Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Mahi Sall is the CEO & Founder of FinXpair, a Berlin-based strategic advisory boutique firm focu[...]
Associations Guide: Roadmap to a Sustainable Future
Boardroom | Mar 14, 2023
Image: Strandberg Consulting Inc., association ESG rating system
The Canadian Standards Association has published the world's first guide for associations on how to create ESG programs, introducing the concept of an ESG/SDG Association
(one that implements measures that result in continuous improvement of the environmental and social performance of its own operations, the sector or profession it represents and its members. A real game changer, as explains Vancouver-based Coro Strandberg in her latest contribution to Boardroom.)
See: Deloitte 2023 Sustainability Report: Most Organizations Have Increased Investment but Tough to Move the Needle
- Climate change. Biodiversity loss. Social inequality. The “great resignation”. The pandemic. The war in the Ukraine. Society and the planet are fraying at the edges. But there are three institutions best placed to put humanity and our environment on a sustainable course: government, investors, and associations—governments because of the regulations they can enact, investors because of their influence on business priorities, and associations because of their reach into professions and organizations around the world.
- Those that are forward-thinking and driven to help their members become future-fit establish ESG (environmental, social and governance) programs to steer their professions and industries through the turbulence. They invest in measures to help re-engineer their memberships to be a force for good.
- “ESG and SDGs for Associations” is the world’s first guide for associations to identify gaps and opportunities in their ESG programs. The special publication defines ESG as the consideration of environmental and social factors in organizations and how they are governed. It situates ESG and the United Nations Sustainable Development Goals (SDGs) as equivalents recognizing that some associations use the SDGs to address the environmental and social impact of their members, while others use an ESG lens.
See: While Sustainability Software Booms, Investors Demand Climate Data Proof
- The guide was developed with a small group of experts and practitioners to outline best practices to support ESG and SDG take-up within associations. It introduces the concept of an ESG/SDG Association which is a business, trade, industry, sector, professional or occupational association that implements measures that result in continuous improvement of the environmental and social performance of its own operations, the sector or profession it represents and its members.
Continue to the full article --> here
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