Leveraging ESG to win High-Value FDI

As global competition for FDI intensifies, the race to carbon neutrality has never been keener with more than 100 countries pledging carbon neutrality by 2050.

And, with the value of low- carbon goods and services set to be worth between £2.8tr and £5.1tr by 2050, more governments (as well as local authorities and businesses) are ready to commit.

Competition for opportunities arising will be considerable, with investment in renewable energy, clean technologies and in socially minded businesses set to grow apace, creating hundreds of thousands of new jobs in technology, finance, law and investment management and providing significant economic growth for countries, regions and cities alike.

Those that fail to demonstrate commitment to net-zero risk missing out, particularly at a time when interest in environmental protection and long-term sustainability, along with social conscience and good governance has never been greater.

Whilst the term ESG has been mainstream for the last decade, with investor appetite taking greater account of sustainable value, the events of 2020 have accelerated that interest. Proven links between a company’s ESG performance and its profitability have been established, and as we move into 2021, ESG has taken the relatively short leap from a key indicator of business performance to assessment criteria for FDI decision-making.

Investment in renewable energy, clean technologies and in businesses that demonstrate an environmental & social conscience is set to grow apace, creating hundreds of thousands of new jobs in technology, finance, law and investment management, providing significant economic growth for countries, regions and cities alike.

Leveraging ESG for FDI and to access sustainability & diversity linked funding

As the FDI location selection process increasingly mirrors that of an asset manager selecting the optimum return without compromising on sustainability or social conscience, economic development leaders are having to demonstrate the commitment of their cities and regions to long-term sustainability, social enterprise and robust programmes of governance, in the four key areas detailed below.

Most economic development leaders already commit significant resources to collecting internal and external data and information for reporting, analysis and audit. So, measuring and reporting on ESG metrics adds an additional layer of complexity and cost, despite the competitive advantages for FDI.

However, as access to sources of funding and grants, innovation awards and other benefits increasingly depends on the ability to demonstrate the successful implementation of sustainability, community and diversity programmes, ESG reporting may well become an essential tool in economic development.

To support economic development professionals to leverage competitive advantage from ESG, Catalina Consulting has partnered with ESG data specialist gather360 to develop its ESG reporting tool for FDI.

Join us on Thursday 25th March 2021 at 14.00 London to hear from a panel of experts as they discuss;

  • The growing importance of ESG and sustainability in securing high-value FDI
  • Building ESG into city and regional propositions
  • Incorporating ESG into site selection criteria

Moderated by Karena Vaughan, CEO Catalina Consulting, our specialist panel includes Katie Thurston, Country Manager and VP Financial Services IDA Ireland, Maria Dimitriadis, CEO The Conduit Connect, Thomas Russell, CEO Think Evolve Solve and Danny Corrigan, CEO London Reporting House

Register here.

Please add the date & time to your diary now. Joining instruction will follow closer to the date.

Icon for Report on organisational ESG achievement and performance

Report on organisational ESG achievement and performance

Icon for Report on the ESG commitment and performance of key stakeholders

Report on the ESG commitment and performance of key stakeholders

Icon for Support local businesses to implement simple ESG programmes

Support local businesses to implement simple ESG programmes

Icon for Have meaningful ESG conversations with prospective investors

Have meaningful ESG conversations with prospective investors

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