AfricaSIF.org ESG Masterclass 2011


SNAPSHOT 2011

  • MASTERCLASS on ESG in investment in Africa, invitation to Institutional Investors, Pension Fund Trustees, legislators & regulators, and PE Limited Partners only. RSVP required
  • Seminars by lecturers from: Bloomberg New Energy Finance, MSCI ESG, GEPF + PIC, OMIGSA, JSE SRI Index, Sustainable Capital, UNISA, Mergence, ASISA, IFC, and SinCo as well as our hosts AfricaSIF and UCT GSB.
  • Date: Wednesday 31 August 2011, 5:30 for 6 -8 pm
  • Fee: R500 pp, scholarships available.
  • RSVP required: africasif@gmail.com. Limit 35 pax
  • Venue: University of Cape Town Graduate School of Business, Waterfront, Cape Town, South Africa [in association with Net Impact South Africa]
  • Updates: http://www.africasif.org/africasif-investor-esg-masterclass.php
  • Twitter: #africasifesgmasterclass2011



 


 

AfricaSIF.org ESG MASTERCLASS 2011 

AfricaSIF.org is hosting this educational event to showcase new trends in sustainable and responsible investment across equity, fixed income and alternative asset classes, including private equity and best practices in Africa.

The AfricaSIF.org Investor ESG Masterclass is a one-day educational workshop for a maximum 35 delegates.
Ahead of the IMN 2nd Africa Cup of Investment Management, AfricaSIF.org is partnering with leading investment services providers and international organizations to host a one-day workshop on ESG designed by SinCo for institutional investors such as Private Equity Limited Partners and Pension Funds trustees and officers, showcasing some of the best practices and tools available. Do you/your organization qualify for an invitation to this invitation-only event on 31 August 2011 in Cape Town?

WHY A MASTERCLASS?

If you are an institutional investor, then you are a fiduciary and investor committed to seeking sustainable long-term investment performance in Africa, we are pleased to extend an invitation to investors in Africa to learn from leaders in sustainable investment as you seek to tackle the implications of the Code for Responsible Investment in South Africa (CRISA), Pension Fund Act Regulation 28 and the themes of sustainable and responsible investment. The Masterclass will offer:

  1. Focused learnings from emerging markets and Africa
  2. Concentrated day-long syllabus reduces time out of office
  3. Improved understanding of "what?" and "how?" of ESG
  4. Variety of perspectives challenges thinking in Africa
  5. Positive learning environment allows for personal Q&A


WHO IS COMING?

AfricaSIF.org (www.africasif.org) has a short and successful track record of bringing people together. The AfricaSIF.org Investor ESG Masterclass is a one-day educational workshop for a maximimum 35 delegates. This invitation-only audience will consist of investors making investment decisions in Africa, including Pension Fund trustees, Private Equity Limited Partners, and advisors on sustainable investment in Africa. The audience is invited and expected to actively participate in the seminars. If you would like to be invited, please email africasif@gmail.com.


HOW ARE THE SEMINARS LED?

We have invited lecturers to lead six seminars for a maximum of 60 minutes each at this Inaugural AfricaSIF Investor ESG Masterclass 2011 running from 9am – 5pm. The lectures will cover:
  1. Global emerging markets investment in ESG
  2. Legal aspects of ESG in investment law and pension funds and Private Equity
  3. Academic perspectives on ESG in investment in Africa
  4. Private Equity Limited Partner investment in Africa and Sustainable Investment [DFI-type]
  5. ESG data vendor and analysis and ESG indexes and strategies
  6. Pan-African investor approaches to ESG and the role of Impact Investment

We seek to offer participants learnings on what is/is not being done in Africa, and the ongoing risks and opportunities in the context of economic development in Africa. We have invited a diversity of African and international lecturers.


WHAT IS A MASTERCLASS?

