Safeguarding Sustainable Investment

Rusdian Lubis“Sustainable Investment is an investment that integrates long-term Environmental, Social and Governance (ESG) criteria into investment and ownership decision-making with the objective of generating superior risk-adjusted financial returns,” shared Rusdian Lubis at last Tuesday Luncheon Talk held by Jakarta Campus (25/3/2014).

Attended by industry practitioners, the 33-year environmental management expert highlighted three key points on the importance of sustainable. “Global mega trends, the growing momentum of legislative initiatives, and the interest of investors in ESG,” as the Chair for Compliance Review Panel at Asian Development Bank (ADB) said.

Then, why need to safeguard? “To ensure commitment for sustainable development, to lower the project risk management, and to ensure a commitment for transparency and good governance,” told former Senior Environment Specialist for World Bank.

“According to World Bank definition that the safeguards (are set of policies and procedures) to ensure that environmental and social issues are evaluated in decision making, help reduce and manage the risks associated with a project or program, and provide a mechanism for consultation and disclosure of information,” explained Rusdian in his presentation.

The 3-hour discussion was enclosed by Eight Performance Standards to Safeguarding Sustainable Investment:

 
1. Assessment and Management of Environmental and Social Risks and Impacts
2. Labor and Working Conditions
3. Resource Efficiency and Pollution Prevention
4. Community Health, Safety, and Security
5. Land Acquisition and Involuntary Resettlement
6. Biodiversity Conservation and Sustainable Management of Living Natural Resources
7. Indigenous People
8. Cultural Heritage

Safeguarding Photo

*If you/your company wish to get invitation for similar forum discussion with various topics, please register HERE.Rusdian Lubis“Sustainable Investment is an investment that integrates long-term Environmental, Social and Governance (ESG) criteria into investment and ownership decision-making with the objective of generating superior risk-adjusted financial returns,” shared Rusdian Lubis at last Tuesday Luncheon Talk held by Jakarta Campus (25/3/2014).

Attended by industry practitioners, the 33-year environmental management expert highlighted three key points on the importance of sustainable. “Global mega trends, the growing momentum of legislative initiatives, and the interest of investors in ESG,” as the Chair for Compliance Review Panel at Asian Development Bank (ADB) said.

Then, why need to safeguard? “To ensure commitment for sustainable development, to lower the project risk management, and to ensure a commitment for transparency and good governance,” told former Senior Environment Specialist for World Bank.

“According to World Bank definition that the safeguards (are set of policies and procedures) to ensure that environmental and social issues are evaluated in decision making, help reduce and manage the risks associated with a project or program, and provide a mechanism for consultation and disclosure of information,” explained Rusdian in his presentation.

The 3-hour discussion was enclosed by Eight Performance Standards to Safeguarding Sustainable Investment:

1. Assessment and Management of Environmental and Social Risks and Impacts
2. Labor and Working Conditions
3. Resource Efficiency and Pollution Prevention
4. Community Health, Safety, and Security
5. Land Acquisition and Involuntary Resettlement
6. Biodiversity Conservation and Sustainable Management of Living Natural Resources
7. Indigenous People
8. Cultural Heritage

Safeguarding Photo

*If you/your company wish to get invitation for similar forum discussion with various topics, please register HERE.