultural benchmarking tool for investors focusing on the food, beverage and tobacco sectors. Joint project with Fauna & Flora International and FGV (a Brazilian business school). This tool is aimed at raising awareness of the links between biodiversity, investment value and the finance sector.

2. TEEB Study (See Green Economy Initiative)

3. Study on biodiversity offsets BESW is commissioning a study on financial institutions’ loan conditions and how they deal with mitigation hierarchy and biodiversity offsets. It will primarily focus on analysis of financial institutions’ loan conditions with respect to the mitigation hierarchy and within that offsets; and financial institutions’ experience with and capacity to implement these loan conditions. 4. Forest Footprint Disclosure project This project, led by the Global Canopy Programme, aims to develop a tool directed towards large companies that are involved in forestry-related activities. The results of the project will be to increase investor, company and public awareness of a company’s impact and dependence on forests.

5. Environmental & Social Risk Observatory (cross-UNEP FI effort with LATF & BESW) See details from WFWS. BESW is contributing successful stories of financing biodiversity to increase focus on the opportunities available in financing environmental and social projects.

Chaired by: Matt Hale (Bank of America Merrill Lynch)

Secretariat: Susan Steinhagen ([email protected])

Direct Weblink: http://www.unepfi.org/work_streams/biodiversity/index.html

6

Water & Finance Work Stream


The work of the UNEP FI WFWS builds on the need to create awareness and capacity among the financial community in order to promote their proactive approach towards water issues. These are:

WATER USE: Introducing water considerations into risk/opportunity assessment processes in the context of both water-exposed businesses "downstream" and other water users.

1. WATER SUPPLY: increase the mobilisation of private finance and investment into the "water sector" (water/sanitation-infrastructure, -services, -technologies, -utilities) in an ESG-inclusive manner in order to support the achievement of the MDG Drinking Water and Sanitation Target. This target consists "in halving, by 2015, the proportion of people without sustainable access to safe drinking water and basic sanitation."

This is done by identifying and addressing potential challenges and opportunities of water-related issues which can bring benefits to both the core business of financial institutions and water sustainability in general.

1. The Chief Liquidity Series – A series of sector/geography-specific guidelines for financial institutions on corporate water performance

•••• Water issues and concerns are subject to local circumstances and vary across sectors.

•••• Building on the universal Water-related Risk Management Guidelines developed in 2007, this series of briefings addresses the specificities around water issues engaging the regional networks of UNEP FI Signatories around the world.

2. The Environmental & Social Responsibility Observatory - ESRO (cross-UNEP FI

effort with LATF & BESW)

• Addressing the need to identify the success drivers, barriers and promising approaches to financing sustainable water infrastructure and operations.

•••• Development of an interactive database of cases of environmental and social risks & opportunities for financial institutions, with a “section” on activities in the water sector.

3. UNEP Umbrella Project on Water Foot-printing & Neutrality

•••• UNEP is undertaking a global exploration of the concept of water foot-printing, its current applications and future potentials, in the spheres of both national, regional and local governments, real economy corporations as well as the finance sector.

4. Project on the Universal Ownership Theory and Water Scarcity

•••• An analysis on the potentials of the Universal Owner Theory as a framework to manage water related risks and opportunities in large investment portfolios.

•••• Aims to both advance the consideration of water risks in large investment portfolios and to bring the Universal Ownership Theory out of its academic niche into a practical context.

Chaired by: Vicky Beukes/Brigitte Burnett (Nedbank), Sasja Beslik (Nordea)

Secretariat: Susan Steinhagen, Remco Fischer ([email protected])

Direct Weblink: http://www.unepfi.org/work_streams/water/index.html

7

Human Rights Work Stream


To develop and maintain an understanding of human rights and how they apply to financial institutions worldwide, so that we, as financial sector professionals, are equipped to make responsible decisions within our spheres of influence (as an employer, provider of financial services, or purchaser of goods and resources).

To produce internationally applicable guidance for finance sector organisations on identifying and addressing human rights issues relevant to their businesses, highlighting relevant international laws, standards and initiatives, and examples of best practice.

1. Updating & promoting Human Rights Guidance Tool for the Financial Sector Aims at assisting front line lending managers to identify, evaluate and mitigate human rights risk when considering new business relationships or transactions.

2. Engagement with UN Global Compact The UNEP FI HRWS is also now a member of the UN GC’s HRWG, a multi-stakeholder group of around 40 individuals representing business, civil society, business associations and the UN.