This is not a conference. The AfricaSIF.org Investor ESG Masterclass is a graduate education-style workshop where we are inviting six separate seminars by investment managers, academics, lawyers and/or experts to describe the current thinking on ESG in investment decisions in Africa.  We expect information and debate, with practical lessons for investors. We are inviting presenters to deliver case study-based, real-life experience.

International investors are increasingly seeking investments in Africa that include ESG factors. For South African Pension Fund investors, Regulation 28 describes “Prudent investing should give appropriate consideration to any factor which may materially affect the sustainable long-term performance of a fund’s assets, including factors of an environmental, social and governance character.”

We hope to demonstrate why and how they make sustainable investment happen in Africa. We are preparing a day covering six seminars of 60min (including Q&A) to be delivered in English, with a syllabus covering legal, technical, policy and valuation aspects:

  1. What are the legal aspects of ESG in investment, and impact of Regulation 28 and CRISA?
  2. What are the pros and cons of sustainable investment in agriculture in Africa?
  3. Why will integrating ESG factors in Private Equity in Africa reduces risks and increases opportunities?
  4. How to access ESG data for investment decisions in African equity, fixed income and private equity in South Africa, Kenya, Nigeria and Egypt?
  5. Are there case studies on ESG in investment in Africa in alternative investments (Private Equity?)
  6. How best can international investors access sustainable development growth in Africa’s markets?

Participants will receive an AfricaSIF Investor ESG Masterclass Workbook on arrival with materials collated from publicly-available materials and content made available by lecturers and  certificate of attendance. Participants will actively contribute to developing the agenda and content of the seminar, and receive a certificate of attendance.


LECTURERS

AfricaSIF.org has attracted leading institutions to co-lecture in six seminars on best practices in making sustainable investment happen in emerging markets in a syllabus designed by SinCo. Lecture faculty will include representatives from:

  • Bloomberg New Energy Finance
  • MSCI ESG
  • Old Mutual Investment Group South Africa OMIGSA
  • Government Employees Pension Fund GEPF + Public Investment Commission PIC
  • Johannesburg Securities Exchange Socially Responsible Index JSE SRI Index
  • Sustainable Capital
  • University of Stellenbosch
  • University of South Africa UNISA
  • International Finance Corporation IFC
  • Association for Savings and Investment South Africa ASISA
  • Mergence Investment Managers
  • SinCo
...in our teaching faculty who are:
  • Suzette Viviers/University of Stellenbosch
  • Richard English + Cecilia Bjerborn/IFC
  • Mark van Wyk/Mergence Investment Managers
  • Malcolm Gray/Investec and ASISA [Claire Rentzke/RisCura]
  • Jon Duncan/OMIGSA
  • Helenemarie Stander + Alexander Beattie/Bloomberg New Energy Finance
  • Greg Barker/Sustainable Capital
  • Graham Sinclair/SinCo and AfricaSIF
  • Gareth Allison/MSCI Indexes
  • Deon Botha/Public Investment Commission
  • Corli le Roux/JSE SRIX
  • Cecilia Bjerborn [/International Finance Corporation
  • Adrian Bertrand/Government Employees Pension Fund and PRI


HOW MUCH WILL IT COST?

To cover costs only - AfricaSIF.org is a not-for-profit organization - the delegates will pay a nominal cost per seat of R500 in advance, although bursaries for deserving participants may be offered on request. The fee includes lunch AND a Masterclass Workbook with exclusive materials and case studies.

 

WILL YOU JOIN US?

Please contact africasif@gmail.com if you consider you/your organization believes it qualifies for an invitation to this invitation-only event on 31 August 2011 in Cape Town.




