What a symbol. While at the Paris 2024 Olympics marathon runners were competing for a gold medal back in early August, in Greece authorities were evacuating the city of Marathon battling uncontrollable wildfires. A striking parallel. Between these two realities, there's always the same equation to be solved: to get as many people as possible on board on low-carbon trajectories, away from counter-productive anxiety-provoking schemes.
Ksapa remains fully committed to these reflections and concrete programs, which are at the core of our activities with our networks and clients around the world:
In a world where 80% of GDP and 60% of the population are now concentrated in growing G20 economies, environmental and social thinking is meaningless if it is not rooted in the reality of emerging markets. And the truth remains striking. According to the World Bank, only 5% of loans granted by the majority of financial players in emerging economies take climate issues into account, even though these economies are particularly vulnerable. Here again, Ksapa works alongside financial players, companies and their local businesses to help direct the flow of capital towards ESG issues as much in the field as possible.
We look forward to continuing our collaboration, innovation and collective impact along with you.
Farid Baddache, CEO
IN THE SPOTLIGHT
What Does Good and Robust ESG Due Diligence Look Like?
In our blog this month : Far too many companies rely on express ESG due diligence as a quick check-the-box exercise. Let’s be clear: this exercise is pointless, and does not help a serious investor carry out a proper examination of the ESG issues in question. At Ksapa, we deploy this type of above-threshold due diligence alongside clients wishing to combine solid independent expertise to validate sensitive and strategic transactions. In any case, whether this ESG due diligence is carried out in-house or outsourced, we highlight a few lessons to help you derive value from it, and document your analysis in the event of subsequent litigation in this blog.
Due Diligence Building Robust Carbon Sequestration Projects
Guiding Questions Any Company (and Stakeholder) Can Ask Themselves to Avoid Engaging in SDG Washing
The 2015 Sustainable Development Goals set a Global Agenda for 2030, expecting companies to help shape a more just and sustainable society around 17 priority themes. Many companies have begun to use these SDGs to show how their products and services and corporate social responsibility strategy can contribute to these SDGs. Nevertheless, the SDGs remain a vast macro-societal list. It is easy, and tempting, for many companies to commit themselves at little cost to most SDGs because after all, obviously, companies have no a priori interest in displaying anything other than their willingness to create a more just and sustainable world. Without figures or tangible facts, this is what is called SDG-Washing: to develop activities only at the margins to adorn oneself with major principles. To avoid SDG Washing, we outline 5 useful questions that any company (and any stakeholder) can ask themselves in this briefing paper.
