Infocus International Introduces New Online Training on Human Capital, Succession Planning, Talent & Performance Management
Infocus International Group has introduced a brand new online training – Human Capital, Succession Planning, Talent & Performance Management and it will be commencing live on 25 October 2021.Continue reading View more
Pros and cons of property stokvels
Stokvels in South Africa are big business and becoming bigger. A group saving scheme that was once used for a likeminded group of individuals who share the same goals to meet short-term needs, such as buying groceries or school supplies at the end of the year, is fast becoming a way for the new generation to build wealth and invest in property.Continue reading View more
Imperial creates value of over R200 billion over two years in Nigeria and South Africa
Imperial is pleased to advise that in F2019 and F2020, it created value of R146 billion and R98 billion for its stakeholders and communities in Nigeria and South Africa respectively, as confirmed by a recent Socioeconomic Impact Assessment study undertaken by Accenture.
“Imperial plays a key role in connecting Africa and the world and improving people’s lives with access to quality products and services. As a purpose-driven organisation with Environmental, Social and Governance imperatives embedded in our business strategy all our businesses remain committed to not just creating but sustaining value for all our stakeholders across our 25 countries of operation”, says Mohammed Akoojee, Imperial’s Group CEO. “We take a holistic approach regarding value creation wherein value is created not only for Imperial but also for other stakeholders in the value chain, including the development of our communities and countries of operation.”
In assessing the direct and indirect value created for Imperial’s stakeholders, these reports commissioned by Imperial, for Nigeria and South Africa looked at its impact through five themes, namely Imperial’s Greatest Asset (people), serving as the ‘Gateway to Africa’ (operations), reaching Beyond Imperial (external stakeholders), transforming by adopting a ‘Go Digital Go Green’ approach (adoption of digital technologies and focus on reducing negative impacts on the environment) and Going the Extra Mile (Corporate Social Investment). Each of these themes was assessed through a framework that systematically considered value to society, value to the logistics industry and to market access, as well as value to partners.
In addition, the socio-economic impact on society was reviewed in light of the United Nations 2030 Agenda for Sustainable Development and the African Aspirations for 2063 defined by the African Union, as various countries, including South Africa, have acted to integrate the goals and targets into their national development plans to align policies and institutions behind them. Imperial’s contribution to the applicable goals and aspirations is highlighted throughout these reports.
“The outcome of the reports also supports Imperial’s objectives to continue to operate as a responsible corporate citizen that is committed to delivering sustainable value and extending its impact to all key stakeholders across the organisation’s value chain,” adds Akoojee.View more
Investec Global Sustainable Equity Fund demonstrates it’s possible to simultaneously do good – and do well
Investec’s Global Sustainable Equity (GSE) Fund prioritises investment into companies doing good, with the aim of helping investors do well. By investing in companies that operate in line with and actively enable the United Nations’ 17 Sustainable Development Goals (SDGs), investors will be ensuring that there’s a future for the planet and its people.
The SDGs were adopted in 2015 as a universal call to action to end poverty, protect the planet, and ensure that, by 2030, all people enjoy peace and prosperity. The 17 SDGs are underpinned by 169 individual targets, which have been encoded into governmental action plans. They represent observable and tangible opportunities for companies to offer solutions and services to help achieve them.
“Through the Investec GSE Fund, investors are able to invest in companies that we believe can provide attractive investment returns over the long-term, through the lens of the SDG framework,” says Investec Wealth and Investment fund manager Barry Shamley. “Investment is, by nature, a long-term commitment that aims to guarantee future wealth. By investing in the Investec GSE Fund, investors combine growing wealth with helping create a positive, sustainable global environment.”
The Investec GSE Fund’s impact is calculated using the Institutional Shareholder Services (ISS) SDG Impact methodology, with the scores of individual companies assessed by ISS considering positive and negative contributions of revenue, operations and controversies towards the SDGs. The Fund’s overall score is +3.8, against the benchmark – MSCI World – of 0.5, delivering a 100% net positive impact against the SDGs.
“The link between sustainability and performance is closer than many think,” says Shamley. “Business practices and outputs that are aligned with the SDGs provide a net positive outcome for the planet and its people while aiming to deliver positive returns. Investec has a two-decade-long history of robust, sustainable internal practices. This long journey towards better practice and behaviour has been extensively documented in its Sustainability Report.
“This history of sustainable business practices was leading us down the path of committing to the broader SDG goals, but the pandemic accelerated the need for immediate action, putting an even brighter spotlight on issues like inequality, food security and access to healthcare than ever before,” says Shamley. “We wanted to be sure that when we launched a related Fund, it was the best it could possibly be – and we’re confident that the opportunity to invest in a Fund that has a net positive impact on the planet while aiming to generate significant returns is an easy bet for investors.”
Concentrated in 30-50 holdings and aiming for quality growth, the Investec GSE Fund’s investment universe is listed global securities including equities, exchange-traded funds (ETFs) and other regulated collective investment schemes.
Benchmarked against the MSCI World Index on a US dollar base currency, the fund invites a minimum investment of US$10 000 for Class A and US$3 000 000 for Class B.
Alongside the establishment of the Investec GSE Fund, Investec has launched the Class of 2030 initiative, pairing a diverse and representative mix of people from South Africa and the UK – the learners – with experts on the SDGs – the tutors – hoping to educate people about the aims of the SDGs. By creating a space where the learners can fully grasp the essential nature of the SDGs by learning from thought leaders in the right spaces, they’ll be educated from the point of not knowing what an SDG is, to becoming ambassadors and experts who can amplify the message and inspire the other 7.8 billion people who make up Earth’s population, to do the same.
To see how the Class of 2030 is taking charge of the planet’s future, follow @TheClassof2030 on Instagram.View more