IFC Sustainability Webinar Series

IFC Sustainability Webinar Series

The IFC Sustainability Webinar Series offers IFC expertise and thought leadership on sustainability issues. Recorded sessions are available for free on this webpage.

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2019 Webinars 2018 Webinars
2017 Webinars 2016 Webinars
2015 Webinars 2014 Webinars 


Meet MALENA: Using Artificial Intelligence to Strengthen Environmental & Social Risk Management

IFC has over 15 years' worth of rich environment, social and corporate governance (ESG) data for emerging markets.

What if we could efficiently mine that data to make better-informed decisions and strengthen our guidance to IFC investment clients? What if we could move markets by aggregating that data at the sector, sub-sector and country level and share it externally to help de-risk and attract emerging markets investment? And what if we could draw on publicly available Environmental and Social Impact Assessments and other data sources to complement this data?

Based on work we've been doing over the past year +, we know it's not a matter of if, but when. And in terms of who? It's MALENA.

Developed in partnership with the World Bank Innovation & Technology Lab and IFC, MALENA – Machine Learning ENvironmental (Social & Governance) Analyst – aims to inform IFC's ESG due diligence, enabling us to learn what does and does not work in terms of helping clients manage their ESG risks.

Presented by specialists from IFC and the World Bank, this free 1-hour webinar provides an opportunity to learn more about how IFC is using disruptive technologies to strengthen our support to clients and the market.

About the Presenters:
 Atiyah Curmally, IFC Atiyah Curmally is a Principal Environmental Specialist with IFC's Environmental, Social and Governance (ESG) Sustainability Advice and Solutions Department. Her responsibilities include the development of IFC's ESG strategy for public capital markets and support to senior management on global sustainability issues connected to financial markets and corporate governance. Ms. Curmally's prior responsibilities have included overseeing environmental and social investment support to IFC's Financial Markets, Funds and Short-term finance Departments and development of IFC's ESG advice and solutions offerings for financial markets. Her previous work experience includes positions with private-sector and non-profit institutions focused on infrastructure project finance and risk management for financial markets. Ms. Curmally has advanced degrees in Environmental Studies and Economics from Brown University and the London School of Economics.

Susan Holleran, IFC

Susan Holleran is a Senior Knowledge Management (KM) Officer with IFC's ESG Sustainability Advice and Solutions Department. Since 2008, she's led a team of high performing KM and learning professionals focused on talent management and learning; web tools and technology; and knowledge products, research and data. Before IFC Ms. Holleran worked for 11 years at Mercer, a global consulting firm, where she led web publishing, KM and communications and marketing for the US corporate legal and research group. At Mercer, her primary responsibility was to manage all aspects of a subscription website, which brought in over US $6 million per year. Ms. Holleran has an MBA from George Washington University and Masters in Public Communications from American University.

Carlos Arias, IFC

Carlos Arias is a Senior Enviromental and Social Specialist with IFC's ESG Sustainability Advice and Solutions Department, where he leads the Quality Assurance and Systems team. Mr. Arias is responsible for portfolio environmental and social performance and risk monitoring, updating the ESG risk management system, and supporting ESG management-informed decisions.

Pratheep Ponraj, World Bank

Pratheep Ponraj is a Senior IT Officer with the World Bank Group Technology & Innovation Lab. At the Innovation Lab, Mr. Ponraj works on several disruptive technologies including artificial intelligence, machine learning, geospatial, augmented reality, and more. He is also actively involved in several World Bank Group projects working to apply emerging technologies to solve sector challenges, including in health, education, water, justice sector modernization, wildlife conservation and poaching, agriculture, and disaster recovery. Additionally, he has published a paper on applying technologies to better monitor public sector service delivery to citizens and address governance challenges.

Global Map of Environmental and Social Risks in Agro-Commodity Production (GMAP)

Agriculture is an important economic sector and source of employment in many emerging markets. In low-income countries, the agricultural sector may account for 60 to 80 percent of total employment and half of a country's gross domestic product. By 2050, there will be two billion more people in the world; a 70 percent increase in global food production will be needed to feed this increase in population.

Together International Finance Corporation (IFC) and World Wildlife Fund (WWF) are helping to support agribusiness firms and banks that finance the agricultural sector to do business in a sustainable way. For many, identifying and managing supply chain risks related to child and forced labor, significant safety risks to supply chain workers, conversion of natural and critical habitats, and loss of biodiversity represents a key challenge. IFC and WWF have developed the Global Map of Environmental & Social Risks in Agro-Commodity Production – GMAP – to streamline and expedite the identification and management of supply chain risks.

GMAP is an online tool based on a unique methodology aligned with the supply chain requirements of the IFC Performance Standards on Environmental and Social Sustainability. Using publicly available data, GMAP analyzes environmental and social supply chain risks for approximately 250 country-commodity combinations in emerging markets and facilitates rapid agro-commodity trade financing and sourcing decisions. As of May 2019, GMAP also integrates data from Sustainability Map, developed by International Trade Centre (ITC), allowing users to identify applicable certification schemes covering risks flagged in GMAP.

Presented by specialists from IFC, WWF and ITC, this free 1-hour webinar provides an opportunity to explore GMAP and current and forthcoming enhancements to the tool, including the recently added ITC Sustainability Map data.

About the Presenters:

Susan Holleran, IFC

Susan Holleran is a Senior Knowledge Management (KM) Officer with IFC's ESG Sustainability Advice and Solutions Department. Since 2008, she's led a team of high performing KM and learning professionals focused on talent management and learning; web tools and technology; and knowledge products, research and data. Before IFC Ms. Holleran worked for 11 years at Mercer, a global consulting firm, where she led web publishing, KM and communications and marketing for the US corporate legal and research group. At Mercer, her primary responsibility was to manage all aspects of a subscription website, which brought in over US $6 million per year. Ms. Holleran has an MBA from George Washington University and Masters in Public Communications from American University.

Daniel Brizuela, World Wildlife Fund (WWF)

Daniel Brizuela is a Senior Program Officer in Private Sector Engagement at the World Wildlife Fund (WWF). His work at WWF focuses on corporate sustainability and the analysis of environmental and social impacts of corporate supply chains. In this role he has led or assisted in the development of several methodologies and tools to assist companies and financial institutions better understand the environmental risks and how to manage those risks, including WWF's work with IFC on the development of GMAP, as well as WWF's Supply Risk Analysis and the Water Risk Filter.

Regina Taimasova, International Trade Centre (ITC)

Regina Taimasova works in the Division of Enterprises and Institutions (DEI) for the Trade for Sustainable Development Programme in Sustainable and Inclusive Value Chains section of the International Trade Centre (ITC). She has more than six years of experience in international trade and sustainable development, and is responsible for capacity building for enterprises and trade support institutions on sustainability standards, maintaining the Sustainability Map database, and research. She previously worked at the World Trade Organisation (WTO) in Trade Policies Review Division and as a consultant on SME export competitiveness for a CBI (the Netherlands) funded programme. Ms. Taimasova holds a Bachelor's Degree in Economics and MSc Degree in International Economics from Essex University (United Kingdom) and speaks English, French, Italian and Russian.

