Effective Community Engagement for
Promoting Responsible and Sustainable
Investment
Prof.Dr.Aung Tun Thet
Responsible Investment
Importance of environmental, social and
governance (ESG) factors
Long-term sustainable returns
Stable, well-functioning and well governed
social, environmental and economic
systems
Responsible Investment
Assessing value and performance of
investment over medium and longer term
Wider view
Full spectrum of risks and opportunities
Aligned with short and long-term interests
of STAKEHOLDERS
Responsible Investment
Differentiated from conventional
approaches to investment in two ways
1. Timeframe
2. Wider contextual factors
Bring sustainability into heart of business
strategy
Responsible Investment Strategies
Proactive consideration of ESG factors in
investment decision-making
Engagement with community
Six Principles of Responsible
Investment
Principles
1. Incorporate ESG issues into investment
analysis and decision-making processes
2. Incorporate ESG issues into policies and
practices
3. Seek appropriate disclosure on ESG issues
Principles
4. Promote acceptance and implementation
within investment industry
5. Work together to enhance effectiveness in
implementation
6. Report on activities and progress
Responsible Investment
Balance
Business needs
Community/national needs
Framework for Responsible
Investment
Five Pillars
Interrelated
Holistic approach
“Living”
Five Pillars
Guidance to governments, industry and
other stakeholders
Identify and advance responsible
investment
Five Pillars
Stakeholders need additional skills,
capacity or resources
Shared vision and common framework
identify opportunities for support
Five Pillars
1. Transparent and Mutually Beneficial Legal
Framework
2. Long-term Planning and Revenue
Management
3. Leverage Investments for Development
Five Pillars
4. Promote Human Rights and Integrated
Development
5. Manage Environmental Risks and Impacts
Shared Goal
Public and private stakeholders
Mutually beneficial
Long-term relationship
Development benefits for population
Reasonable return on investment
Framework
Mutual responsibility of both public and
private stakeholders
Initiatives taken by MIC
Encourage investors to allocate 1-5% of
annual net profit to CSR activities in
consultation with the stakeholders
Encourage greater openness and
transparency
Encourage investors to join the UN Global
Compact
Better Future, Better Myanmar
Action by all
Governments
Corporations
Citizens
Consumers
Workers
Investors
Civil Society
Thank You!
Q/A