21, 22 January 2008 | London, UK
12 March 2008 | Montreux, Switzerland
Despite the surge in CSR reporting, ESG analysis and responsible investment activities in recent years, the corporate valuation mechanisms of capital markets appear to stubbornly remain indifferent with respect to the sustainability-related success or -failure of traded companies. Are market makers still unconvinced of the financial materiality of ESG factors or do they simply lack the information and instruments needed to truly integrate ESG factors into investment decision making? To address these questions, UNEP FI and the World Business Council for Sustainable Development (WBCSD) jointly organized a two-day pilot workshop in London that brought together a select group of investor companies via UNEP FI, which included members of the UNEP FI Asset Management Working Group, and investee companies via the WBCSD. The broad aims were to develop a common view on sustainability value, to understand the current gaps in communicating ESG information, and to improve the integration of ESG performance into company valuation. A follow-up workshop will be convened and a broader set of sustainability-focused capital market actors and investee-companies brought together in Montreux, on 12 March, during the WBCSD’s annual liaison delegate meeting.
Documents
- Outcomes of Pilot Workshop – London, UK, 21-22 January 2008 (PDF: 311 KB)
- Outcomes of Follow-Up Workshop – Montreux, Switzerland, 12 March 2008 (PDF: 86 KB)
Contact
valuation [at] unepfi.org,
21, 22 January 2008 | London, UK
12 March 2008 | Montreux, Switzerland
Despite the surge in CSR reporting, ESG analysis and responsible investment activities in recent years, the corporate valuation mechanisms of capital markets appear to stubbornly remain indifferent with respect to the sustainability-related success or -failure of traded companies. Are market makers still unconvinced of the financial materiality of ESG factors or do they simply lack the information and instruments needed to truly integrate ESG factors into investment decision making? To address these questions, UNEP FI and the World Business Council for Sustainable Development (WBCSD) jointly organized a two-day pilot workshop in London that brought together a select group of investor companies via UNEP FI, which included members of the UNEP FI Asset Management Working Group, and investee companies via the WBCSD. The broad aims were to develop a common view on sustainability value, to understand the current gaps in communicating ESG information, and to improve the integration of ESG performance into company valuation. A follow-up workshop will be convened and a broader set of sustainability-focused capital market actors and investee-companies brought together in Montreux, on 12 March, during the WBCSD’s annual liaison delegate meeting.
Documents
- Outcomes of Pilot Workshop – London, UK, 21-22 January 2008 (PDF: 311 KB)
- Outcomes of Follow-Up Workshop – Montreux, Switzerland, 12 March 2008 (PDF: 86 KB)
Contact
valuation [at] unepfi.org