Mathieu Lamolle, International Trade Centre (ITC)

Mathieu Lamolle is Senior Advisor on Sustainability Standards and Value Chains with the International Trade Centre (ITC). He joined ITC in October 2007 and leads the development of the Sustainability Map global repository of sustainability standards, codes of conduct and audit protocols (www.sustainabilitymap.org). He coordinates partnerships with private companies and NGOs on the use of Sustainability Map and provides technical assistance to develop sustainable sourcing strategies, helping companies to integrate sustainability in their supply chains and meet international markets' requirements. Mr. Lamolle has over 15 years of experience in international trade, market access and sustainable development issues. He holds a Master's degree in International Economics and Management from the Solvay Brussels School of Economics and Management (SBS) and speaks English, French and Spanish.

Creating Green Bond Markets in Africa

Globally, as much as $7 trillion a year in investments will be needed to achieve the Sustainable Development Goals by 2030. IFC research has identified US$23 trillion in climate-focused investment opportunities alone for 21 emerging-market countries in that time. Green, Social and Sustainability Bonds are new types of bond instruments that facilitate these investments and can help countries to achieve national sustainable development roadmaps. With that in mind, in 2018 the IFC-facilitated Sustainable Banking Network (SBN), guided by members and experts from 21 countries and 30 organizations, and in partnership with the Climate Bonds Initiative (CBI), reviewed regulatory efforts in over 22 emerging markets to promote issuance of green and sustainability bonds.

This free webinar presents exclusive insights from the report "Creating Green Bond Markets", the most comprehensive review to date of the green bond trend in emerging markets and offering the first practical Green Bond Market Development Toolkit. It features presentations by the Climate Bonds Initiative (CBI) – report co-authors – and the Morocco Capital Market Authority (AMMC) – co-chair of the SBN Green Bond Working Group – on what these findings mean for African countries. It will also explore how African countries can further unlock the shared opportunities in green and inclusive investment across the continent.

About the Presenters:

Sean Kidney – CEO of the Climate Bonds Initiative (CBI)

Sean Kidney is CEO of the Climate Bonds Initiative (CBI). Sean focuses on promoting investment priorities for climate and green bonds, how governments can take advantage of the green bonds market and the development of international collaborations.

A regular speaker on climate change and finance, Sean has over the past year spoken at conferences and seminars on six continents. His background is in stakeholder communications, social change strategy and issues marketing. He was previously a marketing advisor to a number of the largest Australian pension funds and an owner of social marketing, web site development and current affairs publishing firms.

He serves as a member of the European Commission's Technical Expert Group on Sustainable Finance; is co-Chair of the India Green Bonds Council; and is a member of the UK Green Finance Task Force. He has provided advice to the People's Bank of China on how to grow green bonds in China; has been a member of the Commonwealth Expert Group on Climate Finance; and has been a consultant on green bonds to the United Nations Secretary General. Sean also acts as convener of the Green Infrastructure Investment Coalition (GIIC).

Yasser Mounsif – Head of Corporate Finance and Financial Disclosure at the AMMC (Moroccan Capital Market Authority)

Yasser Mounsif is Head of Corporate Finance and Financial Disclosure at the AMMC (Moroccan Capital Market Authority). Yasser supervises the approval of issuer prospectuses as well as their compliance with ongoing information obligations. He is also actively involved in many regulatory projects and working groups aimed at market development, such as sustainable finance, where he had a significant contribution in drafting the Moroccan guidelines for Green, Social and Sustainability Bonds.

Yasser joined the AMMC in 2008 where he held several positions before being appointed as Head of Corporate Finance and Financial Disclosure. Prior to joining the AMMC, he was responsible for internal auditing at a multinational company. Yasser holds a master's degree in corporate finance from Al Akhawayn University in Ifrane (Morocco).

Jennat Benhida – Head of Regulation Unit at the AMMC (Morocco's Capital Market Authority) and an Associate Professor at the Mohammed V University of Rabat

Jennat Benhida is Head of Regulation Unit at the AMMC (Morocco's Capital Market Authority) and an Associate Professor at the Mohammed V University of Rabat. Jennat holds a master's degree in finance as well as a PhD in economics from the Mohammed V University of Rabat in Morocco. Her research interests are in the areas of behavioral finance and financial macroeconomics, and have led to publications in specialized journals.

After a first experience as a macroeconomist at the Central Bank of Morocco, she joined the AMMC in 2009 where she held various positions before being appointed head of the regulation unit. Her work is centered on developing new standards for the Moroccan capital market regulation and on monitoring new trends affecting the market, including Fintech and sustainable finance. She is also the AMMC representative in technical committees of international bodies, notably the IOSCO – International Organization of Securities Commissions.

Louise Gardiner – Africa and Green Bonds Coordinator, Sustainable Banking Network (SBN), IFC

Louise Gardiner is Africa and Green Bonds Coordinator, Sustainable Banking Network (SBN), IFC. Established in 2012 with support from IFC – part of the World Bank Group – the Sustainable Banking Network (SBN) is a community of financial sector regulators and banking associations from 35 emerging markets with a shared ambition to transform the financial sector towards greater environmental, social and governance (ESG) sustainability. SBN members now represent over US$43 trillion in banking assets, accounting for more than 85 percent of the total banking assets in emerging markets.

Women in Business Leadership – A Boost to ESG and the Triple Bottom Line

In advocating for the value of gender diversity on boards and in senior management, environmental, social and governance (ESG) practitioners frequently cite research illustrating the business benefits, including improved financial performance and shareholder value, rising investor confidence, and enhanced market knowledge and reputation.

But does the research really add up?

This webinar was conducted with the authors of the IFC publication Women in Business Leadership Boost ESG Performance: Existing Body of Evidence Makes Compelling Case, Prof. Dr. Alexandre Di Miceli da Silveira and Prof. Dr. Angela Donaggio. The authors conducted a comprehensive literature review to uncover substantial evidence connecting increased gender diversity in business leadership with enhanced environmental, social and governance standards. They identified equally strong evidence connecting better ESG with stronger corporate performance, building a comprehensive business case for the value of women's participation on boards and in senior management.

About the Presenters:

Prof. Dr. Alexandre Di Miceli da Silveira - Direzione Management Consulting

Prof. Dr. Alexandre Di Miceli da Silveira is a founding partner of Direzione Management Consulting and full professor of corporate governance and ethics at Alvares Penteado School of Business in Sao Paulo. He is the author of several best-selling books on these topics in Brazil, including The Virtuous Barrel: How to Transform Corporate Scandals into Good Businesses via Behavioral Ethics, Corporate Governance in Brazil and in the World, and Corporate Governance: The Essentials for Leaders. Alexandre has worked on projects related to the improvement of governance practices at more than two dozen major corporations. He is an independent consultant for multilateral institutions such as IFC and OECD and a member of the committee that prepared the Brazilian Code of Best Practices issued by the IBGC. Alexandre has a Ph.D. and M.Sc. in management from the University of Sao Paulo, Brazil, and has been a visiting professor at Cornell University and Université Catholique de Louvain. For his contributions to corporate governance in Brazil, Alexandre is the recipient of several prestigious awards.

