GABORONE, Botswana, November 2019 – In continued demonstration of commitment to growing the local Asset Management industry, Kgori Capital this week (19th of November 2019) co-sponsored the United Nations supported Principles for Responsible Investment (PRI) Investor Breakfast held in Gaborone, hosted in collaboration with Aleyo Capital and Norsad Finance. The event was held under the theme, “Environmental, Social and Governance (ESG) Integration and Responsible Investment: What Investors Need to Know,” looking to embed a stronger culture of ESG practice for local asset owners.
The engagement brought together various pension fund leaders and key stakeholders to shed greater light on the knowledge they need to make responsible investment decisions as well as enhance the sustainability of both the local and global financial system. This was a platform for education, dialogue and empowerment for individual institutions as well as the wider collective which the sector comprises.
Alphonse Ndzinge, Managing Director of Kgori Capital said, “As a corporate citizen and a proudly Botswana Asset management and investment leader, Kgori Capital values our stakeholder relationships. We always explore purposeful and innovative ways to contribute to our sector’s growth and development, and it was with this in mind that we became a signatory of the PRI Principles in 2012, amongst the only ones in Botswana to do so. The last decade has seen a steady increase in focus of ESG Integration across the globe; we are seeing more of our valued clients and stakeholders ask us about our ESG integration practices, and this is indicative of an opportunity to grow that culture. It is through such platforms as this that we are able to bring together industry players to create meaningful dialogue and engagement designed to positively impact the way we conduct our business, and by extension the sector, today and in the future.”
Nicole Martens, Head of Africa and Middle East at Principles for Responsible Investment (PRI), unpacked the PRI Principles in her keynote address, having previously also spoken to these at the Kgori Press
Club during July 2018.
Martens has been working diligently to strengthen existing and develop new relationships with stakeholders in the investment space and commence design of an Africa-focused strategy for identifying and addressing the needs of African investors with respect to integrating ESG into investment processes and shared her experiences and insights in this regard. This included underscoring trends as regards climate change and responsible investment, as well as sharing key tools and resources for responsible investment to serve as an integral function and way of doing business.
“Kgori Capital, together with our industry counter-parts, recognize the role we play in the socio-economic development of our Nation. This was a platform for sharing practical and relevant information to demonstrate how ESG engagement creates value for both local companies and investors. As a proud Botswana business, we remain committed to responsible investing in line with the ESG framework and it is our hope that, as a sector, we make this standard culture and practice. We need to collaborate through such platforms for the betterment of the sector as a whole,” concluded Ndzinge.