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Risk Insights Newsletter: October 2021

 

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Africa’s Drive Towards Sustainability - ESG GPS Kenya Launch:

This month, Risk Insights launched its AI-powered ESG GPS rating model in Kenya.  We prepared for you short summary of the launch here. All listed companies at the Nairobi Securities Exchange PLC have been rated using the XXI century AI-powered rating tool – ESG GPS.  This is yet another major African market which will use ESG GPS to drive the continent into a more sustainable future!  Our honourable speakers shared amazing insights about the sustainability drive in Africa, ESG and much more.  Please join us in celebrating another success story on the way to sustainable future for all.  We would like to express our appreciation to amazing 500+ ESG enthusiasts who joined us for the launch and all our thought leaders:

Key Note Speaker Geoffrey Odundo, Chief Executive of the Nairobi Securities Exchange PLC,  Dr Nkem Khumbah, Chairman of ESG GPS Independent Ratification Committee for Kenya Matthew Bernath, Head of Data Analytics at Rand Merchant Bank, Andrey Bogdanov, Principal & Interim CEO of Risk Insights, Dr Abuobayda Shabat, Head of the Data Lab at Risk Insights, Jayne Mammatt, Partner at PwC South Africa, Leader in the fields of sustainable development, reporting, assurance and climate change resilience, Karen Basiye, Head of Sustainable Business and Social Impact at Safaricom PLC, Simon Wafubwa, CEO & Founder of Enwealth Financial Services Limited, Dr Melani Prinsloo, Director of Infusion Knowledge, Henley Business School, Afsar Ebrahim, CEO of Kick Advisory Services, Suzanne Ehlers, CEO of the Malala Fund

Watch this space and subscribe for updates at Risk Insights site for more exciting events!

 

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Risk Insights’ Participation in ESG Events

Risk Insights has participated in numerous ESG investing events and summits over the past month with aim to bring much required attention to the ESG issues and solutions both in South Africa and the continent. Risk Insights was proud to be participating in the SingularityU South Africa Summit 2021 hosted by SingularityU South Africa,  The 2nd Annual Africa Pensions and Retirement Summit 2021 hosted by Africa Insights & Investments, ESG Clients` Event arranged by Compli-Serve and UCT Law @ Work, and The South African Venture Capital and Private Equity Association Impact Investing Event hosted by the Southern African Venture Capital & Private Equity Association (SAVCA).

We thank all of the host organizations for allowing us to share the value and importance of ESG, sustainability disclosure and incorporating these elements into day to day business. Special thanks to Mic Mann and Shayne Mann from SingularityU South Africa, Nicholas Haan from Singularity University, Paola Santana from GLASS, Eric Rasmussen, Stephen Munyao from Africa Insights & Investments, the Southern African Venture Capital & Private Equity Association (SAVCA), Janice Johnston from IDENTITY FUND MANAGERSRobert Rubinstein from TBLI Group, Gerrit Heyns from Proof of Impact,  Nicole Martens from Martens Advisory, Khumoetsile Sekucha and Keoleboge Malela from Norsad Finance Limited and Richard Rattue from Compli-Serve.

We were very pleased to see growing attention to ESG in Africa especially in anticipation of COP-26. 

We look forward to upcoming events this November with the Investment Analysts Society of South Africa: Masterclass ESG (10 November) which we thank Anne Marie Wood and Jamie Yalswyn from the Investment Analysts Society of South Africa for arranging. We are also participating at the 3rd Global Investment Opportunities Conference (GIO; 24th – 25th November), which we thank Simon Wafubwa from Enwealth Financial Services Limited for arranging.

 

Window on The Week:

With insights from our Senior Data Scientist, Kunaal Kalyan, to scaling the Globe landscape of ESG with Principal & Interim CEO of Risk Insights, Andrey Bogdanov, we had many informative segments for our Window on The Week Series! Tune in to hear exciting news regarding how the world has been responding to many ESG related concerns as well as find our ESG Sustainability Ratings on the Risk Insights website. We will continue to keep all of our subscribers updated on the most ground breaking and exciting news on ESG in anticipation of the COP 26 and some of the responses to major concerns in South Africa here on: Window on the Week! 

Find our recent episodes below:

 

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Food for thought…

 

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Description automatically generatedBlackRock: Emerging ESG Datasets and Insights Open Up New Avenues for Investment Outperformance

ESG Today | 19 October 2021

Amazon announced that it will pay 100% of college tuition for its approximately 750,000 U.S. hourly employees. The company estimated that the new benefit along with other new training will offer would require a total investment of $1.2 billion by 2025.…

 

 

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Description automatically generatedChancellor sets new standards for environmental reporting to weed out greenwashing and support transition to a greener financial system

Gov UK | 18 October 2021

Certain large businesses will need to set out their green credentials to potential investors under new world-leading reporting rules outlined by the Chancellor…

 

 

 

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Your Cheat Sheet to the U.N. Climate Conference in Glasgow

The Wall Street Journal | 20 October 2021

The world’s leaders, financiers and environmentalists are trying to hammer out an agreement at COP26 to cut fossil fuels, reduce carbon emissions and limit climate change…

 

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Description automatically generated with medium confidenceCOP26: Meeting the Corporate Sector’s Carbon Targets

ESG Today | 25 October 2021

The end of October will see the start of the COP26 climate change conference in Glasgow, where world leaders and industry representatives will meet to discuss how to tackle the grave climate situation…

 

 

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Dutch pension giant spurns fossil fuels as funds shift before COP26

Reuters | 26 October 2021

Dutch pension fund ABP will divest 15 billion euros ($17.5 billion) of investments in fossil fuel producers by 2023, it said on Tuesday, as many of the world's biggest investors set out new climate policies ahead of next week's COP26 summit…

 

 

About Risk Insights

Risk Insights is a professional data analytics consultancy that delivers to its client’s sustainable solutions and products using the latest achievements of data science. Risk Insights provided sustainable solutions with numerous products and services, including but not limited to:

  • Data analytics
  • Advisory services
  • ESG ratings for public companies
  • Education

 

Graphical user interface, text, applicationDescription automatically generatedWe believe in the impact that sustainability practices can have on the longevity and continuity of a business.

Being on the front line of the development of cutting-edge technology has Risk Insights grown to become the

first developer of an ESG rating tool for Africa.

As such Risk Insights was awarded the Agile Governance Award by the World Economic Forum (WEF) in 2020.

 

 

 

 

A picture containing logoDescription automatically generatedESG GPS

Risk Insights proprietary ESG GPS is a sustainability rating model developed by Risk Insights team that has been used to rate all large caps, mid-caps, and small caps on the

Johannesburg Stock Exchange using AI and machine learning. Being the first Africa-focused AI driven ESG sustainability rating tool. Stay tuned for more information!

To find out more about Risk Insights’ ESG GPS, click here.

Contact Us

To keep up to date, kindly follow our social media using the links below:

               

Or contact us directly here.

Risk Insights and ESG GPS would like to thank you for your continued support. We shall be in contact again next month. We look forward to talk to you!

Sincerely,

The Risk Insights ESG GPS Team

Hertford Office Park, Building J, 90 Bekker Road, Waterfall, South Africa, 1686, info@riskinsights.co.za