What have been the key developments in ESG over the past 10 years, where are we now and what does the future hold? The world has
fundamentally shifted over the last few decades and looking at prot and nancial considerations is no longer enough. Stakeholders including
shareholders, investors, customers and government are expecting more. ESG is the latest trend in sustainability reporting and how is it
changing the way in which we allocate capital, run our operations and develop our strategies? Is ESG investing whilst looking good on paper,
growing because of nancial inows rather than actual growth? Are vanity metrics disguising actual performance? Is ESG just a phase?
How do we encourage organisations to not see ESG as an annoying add on once they have done their strategy but to be used to shape their
strategies and therefore avoid negative perceptions and reactions and maximise the opportunities of positive risks? Being proactive in
developing strategy means better prots in the long run and companies are taking new and innovative approaches to set themselves up in
niche markets and be more agile and competitive. What does this mean for leadership approaches? Diversity and inclusion
How do we encourage organisations to not see ESG as an annoying add on once they have done their strategy but to be used to shape their
strategies and therefore avoid negative perceptions and reactions and maximise the opportunities of positive risks? Being proactive in
developing strategy means better prots in the long run and companies are taking new and innovative approaches to set themselves up in
niche markets and be more agile and competitive. What does this mean for leadership approaches? Diversity and inclusion play a critical role
here what sp we need to do to make sure that diversity issues, including issues relating to women are included? As Boards drive strategy and
provide oversight on governance, they need to drive and champion ESG. A number of companies still however lack a clear policy and
understanding of ESG. What are they key things Boards should know and do? Should board members' remuneration be linked to ESG
performance? This session will focus on our discussions on the latest trends around ESG board awareness and their future role in ESG.
There are cases where Environmental and Social compliance topics in ESG can be at loggerheads. What do companies do, in situations where
reducing carbon emissions leads to increases in poverty and unemployment? Which pillar takes priority and why? Can companies really
expect to comply in equal measure, across all pillars and is the social pillar receiving the attention it should? Why including social aspects is so
vital in Africa.
Impact investing was estimated at $750 billion globally in 2020 and much of it is needed for Africa. Does this approach require new business
models, new ways of addressing nancial risk and possibly new regulation? What needs to be put in place to make sure Africa is the
investment destination of choice? The global investment community have been one of the leaders in ESG and impact investing, to manage
risks in their investments. How do they navigate the myriad of reporting requirements for example like the EU's Sustainable Finance
Disclosure Regulation (SFDR) if they have global portfolios? What are the trends and best practice?
There is a drive globally to standardise ESG reporting given the plethora of standards that are emerging. Can there be common standards across dierent
industries or countries? How do we get to some level and standard that would allow comparisons between companies and countries. Compiling reports covering
all aspects of ESG is a challenging task and not all data is of the same quality. Partly because information for each element could be hosted in dierent
departments across the company. How do you consolidate this data and ensure data accuracy going forward? Is external auditing going to become more
important?
There is a growing trend globally to regulated ESG reporting and disclosures. What are the major regulatory changes that are on the horizon? What do these mean
for developing countries? How government can play a more active role in setting policy and regulation to ensure companies adopt ESG more proactively? As
regulation increases does this mean the number of legal cases related to ESG will also rise? Will legal cases realted to misleading buyers and greenwashing
especially when rating criteria are not clear become the norm as well as claims against the corporate? Isses such as individual director liability, non-compliance to
contractual or legal requirements and stakeholders exercising their rights are likely to increase. What are the key legal risks and how can they be managed?
In this interactive session, delegates will take on the learning journey of the previous day and give the feedback received via the app and other mechanisms. They
will be asked to give any further feedback about what they think are key issues that are unique to Africa, major barriers to progress and opportunities.
A panel will discuss the outcomes of this feedback as well as debate What are the unique issues in ESG investment in Africa? How do we ensure that African
specic needs and circumstances are recognised and integrated into investment approaches? What are the successes we can recognise and build on to ramp up
change and increase resilience?
Diversity and inclusion is an essential element of ESG in Africa not only because of the need to redress inequities of the past but also the critical need for diversity
of thinking. Diversity is not enough on its own, true inclusion of diversity into company processes is where the true value lies by attracting investment,
understanding customer needs, retaining talent, innovation and saving costs, amongst others. ESG strategy needs to recognise and encompass all these facets
and how can this be done effectively?
With many countries and, now the European Union, looking to implement regulation that would prohibit or tax products imported from countries that do not
meet certain standards and require due diligence, how can those operating in developing countries comply? How do we protect the right to develop?
As Africa is a source of many fuels, minerals and metals, many countries heavily rely on extractive industries to drive their economies and provide jobs. Will the
trend in ESG investing mean a shift in their economic mix? Can they transition without major impacts on their citizens? How do we reap the benets of impacting
investing where it can have the greatest impact?
Countries and companies around the worlds are committing to 'net zero' greenhouse gas emission strategies. This will require setting realistic targets and then
monitoring and reporting on them. How will these requirements and guidelines like the TCFD integrate with ESG reporting? What are the common
pitfalls/opportunities?
Given the discussions over the last two days how can we use the knowledge gained and networks created to harness the potential ESG has to change Africa's
future in a positive manner? How do we ensure this happens by promoting transformative ESG practices. How does ESG help get us to the Africa 2063 vision?
How do we increase Africa's agility and resilience in the face of unprecedented change? What message do we want to send?