ESG Working Group
The Environmental, Social, and Corporate Governance (ESG) Working Group within the ICFOA is dedicated to advancing global thinking and strategic planning in the realms of environmental stewardship, social responsibility, and ethical corporate governance. This team plays a pivotal role in supporting and facilitating the transition of businesses to sustainable models, aligning with the evolving global standards and expectations of corporate responsibility.
Working Group Members: | |||
|---|---|---|---|
1. Chair: | David Wray | DFCG | david@davidwray.com |
2. Members: | TBC | ||
3. Members: | TBC | ||
4. Members: | TBC | ||
5. Members: | TBC |
Key Functions of the ESG Working Group
The ESG Working Group’s activities and workplan aim to position the ICFOA as a leader in promoting environmental, social, and governance excellence, reflecting its commitment to fostering a sustainable and ethically responsible finance profession.
- Research and Knowledge Sharing:The group focuses on researching emerging trends, best practices, and innovations in ESG. It disseminates this knowledge among ICFOA members and the broader financial community to foster informed decision-making and strategic planning.
- Policy Development and Advocacy:The working group contributes to the development of ESG policies, advocating for standards and practices that promote sustainability, social justice, and ethical governance within the corporate sector.
- Member Guidance and Support:It provides guidance and support to ICFOA members in integrating ESG principles into their operations, helping them navigate the complexities of implementing sustainable practices.
- Collaboration and Partnerships:The group collaborates with external stakeholders, including regulatory bodies, non-profits, and other professional associations, to advance ESG initiatives and create a broader impact.
Workplan Highlights:
The ESG Working Group’s activities and workplan aim to position the ICFOA as a leader in promoting environmental, social, and governance excellence, reflecting its commitment to fostering a sustainable and ethically responsible finance profession.
- Annual Online ESG Virtual Conference:Organize an annual conference bringing together experts, practitioners, and policymakers to discuss ESG-related topics, share insights, and foster collaboration.
- ESG Training and Workshops:Implement a series of online workshops for ICFOA members, focusing on practical aspects of ESG integration, reporting standards, and compliance.
- Sustainable Business Model Transition Framework: Develop a framework to assist businesses in transitioning to sustainable models, including toolkits and best practice guidelines.
- Policy Advocacy Campaigns: Make submission to advocate for robust ESG policies at national and international levels, engaging with stakeholders to push for meaningful change.
- Member Advisory Services: Establish a consultation service for ICFOA members seeking to implement ESG initiatives, offering personalized advice and support.
- Collaborative Research Projects: Initiate research projects in partnership with academic institutions or other organizations to explore innovative ESG solutions and strategies.
- ESG Excellence Recognition Program: Create an annual recognition program to honour ICFOA members who demonstrate outstanding commitment to ESG principles.