The private sector, corporations or foundations alike, are looking for ways to link impact and strategy – using socio-economic impact data to inform the selection of social causes you support, or to identify business model to streamline operations and client offering. This could also be conducted for the purpose of informing dialogue with their stakeholders to maintain license to operate, or strengthening reputation. Making this link, let alone a causal relationship, is not straightforward, and there is a need for companies to share best practice, for example:
– How has socio-economic impact data influenced business strategies?
– What kind of socio-economic impact data are most useful?
Standard Chartered is pleased to share insights and experience of utilising development impact data to inform business direction.
Yulanda Chung, Head of Development Impact of Standard Chartered, will be sharing the bank’s experience in this regard.
When? 7th October 2014, 4pm, Singapore time
For more information on Standard Chartered’s impact studies, a series of independent socio-economic impact reports have been commissioned, covering Bangladesh and Indonesia in Asia. Read the executive summaries for a quick overview on what areas of impact the reports covered, how they view their impact on the communities and wider economy, and how it should influence their business strategy: https://www.sc.com/en/sustainability/performance-and-policies/impact-reports/country-reports.html
About the speaker
Yulanda Chung is Standard Chartered’s Head of Development Impact. She leads the impact investing agenda and the measurement of the socioeconomic contributions of the Bank. She also serves as the Bank’s environmental advisor.
Prior to this she was Head of Sustainable Finance and Environment. She led the development and global implementation of the Bank’s policies on environmental and social risk management, which serves as a keystone for the Bank’s financial transactions.
Before joining Standard Chartered, Yulanda was a mining analyst at Sustainable Asset Management in Zurich, Switzerland, and was responsible for the mining and building materials portfolios for the Dow Jones Sustainability Index.
She has experience in conducting environmental and social due diligence for key markets in Asia, Africa and the Middle East.
She holds a Masters in Environmental Change and Management from the University of Oxford.