3. Cross-fertilization with other working groups such as the GRI and CCWG

Chaired by: Philippa Birtwell (Barclays)

Rory Sullivan (Insight Investment)

Secretariat: Lily Heinemann ([email protected])

Direct Weblink: http://www.unepfi.org/work_streams/human_rights/index.html

8

Regional Task Forces

Goals

UNEP FI is a global public-private partnership. As such the Initiative has established a network of Regional Task Forces to coordinate its activities around the world. The Task Forces further provide an opportunity for local Signatories and other financial institutions to interact and share best practices.

• Africa • Asia Pacific • Latin America • North America • Europe (Central and Eastern Europe and Western Europe)

Direct Weblink: http://www.unepfi.org/regional_activities/index.html

9

African Task Force


The Africa Task Force work programme is focused

on:

1. Setting sustainability priorities for the African

financial sector,

2. The potential to establish general standards

or codes of conduct on finance and

sustainability in Africa,

3. The overall integration of a triple bottom line

approach to the operations of the African

financial sector.

1. Preparation for Global Roundtable Event in Cape Town, South Africa (22-23

October 2009).

2. A report, in partnership with the UNEP FI Climate Change Working Group that

would highlight the opportunity of CDM projects for the African finance sector and

policy makers, but also identify some of the current barriers to CDM projects in Africa.

(mid-October, in time for the Global Roundtable).

3. Translation of the ongoing Environmental and Social Risk Analysis (ESRA) online

toolkit from English to French, to be disseminated to West and North African FIs.

Chaired by: Brigitte Burnett, Nedbank Cas Coovadia, Banking Association of South Africa Oti Ikomi, Oceanic Bank


Direct Weblink: http://www.unepfi.org/regional_activities/africa/index.html

10

Asia Pacific Task Force


The Asia Pacific Task Force work programme is

focused on:

1. Raise awareness of sustainable finance in

the region.

2. Supporting networking and information sharing

intra and extra to the region.

3. Research and information sharing activities to

further promote sustainable finance.

1. Japanese adaptation of the UNEP FI e-learning course on Climate Change.

2. Australasia Group is implementing the key recommendations coming out of the

sustainable supply chain report developed in 2008.

3. Delivering the environmental & social risk analysis e-learning courses in the region.

4. Developing the gap analysis tool for the financial sector.

5. Potential partnership with Ministry of Environment, South Korea, to co-hold green

finance conference in late November

6. An introductory ESRA training workshop in Manila on 27 October

Chaired by: Haruhiko Nakada (Bank of Tokyo-Mitsubishi UFJ)

Secretariat: Wei Peng ([email protected])

Direct Weblink: http://www.unepfi.org/regional_activities/asia_pacific/index.html

11

Latin American Task Force


1. Awareness-raising and dissemination

2. Capacity-building through workshops and online training courses Find out about our Risk Training Workshops and Online Courses

3. Exchange of views, ideas and best practice between members and key stakeholders

4. Research & tool development

1.Group Management & Membership Enhancement

2. Consolidation / expansion of Caribbean Group under special agreement with Barbados Ministry of the Environment

3. Risk Training 3a. Introductory Workshops (Panama, Trinidad) 3b. Advanced Workshops (Colombia) 3c. Online courses (4) 3d. Sponsorship and partnership agreement with Febraban to develop Portuguese version of online course

4. Corporate Ecoefficiency Training 1st public Ecoefficiency (CEFI) courses: first course delivered in April, second course in October

5. E&S Responsibility Observatory Further development /compilation of stories/cases on an on-going basis. Embellishment of the web portal in progress.

6. E&S Gap Analysis Tool for Banks Pilot finalized, partnership agreement with Mexican Banking Association for launch of definite version. To be presented at GRT and translated into English.

7. Online Training Course on Financing of Energy Efficiency & Renewables - Joint project with BASE, for launch in 2010.

Chaired by: Christopher Wells Banco Real/ Grupo Santander (Brazil) & Laura Mendez, FIRA (Mexico)

Secretariat: Careen Abb ([email protected])

Direct Weblink: http://www.unepfi.org/regional_activities/latin_america/index.html

12

North American Task Force


The specific goals of the Task Force are:

1. To create a forum for North American Signatories to the UNEP FI Statements to exchange ideas and best practice in the area of finance and sustainability;

2. To explore and raise awareness on specific environmental and social issues, such as climate change, and its impact on the North American financial sector;

3. To identify and disseminate risks and opportunities related to social and environmental issues for the financial services industry in North America.

