Description

In this episode Ian details the procedures and requirements of Environmental Social Governance (ESG) and Sustainable Development Goals (SDG's) which ensure good sustainable practice and environmentally friendly methodology. He will cover what ESG's are, investor requirements, environmental considerations, social considerations, ESG criteria, pros and cons, UN Global Compact in relation to sustainable practice, what SDG's are, SDG indicators and measures, implementation, challenges, cost, SDG driven investments and communication and advocacy.   

KEY TAKEAWAYS

• ESG's are a set of standards for a company's operations that socially conscious investors use to screen potential investors. They are increasingly common for investors to easily identify an operation's social and environmentally conscious credentials. 
• Governance deals with a company's leadership, executive pay, audits, internal controls and shareholder rights. Environmental criteria detailed could be energy use, waste, natural resource usage and environmental risk.  Social criteria looks at the company's business relationships. How does it treat its suppliers and what environmental values do those suppliers hold? How does it treat its employees? What are its health and safety methods? 
• Investors need to decide what values are most important to them and research the company thoroughly to ensure compatibility.
• SDG's or Global Goals as they are commonly referred to are a collection of 17 interlinked goals designed as a blueprint to achieve a better and more sustainable future for everybody set up in 2015 by the UN General Assembly. 
• Each SDG has a series of indicators which establish the criteria that need to be met to complete that goal. Each indicator has a series of sub-indicators which assign the specific metrics that are used to define that indicator. 
• Implementation of the goals began in 2016 and all UN member governments were tasked with creating their own policies and methods to best produce each outcome. Individual relevant institutions are also on board with the plan paying attention to the SDG relevant to their function. 

BEST MOMENTS

‘Social criteria examines how it manages its relationships with its employees, its suppliers, its customers and the communities where it operates.' 

‘Many mutual funds, brokerage firms and advisors now offer products that employ ESG criteria.'

‘In the UK a few years ago there was a big furore about how Tesco, the big supermarket, was treating its supply chain for the supply of products that it was selling. It's negotiation tactics and how it was driving margins out of the small supplier.' 

‘In years gone past, socially responsible investments had a reputation for requiring a trade off on an investors' part as they limited the universe of companies that they were eligible to invest in. In times gone by people were trying to make sure the investment pool was as large as possible. Now that is changing.' 

‘The idea here is that the people are actually driving the agenda to their governments.' 

VALUABLE RESOURCES
https://www.ianjrogers.com/

ABOUT THE HOST

Ian Rogers is an entrepreneur running businesses in the Real Estate, Construction and Facilities Management arena. Ian has over 40 years' industry experience, as he was effectively born into construction with his father having his own building company and Ian spending time working on sites from the age of 11!. As a result Ian has seen the industry from a trades person perspective, as a chartered quantity surveyor working on large commercial projects, as a project manager and then working on structured project finance through PFI/PPP deals. This has given Ian a unique whole life approach to any project by considering the end game at the beginning.

CONTACT METHOD
https://www.ianjrogers.com/

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