Effective Community Engagement for Promoting Responsible and Sustainable Investment

Effective Community Engagement for

Promoting Responsible and Sustainable

Investment

Prof.Dr.Aung Tun Thet

Responsible Investment

Importance of environmental, social and

governance (ESG) factors

Long-term sustainable returns

Stable, well-functioning and well governed

social, environmental and economic

systems

Responsible Investment

Assessing value and performance of

investment over medium and longer term

Wider view

Full spectrum of risks and opportunities

Aligned with short and long-term interests

of STAKEHOLDERS

Responsible Investment

Differentiated from conventional

approaches to investment in two ways

1. Timeframe

2. Wider contextual factors

Bring sustainability into heart of business

strategy

Responsible Investment Strategies

Proactive consideration of ESG factors in

investment decision-making

Engagement with community

Six Principles of Responsible

Investment

Principles

1. Incorporate ESG issues into investment

analysis and decision-making processes

2. Incorporate ESG issues into policies and

practices

3. Seek appropriate disclosure on ESG issues

Principles

4. Promote acceptance and implementation

within investment industry

5. Work together to enhance effectiveness in

implementation

6. Report on activities and progress

Responsible Investment

Balance

Business needs

Community/national needs

Framework for Responsible

Investment

Five Pillars

Interrelated

Holistic approach

“Living”

Five Pillars

Guidance to governments, industry and

other stakeholders

Identify and advance responsible

investment

Five Pillars

Stakeholders need additional skills,

capacity or resources

Shared vision and common framework

identify opportunities for support

Five Pillars

1. Transparent and Mutually Beneficial Legal

Framework

2. Long-term Planning and Revenue

Management

3. Leverage Investments for Development

Five Pillars

4. Promote Human Rights and Integrated

Development

5. Manage Environmental Risks and Impacts

Shared Goal

Public and private stakeholders

Mutually beneficial

Long-term relationship

Development benefits for population

Reasonable return on investment

Framework

Mutual responsibility of both public and

private stakeholders

Initiatives taken by MIC

Encourage investors to allocate 1-5% of

annual net profit to CSR activities in

consultation with the stakeholders

Encourage greater openness and

transparency

Encourage investors to join the UN Global

Compact

Better Future, Better Myanmar

Action by all

Governments

Corporations

Citizens

Consumers

Workers

Investors

Civil Society

Thank You!

Q/A