1. Research Project

“What is the role of the financial sector (lenders and insurers) as regards supporting/promoting further development of the green buildings (new developments and/or retrofit of existing constructions)?”

2. Workshops

Research results of 2009 project to be announced at a Workshop in Q4 (location and date TBD).

3. Special request to CDP on future development of disclosure process and questionnaire

Chaired by: Sandra Odendahl (RBC Financial Group) and Richard Pearl (State Street Corporation)

Secretariat: Careen Abb ([email protected])

Direct Weblink: http://www.unepfi.org/regional_activities/north_america/index.html

13

Europe

• Central and Eastern European Task Force


The Central and Eastern Europe Task Force work

programme is focused on:

1. Setting sustainability priorities for the financial sector in

Central and Eastern Europe;

2. Creating a forum of signatories in the region that are able to

exchange ideas and best practice facilitated by the UNEP FI

network;

3. Integration of a triple bottom line approach to the operations

of the CEE financial sector.

1. Events in Greece and Turkey

2. New ESRA case study in collaboration with Banca Commerciala Romana

to be developed by end of the year

3. 10 step guide to sustainability for financial institutions used to strengthen

outreach in the region

4. Participate in the green finance event organized by the Turkish Banking

Association in Turkey in November

Chaired by: Chair position currently not filled

Secretariat: Wei Peng ([email protected])

Direct Weblink: http://www.unepfi.org/regional_activities/central_and_eastern_europe/index.html

14

• Western European Forum


The specific goals of the Western European Forum are:

1. Raise awareness of sustainable finance in the region

2. Working with key partners in disseminating information about UNEP FI in the region.

3. Membership enhancement drive.

The UK signatories annual meeting (London, April).

The Nordic signatories face-to face Annual Meeting, (Olso, Norway, May 18-19)

Workshop on Biodiversity and the Finance sector, 24 June in Augsburg, Germany.

UK signatories meeting in London (October, tbc).

German Roundtable: 18-19 November in Munich. Germany.

Nordic Group side event at Copenhagen in December.

A 2-year project in Portugal partnering with Sustentare, promoting sustainable finance within Portuguese banking sector.

Chaired by: Dag Arne Kristensen for the Nordic group


Direct Weblink: http://www.unepfi.org/regional_activities/western_europe/index.html

15

Trainings

Goals Next dates

Environmental & Social Risk Analysis (ESRA) E-Learning Programme The ESRA programme provides in-depth and personalized training. Tutors engage with participants online on a daily basis, providing guidance and facilitating debates. As a participant, you will be involved in a range of activities, from simulating implementation of environmental and social policies and guidelines and analyzing case studies, to carrying out exercises based on your own clients’ environmental and social impacts. E-Learning Programme on Corporate Eco-Efficiency for Financial Institutions (CEFI) The E-Learning Programme on Corporate Eco-Efficiency for Financial Institutions (CEFI) seeks to train representatives of the financial sector on how to make efficient use of the resources involved in the daily internal operations of financial institutions (FIs) and thus reduce their environmental footprint.

UNEP FI e-Learning Course on Climate Change: Risks and Opportunities for the Finance Sector The key areas to be addressed by this course are: A general introduction to climate change, the science and impacts, and key international and regional policies in place to tackle it i.e. the Kyoto Protocol.

English: 9 to 27 November Spanish: 2 to 20 November 5 to 30 October 8 to 26 June

Environmental & Social Risk Analysis (ESRA) E-Learning Programme Secretariat: Careen Abb, Jessica Jacob & Carolina López ([email protected]) Direct Weblink: http://www.unepfi.org/training/risk_training/index.html

E-Learning Programme on Corporate Eco-Efficiency for Financial Institutions (CEFI)

Secretariat: Careen Abb, Jessica Jacob & Carolina López ([email protected]) Direct Weblink: hhttp://www.unepfi.org/training/ecoef_training/index.html

UNEP FI e-Learning Course on Climate Change: Risks and Opportunities for the Finance Sector

Secretariat: Yuki Yasui ([email protected]) Direct Weblink: http://www.unepfi.org/humanrightstoolkit/

16

Tools

Goals

Environmental & Social Responsibility Observatory

Development of an online and interactive database of cases & illustrations of environmental and social risk & opportunities. The database comprises “sections” dedicated to financing ecosystem services, water supply & sanitation and climate change mitigation and adaptation (Launch: UNEP FI 2009 Global Round Table).

