SME Sustainability Challenges and Solutions: It’s the journey, not the destination that matters

The Challenge: Why SMEs are unable to comply with Sustainability through SRI/CSR

For some time the concept of sustainability has been a substantial topic amongst the large listed corporations who have presented Socially Responsible Investment (SRI) and Corporate Social Responsibility, (CSR) as representing Sustainability. This has led to a “top down” culture and with it substantial problems for the SME Sector who realise the need to comply with Sustainability in the supply chain (and regulatory issues) but are unable to respond for the following reasons: Continue reading

A note on the International Organisation for Standardization (ISO)

Probus Sigma is the only research and development facility in the world that is currently concentrating on developing and maintaining investment grade, private standards that are compliant with the requirements and technical development methodologies established by the ISO (International Organisation for Standardization). Probus Sigma has developed, advised and managed such standards with a perpetual view on lowering investment risk and ensuring effective investment in environmental conservation. In this article we want to highlight the reasons why we believe this is only possible if these standards are aligned with the ISO by providing more information about the ISO as well as discussing why Sigma, our ESG metrics tool, is based on ISO standards. Continue reading

Sigma: In facts & figures

What is Sigma?

Sigma is…

  • The next generation of ESG risk metrics.
  • An investment metrics tool designed to provide reliable, accurate and transparent metrics to rate risk in Sustainability by applying proprietary standards-based financial technology.
  • Designed to provide one common international ESG standard.
  • Interoperable in 161 countries.
  • Compliant with World Trade Organisation (WTO), International Trade Commission (ITC), United Nations Environment Programme (UNEP) and the Global Reporting Initiative (GRI).
  • Designed to incur low implementation and operation costs.
  • Unique. No other Sustainability metrics tool exists which can offer the same capabilities to accurately assess risk within a chosen company, investment, market, project or supply chain.

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Umbrella ESG Standards

It is one of Probus Sigma’s five main objectives to create and maintain an “umbrella standard” in order to produce a common framework within which market investment solutions in SRI can be achieved. It goes without saying that this benchmark is transparent, neutral and free of conflicts of interest or corporate and political bias. But what exactly is an “umbrella standard? And how can it help SRI? Continue reading

A note on the ISEAL Alliance & what private standards in the GHG industry can learn from its Code of Practice for Setting Social & Environmental Standards

(Would you like to know more about who Probus Sigma is? Please see here.)

The International Standard Environmental Accreditation and Labelling (ISEAL) Alliance is a “formal collaboration of leading international standard-setting and conformity assessment organizations focused on social and environmental issues”. [1] The ISEAL Alliance was established only ten years ago by a group of “pioneering group of sustainability standard-setters” [2] (namely the Forest Stewardship Council, International Federation of Organic Agriculture Movements, Fairtrade and Marine Stewardship Council) and has since grown to incorporate four additional organizations. What is interesting about ISEAL Alliance is the cross-industry reach of its members suggesting that while the sectors covered can differ considerably, the systems, objectives and overriding motive of sustainability are constant. There is in this structure both a common purpose and an inferred level of accountability. Continue reading

Regulations That Value ESG-Long Term

Philippe Desfossés, Director, RAFP: Governments must design regulations that value ESG/long term

A Glut of Debt and Unsustainable Pension Promises Requires an ESGand Long-Term Institutional Sustainability Fix
by Philippe Desfossés | January 3rd, 2012

For too long, western economies have been indulging themselves in cheap credit and over-consumption. As Herbert Stein once said “If something cannot go on forever, it will stop”. In its 78th report (2007) the International Settlements Bank made a clear statement “The unsustainable has run its course”. Here we are. The question is how we reached this point of near collapse when so many clear signals should have warned us. It appears that the West chose to grow through mass consumption. The counterpart, as well as the means to finance this profligacy, has been through credit. One could just read what was written in 1929. On October 4 of 1929, the New York Times quoted the Secretary of the Treasury M. Continue reading

Probus Set To Launch Verified Global ESG Compliance Protocol

The Outsource Solution from the ESG Experts at Probus Sigma

The requirement for all Fund Managers, on and offshore, to implement and integrate Environmental, Social and Governance (ESG) policies and procedures within the overall investment matrix is now clearly a ‘must have’ if they want to stay in business. Probus recently reviewed the characteristics of the top performing Voluntary Carbon Credit Funds and several information documents concerning funds to be launched in 2012. Of the top performing Funds strong ESG compliance, (not SRI,CSR, etc) is a common factor amongst high quality credits returning above average returns or to obtain more information, see here: Probus Infomation Pack.