sptf social investor working group update · sptf social investor working group update thursday...
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SPTF Social Investor Working
Group Update
Thursday October 18, 2018
Presented by SIWG co-chairs: Christophe Bochatay, Anna Kanze, and
Jurgen Hammer
Agenda
• Introduction
• Overview of the SIWG meeting in Luxembourg
• Update on SPI4 uptake
• Coordinating with the Impact Management Project
• Managing work on SDGs
• Update on CDC-SPTF FinTech webinar series
• Update on the ReDi Lab
• Upcoming meetings
• Q&A
Thank you to our investor organizational members!
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Thank you to our collaborating partners!
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Update from SIWG mid-year meeting
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• SIWG held its mid-year meeting in June 2018 in Luxembourg
• Hosted by the Ministry of Foreign and European Affairs of Luxembourg, in partnership with the Inclusive Finance Network Luxembourg (InFiNe)
• 60+ investors attended
• Investors identified the following new priorities for the group:
▫ Coordinating with impact investing initiatives, particularly related to reporting on SDGs
▫ Better understanding what it means to make a responsible FinTechinvestment
▫ Better understanding how to help MFIs with responsible digital transformation
The agenda, pre-reading materials, presentations, and minutes from the meeting can be found on the SPTF webpage:https://sptf.info/working-groups/investors
Agenda
• Introduction
• Overview of SPI4/ALINUS uptake
• Coordinating with the Impact Management Project
• Managing work on SDGs
• Update on CDC-SPTF FinTech webinar series
• Update on the ReDi Lab
• Upcoming meetings
• Q&A
MIV/DFIs using ALINUS
Full use (direct or aligned indicators)ADA/LMDF, AFD, Alterfin, Blue Orchard, BNP Paribas, Cordaid, European Investment Fund, Gawa, GCAMF, Incofin, Oikocredit, Pamiga, Proparco, Sidi, Stromme MF/EA
Testing/strategic planningBOPA, Deutsche Bank/ DWS, DID – DevelopmentInternational Desjardins, European Investment Bank, FAS, Gojo & Company, GrassRoots, Symbiotics, Triple Jump, Verdant Capital
Awareness raising
In contact with CERISE/SPTF for strategic discussions
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International/National Networks using
SPI4/ ALINUS
Networks using SPI48 International: ACEP, Advans, CIF West Africa, Microcred,
Opportunity Intern’l, Oxus, Pamiga, Vision Fund
7 National: Amcred Brazil, Copeme Peru, Finrural Bolivia, MCPI
Philippines, PMN Pakistan, Radim Argentina, RFD Ecuador
Networks in training/awareness or using reduced network
option3 International: AgaKhan, Grameen Foundation, CICM, etc.
9 National: AMA Albania, AMFA Azerbaijan, AMFI Kyrgistan, AMFOT
Tajikistan, ASOMIF Nicaragua, CMF Nepal, LMWG Laos, RedFasco
Guatemala, UCORA Armenia, etc.
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SPI4 online: We have started!
• Prototype by Jan 2019 (for CERISE’s20th anniversary)
• With support by DWS/SIDA facility
• Support stillneeded for 2019!
Agenda
• Introduction
• Overview of SPI4/ALINUS uptake
• Coordinating with Impact Management Project
• Managing work on SDGs
• Update on CDC-SPTF FinTech webinar series
• Update on the ReDi Lab
• Upcoming meetings
• Q&A
As impact investing continues to grow, several
initiatives are working to help investors navigate
the different investment opportunities
SPTF is coordinating efforts with these initiatives to help shape the tools and resources being developed on financial inclusion
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Why is SPTF involved and how is this
relevant to you?
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• Share the experience of financial inclusion
▫ Collaboration, working towards common objectives
▫ Development and implementation of standards, common audit and monitoring tools, advancement of outcomes management work, etc
• Financial inclusion is a large sector of impact investment and can help pave the way of less-mature sectors – seen as “example”
• Ensure coordination with broader impact investment initiatives – as prioritized by many of you
• Opportunity to shape frameworks and tools that can be used by asset owners and investors throughout the broader investments sector
IMP Investor’s Impact Matrix
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Impact of enterprise
Act to avoid harm Benefit stakeholders Contribute to solutions
Imp
act
of
investo
r
1 Signal that impact matters
+ Engage actively
+Grow new or undersupplied capital markets
+ Provide flexible capital
2 Signal that impact matters
+Engage actively
+Grow new or undersupplied capital markets
+Provide flexible capital
3 Signal that impact matters
+Engage actively
+Grow new or undersupplied capital markets
+Provide flexible capital
4 Signal that impact matters
+Engage actively
+Grow new or undersupplied capital markets
+Provide flexible capital
5 Signal that impact matters
+Engage actively
+Grow new or undersupplied capital markets
+Provide flexible capital
6 Signal that impact matters
+Engage actively
+Grow new or undersupplied capital markets
+Provide flexible capital
Next Steps: Impact Management Network
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impact
managem
entp
roje
ct.co
m
A network of leading organizations
working together to agree shared
principles, standards, and
benchmarks for impact
CERISE – Check-list for Responsible Investor
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NAVIGATION
Carte d'identité
D1 - Thèse d'impact
D2 - Gouvernance
D3- Procédures et produits
D4 - Modèle économique
D5 - Reporting
Checklist for Responsible Investors Strategy and PracticesOctober 2018 - Version 1.0
Designed to help impact investors overcome the challenge of turning
intention into impact. Co-developed with impact investors, the tool
assesses the implementation of your impact thesis, thanks to a rapid
appraisal of the social strategy, governance, practices and products, business
model and outcomes.
