Tuesday, August 16

abrdn joins the Emerging Market Investor Alliance

Experts and big investors come together to solve the world’s biggest problems

EMIA works with institutional investors to promote best governance, environmental management and social responsibility practices among governments and listed companies. Engaging in ESG has been a priority for abrdn for years, but, especially in emerging markets, it is a complicated and often difficult process. Working collaboratively with other investors is expected to increase the effectiveness of discussions with governments and large companies and improve the likelihood of positive results.

Considering that this organization has more than 3,000 participants and that the top three affiliated firms manage $ 2.7 trillion, EMIA is the largest network of investment professionals focused on advocacy.

abrdn believes that ESG is not something static, but a way to improve investments in constant evolution; The company believes that it is important to share knowledge and continue learning, so that investors and issuers of debt and equities can continue to improve.

EMIA offers specialized training and enables investors to participate effectively at the highest levels of policy and industry debates, so that investments can generate change and make a difference. It encourages institutional investors to take full responsibility for the environmental and social effects of their investments and to advocate for best practices.

EMIA promotes high-level engagement with issuers in order to advance the adoption of best ESG practices. By adhering to the EMIA, abrdn’s Emerging Debt and Emerging Equity teams demonstrate their commitment to participate in working groups with other investors, ESG policy experts and issuers to improve investment impact in areas such as:

  • Agriculture: deforestation in Brazil, animal welfare, indigenous rights, use of antibiotics
  • Public Debt and Fiscal Governance: Transparency in Budgets, Public Procurement, Debt and Taxes
  • Extraction industries: transparency of payments and contracts, water risks, community consent
  • Technology, media, telecommunications: data privacy and security, impact of emissions, electronic waste
  • Finance: Responsible Lending, Financial Inclusion, Client Data Privacy, Human Capital Development

As a member of the EMIA, abrdn plans to contribute to the strengthening of regulations and the development of the tagged bond market (including green, blue, social and sustainability bonds). By providing specific guidance for tagged bond issuance in emerging markets, the EMIA aims to create a tagged bond market that can make a significant contribution to improving ESG performance.

Viktor Szabo, Investment Director, Emerging Market Debt, abrdn He said: “We are proud to be a member of the Emerging Markets Investors Alliance. This investor-led organization is helping to raise awareness and instill best practices in Social and Environmental Governance where they are needed. There is no doubt that an alliance of investors working together has much more influence than a single investor ”.

EMIA’s job is to work with public issuers to improve ESG standards, and to work with relevant sectors, such as extractive industries and telecommunications, to improve their ESG and be much more transparent. For example, the EMIA is working to try to make public procurement processes in less developed economies much more fair and open.

We are impressed by the work EMIA is doing to improve ESG education by providing materials, webinars and conferences for investors and issuers alike. We are proud to join with other investors committed to making the world a better place.

Fiona Manning, Senior Investment Director, Emerging Market Equity, commented: “We are excited to begin collaborating with other members of the industry to drive positive change across the entire capital spectrum at the corporate level and to enhance the ESG framework in which companies work at the state level. This is based on the work we do internally with our engagement assignments across all asset classes. “

Ashok Parameswaran, President and Founder of the Emerging Markets Investor Alliance, said: “I am delighted that abrdn becomes a member and is committed to supporting the EMIA goal of advancing collective commitment to solve the world’s most pressing challenges. abrdn understands that investing can be a powerful way to achieve a positive impact.

Through their membership, abrdn’s highly respected emerging markets investment teams will help lead the investment industry in tackling complex issues such as corruption and climate change. And the powerful voice of abrdn, as one of the UK’s largest asset managers, will strengthen EMIA’s ability to influence the issues that matter most to people and our planet. “


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