Human Rights Toolkit

The UNEP FI Human Rights Guidance Tool for the Finance Sector is designed as an online signposting tool providing information to lenders on human rights risks. Included in the tool you will find:

1. background information 2. specific issues relating to different industry sectors 3. key questions to assist in impact assessment 4. relevant international laws, standards and initiatives

While the tool focuses specifically on human rights issues relevant to the assessment of business relationships and transactions, links are also provided within each sector briefing to the broader environmental and social risk guidance also provided on the UNEP FI member extranet. Together these form part of the growing array of tools and guidance available to members.

Environmental & Social Risk Observatory

Secretariat: Careen Abb, Remco Fisher & Susan Steinhagen ([email protected]) Direct Weblink: http://www.unepfi.org/tools/observatory/index.html

Human Rights Toolkit

Secretariat: Cristina Gueco ([email protected]) Direct Weblink: http://www.unepfi.org/tools/observatory/index.html

17

Other Activities

Green Economy Initiative

Goals Key Activities 2009

UNEP FI to provide input into the UNEP Green Economy Initiative namely in the following areas: 1. Green Economy Report

• UNEP FI is coordinating and producing the Finance Chapter in the Green Economy Report. Key question of the chapter is: What systemic change is required to mobilize private finance at the scale required to realize a green economy?

• UNEP FI is also providing private finance input to GER’s sector

chapters. I.e. on water, agriculture, sustainable cities and green building, forestry, and renewable energy.

2. GEI communication platform

UNEP FI is providing a platform for communication of the GEI to the private finance sector at the Cape Town Roundtable and through other UNEP FI channels.

2. TEEB (The Economics of Ecosystems and Biodiversity) study The study aims to look at the economic significance of the global loss of biological diversity. The D3 report of the TEEB study aims to help business leaders identify and seize new opportunities linked to conservation and sustainable use of biological resources.

1. Green Economy Report Coordinating the Finance Chapter and private finance input to other chapters.

2. The TEEB study The UNEP FI Secretariat will be coordinating financial services sector contributions to the D3 report of TEEB.

3. Advisory to GEI UNEP FI secretariat to mobilise the knowledge of our members to offer advise to GEI.

4. Communicating the GEI to the finance sector.

Secretariat: Synnöve Sandberg ([email protected])

Direct Weblink: http://www.unep.org/greeneconomy/index.asp

18

Principles for Responsible Investment (PRI) Emerging Markets & Developing Countries Project


1. Raise awareness on responsible investment in Asia, Middle East North Africa, Eastern Europe

2. Organize and attend workshops in South East Asia, India, Russia, Middle East

3. Coordinate collaborative shareholder engagements

4. Improve implementation of the principles in Brazil, Korea, South Africa

5. Organize bimonthly emerging markets calls.

6.Coordinate a project and deliver a paper on Universal Owner: Externalities and Shareholder Engagement

Recent events: January: South East Asia - Organized successful outreach workshops in Indonesia, Malaysia, Singapore and Thailand.

March: visited India and to meet with Indian investors.

Collaborated with Egyptian institute of directors on organizing a joint event for local investors on responsible investment in Egypt on 23rd of March.

Future events: Meetings with leading investors in the middle east are planned in mid-April and we are likely to join one of the investment conferences there.

WWF is organizing a workshop in Moscow at the end of April where they would like to introduce PRI to Russian investors. UNEP FI is planning to attend this event.

Secretariat: Narina Mnatsakanian ([email protected])

Direct Weblink: http:// www.unpri.org

19

UNEP FI Global Roundtable


To host an event that provides an opportunity for governments, bankers, insurers, asset managers and institutional investors from around the globe to discuss all the latest ideas and challenges in sustainable finance and responsible investment.

The event will be held at the Cape Town International Conference Centre on 22-23 October 2009.

To host an event that provides an opportunity for governments, bankers, insurers, asset managers and institutional investors from around the globe to discuss all the latest ideas and challenges in sustainable finance and responsible investment. Actual activities involves the following activities:

1. Identify and gather the keynote speakers and all session panellists.

2. Global marketing

3. Sponsorship drive

4. Organise training workshops

Secretariat: Henry Thomas ([email protected])

Direct Weblink: http://www.unepfi.org/events/2009/roundtable/index.html

Appendix 2 Overview of 2009 UNEP FI Activities · Asset Management Working Group Goals Key Projects...

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