 


 



Our AfricaSIF Investor ESG MASTERCLASS faculty is drawn from:

 


BLOOMBERG NEW ENERGY FINANCE is the world's leading independent provider of research to investors in renewable energy, biofuels, low-carbon technologies and the carbon markets. It covers all sectors of clean energy: renewables (wind, solar, marine, geothermal, mini-hydro, and biomass); biofuels; energy architecture (supply-side and demand-side efficiency, energy-smart buildings,  smart distribution, power storage, carbon capture and sequestration); hydrogen and fuel cells; carbon markets and services. Our Insight Services provide deep market analysis for investors in Wind, Solar, Biofuels, Biomass, Technology, Energy Policy and Capital Markets. http://bnef.com/


MSCI ESG Indices are designed to help clients incorporate environmental, social and governance (ESG) factors into their investment decisions. With 40 years of expertise in index construction and maintenance, MSCI aims to set new standards for ESG indices – allowing clients to more effectively benchmark ESG investment performance, issue index-based ESG investment products, as well as to manage, measure and report on their compliance with ESG mandates.  http://www.msci.com/products/indices/thematic/esg/


GEPF business is to give members and pensioners peace of mind about their financial security after retirement. We do this by making sure that all funds in our safekeeping are responsibly invested and accounted for, and that benefits are paid out efficiently, accurately and on time. We have a solid track record in protecting our pensioners against inflation and in safeguarding the value of active members’ retirement savings. The GEPF is a firm believer in socially responsible investment and was a founder signatory of the United Nations Principles of Responsible Investment (having signed in 2006). Being a responsible investor means we ensure that all investments not only deliver solid returns but also take environmental, social and governance issues into account. http://www.gepf.gov.za/Investments/Pages/default.aspx

 

Public Investment Corporation Limited (PIC) manages assets valued at R910,9 billion as at 31 March 2010, making us one of the largest investment managers on the African continent. Our clients are public sector entities, most of which are pension, provident, social security, development and guardian funds. PIC’s role is to invest funds on behalf of these clients, based on investment mandates set by each client and approved by the Financial Services Board (FSB), with which we are registered as a financial services provider. PIC is wholly owned by the South African government, with the Minister of Finance as shareholder representative. Apart from pursuing FSB-compliant mandates, we benchmark our investment performance against market-driven indices, enabling our clients and shareholder to compare PIC’s returns to those achieved in the marketplace. PIC Isibaya Fund provides finance for projects which is able to generate good financial returns while also supporting positive, long-term, economic, social and environmental outcomes for South Africa. The focus on investments with developmental focus demonstrates the GEPF and PIC’s commitment to their obligations as signatories of the United Nations-backed Principles for Responsible Investment (PRI). http://www.pic.gov.za/


Sustainable Capital is an independent, owner-managed, responsible investment asset manager that specialises in the research and management of listed African equity securities. The firm’s investment philosophy is that the sustainability performance of countries and companies is fundamentally linked to long-term investment returns, yet inefficiently priced by African
financial markets.  http://sustainablecapital.mu/


Old Mutual Investment Group (SA) - OMIGSA - is a multi-boutique asset management and investment business that offers clients access to a full array of investment offerings, styles and asset classes. OMIGSA's priority is to deliver performance through focus. With the establishment of OMIGSA and its impressive array of investment boutiques, clients now have access to a comprehensive range of best-of-breed investment solutions. Collectively they span all the key asset classes, yet individually they employ strategies that are as unique and extraordinary as the clients they serve. We firmly believe that OMIGSA is well positioned to face the challenges of the new investment environment head on. Whether you pursue enhanced performance or an improved investment experience, OMIGSA is committed to providing you with an investment solution that works for you. http://www.oldmutual.co.za/corporate/asset-management/om-investment-group-(sa).aspx


The JSE’s Socially Responsible Investment (SRI) Index was launched in May 2004 in response to the burgeoning debate around sustainability globally and particularly in the South African context. The SRI Index was a pioneering initiative – the first of its kind in an emerging market, and the first to be launched by an exchange, and has been a driver for increased attention to responsible investment into emerging markets like South Africa. As a means of helping to focus the debate, the JSE has developed Criteria to measure the triple bottom line performance of companies in the FTSE/JSE All Share Index, with the aim of compiling an Index comprising those companies that pass the Criteria requirements. The SRI Index further offers an aspirational sustainability benchmark, recognising those listed companies incorporating sustainability principles into their everyday business practices and to serve as a tool for investors to assess companies on a broader base. http://www.jse.co.za/About-Us/SRI/Introduction_to_SRI_Index.aspx


