SIDC’s SRI Conference 2024 served as a catalyst to promote discussions and partnerships, collectively addressing challenges and shaping responsible investment practices. The shared goal is to secure a future where sustainability becomes an inherent part of human existence, ensuring the well-being of both humanity and the planet.
SRI 2024 encapsulated the imperative of global unity in prioritizing sustainable investments for human well-being and the planet amidst escalating environmental challenges. It underscored the sobering reality revealed by COP28 that current efforts are insufficient to limit global warming to 1.5°C, necessitating immediate action. Malaysia has witnessed a significant surge in sustainable investments driven by supportive policy frameworks and initiatives like the SRI Roadmap and SRI Taxonomy. The introduction of the Maqasid Al-Shariah Guidance further fortifies Malaysia’s commitment to sustainability, highlighting the crucial role of mobilizing funds for human well-being and environmental preservation.
The conference delved into critical evaluations, innovative perspectives, and transformative solutions for a sustainable future. It emphasized the intrinsic nature of sustainability and the urgent need for climate action through the mobilization of funds. By convening industry players, policymakers, business leaders, and stakeholders, the event facilitated dialogue, identified shortcomings, and strategized actionable steps to bolster the nation’s commitment to sustainability. Through fostering discussions and partnerships, it empowered stakeholders to play a pivotal role in global efforts to mitigate climate change, identify investment opportunities for a sustainable future, and secure a healthier planet for present and future generations.
Beneath the Surface: Investments for Preservation of Marine Biodiversity for Sustainable Seas
The panel session at “Beneath the Surface: Investments for Preservation of Marine Biodiversity for Sustainable Seas,” moderated by our very own Jean-Marc Champagne, Managing Director at Seneca Impact Advisors featured a series of insightful discussions on various aspects of marine conservation and sustainable economic practices. The session began with “Blue Carbon Catchers – The Ocean’s Climate Shield,” where experts, including Prof. Yeong Yik Sung, PhD, Director of the Institute of Climate Adaptation and Marine Biotechnology, emphasized the crucial role of marine ecosystems in carbon sequestration and climate regulation. This was followed by a discussion on “Investment Opportunities in the Blue Economy,” which explored the potential for sustainable investments that support both ocean health and economic growth. Paul Holthus, Founding President & CEO of the World Ocean Council (Hawaii), provided valuable insights into the opportunities and challenges in this sector. The panel also delved into “Measuring Blue Economy Performance,” focusing on the metrics and indicators necessary to evaluate the impact and success of blue economy initiatives. The final topic, “Aquaculture Unicorns – Making Waves in Sustainable Seafood Innovation,” showcased groundbreaking advancements in sustainable aquaculture. Jenny Ou, Managing Director of Sankina Aquaculture Sdn. Bhd, highlighted the importance of innovation in meeting global seafood demands responsibly. Overall, the panel session underscored the interconnectedness of marine biodiversity preservation and sustainable economic development, offering valuable insights and actionable strategies for the future.
Impact Investing: Gearing for Positive Social Impact and Financial Return
The panel session at “Impact Investing: Gearing for Positive Social Impact and Financial Return,” moderated by Vikas Arora, Chief of Impact Investing at AVPN, brought together industry leaders to explore the nuances and significance of impact investing. The session began with “Impact Investing – How is it Different from the Rest?” where Jean-Marc Champagne, provided insights into the unique aspects of impact investing compared to traditional investment approaches. Following this, the discussion on “Why Impact Investing Matters Now” highlighted the urgent need for investments that generate both financial returns and positive social outcomes. Munirah Khairuddin, CEO Malaysia & Global Shariah and Managing Director, Strategic Distribution & Institutional Client Relations (Southeast Asia & Global Shariah) at Principal, emphasized the growing importance of impact investing in addressing global challenges. The panel also explored “How Impact Investing Compliments the Islamic Capital Market,” where experts discussed the alignment of impact investing principles with Islamic finance, showcasing how these investments can cater to ethical and religious considerations. Heesu Jeon, SDG Impact Finance Specialist, contributed valuable insights into the integration of impact finance within this framework. The final topic, “The Power of Impact Investing in Generating Competitive Financial Returns with Positive Social Impact,” underscored the potential of impact investments to deliver substantial financial gains while fostering social and environmental benefits. Overall, the panel session underscored the transformative potential of impact investing, offering valuable insights and actionable strategies for leveraging investments to achieve both financial success and meaningful social impact.
Ultimately, SIDC’s SRI Conference 2024 successfully highlighted the critical importance of sustainable and responsible investment practices. By bringing together diverse voices and fostering collaborative efforts, the conference paved the way for innovative solutions and strategic actions that can drive global sustainability. The event reinforced the necessity of integrating sustainability into all aspects of investment and economic development, ensuring a resilient and prosperous future for both humanity and the planet.
