An initiative for training our customers on sustainability-related issues such as environmental risk management, energy efficiency opportunities and best practices of corporate governance.
Why Sustainability Week Initiative?
The IIC believes in promoting sustainability. It has been a champion in promoting environmental and social risk management training for financial intermediaries in Latin America and the Caribbean for more than 18 years. Since 2010, through its environmental, social and governance (SEG) initiative, the IIC has also been providing capacity building in the area of corporate governance for companies in the region. In 2015, the IIC merged its environmental and social risk management and its corporate governance training under the same umbrella of the Sustainability Week Initiative.
When the IIC began hosting the environmental and social risk management training courses in Latin America in 1999, the idea of implementing Environmental and Social Management Systems (ESMS) in financial institutions and requiring our clients to do so was something new. Today, this has become an international best practice, with more than 80 financial institutions around the world committing to adopting the Equator Principles.
On the corporate governance side, the IIC recognizes the importance of private sector companies as key drivers of economic growth. Acknowledging the corporate governance challenges that businesses face, the IIC has been training its clients on key aspects of succession planning and governance structures and processes to encourage their sustainability.
About the Event
The event will be held in Lima (Peru), from May 7 to May 11, 2018. IDB Invest will present three training workshops: the first, on Environmental and Social Management for the Financial Sector, will analyze international best practices for achieving good management of operations in the sector and will serve as a platform for discussion on developing risk management practices and lessons learned from the perspective of the banks and other financial agents; the second, on Environmental and Social Sustainability in Infrastructure and Agribusiness Projects, will allow participants to learn about best practices in the sustainable management of such projects. Different sessions will be presented focused on Infrastructure and Agribusinesses so that participants can attend according to their interests. In addition, during the last two days of the week, the Corporate Governance Symposium will be offered. Among other aspects, it will present the latest trends in achieving sound and efficient corporate governance.