The UNISA Institute for Corporate Citizenship Responsible Investment Unit endowed chair is to promote and advance thought leadership in the field of Responsible Investment, particularly from a developing country perspective.  Our vision is to become Africa’s premier distance education provider, serving every country on the continent and transcending language and cultural barriers. The intention of the research conducted under this chair is to use the outputs in the teaching programmes of UNISA. The ICC provides unique opportunities to improve Corporate Citizenship (CC) practice and introduce innovative ways of doing business. In a sense our goal is to explore ‘business unusual’ based on South Africa’s unique history, current legislative and policy frameworks. Through its research the ICC asks pertinent and at times difficult questions regarding the role and contribution of business to sustainable development. The ICC encourages stimulating debate about corporate citizenship and helps to raise awareness in the private, public and civil society sectors. UNISA CC RIU aims to be a global leader in building individual and institutional capacity for sustainable business and social cohesion in Africa.  http://www.unisa.ac.za/default.asp?Cmd=ViewContent&ContentID=24401

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. We create opportunity for people to escape poverty and improve their lives. We do so by providing financing to help businesses employ more people and supply essential services, by mobilizing capital from others, and by delivering advisory services to ensure sustainable development. In a time of global economic uncertainty, our new investments climbed to a record $18 billion in fiscal 2010. http://www.ifc.org/ifcext/sustainability.nsf/Content/SustainableInvesting


ASISA was formed in 2008 by members of the Association of Collective Investments (ACI), the Investment Management Association of South Africa (IMASA), the Linked Investment Service Providers Association (LISPA) and the Life Offices’ Association (LOA). These associations have disbanded and their staff, assets and activities have been transferred to ASISA. As the custodian of the bulk of South Africa's savings and investments, ASISA and its members must ensure, in the interest of the country and its citizens, that the South African savings and investment industry remains relevant and sustainable into the future. ASISA's strategic purpose and mandate are therefore to remain a trusted partner to stakeholders in the financial services industry and to proactively engage with them on policy, regulatory and other important issues of common concern. ASISA will work towards promoting a culture of savings and investment in South Africa by playing a significant role in the development of the social, economic and regulatory framework in which our members operate, thereby assisting members to serve their customers better. www.asisa.org.za

Mergence Investment Managers (Pty) Ltd an independent, black owned and managed asset manager embracing a pragmatic approach to investing. Our significant experience and skill enable us to readily offer expertise to institutional clients. Responsible investing is core to the Mergence philosophy and we integrate environmental, social and governance issues into our investment approach. Embracing these values, we launched the Mergence SRI Fund during 2010 which offers low carbon equity investing and / or high impact debt. This product would suit investors seeking long term capital growth, whilst promoting responsible investing and development.  www.mergence.co.za 

SinCo - the sustainable investment consultants - is a boutique investment advisory firm specializing in sustainable investment architecture in frontier and emerging markets. Since 2006 SinCo has delivered sustainable investment architecture globally to pension funds, asset managers, private equity funds, stock exchanges and international organizations integrating environment, social and governance (ESG) factors into investment practice for sustainable long-term investment performance. SinCo supports the mission of Africa Sustainable Investment Forum (AfricaSIF) promoting sustainable investment in Africa from africasif.org http://www.sincosinco.com/


Net Impact South Africa at UCT GSB - equipping Africa's leaders for a socially, environmentally and economically sustainable world. Net Impact is an international nonprofit organization with a mission to inspire, educate, and equip individuals to use the power of business to create a more socially and environmentally sustainable world. Spanning six continents, our membership makes up one of the most influential networks of professionals and students in existence today. Net Impact members are current and emerging leaders in CSR, social entrepreneurship, nonprofit management, international development, and environmental sustainability who are actively improving the world. http://netimpact.org


Additional sponsorship from our colleagues at: