EMIA NOTES 08-28-2023

Date
 
EMIA Notes - August 28, 2023
 

CONTENTS

 

Announcement

Publications

1. Carbon Transition Initiative Brief: Decarbonization in Steel and Cement Production

Upcoming Webinars

Recordings of Prior Webinars

Volunteer Opportunities

 
 

ANNOUNCEMENT

1. 7th Annual ESG Engagement Conference

 


We invite you to join our 7th Annual ESG Engagement Conference, the longest-running forum dedicated to advancing ESG (Environmental, Social, and Governance) best practices in emerging markets through education and engagement.

November 16 (in-person in New York and online): Presentations by ESG policy experts, issuers, and investors who will delve into corporate and sovereign ESG themes critical to investor engagement, and shed light on best practices.

November 17 (online): Small group meetings with sovereign and corporate issuers to address specific ESG issues and gain valuable insights from industry leaders. Presentations by leading ESG experts.

More details regarding the conference agenda, speakers, and registration will be provided in the upcoming weeks.

 

2.  2023 Dr. Mark Mobius Lecture, Highlighting Thought Leadership in Responsible Investing - Viral Volatility: Mitigating the Impact of Pandemics on Emerging Markets 
Wednesday, September 6, 9 am EDT / 2 pm BST

How can countries and companies in emerging markets prevent, or at least mitigate, the devastating toll of pandemics on people and economies? And how can the financial community play a pivotal role in fighting pathogens?

Three experts will share their pandemic explorations, bringing troves of information and bold ways to meet the challenges of viral mass disruption.

The lecture will discuss and explore the following:
• How the health of humans, animals, and the environment are inextricably linked.
• How plagues throughout millennia have impacted economies. 
• How we measure and rate countries' preparedness for epidemics and pandemics.
• Policies and practices investors can support to protect economic health during future onslaughts of infectious disease.


Speakers:

Sharon Deem, Director, Saint Louis Zoo Institute for Conservation Medicine and ‘One Health’ proponent.

Jennifer Nuzzo, Director, Pandemic Center, Brown University School of Public Health. Co-Leader of the Global Health Security Index.

Charles Kenny, Senior Fellow, Center for Global Development. Author of The Plague Cycle: The Unending War Between Humanity and Infectious Disease.

Mark Mobius, Founder, Mobius Capital Partners. Member of Board of Advisors, EMIA (opening and closing remarks).

 
 

PUBLICATIONS

1. Carbon Transition Initiative Brief: Decarbonization in Steel and Cement Production

The steel and cement industries present formidable challenges on the path to decarbonization due to their energy-intensive processes and inherent emission complexities. 

Addressing these difficulties, our report emphasizes the necessity of strategic interventions to curb emissions. For steel, innovative measures like carbon capture retrofits, transition to electric arc furnaces, and renewable energy utilization are crucial. Meanwhile, in cement production, the pursuit of energy efficiency and renewable energy sources takes center stage. In light of complexities in eliminating emissions from limestone calcination, we explore reduction strategies, and discuss the need for carbon capture and storage measures. 

The report outlines the role of investors in advocating for regulatory support, influencing corporate policies, and driving low-carbon material adoption.

 
 

UPCOMING WEBINARS

Our webinars are open to EMIA members, partners, and affiliates; financial professionals; civil society and multilateral ESG experts; and staff of national governments and publicly listed companies.
Sept
05
10:00 am EDT
3:00 pm BST
1. Climate Lobbying Assessment Tools and Their Application to Methane Emissions
(Extractive Industries Program Webinar)
Tuesday, September 5, 10 am EDT / 3 pm BST
 
Decarbonizing the economy is multifaceted; companies have different means and opportunities to effect this change. Many of them can develop new technologies and processes that help mitigate climate change and/or adapt to its consequences. Even more, businesses can reduce their GHG emissions.

However, another often overlooked lever companies have is lobbying governments and regulators at all levels. By engaging with businesses, investors can, and should, influence this activity to make sure it's helping to transition away from fossil fuels, and not creating obstacles to this process.

Do you know how and to what end your investee companies lobby?


InfluenceMap is a non-profit think tank that has developed a set of tools that collect and analyze information about lobbying activities. The aim is to help investors, other associations and initiatives, as well as governments and companies, monitor lobbying activities and their impact on the climate and biodiversity crises. A team from InfluenceMap will present the tools, review the situation with lobbying across the world, and focus on emerging markets and methane emissions.


Speakers:

Joe Brooks, Program Manager (Investor Engagement), InfluenceMap

Faye Holder, Program Manager (Oil & Gas), InfluenceMap

Yuna Chang, Country Manager (Korea), InfluenceMap

Vivek Parekh, Senior Analyst, InfluenceMap

Veronica Arzaguer, Director, Private Sector Programs, EMIA (moderator)
 
 
Sept
14
10:00 am EDT
3:00 pm BST
2. Financial Inclusion Target Setting, Disclosure and Monitoring 
(Financial Institutions Program Webinar) 
Thursday, September 14, 10 am EDT / 3 pm BS
 
Financial institutions play a major role in promoting and advancing financial inclusion by ensuring all individuals and businesses can access affordable and appropriate financial products and services. As a result, they help create inclusive societies and prosperity for future generations.