Prof. Dr. Angela Donaggio, Direzione Management Consulting

Prof. Dr. Angela Donaggio is a founding partner at Direzione Management Consulting, with vast experience in corporate governance, securities regulation, compliance, risk management and diversity projects involving the improvement of corporate governance models and practices. She is a professor of corporate law and corporate governance at FACAMP, a researcher of the Center for Law, Gender and Identity at the Getulio Vargas Foundation (FGV) and a lawyer. She is the author of several academic papers on corporate governance, compliance, diversity, corporate law and securities regulation. Angela has a Ph.D. in Corporate Law from the University of Sao Paulo, Brazil, and has held visiting researcher positions at the law schools of Harvard and Cornell Universities. She has a master's degree in Business Law and Social and Political Development from the Getulio Vargas Foundation.

Introduction to the Good Practice Note on Managing Risks Associated with Modern Slavery

In recent years, the issue of modern slavery has come increasingly under the spotlight including among investors and private sector companies. This has been driven by a greater understanding of the scale and scope of the issue, policy debates including national modern slavery legislation, the inclusion of a target to end modern slavery in the UN Sustainable Development Goals, and heightened scrutiny from media and civil society. The private sector is also more aware of the business implications of failing to manage modern slavery risks, as well as the positive effects around reduced business risk, continuity of operations, access to markets and increased worker productivity.

Presented by IFC in collaboration with its partners that jointly supported the development of this note (CDC Group, EBRD, and DFID), this webinar provides an introduction and overview of the recently developed Good Practice Note, Managing Risks Associated with Modern Slavery. This GPN aims to provide an understanding of why action is necessary, how to manage and address issues, and the need for cooperation with others. The webinar will provide an overview of modern slavery as it relates to international norms and standards, key drivers and the business case for addressing modern slavery risks, and will discuss practical guidance and present tools on how to assess, mitigate and remediate modern slavery risks.

The GPN is of relevance and practical use for two main audiences, investors and companies. Among these the guidance targets DFIs, banks, private equity firms and other financial institutions that provide capital to private companies in emerging markets, as well as companies operating across sectors. For the latter, the GPN can serve a range of company functions, including management, human resources, sustainability and procurement.

About the Presenter:

Cindy Berman - Ethical Trading Initiative (ETI)

Cindy Berman is Head of Modern Slavery Strategy for Ethical Trading Initiative (ETI). She is a recognized expert on modern slavery in global supply chains. With Ergon Associates, she is the co-author of the IFC/CDC/EBRD/DFID Good Practice Guidance Note on Modern Slavery for development finance institutions. She led the development of ETI's Human Rights Due Diligence Framework and ETI's Base Code Guidance Reports on Modern Slavery and Child Labour, and has co-authored two research studies with Hult/Ashridge Business School, amongst other reports. Cindy sits on a number of international expert groups and advisory panels, including the UNOHCHR, OSCE, ILO 8.7, UK Modern Slavery in International Supply Chains Advisory Group, Business & Human Rights Resource Centre Modern Slavery Registry, and is involved in a number of collaborative research programs.

Cindy spent ten years at the UK Department for International Development where she led and developed DFID's flagship modern slavery program, Work in Freedom, to prevent forced and child labor for 10,000 women and girls from South Asia and the Gulf States. She was DFID's Asia Regional Senior Social Development Advisor responsible for policy advisory support and regional programs in Asia as well as East Africa and also developed DFID's Social Exclusion Policy. She is also a Southern Africa specialist, having grown up in South Africa, lived and worked in the region for many years. Prior to joining ETI, Cindy worked for the ILO for 3.5 years as Senior Policy Advisor at the ILO UN Liaison Office in New York, the Commonwealth Secretariat, Christian Aid and other non-governmental bodies.

Introducing the Good Practice Handbook on Environmental Flows for Hydropower Projects

In response to a growing interest for hydropower companies in emerging markets to invest upfront in robust social and environmental risk assessment systems, IFC is developing a host of resources for private sector companies to help them develop the capacity for assessing those risks. The Webinar Series on Sustainable Hydropower will showcase these resources, starting with the recently released Good Practice Handbook on Environmental Flows for Hydropower Projects.

Ensuring suitable environmental flows downstream of hydropower projects is critical to protecting freshwater ecosystems and providing for community needs, but to-date there has been limited understanding of the appropriate types and level of assessment. Developed in collaboration with the World Bank, the Good Practice Handbook on Environmental Flows for Hydropower Projects, provides guidance to practitioners on determining a project's environmental flow commitments through a rigorous assessment of impacts on downstream river ecosystems and people. This free one-hour webinar provides an introduction to the Handbook, facilitated by Pablo Cardinale, IFC Principal Environmental Specialist, and presented by Cate Brown, Director and Senior Consultant at Southern Waters Ecological Research and Consulting.

About the Presenters:

Cate Brown

Cate Brown is Director and Senior Consultant at Southern Waters Ecological Research and Consulting. She is an Aquatic Ecologist and Integrated Environmental Flow Practitioner.

Pablo Cardinale

Pablo Cardinale is a Principal Environmental Specialist at IFC with over 20 years of experience managing environmental and social risk in infrastructure projects, with special emphasis on renewable energy.

Women on Boards and in Business Leadership: Navigating Stereotyping and Unconscious Bias in the Workplace

Studies show that female talent is among the least utilized economic and business resources around the world. Making even small inroads in closing the global gender gap could quickly yield strong results, with the potential to increase global gross domestic product by $5.3 trillion over the next seven years, according to a 2017 report from the World Economic Forum. For listed companies, failure to capitalize on these resources—for example, by adding more women to their boards and ranks of senior leadership—represents a substantial opportunity cost. IFC's Corporate Governance Group is promoting the business case for more women on boards and in senior leadership by building capacity, raising awareness, reporting on the benefits of board diversity, and expanding the pipeline.

Presented by Corporate Governance Trainer, Brenda Bowman, this free 1-hour webinar provides an opportunity to share ideas and discuss:

  • The meaning of unconscious bias: What happens when we buy into it, along with the stereotypical profiling of women in the workplace
  • How unconscious bias and stereotyping undermines the achievement potential and personal growth of women leaders
  • Emotional intelligence skills we use: What will help blunt the impact of unconscious bias
  • Bias-busting actions:
    • START doing to reduce the impact of unconscious bias
    • STOP doing to reduce the impact of unconscious bias
    • CONTINUE doing to reduce the impact of unconscious bias
About the Presenter:

Brenda Bowman

Brenda Bowman is an expert in adult learning, curricula development and workshop design, leadership-coaching and building the capacity of boards. She leads conferences and workshops on Governance throughout the world for bankers, entrepreneurs, leaders of Non-Government Organizations and Faith- Based Organizations, government officials, corporate executives and boards of directors. She has been a master trainer for the IFC Corporate Governance Group faculty since 2007. In Training of Trainers workshops, she presents the theory and practice of Emotional Intelligence (EQ) and Experiential Learning. Her innovative approaches link the experience of adult learners with intellectual comprehension, thus creating new knowledge and leading to high levels of performance and leadership.

She specializes in building the capacity of training institutions, advising on a sustainable business approach to program development, the training of trainers and the development of materials. She co-authored the IFC's Corporate Secretary's Manual and has helped develop IFC's training modules for the Women on Boards and Business Leadership Program.

Brenda has directed capacity building programs in Africa for USAID, UNDP and the United States Peace Corps, specializing in strategic planning, program management, and organizational development. She has also evaluated health and education programs for not-for-profit organizations. Her recent consultancies have focused on Women on Boards and Leadership, Supportive Supervision, and a culture of Restorative Justice within large organizations. She holds a Bachelor of Education (B.Ed.) degree from Makerere University in Uganda and a Masters in Applied Linguistics (M.Sc.) from Edinburgh University, Scotland.

Managing Contractors' Environmental and Social Performance – An Overview of IFC's Good Practice Note

Companies are frequently challenged at managing the environmental, social and health and safety performance of their contractors and subcontractors. This is mainly due to the need for better integration of environmental and social (E&S) issues into contractor and subcontractor procurement and management and/or a need for a better understanding of the application of a risk-based approach to contractor management.

Presented by IFC's EMENA (Europe, Middle East and North Africa) regional team lead, Raymi Beltran, this free 1-hour webinar provides an introduction and overview of the recently developed Good Practice Note (GPN) on Managing Contractors' Environmental and Social Performance. This GPN is aimed at helping clients implement sound, consistent, and effective approaches to manage the E&S performance of their contractors, subcontractors, and other third parties working for their projects. The webinar will also discuss practical guidance on the processes of prequalification, solicitation, evaluation, contracting, and procurement to ensure adequate E&S management in line with IFC Performance Standards, during construction, operation, and demobilization activities.

About the Presenter:

Raymi Beltran

Raymi Beltran is a Senior Environmental Specialist and Regional Team Lead for IFC's ESG Department, based in Istanbul, Turkey. He has over 18 years of experience in environmental and social management working on oil, gas, mining and infrastructure projects in Europe, Middle East, Asia, Africa and Latin America. Raymi has been with IFC for eight years, working closely with private sector companies in assuring compliance with IFC's Environmental & Social Performance Standards (PSs), Environmental, Health, and Safety (EHS) Guidelines, and adopting Good International Industry Practices. His prior experience includes several years in environmental engineering consultancy in the United States as well as private sector work for large oil, gas and mining companies in Peru and Chile.

Introducing the Good Practice Notes on Life and Fire Safety for Hotels and Hospitals

Adequate life and fire safety (L&FS) provisions in buildings accessible to the public are critical to protect occupants in case of an emergency. Hotels and hospitals pose a particular challenge, as occupants are often unfamiliar with the building, or unable to evacuate on their own.

Presented by Elena Chuzhakova (IFC), Luis Cestari (IFC), and Ralf Bruyninckx (FPC Risk), this free 1-hour webinar provides an overview of IFC's two new L&FS resources, IFC Life and Fire Safety: Hospitals and IFC Life and Fire Safety: Hotels. These good practice notes are not intended as compliance guides or substitutes for IFC's core L&FS requirements. Rather, they have been developed as technical references to clarify key L&FS design criteria and operational requirements for aligning new and existing facilities with good international industry practice.

This webinar aims to:

  • better inform clients and stakeholders about IFC's expectations in terms of technical L&FS requirements for buildings accessible to the public (e.g. hotels and hospitals); and
  • share information about the spectrum of fire risks and applicable fire safety strategies for hospitals and hotels during design and operation.
About the Presenters:

Elena Chuzhakova

Elena Chuzhakova is a Senior Environmental Specialist with IFC's Environment, Social and Governance Department, based in Moscow. She is responsible for the environmental, health and safety appraisal and monitoring of investment projects. For five years, from 2012-2017, Elena acted as Global Environmental and Social (E&S) Sector Lead for IFC's Services projects (health care, education, tourism and retail), focusing on the L&FS aspects of these investments. In 2011, Elena completed a Fire Risk Assessment and Fire Safety Management Course with the UK's National Fire Protection Association. By education, Elena is an environmental engineer and graduated from the Russian University of Chemical Technology. Prior to joining IFC in 2005, Elena worked as a consultant specializing in solid waste management. Elena is also a certified ISO 14001 auditor.

Luis Cestari

Luis Cestari is a Consultant with IFC's Environment, Social and Governance Department, based in Washington, D.C. Luis has a Master's of Science in Fire Protection Engineering from the University of Maryland and over 25 years of experience as a life and fire safety engineer. His experience includes heavy industry (power, utility, oil and gas, military), architectural and engineering business processes, operational risk assessments, project management, operational health and safety, security and emergency response planning. In addition, Luis is a member of the National Fire Protection Association and is a professional member and technical instructor for the Society of Fire Protection Engineers.

Ralf Bruyninckx

Ralf Bruyninckx is the CEO of FPC Risk, responsible for the overall management of FPC Risk and Global Business Development. He began his career as a fire risk engineer in 1998 and combines an engineering degree with a business background. His primary expertise is in fire risk analysis and performance-based design. Ralf was the first European to graduate from the Fire Safety Master Program at Worcester Polytechnic University in the United States and is a strong advocate of innovative thinking.

Behind the Boardroom Doors – Improving Board Functioning by Leveraging Behaviors and Personality Types

IFC's Corporate Governance Group promotes board efficiency across emerging markets as part of its agenda to help our clients do business in a sustainable way. While the board ultimately speaks with one voice, behind the boardroom doors board members are expected to express their individual opinions. Board functioning is therefore necessarily impacted by the personality of each of its individual board members.

Presented by seasoned board director and corporate governance advisor, Richard Westlake on August 29, 2017, this free one-hour webinar explored the diversity of personality and behavior as a factor influencing board composition. This webinar considered questions including how to recognize different personality phenotypes, how diverse personalities can enhance rather than hinder board functioning, and how to prevent and resolve personality clashes.

About the Presenter:

Richard Westlake


Richard Westlake, MA (Oxon), AFInstD is based in New Zealand, where he established Westlake Governance, an international governance advisory business, in 1999. He has more than 20 years of experience as a board chair and director, currently chairing several boards in different sectors. Richard has worked in the banking industry for more than three decades and is the author of Focus 11 "Guidance for the Directors of Banks," published by IFC in 2013.

Richard is a highly sought after trainer and facilitator for boards, directors and chairs in New Zealand and internationally. He leads governance development programs in many regions, including South and East Asia, Australia, the Middle East and the Pacific. Richard is a Chartered Fellow of the New Zealand Institute of Directors (CFInstD), with over 20 years' experience as a Director and Board Chairman, and currently chairs Careerforce, the Industry Training Organisation serving New Zealand's health, disability and aged care workforce.

Richard is the first independent director of the Dairy Goat Co-Operative (NZ) Ltd, the world's leading exporter of goat's milk infant formula, and a director of Rizal Commercial Banking Corporation (RCBC), one of the main banks in the Philippines. Among previous roles, Richard chaired software company Intergen Limited, and was a founding director of Kiwibank Limited for ten years from 2001, where he chaired the board's Finance, Audit & Risk Committee. He was Chair of Standards New Zealand from 2003-2010, Establishment Chairman for two State-Owned Enterprises, MetService and Quotable Value, and has chaired and served on the boards of several other companies, government-owned entities and NGOs. Richard's executive roles have included five years as Chief Executive of a regional bank in New Zealand, Interim Chief Executive of a regional council, and four years as Chief Operating Officer for the New Zealand of a leading British bank. Much of Richard's earlier career experience came through fifteen years' merchant banking in New Zealand and Australia.

Practical Guidance on Conducting Environmental & Social (E&S) Due Diligence Aligned with the IFC Performance Standards for Financial Intermediaries

Presented by Emiola Abass on June 12, 2017, Environmental and Social Development Specialist at IFC, this free one-hour webinar provides guidance to financial intermediaries on conducting E&S due diligence against the IFC Performance Standards. This webinar is designed for E&S officers and relationship officers of financial intermediaries. The session includes an overview of the IFC Performance Standards and an introduction to E&S risk management for financial intermediaries, including IFC's Interpretation Note on Financial Intermediaries.

About the Presenter:

Emiola Abass


Emiola Abass is an Environmental and Social Development Specialist at the International Finance Corporation. She focuses on financial intermediaries and also works on infrastructure, chemicals, and agribusiness projects.

Prior to joining IFC, Emiola worked with Leadbank Nigeria, Total E&P Nigeria, and ABB Consulting UK. As a Process Engineer with Total, she worked on process design and optimization as well as project development for Total's offshore assets in the Niger Delta. At ABB, she worked on environmental assessment/compliance and process safety projects within and outside the UK for clients in various industries including oil and gas, chemicals, food and beverage, power, pharmaceuticals, and consumer products.

Emiola has an MSc in Environmental Technology from Imperial College, London, England and a BSc in Chemical Engineering from the University of Lagos, Nigeria.

Introduction to IFC's Good Practice Handbook on Use of Security Forces

Presented to a live audience on June 1, 2017 by Felicity Kolp, this webinar provides an overview of IFC's new resource, Use of Security Forces: Assessing and Managing Risks and Impacts. This good practice handbook is designed for IFC clients and other private sector companies and their consultants. It provides practical, project-level guidance for companies to better understand and implement the requirements outlined in Performance Standard 4, including risk assessment and management, private and public security, and assessing allegations or incidents.

About the Presenter:


 Felicity Kolp

Felicity Kolp is a Social Development Specialist in IFC's Environment, Social and Corporate Governance Department in Washington, DC. She works on a range of social topics at IFC and is a focal point for human rights issues. She manages the department's work program on Performance Standard 4 / security issues, and represents IFC as an Observer at the Association of the Voluntary Principles on Security and Human Rights. She led the creation of the good practice handbook on the Use of Security Forces: Assessing and Managing Risks and Impacts, which was developed by IFC in collaboration with the Fund for Peace and Monkey Forest Consulting.

Felicity has a PhD from the University of California, Berkeley, master's degrees in International Development Policy and International Human Rights Law from Duke and Oxford Universities, and an AB from Dartmouth College.

GMAP - Global Map of Environmental and Social Risks in Agro-Commodity Production

Together with WWF, we are pleased to launch as an online resource the Global Map of Environmental & Social Risk in Agro-commodity Production (GMAP). 

Agriculture is an important economic sector and source of employment in many emerging markets. In low-income countries, the agricultural sector may account for 60 to 80 percent of total employment and half of a country's gross domestic product. By 2050, there will be two billion more people in the world; a 70 percent increase in global food production will be needed to feed this increase in population. The IFC and WWF are helping to support agribusiness firms and banks that finance the agricultural sector to conduct business in a more sustainable manner.

For many, identifying and managing supply chain risks related to child and forced labor, health and safety, land conversion and loss of biodiversity represent key challenges. GMAP responds to these challenges by expediting the identification and management of supply chain risks and aligns with the requirements of the IFC Performance Standards on Environmental and Social Sustainability. 

Using publically available (and referenced) data, GMAP analyzes environmental and social supply chain risks for 250 country-commodity combinations in emerging markets and facilitates decision making for agro-commodity trade financing and product sourcing.

About the Presenters:

Atiyah Curmally is a Principal Environmental Specialist at IFC.

Louis Philippe Mousseau is a Principal Environmental Specialist at IFC

Min Batstone is a Knowledge Management Officer at IFC.

Dan Brizuela is a Senior Program officer at World Wildlife Fund (WWF) - U.S.

Building Your Board: Finding the Right Talent at the Right Cost

Presented to a live audience on April 13, 2016 by Marc G. Lamy, this webinar explored the latest trends in board composition as well as how to find and remunerate an independent director. A strong, independent and effective board is a critical factor in the success of every organization. As they try to identify fully independent directors, companies across the world are confronted with the same questions:

  • Will a candidate with no experience of my markets and/or my industry bring much value?
  • How do I go about my search?
  • How do I work out a remuneration package that is suitable to both the candidate and shareholders?


About the Presenter:

Marc G. Lamy, A member of IFC's Private Sector Advisory Group

Marc has 30 years of experience in searches for CEOs and board members, at Korn-Ferry-International, Heidrick & Struggles and at Boyden France where he was the Chairman and CEO from 1993 to 2010. In 2008, he was named by Business Week as among the World's 100 most influential head hunters. Marc has more than 25 years of experience as a board director in France, Morocco and the US. He is currently on the board of Alliances (Moroccan listed company) where he chairs the audit committee and sits on its Remuneration and Nomination Committee, NEOMA Business School (merger of the French Rouen Business School and Reims Management School) and NGOs in France and Morocco. Marc has also spent more than 10 years in banking, both in Europe and in the United States, with Crédit Industriel et Commercial and then with Crédit Agricole as deputy general manager of the first foreign branch of Crédit Agricole, which he created in Chicago.

Marc is a founding member of the French Institute of Directors (IFA), has authored several reports on the work of Nomination and Remuneration Committees and a book "Do you have the Boss that you deserve?" He was an associate professor at Paris-Dauphine from 1983 and 2011.

Marc holds a degree from the Rouen Business School (France), an MBA from Columbia Business School (New York) and is a chartered director from IFA & Sciences Po.

Get up to speed on the revised Wind Energy EHS Guidelines

Presented to a live audience on March 16, 2016 by Sean Whittaker, Gaël Grégoire, Lori Conzo and Greg McAlister (SgurrEnergy), this interactive session on the Wind Energy Environmental, Health and Safety (EHS) Guidelines was intended to support capacity building of E&S Specialists in their due diligence of Wind Energy projects. The session focused on providing an overview of the revised (2015) Wind Energy EHS Guidelines and explaining the key changes in the document, including:

  • Importance of site selection
  • Cumulative impact assessments
  • Biodiversity(e.g., pre-construction survey, monitoring)
  • Shadow flicker
  • Blade throw
  • Occupational health and safety  
About the Presenters:

Sean Whittaker is a Renewable Energy Specialist working on technical due diligence of IFC wind investments.

Gaël Grégoire a Senior Policy Officer at IFC where his responsibilities include the revision of the World Bank Group Environmental, Health and Safety Guidelines.

Lori Anna Conzo is an IFC Senior Environmental Specialist and Biodiversity Focal Point who works across the regions and sectors on biodiversity-related issues.

Greg McAllister is the Environment Team Leader at SgurrEnergy responsible for management of due diligence and environmental and social impact assessment assignments in Europe, Africa and Asia.

Findings from the Report "Private Equity and Emerging Markets Agribusiness: Building Value Through Sustainability"

Agribusiness is one of the key industries that in many emerging markets has been neglected by investors for years. Private equity funds can bring stable and patient growth capital to agribusinesses that may struggle to access finance. The diverse set of environmental and social issues that come into play in agribusiness can be viewed simultaneously as both risks and opportunities.

Presented to a live audience on July 16, 2015, by Mark Eckstein (Director of Environmental and Social Responsibility, CDC Group), Joshua Levin (Senior Program Officer in Finance & Commodities, WWF), Nadiya Satyamurthy (Senior Director of Consulting Services, EMPEA), and Piotr Mazurkiewicz (Senior Environmental and Social Development Specialist, IFC), this one hour webinar discussed findings from the recently launched "Private Equity and Emerging Markets Agribusiness: Building Value Through Sustainability" report. It examined how this report could be useful to fund managers, as well as to companies active in the agribusiness space to build value through good environmental and social performance.

About the Presenters:

Mark Eckstein is Director of Environmental and Social Responsibility at CDC Group where his responsibilities include oversight and management of E&S issues across CDC's Funds and Debt Portfolios. Prior to CDC, Mark led the Sustainable Finance team at WWF US and was also part of the environment and social risk management group at the International Finance Corporation, where he focused on the agribusiness sector. He has worked on the development of a range of international voluntary sustainability standards and good practice materials for agricultural companies and investors.

Joshua Levin is a Senior Program Officer in Finance & Commodities at the World Wildlife Fund. He leads WWF's global efforts to engage financial institutions on emerging opportunities, risks, and intelligence related to investing in global food and agri commodities. In the past, he has worked with the Rainforest Alliance, Root Capital, EcoAgriculture Partners, and Conservation International in various capacities. He holds an MBA from the NYU Stern School of Business, where he was a Catherine B. Reynolds Fellow in Social Entrepreneurship, and a BA from Harvard University.

Nadiya Satyamurthy is the Senior Director of Consulting Services at EMPEA, where she authors content on behalf of the organization and member firms by leveraging EMPEA's data program and engaging with industry stakeholders. Nadiya has led a number of research projects focused on institutional investors in private equity, including EMPEA's Global Limited Partners Survey, Special Report on Asian LP Sentiment toward Private Equity, the EMPEA Insight on Local Pension Capital in Latin America, and Pension Funds and Private Equity: Unlocking Africa's Potential in partnership with Making Finance Work for Africa and The Commonwealth. Nadiya previously served as Senior Director of EMPEA's Research Department where she was lead manager of the organization's research and data portfolio. Prior to joining EMPEA, Nadiya worked as a Public Finance Fixed Income Associate at UBS Investment Bank and Merrill Lynch. She also previously served as a Senior International Business Associate for MASA, Inc., an international consulting firm focused on structuring strategic international partnerships and devising solutions for startups interested in raising capital.

Piotr Mazurkiewicz is a Senior Environmental and Social Development Specialist at IFC, and is responsible for E&S risk management in IFC's FI projects in the Asia and Pacific region. Piotr played a key role in the development and revision of IFC's Policy and Performance Standards on Environmental and Social Sustainability, which are the foundation of IFC's commitment and approach to sustainable investment. He has over 18 years of experience working in development community (UNDP, World Bank, IFC) and 5 years in the private sector. Piotr holds MA and Ph.D. in developmental economics from the Warsaw University.

Corporate Governance: The Evolving Role of Corporate Secretaries

The role of corporate secretary is changing – almost daily, it seems – as corporate governance standards and rules become ever more demanding and rigorous. 

Presented by Ken Rushton on May 19, 2015 to a live audience, this one hour webinar examined how the role of company secretary in a number of companies in developed markets has grown from being an administrative or compliance officer of the board to become chief of staff to the Chairman and adviser to the board on governance. Ken drew on research published last year by the Institute of Chartered Secretaries and Administrators and his own experience as a former company secretary of ICI to describe the breadth of responsibilities and the opportunities for greater engagement and influence of a high performing company secretary. He outlined the qualities now expected of a successful company secretary and suggest how some of these can be gained or learned. He also commented on some of the challenges to the role such as retaining independence and trust while managing potential conflicts from serving two masters; the pros and cons of combining the role with that of General Counsel; and the lack of recognition for the role in many emerging markets. Ken questioned how well company secretaries are prepared for meeting these challenges.

About the Presenter:

Ken Rushton joined Imperial Chemical Industries (ICI) in 1968 after graduating in law from Trinity College, Dublin. After a career in the company secretarial function of many of ICI's Divisions in the UK, he was appointed Company Secretary in 1996. He took early retirement at the end of 1999 to take up the position of Director of the Institute of Business Ethics. In 2001, he was appointed to the Financial Services Authority (FSA) as Director of Listing and Head of the UK Listing Authority. From 2004 he was responsible for directing the review of the UK Listing regime.

Ken retired from the FSA at the end of 2004 and was an advisor on corporate governance to the Financial Reporting Council in 2005-06 and to Nestor Advisors, a corporate governance consultancy, from 2005 to 2010 where he led engagements with emerging market companies, financial institutions, central banks and capital markets regulators, particularly in the MENA region. He is Senior Consultant for Board Insight, a corporate governance consultancy, where he focuses on board evaluations.

As a member of the Private Sector Advisory Group pf the Global Corporate Governance Forum, Ken has led workshops, spoken at conferences and advised regulators on company law, securities laws and corporate governance codes and their enforcement in many parts of the world including the MENA region, Asia, Central Europe, North and West Africa

Ken was formerly a member of the Department of Trade and Industry's Company Law Review Consultative Committee. He was also a member of the CBI Companies Committee and the equivalent committee in UNICE (now Business Europe). He represented the European Round Table on the OECD Task Force on Corporate Governance.

Ken is a Fellow of the Chartered Institute of Secretaries and Administrators and a Fellow of the Royal Society of Arts. He is also a member of the Corporate Governance Committee of the Institute of Chartered Accountants in England and Wales and a trustee of the Institute of Business Ethics. He is the editor of "The Business Case for Corporate Governance" (Cambridge University Press).

Environmental and Social Management Systems and Tools for Financial Institutions Financing SMEs  

Presented by IFC expert Sandra Abiola on April 9, 2015, this one hour webinar offered an overview of the business case for sound environmental and social risk management. It focused on Environmental and Social Management Systems (ESMS) and E&S due diligence tools for financial institutions providing financing to SMEs, and discussed practical solutions to implementation challenges commonly faced by financial institutions in this area. 

About the Presenter:

Sandra Abiola is the Sector Lead Financial Markets, in IFC's Transactional Risk Solutions - Environment, Social and Governance Department, based in Johannesburg South Africa. She is responsible for IFC's team of E&S Specialists working with Financial Institutions on E&S risk management globally. Sandra has a Master in Development Economics and Middle East Studies from SAIS, Johns Hopkins University and a MA in politics, law and economics from the University of Mainz, Germany. She is a social and environmental development specialist with extensive experience on E&S risk management by financial institutions and E&S issue in rural development and agricultural projects.

Corporate Governance of Family Business  

It's no secret that family businesses have a tremendous impact on the global economy and that they come in all shapes and sizes. But family businesses also face unique challenges:

  • Family challenges (succession planning, family employment, family salary-earners vs. dividend receivers, incentivizing non-family managers);
  • Difficulty to separate family relationships from company relationships (true separation is impossible, especially financial relationships and accounts);
  • Informality of governance policies, "common" understandings may not be so universally held or understood; Weakness of control environment;
  • Challenges only increase as the family grows more complex with succeeding generations

So the question is: how can a family successfully preserve wealth for more than 100 years or at least four generations? In this one hour webinar presented on March 31, 2015, Shanti Poesposoetjipto examined the characteristics of family businesses and provided guidance on how to ensure their longevity. 

About the Presenter:

Mrs. Shanti Poesposoetjipto graduated from Munich University of Technology, Germany, majoring in Electronic Engineering specialized in Computer Science in 1974. She then attended various Management advanced courses conducted by PPM and FEUI (Jakarta), AIT (Bangkok), AIM (Manila), Harvard Business School, Wharton Business School, University of Southern California, MIT, IMEDE, INSEAD, etc.

She began her career at Soedarpo Corporation which was founded by her father Soedarpo Sastrosatomo in 1952, as the Manager of Soedarpo Service Bureau, selling computer integrated services. In 1985-1988, Shanti led the re-engineering process within Soedarpo Corporation to focus its business in Information & Communication Technology (ICT) and distribution of Pharmaceutical products. In her capacity as Executive Vice President, she enabled Soedarpo Corporation to move towards its Initial Public Offering in 1990.

In June 1995, Mr. Sastrosatomo established PT Ngrumat Bondo Utomo (NBU) to initiate facilitation in separating Ownership and the Management of the companies he founded. NBU, thereafter became among others one of the major shareholders of PT Samudera Indonesia Tbk., PT Samudera Indonesia Tangguh, and PT Asuransi Bintang Tbk. Currently Shanti is CEO of NBU and PT Samudera Indonesia Tangguh, Chairman of PT Samudera Indonesia Tbk. and PT Asuransi Bintang Tbk.; member of the Board of Commissioner of PT Inter Pariwara Global.

In 2008, she co-founded and became member of the Board of Directors, Family Business Network (FBN) Asia. In 2014, she co-founded and became the Chairman of the Board of Trustees of Fitrah Business Nusantara Foundation (Yayasan Fitrah Bisnis Keluarga Nusantara). Her interest in family business related issues began when her father asked her to consult how to separate Ownership and Management of the Companies he founded in the early 1980s. She became involved with IPPM in 1985 during the research IPPM conducted on Family Businesses in Indonesia, she moderated a workshop held by IPPM led by John Davies on Family Business in 1986, she guest lectured about Managing Change in Family Owned Company at IPMI, PERMANIN (Indonesian Management Association), University of Gadjah Mada, Institute of Technology Bandung, Petra University, CAMPDEN Conferences in Singapore, Daya Dimensi Indonesia etc.

Mrs. Poesposoetjipto is a member of IFC Private Sector Advisory Group (PSAG).

Corporate Governance: Keeping Strategy at the Top of the Agenda 

Today's Boards of Directors are under more pressure from more sources than ever before. In this engaging one-hour webinar presented on Wednesday, January 21, 2015, renowned "governance guru" Professor David Beatty examined a number of controversial topics such as understanding how we spend our time as directors, what CEOs think of their directors, what McKinsey thinks of boards, what role activists play, the impact of High Frequency Trading, and finally, the coming digital tsunami of change.

About the Presenter:

Professor David Beatty is a member of the Order of Canada, the top civil award in the nation. He is an experienced businessman in Canada and abroad. He spent a decade managing one of North America's largest food companies and serves on the boards of two publicly listed companies and two private family companies. Over his career he has served on 35 different boards and been chairman of six public companies in Canada, America, Mexico, Australia, and England. He was named a fellow of the Canadian Institute of Corporate Directors in May 2005.

Beatty was the founding managing director of the Canadian Coalition for Good Governance, an organization that represents 50 institutional investors with approximately C$1.3 trillion of assets under management.

Beatty is a professor at the University of Toronto's Rotman School of Management where he teaches corporate strategy and where he directs Canada's Directors Education Program now in its 110th offering.

He served on Peter Drucker's Foundation Board in the United States for over a decade, the last few years as vice chairman.

Beatty was educated at the Universities of Toronto and Cambridge, England. He was named a Nuffield Fellow and spent two years in the Planning Ministry of the Government of Tanzania before returning to Toronto to join McKinsey & Company. He later was a founding partner of The Canada Consulting Group, now part of The Boston Consulting Group.

Queen Elizabeth II inducted Beatty as an Officer of the Most Excellent Order of the British Empire (O.B.E.) in 1994 at Buckingham Palace for his service to Papua New Guinea where he served as the Chief economic Planner during the transition from colonial government to independence. He has also been awarded the Papua New Guinea Independence medal and the Papua New Guinea Independence 30th Anniversary Commemorative medal.

Las Normas de Desempeño de la IFC 101 

El Marco de Sostenibilidad de la IFC ayuda a sus clientes a realizar negocios en una manera sostenible; promueve prácticas ambientales y sociales sólidas, fomenta la transparencia y la rendición de cuentas, y contribuye a impactos de desarrollo positivos. Las Normas de Desempeño de la IFC, las cuales forman parte del Marco de Sostenibilidad, se han convertido en un punto de referencia global para la gestión de riesgos ambientales y sociales.

Presentado por el experto de la IFC Reidar Kvam el 13 de noviembre de 2014 a una audiencia en vivo, la grabación de este seminario web provee una introducción a cada una de las Normas de Desempeño y a cómo éstas abordan desafíos cada vez más importantes para los negocios sostenibles, incluyendo el trabajo y las condiciones de trabajo, los grupos interesados (stakeholders), la gestión de la cadena de suministro, eficiencia de los recursos y el cambio climático. 

Sobre el Presentador:

Reidar Kvam es Gerente Senior de la Unidad de Política, Garantía de Calidad y Gestión del Conocimiento del Departamento de Medio Ambiente, Desarrollo Social y Gobierno Corporativo de la IFC en Washington, D.C. Es responsable del desarrollo y administración de las políticas de sostenibilidad de la IFC, incluyendo el relacionamiento con el Banco Mundial, las Instituciones Financieras de Principios de Ecuador, Agencias de Crédito a la Exportación, Instituciones Financieras de Desarrollo y sociedad civil. También es responsable de la supervisión de la Unidad de Garantía de Calidad y Análisis de Cartera.

Reidar tiene un Ph.D. en Antropología Social de la Universidad de Bergen, Noruega. Es un científico social con amplia experiencia operativa en proyectos de desarrollo en América Latina, Asia Oriental, Asia del Sur y áfrica. Su trabajo se ha centrado particularmente en la incorporación de la dimensión social a los proyectos de desarrollo. Es uno de los autores principales del marco de análisis social del Banco Mundial, que aborda temas de diversidad social y de género; instituciones formales e informales; grupos interesadas y participación; y riesgo social. Ha sido miembro del consejo sectorial del Banco Mundial sobre cuestiones de género, y ha sido punto focal y coordinador de iniciativas relacionadas con el empoderamiento y los derechos humanos. Antes de unirse al IFC, Reidar era Consejero Regional de Salvaguardias para la región de América Latina y el Caribe del Banco Mundial, coordinando tareas de supervisión y garantía de calidad, trabajo analítico y creación de capacidad relacionada con las políticas ambientales y sociales del Banco.

IFC Helps Companies Improve Corporate Governance to Operate More Profitably and Grow 

Corporate governance is defined as the structures and processes by which companies are directed and controlled. Good corporate governance helps companies operate more efficiently, improve access to capital, mitigate risk and safeguard against mismanagement. It makes companies more accountable and transparent to investors and gives them the tools to respond to stakeholder concerns. Corporate governance also contributes to development. Increased access to capital encourages new investments, boosts economic growth, and provides employment opportunities.

IFC's Corporate Governance Methodology is a system of evaluating corporate governance risks and opportunities of client companies. IFC is the first development finance institution to require corporate governance analysis of every investment transaction as part of its due diligence process. This Methodology has been the basis of a unified set of tools known as the Corporate Governance Development Framework, which has been adopted by 33 development finance institutions, including IFC, thus far. By adopting a unified approach, the development finance institutions hope to set consistent standards for corporate governance due diligence and advance the business case for good corporate governance.

Presented by IFC expert Roman Zyla on May 19, 2014 to a live audience, this recorded webinar provides an overview of the five key corporate governance issues to look for when assessing a company's commitment to corporate governance. It will also provide an overview of the Framework and how it aims to help development finance institutions assess the quality of corporate governance at the companies in which they invest.

Additional resources mentioned in the webinar:

About the Presenter:

Roman Zyla joined IFC in 2002 as Manager of the Ukraine Corporate Development Project in the Kyiv office. He has extensive experience working with financial institutions, family-owned companies, and state-owned enterprises. He has 15 years of experience in risk research, small enterprise and corporate development, and has served as a board member of a family-run company. He is a specialist in transition economies of the former Soviet Union and business development.

Roman holds a PhD from University College, University of London on the subject of small and medium enterprise development. With experience across Sub-Saharan Africa, he has also worked throughout Eastern and Central Europe, Central Asia as well as in East Asia, Middle East and North Africa, and Latin America. A Canadian, Roman is fluent in English, French and Ukrainian and has knowledge of other languages to help in his work. Currently based in Washington, D.C., he will relocate to Johannesburg in July 2014.

World Bank Group Environmental, Health & Safety (EHS) Guidelines 101 

The World Bank Group (WBG) Environmental, Health, and Safety (EHS) Guidelines are technical reference documents with general and industry-specific examples of Good International Industry Practice (GIIP), as defined in IFC's Performance Standard 3: Resource Efficiency and Pollution Prevention. They contain the performance levels and measures that are normally acceptable to the World Bank Group, and that are generally considered to be achievable in new facilities at reasonable costs by existing technology. They are used by the World Bank, IFC and MIGA.

Presented by IFC expert Gaël Grégoire on March 25, 2014 to a live audience, this recorded webinar provides a general introduction and overview of the EHS Guidelines. In particular, Gaël addresses the following:

  • What are the EHS Guidelines?
  • What are the guiding principles of EHS Guidelines?
  • Who uses the EHS Guidelines?
  • How to use the EHS Guidelines?
  • How are the EHS Guidelines revised and updated?

Additional resources mentioned in the webinar:

About the Presenter:

Gaël Grégoire is a Senior Policy Officer for Sustainability in the International Finance Corporation's Environment, Social and Governance Department in Washington D.C. He is responsible for coordinating the review and update of the World Bank Group Environmental, Health and Safety Guidelines and providing support to senior management on global sustainability issues and development.

Before joining IFC, Gaël, an 'Ecole des Mines' graduate, was a Senior Environmental Specialist in the World Bank's Middle East and North Africa Region where he managed a portfolio of lending and analytical activities with a focus on energy, environment and global commons, and provided safeguards expertise. Gaël's career in the World Bank Group includes Regional Carbon Finance Coordinator and Project Officer for the Mediterranean Environmental Technical Assistance Program. Prior to joining the World Bank Group, Gaël worked as Environment and Energy Attaché at the Embassy of France in Washington DC, as a Senior Environmental Health and Safety Specialist at the French Environmental Protection Agency and as an Environmental Engineer for one of the world's largest producer of electricity and for several multinational oil and gas companies.

IFC Performance Standards 101 

IFC Sustainability Framework helps its clients do business in a sustainable way. It promotes sound environmental and social practices, encourages transparency and accountability, and contributes to positive development impacts. IFC Performance Standards, which are part of the Sustainability Framework, have become globally recognized as a benchmark for environmental and social risk management in the private sector.

Presented by IFC expert Reidar Kvam on February 25, 2014 to a live audience, this recorded webinar provides an overview of each of the Performance Standards and how they address challenging issues that are increasingly important to sustainable businesses, including labor and working conditions, stakeholder engagement, supply chain management, resource efficiency, and climate change.

About the Presenter:

Reidar Kvam is Senior Manager, Policy, Quality Assurance & Knowledge Management, in IFC's Environment, Social and Governance Department in Washington D.C. He is responsible for the development and stewardship of IFC's sustainability policies, including engagement with the World Bank, Equator Principles Financial Institutions, Export Credit Agencies, Development Financial Institutions and civil society. He is also responsible for the oversight of the Quality Assurance and Portfolio Analysis unit.

Reidar has a Ph.D. in Social Anthropology from the University of Bergen, Norway. He is a social scientist with extensive operational experience in development projects from Latin America, East Asia, South Asia, and Africa. His work has particularly focused on incorporating social dimensions into development projects. He is one of the lead authors of the World Bank's framework on social analysis, which addresses issues of social diversity and gender; formal and informal institutions; stakeholders and participation; and social risk. He has been a member of the World Bank's sector board on gender issues, and has been a focal point and coordinator for work on empowerment and human rights. Prior to joining the IFC he was Regional Safeguards Adviser for the Latin America and Caribbean Region of the World Bank, coordinating oversight functions and quality assurance, analytical work, and capacity building related to the Bank's environmental and social policies.