In this final session, Oshani Perera, the former Director of IISD’s Infrastructure Program, spoke to a very distinguished guest: Dr. Joseph Mariathasan. Their conversation focused on quantitative impact measurement and environmental, social, and governance (ESG) reporting by companies.
Joseph Mariathasan is a Contributing Editor of Investments & Pensions Europe magazine and Director at GIST Advisory. GIST (Global Initiative for a Sustainable Tomorrow) is an international sustainability analytics, solutions, and insights firm.
Watch the full recording below:
In this conversation with Oshani Perera, he highlights the importance of assessing companies based on both their financial performance and their positive and negative impacts on the environment and society. He presented GIST’s work in this space, which has triggered the attention of many asset owners who are interested in ESG impact measurement and ESG reporting by companies.
But indeed, the insights that are being generated by GIST’s analytics are not only of value to asset owners and potential private investors, they could also be insightful for policy-makers and public sector decision-makers that design public spending programs and recovery measures in light of the ongoing COVID-19 pandemic.
GIST’s work provides an excellent example of how governments’ allocation of recovery spending to private companies affected by the pandemic could actually enable a sustainable recovery of our economies. Public spending and fiscal support measures could be linked to the impact track record of companies or could be tied to future impact performance requirements.