The signatories of the Principles for Responsible Banking (PRB) of the United Nations Environment Program Finance Initiative (UNEP FI) commit to making the changes necessary to promote universal financial inclusion and the financial health of their customers. To that end, they set specific, measurable, achievable, relevant, and time-bound targets within 18 months of becoming signatories.

This webinar is about the PRB’s financial health and inclusion framework, more specifically about the targets, indicators and performance measurement the signatories commit to. 

BanColombia will also present its financial health and inclusion framework, which is considered best-in-class among financial institutions.


Speakers:

Laura Diaz Zea, Senior Coordinator, Principles for Responsible Banking, United Nations Environment Programme Finance Initiative (UNEP FI)

Maria Antonia Escobar, Innovation and Sustainability Analyst, BanColombia

Maria Tinedo, Director, Financial Institutions Program, EMIA (moderator)
 
 
 
Sept
20
10:00 am EDT
3:00 pm BST
3. Setting Net Zero Targets in the Cement Industry 
(Materials Program Webinar)
Wednesday, September 20, 10 am EDT / 3 pm BST
 
Cement is one of the most widely used materials by humankind in building infrastructure, houses, and other real estate. Demand for cement is likely to keep growing for decades, with emerging markets being the main consumer. Combine this growth with a complex production process that is difficult to decarbonize, and the task of setting a net zero target will be understandably daunting for any cement or construction company.
 
However, all is not doom and gloom. 
 
SBTi has already developed a set of guidelines on how to set a net zero target. There are some good examples of companies that have had their targets validated and are now working on their implementation. 
 
Join our webinar to learn more about SBTi’s guidance directly from their team. Moreover, you will have an opportunity to ask questions to them and to an EM company that is setting a good example by using this guidance.
 

Speakers:
 
Karl Downey, Head of Sectoral Development, SBTi
 
Aamir Khan, PMO, Sectoral Development, SBTi
 
Fabio Cirilo, Sustainability Manager, Votorantim Cimentos 
 
Pavel Laberko, Director, Materials Program, EMIA (moderator)
 
 
Sept
22
10:00 am EDT
3:00 pm BST
4. How Can Food Companies and Retailers Reduce Food Waste (Consumer Staples Webinar) Friday, September 22, 10 am EDT / 3 pm BST
 
The FAO estimates that each year, approximately one-third of all food produced for human consumption globally is lost or wasted. This amounts to over a billion tons of food and $940 billion in economic losses annually while one in nine people remain undernourished.

Environmentally, food loss and waste inflict a host of impacts, including unnecessary GHG emissions, inefficient use of water and land and biodiversity loss. Around the world, food waste has been recognized as an urgent issue requiring immediate action – the United Nations, U.S. Government, European Parliament, global business coalitions such as the Consumer Goods Forum, have all set goals to cut food loss and waste in half by 2025 or 2030.

The webinar will explore food waste by sector and food type across the food chain and look into its causes and impacts. It will also outline potential solutions and key action areas where the food manufacturers and retailers should focus their efforts in order to achieve national and international food waste reduction goals. 



Speakers:

Alexandria Coari, VP of Capital, Innovation & Engagement, ReFED

Nadine Cavusoglu, Director, Consumer Staples Program, EMIA (moderator)
 
 

RECORDINGS OF PRIOR WEBINARS​

1. Science-Based Targets for Emerging Markets Financial Institutions (Financial Institutions Program Webinar), held on April 20, 2023

This webinar provided an overview of the Science-Based Targets Initiative (SBTi) framework for financial institutions and hosted a discussion with Taiwan’s Cathay Financial Holdings and South Korea’s Hana Financial Group about the framework’s challenges and opportunities based on their own experience setting up their respective net zero targets.

 
 
Other Prior Webinars Our webinar recordings are available to EMIA members and partners. To watch them visit our events page.
 
 

VOLUNTEER OPPORTUNITIES​

1. Volunteer Opportunities

The Emerging Markets Investors Alliance could not function without its many volunteers who contribute their skills to our future. If you want to be part of our project, please send us an email at applicants@emia.org including your resume/ or LinkedIn profile, and mentioning "Volunteer Opportunities" in the subject line.

 

 

The Emerging Markets Investors Alliance (EMIA) is a 501(c)(3) non-profit organization whose mission is to enable institutional investors to use the power of their collective capital and voices to advocate for a more sustainable future. EMIA "Programs" are activities that bring together investors, policy experts, and governments or companies for the purpose of improving ESG best practice adoption. EMIA Programs focus on sovereigns (e.g., Government Debt and Fiscal Governance Program, Sovereign Decarbonization) and on sectors (e.g., Agricultural Program, Extractive Industries, Financials Program and Telecom, Media, and Technology Program).