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High-Level Roundtable on Integrated Reporting Transparency

MD LADOL, Dr. Amy Jadesimi, speaks on High-Level Roundtable on Integrated Reporting Transparency as a Catalyst for Efficient Resource Allocation and Sustainable Development, hosted by Mr. Joaquim Levy Managing Director and Chief Financial Officer, World Bank

The panel discussion at this event was very lively, informative and frank. Dr. Jadesimi was joined on the panel by, Mr. Tim Mohin – Chief Executive, Global Reporting Initiative and Mr. David Young – Senior Partner and Managing Director (Social Impact), Boston Consulting Group. The panel was chaired by Sallie Pilot, Director, Black Sun Plc.

Dr. Jadesimi commented “In 2017 the report ‘Better Business, Better World’ published by the Business and Sustainable Development Commission showed how the global economy could be increased by USD 12 trillion, by 2030 if the private sector pursued sustainable business models in just four verticals (healthcare, cities, energy and agriculture). Companies like LADOL are grabbing this opportunity, by making long term investments building sustainable infrastructure, facilities and operations – creating jobs and prosperity in the highest growth markets of the world. Transparency in reporting will highlight the high returns investors get from sustainable companies and the comparatively poor performance and prospects of old economy companies with low ESG. Integrated reporting is one of the most important and yet underutilized tools that analysts and investors should be using to make their decisions. Given how crucial it is to shift investment into sustainable local companies, in high growth low income markets, I hope that the World Bank will be bold and aggressive and publish criteria by which we can measure company’s sustainability, in partnership with International Integrated Reporting Council (IIRC) in 2018.”

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