Agenda
• Introduction
• Overview of SPI4/ALINUS uptake
• Coordinating with Impact Management Project
• Managing work on SDGs
• Update on CDC-SPTF FinTech webinar series
• Update on the ReDi Lab
• Upcoming meetings
• Q&A
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GIIN| Workflows related to the SDGs
Metrics
• Aligning IRIS catalogue to SDGs
(target level)
• Revising IRIS into IRIS+ system,
which will offer Core Metrics
Sets aligned to the SDGs
Navigating Impact: Developing
strategies for several themes aligned
to IMP dimensions & SDGs, provided
with core metric and evidence maps
Strategic Partnerships:
• Part of the WBA Allies Group to
coordinate across stakeholders
(investors, corporations, field
builders)
Ongoing coordination: UNPRI, UNDP,
UNEP FI, and other actors
Practitioner-lens:
• IMM position paper
• Investor case studies
• Peer group (Investor Council
members) to collaborate on
intersection between IMP and
SDGs
Managing work with SDGs
17 objectives…along 169 targets…
evaluated through 284 indicators
All at the macro level !
Work by CERISE and its partners on the SDG
Objective : propose a simpleframework to allow mission-driven organizations to use andmeasure their contributions tothe SDG
Managing work with SDGs
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Results :
MetODD-SDGa compilation of keyindicators by SDG,aligned with IRIS,covering 66 targetsrelevant for socialenterprises.
Available onCERISE SBwebsite
Q&A
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Agenda
• Introduction
• Overview of SPI4/ALINUS uptake
• Coordinating with Impact Management Project
• Managing work on SDGs
• Update on CDC-SPTF FinTech webinar series
• Update on the ReDi Lab
• Upcoming meetings
• Q&A
CDC-SPTF FinTech Webinar Series
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• Designed to help investors better evaluate SPM risks and value for clients during due diligence and monitoring of FinTech investments
• Previous webinars:
▫ Overview of evaluating risks and value to clients
▫ Evaluating repayment capacity analysis
▫ Evaluating risks with agent network management
▫ Evaluating pricing and pricing transparency
▫ Evaluating technology risks and opportunities
• Upcoming webinars:
▫ Evaluating pay-as-you-go models (Mobisol)
▫ Serving lower income and oral customers
All webinar recordings, presentations, and briefs can be found at https://sptf.info/working-groups/investors/spm-and-fintech
Agenda
• Introduction
• Overview of SPI4/ALINUS uptake
• Coordinating with Impact Management Project
• Managing work on SDGs
• Update on CDC-SPTF FinTech webinar series
• Update on the ReDi Lab
• Upcoming meetings
• Q&A
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Support digital transformation of microfinance institutions’
Nurture FinTechs to support digital quest of microfinance
institutions
Share best practices and lessons learnt in a Community of Practice
Responsible Digital Transformation Lab (ReDi Lab)
Responsible Digital Transformation Lab (ReDi Lab)
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• Steps since Luxembourg meeting
▫ Renamed the Responsible Digital Transformation Lab (formerly the Innovations Lab for Microfinance)
▫ SIWG held two webinars with MicroSave to discuss concept of lab and gauge the interest of investors
▫ SIWG mapped interested investors’ portfolios in Africa to identify overlapping institutions
• Next steps
▫ Conduct pilot digital readiness assessment with 1-2 institutions that have overlapping interested investors
• Interested in participating?
▫ Email [email protected] for more information.
Agenda
• Introduction
• Overview of SPI4/ALINUS uptake
• Coordinating with Impact Management Project
• Managing work on SDGs
• Update on CDC-SPTF FinTech webinar series
• Update on the ReDi Lab
• Upcoming meetings
• Q&A
• February: SIWG investor-only meeting, Washington, D.C. or New York
• June: SPTF workshop on digital transformation, Nairobi
• September: SPTF partnering with ADA for African Microfinance Week (SAM), Burkina Faso
2019 SIWG meetings (tentative)
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Q&A
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Join the new SPTF Social Investor Working Group LinkedIn group!
This will be a good way for our group to share relevant publications, ask questions and discuss
priorities.
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