UNEP FI and WBCSD address the ESG inefficiency of Capital Markets in Emerging Economies – Part 3: South Africa

04 November 2008 | Johannesburg, South Africa

In collaboration with Despite the surge in CSR reporting, ESG analysis and responsible investment activities in recent years, the corporate valuation mechanisms of capital markets appear to stubbornly remain indifferent with respect to the sustainability-related success or -failure of traded companies. Are market makers still unconvinced of the financial materiality of ESG factors or do they simply lack the information and instruments needed to truly integrate ESG factors into investment decision making? UNEP FI and the World Business Council for Sustainable Development (WBCSD) are organizing workshops in investment hubs in developed and emerging markets, bringing together institutional investors via UNEP FI and investee companies via WBCSD. The aims are to develop a common view on sustainability value, to understand current gaps in communicating ESG information, and to improve the integration of ESG factors into company valuation. Having successfully convened a first workshop focused on emerging economies in Kuala Lumpur, Malaysia, this will be the African pilot workshop taking place on Tuesday, 04 November, at Johannesburg. It will bring together investor and investee representatives from all financial centers of the region. If you are interested in participating, please send an e-mail to [email protected] with your full details. For further information please see: