Risk Insights ESG GPS Sustainable Newsletter August 2024

Welcome to the August 2024 Risk Insights (“RI”) Monthly Sustainable Newsletter edition!

As we conclude August and embark on a new month, let’s take a moment to reflect and revisit the August highlights while also looking forward to upcoming events driving RI’s journey to a sustainable future.

Rwanda, Tanzania & Uganda Launch: on the 31st of July 2024, Rwanda, Tanzania and Uganda joined the Risk Insights’ family with the launch of ESG GPSTM. Now, RI rates all listed issuers ESG disclosure in nine major African exchanges and counting…

FITC Sustainability | ESG Summit 2024: We were honoured to be keynote speakers alongside the Deputy Governor of the Central Bank of Nigeria, Head of The Securities and Exchange Commission of Nigeria and many other distinguished speakers at? the Sustainability / ESG Summit 2024 and launch of the FITC Sustainability / ESG institute by FITC Nigeria - “From Vision to Action: Leading with Sustainability & ESG: Building a Sustainable Future and Green Finance.”

RI’s Collaboration with Fusion Group: On the 7th of August 2024, RI announced a collaboration with UK-based asset management Fusion Group to enhance climate risk management for financial institutions. This new collaboration between RI and Fusion Group connects another key component of risk management of the sustainability value chain of bank risk management.

Capacity Building Alliance of Sustainable Investment and IFRS Beijing Seminar – Challenges and Practices in Sustainability Disclosure: A focus on Scope 3 was held on the 22nd of August 2024: RI had the pleasure of presenting at this seminar. It was inspiring to see the growing interest of Africa and our journey towards a green and sustainable future.

Unlocking Business Growth Through Sustainability Reporting Virtual Event: Risk Insights is delighted to co-host a virtual event with PwC Kenya September 2024. An event focused on providing your organisation with cutting-edge insights and strategies for effective reporting.

RI and BSE Webinar: RI is proud to announce a webinar in collaboration with the Botswana Stock Exchange. The date is to be confirmed shortly. This webinar will provide critical insights for ESG reporting on the African continent and strategies to drive a sustainable green future for Africa.

AFSIC – Investing in Africa 2024 Event: Risk Insights (Pty) Ltd?will participate in one of the most significant investment events on the African continent,?AFSIC - Investing in Africa in London.

Stay tuned for more engaging webinars, industry conferences, and collaborative initiatives as we continue to drive positive changes and champion sustainability. Together, we can take charge of the opportunities that lie ahead and ensure we make a lasting impact on our communities in Africa and around the globe! Let’s continue to innovate, collaborate, and inspire change together!

Rwanda, Tanzania & Uganda Launch

On July 31st, 2024, Risk Insights reached a significant milestone in advancing sustainability practices across Africa with the official launch of ESG GPS? in Rwanda, Tanzania, and Uganda. This innovative tool, designed to drive sustainability on the continent, now rates listed companies on the Rwanda Stock Exchange Ltd (RSE) , DAR ES SALAAM STOCK EXCHANGE and UGANDA SECURITIES EXCHANGE . This development aligns with RI’s vision to enhance ESG transparency and accountability across Africa.

As we continue to drive sustainability in Africa, we are excited to unveil ESG GPS?, our AI-powered ESG rating tool tailored for Rwanda, Tanzania and Uganda. Our innovative ESG GPS? tool is grounded in global best practices and customised according to the country’s local laws and regulations, revolutionising how companies are evaluated in these countries. Our ESG GPS? is designed to empower stakeholders with insights into the ESG performance of listed companies in Rwanda, Tanzania and Uganda.

As we continue championing sustainability, we extend our heartfelt gratitude for your ongoing support and partnership. Together, we can seize the opportunities ahead and make a lasting impact on our communities in Africa and beyond. Thank you for being essential to our journey towards a sustainable future. We also would like to thank our speakers for joining us and being inspiring leaders towards pivoting to a sustainable future, Thapelo Tsheole - MComm, MBA, Ewald Kellerman, Robert Falkner, Paul Bwiso, Anushka Bogdanov, Andrey Bogdanov. and Abuobayda Shabat.

Among the companies rated in these three countries are BRALIRWA Plc. Part of the HEINEKEN Company, Nation Media Group, Stephen Gitagama, Uchumi Supermarkets Ltd, BK Group, Equity Bank Rwanda, I&M Bank (Rwanda) Plc. Benjamin Mutimura, Kenya Commercial Bank Ltd (KCB), Paul Russo, RH Bophelo, Quinton Zunga, CIMERWA Plc, MTN Rwanda, Mapula Bodibe CM (SA), British American Tobacco Uganda, East African Breweries PLC (EABL), Ms Jane Karuku, Kenya Airways, Mr Allan Kilavuka, Bank of Baroda Uganda, Centum Investment Company Plc., James Mworia, Equity Bank Uganda, Mr Anthony Kituuka, JUBILEE HOLDINGS LIMITED, Julius Kipngetich, National Insurance Co. Ltd, Stanbic Bank Uganda Holdings Ltd, Quality Chemical Industries Limited, MTN Uganda, Mulinge Sylvia M.B.S, Tolgases, Mr Daniel Warungu, Tanzania Breweries Limited (TBL PLC), Precision Air Services PLC, Uchumi Supermarkets, CRDB BANK PLC, DCB COMMERCIAL BANK TANZANIA, Ms ?Mkombozi Commercial Bank Plc, Respige KIMATI, Mwalimu Commercial Bank PLC, National Investments Company (NIC), NMB Bank Plc, Ruth Zaipuna, TCCIA Investment Plc, Yetu Microfinance Bank PLC, Altemius Millinga, Tanzania Portland Cement Company Limited, Alfonso Velez, Vodacom Tanzania Plc. Click here to watch the playback of RI’s Rwanda, Tanzania and Uganda Launch.

FITC Sustainability | ESG Summit 2024

FITC Nigeria Sustainability | ESG Summit 2024: We were honoured to be keynote speakers at? the Sustainability / ESG Summit 2024 and launch of the FITC Sustainability / ESG institute by FITC Nigeria - “From Vision to Action: Leading with Sustainability & ESG: Building a Sustainable Future and Green Finance.”

FITC is a world-class, innovation-led, technology-driven, knowledge and professional services institute providing cutting-edge Learning, Advisory and Research Services to organisations primarily within the Financial Services Sector across Nigeria and sub-Saharan Africa.?

Earlier today we were privileged to speak among other distinguished guests @Philip Ikezar- FITC, Dr. Chizor Malize CIMLon, MIoD – FITC, Wayne Dunn - CSR|ESG Institute, Andrey B. - Risk Insights, Fabian Ajogwu - Kenna Partners, Ejiro Gray (GCB.D) - Sahara Group, Omobolanle Victor-Laniyan - Access Bank Plc, Olufemi Sobanyo.-NGX Regulation Ltd to participate in the FITC ESG Summit – Launch of the FITC ESG Institute, a premier event dedicated to thought leadership and knowledge exchange on ESG and Sustainability in the largest economy on continent and beyond. The Summit provided a platform for stakeholders from various sectors to engage in meaningful discussions and share insights on the latest trends and challenges in the ESG space. It was an enriching experience, reinforcing our commitment to staying at the forefront of ESG advancements and sharing our expertise with the broader community. We are honoured to have been part of this significant event and look forward to continuing our efforts to promote sustainability and drive positive change.?

RI’s Collaboration with Fusion Group

RI proudly announced our partnership with Fusion Group on August 7th, 2024, to enhance climate risk management for African financial institutions. ESG has become a growing focus and a critical component of the day-to-day lending operations of the banking business. Capital and provision management will impact risk assessment for early adopters. With the rise to conscious consumerism, investors and stakeholders have increasingly begun demanding more robust ESG risk management frameworks, thus emphasising the need for reliable ESG strategies based on transparent, consistent and independent ratings and disclosure across the African continent and beyond to guide informed, sustainable investment and credit decisions. This new collaboration between RI and Fusion Asset Management connects another critical component of risk management of the value chain. If you would like to read more, please click here.

Capacity Building Alliance of Sustainable Investment and IFRS Beijing Seminar – Challenges and Practices in Sustainability Disclosure: A focus on Scope 3

RI was pleased to speak on August 22nd, 2024, at the Capacity-building Alliance of Sustainable Investment (CASI) and IFRS Foundation Beijing Seminar. We explored the “Challenges and Practices in Sustainability Disclosure: A focus on Scope 3”. Risk Insights presented on the ESG Reporting Maturity of Issuers listed in Africa. It was highly inspiring to see the initiatives taken by China to drive sustainability and transition to green energy, along with the growing interest in environmental data across the African continent. RI presented the number of companies disclosing their environmental data across the nine listed exchanges. The event was held at the IFRS Foundation Beijing Office and online. It is inspiring to see the initiatives taken in China to drive towards a sustainable green future! We look forward to continuing to see fellow developing nations champion green change. CHENG Lin, Bing Leng, Bella Cheng, Wee Kean Fong, Greenhouse Gas Protocol (GHG Protocol) , World Resources Institute (WRI) China , 蚂蚁集团 , 汇丰 , Zhao Lijian, and Zhang ZhengWei.

Unlocking Business Growth Through Sustainability Reporting Virtual Event

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On the 12th of September 2024, RI is participating in the PwC Kenya , Unlocking Business Growth Through Sustainability Reporting Virtual Event. This is an engaging webinar focused on sustainability reporting and regulatory compliance, designed to provide insights and strategies for effective ESG Reporting. Keynote speakers from PwC and Risk Insights will dive into the impact ESF has on business growth, explore how to transform value chains sustainably and share how ESG reporting adoption can help attract stakeholders and future-proof your organisation.

Speakers include; Peter Ngahu Andrey B. Edward Kerich Howary Kharbush (FCCA,CPAT) and Stephan Mergenthaler

AFSIC – Investing in Africa 2024 Event

Risk Insights (Pty) Ltd?will participate in one of the most significant investment events on the African continent,? AFSIC - Investing in Africa . Mark your calendars, Date: 7th – 9th October 2024, Location: London. AFSIC has consistently fostered connections between companies seeking funding and Africa-focused investors, contributing to the global growth of businesses. Let’s continue the journey of success and ensure investment continues to transform Africa!

Sherif Abdel Aal , Blen Abebe , Hossam Abou Moussa , Abdu-Rahman Abrahams . Deji Adebusoye , Olufunmi Adepoju, CFA, FRM, FCA , Temilade Aduroja , Michael Akampa , Damilola Aloba, MBA, FCA , Eugene Amusin , Lavanya Anand , Njord Andrewes , Aliza Ayaz , Andre Jr. Ayotte , Jennifer Baarn , Andrew Bainbridge , Maxime Bayen , Andrey B. , Petrus (Peter) Boonman MCIOF , Maxime Bouan , Sebastien Boyé , Ola Brown, MFR , Maelis Carraro , Catherine Cax , Leyla Charles , Nicolas Clavel , Nitin Collappen FCCA, MBA , Kevin Copping , Rajiv Daya , Jeanne de Guillebon , Pierre Deludet , Mareme Dieng , Julien Draper , Janade Du Plessis , Afsar Ebrahim , Michael Edem Akafia , KARIM EL HNOT , Najwa El Iraki , Ramez El-Serafy , Jean Michel ETTE , Tosin Faniro-Dada , Benjamin Fernandes , Peter George , YoucefGhoula,David Grayson,PhilippeGuichandut,Gbenga Hassan, Jurgen Heppe, GaetanHerinckx,Dr. Christina T. Igono, Anish Jain, Nijhad Jamal, JaniceJohnston,Amanda Kabagambe, PaulKamau,Mike Kamungeremu, ACMA, CGMA, MBA, Kapil Kanungo, Donald Kariuki, SejaKekana , KarinKersten,Pranav Khamar, SuleimanKiggundu,Pr Kelly M Kingsley, BettyKiptum,,Pauline Koelbl, Alexandre Liege, ChrisLow, John Mair, VukosiHlengani Maluleke,Brian Mangwiro, PhD,, BenMarrel,Enrique Martinez Hausmann, JorgsMbugua,Rupert McCammon, SebastianMcKinlay,Drina Meyer-Jardine (LLB Hons), NyejiChilembo-Mhango, MSc., ArthurMinsat,Avinash Mishra, HassaneMuhieddine,Angela Muraguri, BrentonNaicker,Imar Nandha, EricaNell, Saskia Nysschens, Lucinda O'Gorman, JacklineOkeyo, MRICS,Randolph Oosthuizen, CFA, EricOsiakwan,Terje Osmundsen, AnttiPartanen,Ashish Patel, ImranPatel,Nivesh Pather, MichellePatrick-Akinrinade,Leonie Pentz, FrédéricPfister,Jeremy Quainoo, LucyQuist,Jimmy Ranamane, NedR., Kristjan Raude ??, SelmaRibica,Michael Rieser, AndrewRitchie,Charlie Robertson, MattRobinson,Elizabeth Rossiello, KarenSumie Runde,Deepankar Rustagi, VictoriaChelangat Sabula,Ayo Salami, SmitaSanghrajka,Madalena Santos, ZiyaadSarang,Saad Sheikh, OyinSolebo,Dr. Olufunso Somorin, AzerSongnaba, CFA,Denesh Srishanker, IvetaTancheva-Nikolova,Anish Thakkar NdeyeThiaw,Olivier Toussaint, TraceyTurner,Ameya Upadhyay, CobusVisagie,Chris Wehbe, GeoffreyWhite,Todd Wilcox, MedhaWilson,Audrey-Cynthia Yamadjako, EvaYazhari

ABOUT RISK INSIGHTS?:

Risk Insights? is a professional data science boutique that delivers to its client’s sustainable solutions and products using the latest achievements of data science. Risk Insights? provides sustainable solutions with numerous products and services, including but not limited to:

Data analytics

ESG GPS? ESG ratings

Education

Risk Insights believes in the impact that sustainable practices can have on the longevity and continuity of a business. Being on the front line, in the development of cutting-edge technology, Risk Insights? has grown to become the first developer of an ESG rating tool, for Africa. As such, Risk Insights? was awarded the Agile Governance Award by the World Economic Forum (WEF) in 2020; received an Honourable Mention by the World Economic Forum (WEF) for excellence in sustainability in 2021; and the Certificate of Professional Services from the Institute of Risk Management South Africa. In 2022 Risk Insights was awarded the Best ESG Data Provider - Africa by Environmental Finance and in 2023 recognized as the ESG Research of the Year – Africa.

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Risk Insights? and ESG GPS? would like to thank you for your continued support. We shall be in contact again next month. We look forward to talking to you!

Sincerely,

The Risk Insights? Team