[VIDEO] UNDP SDG IMPACT STANDARDS WORKSHOP II: SDG BONDS & PRIVATE EQUITY FUNDS WITH SPECIAL GUESTS SDG IMPACT & QBE INSURANCE
Following on from our January event with the UNDP SDG Impact team, we were delighted to host Elizabeth Boggs-Davidsen – Director of SDG Impact, Rosemary Addis AM – Executive Director of Impact Strategist and Senior Advisor to SDG Impact, Fabienne Michaux – Standards Expert at SDG Impact and part-time Professor of Practice (Finance) at Deakin Business School, Lisa Genasci – CEO, ADM Capital Foundation and Caitlin Medley – Portfolio Manager, Impact & Responsible Investments at QBE Group Investments.
The SDG Impact team updated the audience on the latest SDG Bonds and PEF Standards and noted the Standards have been designed to help investors ensure their processes are in line with best practice impact measurement and management, and to demonstrate an investors’ contribution to the SDGs. The Standards also serve as a tool to operationalise (not reinvent) existing Principles to drive more consistent implementation and provide credibility for the market, reducing the risk of SDG-washing.
Key points of SDG Impact Standards framework:
- They drive standardised outcomes towards SDGs, providing the “logic” and “overarching system” for the market;
- They are neutral in nature, and act as public good as a resource helping investors navigate the space;
- They drive decision making as an operational tool rather than being another reporting framework; and
- They are not a taxonomy, instead they should be seen as a management tool to support and guide you in determining what other frameworks, metrics, and tools to adopt into your SDG management plan.
We also heard from QBE Insurance, who as a company are working to align their sustainability agenda to support advancement of the global goals. QBE has designed an integrated and iterative approach towards sustainability and responsible investing having adopted the Impact Management Project measurement approach and SDGs. For QBE, the SDG Impact Standards are a useful sourcing tool, and played a key role in helping translate intent into action and map internal impact management systems.
Please enjoy this recording, and presentation here. Feel free to get in touch with follow-up suggestions!