Principles for Responsible Investment Breakfast

03/12/2019

Norsad Finance recently co-sponsored the United Nations Principles for Responsible Investment (“PRI”) Investor Breakfast held in Gaborone, under the theme “Environmental, Social and Governance (“ESG”) Integration and Responsible Investment: What Investors Need to Know,”. This collaboration brought together various key stakeholders to impart knowledge on the need to make responsible investment decisions through the integration of ESG standards, and bolster a stronger culture of ESG practice for local asset owners. The platform was a unique educational interactive dialogue.

Nicole Martens (Head of Africa and Middle East at PRI), explored trends with regards to climate change and responsible investment, active ownership, responsible investment approaches and tools and resources for responsible investment.

Khumoetsile Sekucha, Portfolio and Risk Director at Norsad, informed participants that “Active ownership is regarded as one of the most effective mechanisms to reduce risks, maximise returns and have a positive impact on society and the environment.’’ She further articulated that this will in turn enhance knowledge of investors on specific issues, resulting in them making more informed and impactful investment decisions.

Tshepho Mpolokeng, Portfolio Manager at Norsad Finance, on providing an overview of Norsad’s responsible investment approach, highlighted that incorporating ESG into the investment appraisal process can directly or indirectly have a positive impact on the top and bottom line of a portfolio company, reduce operational risk and improve overall asset quality in the long run.