Alliance Notes:StEP Initiative on E-Waste, Conference, Coffee chat on community, Suppliers

Monday, October 26, 2020

                          Alliance Events, 10/26/20

 

Upcoming Events

 

TMT Program: E-Waste webinar with StEP Initiative

Our next Tech/Media/Telecom webinar will take place on October 28 at 10am EDT with Stephanie Smith, Executive Director of the StEP Initiative (“Solving the E-Waste Problem”), the multi-stakeholder initiative supporting circular economy and zero waste/emissions in electronics. Stephanie will be joined by Dr. Deepali Sinha Khetriwal, Managing Director, Sofies International. Both speakers will give us a bottom-up overview of global program models, legislation, and the role of their organizations in their presentation: ESG, Circular Economy and E-Waste. 

Elisabeth leads the StEP Initiative and heads the Dismantling- and Recycling-Centre (DRZ) in Vienna, a socio-economic facility for the treatment of e-waste. Deepali is Managing Director of Sofies India, as well as a senior consultant in the e-waste domain, working with international organizations and multinational companies on compliance, pilot projects, and system setup. 

Register in advance here. The call is exclusive to emerging markets investment professionals

 

Alliance ESG Conference in December: Registration is Open!

Registration is now open for the Alliance’s 4th Annual EM ESG Conference, which will be held virtually on December 9-10 2020. The event will be hosted by AllianceBernstein and sponsored by JP Morgan, Sustainalytics, HSBC Global Asset Management, and LarrainVial.  The Alliance welcomes investors, issuers, and policy experts to the only conference exclusively focused on ESG in emerging markets.  Day 1 consists of panels and discussions between policy experts, issuers, and investors on top ESG themes dominating investment decisions today.  Day 2 will include small group meetings between investors and corporates focused exclusively on ESG issues and fireside chats on EM ESG topics. Companies confirmed for small group meetings include: Anglogold Ashanti, Antofagasta Minerals, BNDES, Braskem, BRF, Cosan, Grupo Mexico, MHP, Minerva, Rosneft, and SQM. 

Further details and registration here.

Recap of Recent Events

 

Coffee chat on community consent with CCSI and Insuco

On Thursday 22 October the Extractive Industries program kicked off a new series of “coffee chats” on responsible mining with Alliance advisor Remi Piet. Our opening topic was community consent, with guests Tehtena Mebratu-Tsegaye and Leila Kazemi of the Columbia Center on Sustainable Investment (CCSI) and Guillen Calvo of Insuco. Tehtena and Leila recently published a fascinating report, Free, Prior and Informed Consent: Addressing Political Realities to Improve Impact, which they discussed. Guillen, who has worked extensively with communities in Latin America affected by projects including those of Anglogold Ashanti, Continental Gold, and Lundin Gold, provided a number of insights about challenges of achieving successful community engagements on the ground. 

As discussed in our recent Issue Brief on community consent, recent years have brought an uptick in conflicts between communities and mining companies, with some incidence of violence, highlighting difficulties in securing a license to operate for extractive projects.

 

“Beneath the Surface”: Webinar on suppliers in the extractive industries

                                                                    

On Thursday 15 October the Extractive Industries working group welcomed Rob Pitman of Natural Resource Governance Institute (NRGI) to speak about Suppliers. Many mining and energy firms work extensively with suppliers -- and indeed Rob shared data suggesting that operators/license holders (the mining and energy companies that we invest in) spend more on suppliers & subcontractors than they pay their own employees, on average. So suppliers are clearly doing a lot of the work, but often these firms lack transparent disclosures and have in some cases been associated with corruption, raising issues for investors forming a view on a company’s policies and behavior. Rob raised a number of issues that investors should be aware of with respect to operators, as well as good questions to ask companies on this topic. See his presentation here, and let us know if you would like to see a transcript or video replay of this insightful discussion.  

                                The Emerging Markets Investors Alliance is a 501(c)(3) non-profit organization
       that enables institutional emerging market investors to support good governance, promote sustainable development, and improve  investment performance in the governments and companies in which they invest.

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