Case Study

Driving improved Safety, Health & Environmental performance across the global operations of a publicly listed chemical company

The company is a leading global explosives and specialty chemicals manufacturer focused on providing products and services to a broad spectrum of customers in the mining, manufacturing and agricultural sectors. This company comprises businesses spanning across Africa, Asia, USA and Australia, and employs over 6,000 employees. The effective management and continuous improvement of Safety, Health & Environment (SHE) performance has been identified as a key business value by our client.  In order to help our client meet this requirement, IBIS was appointed to design and develop a SHE. Operational Assurance Programme for the company and implement this across more than 50 production, storage and handling facilities globally. As part of the project, IBIS developed a series of tools and processes for the review of company operations against local legislative compliance and good industry practice requirements (including incorporating Corporate Policies and Standards), covering occupational health & safety, process safety and environmental aspects.  Mechanisms for addressing gaps were incorporated and a custom built geo-database for measuring and reporting SHE improvements at each facility was developed. Speak to IBIS today regarding how we can help your business consistently and effectively manage Safety, Health & Environmental (SHE) risk and improve performance across your operations.

Case Study

Sustainability reporting solutions that give you the edge

Facing increasing pressure from its stakeholders, including from its own funders, a major African based investment group appointed IBIS Consulting to assist with its sustainability performance reporting. The fund manager was also concerned about its carbon impact, both for current and future investments. IBIS’s team of specialists reviewed the scope of the client’s investments and developed an easy-to-use and practical solution to capture material sustainability information.  Because the work was driven by a team of Environmental Social Governance (ESG) and reporting specialists, focus was placed on the detailed nature of this reporting in a way that makes sustainability indicators accessible and understandable at both a fund and portfolio investment level. The tools developed will ensure that meaningful sustainability information is reported both internally and externally consistently and with full transparency. The IBIS team also developed a simple carbon calculator tool that measures the carbon impact of its investments on a quarterly basis.  Additionally, the tool assists the business in forecasting emissions of future investments, giving our client a competitive edge and more holistic viewpoint to support decision making.  This has enabled carbon impacts and the climate change much easier for the company to understand, thereby laying a foundation for a culture of sustainability in the organisation, moving forward. Talk to us to find out how IBIS can provide solutions to your sustainability and carbon emission reporting requirements today.

Case Study

Reviewing South Africa’s national greenhouse gas (GHG) inventory

South Africa is party to the United Nations Framework Convention on Climate Change (UNFCCC) and, as such, is required to report on its national greenhouse gas (GHG) emissions. In 2016, South Africa initiated the process of compiling its fifth GHG inventory covering the period 2000 – 2012.  Requirements and protocol stipulate that national GHG inventories be subjected to an independent peer review in order to ensure the accuracy of the inventory and to build confidence in the results. The importance of the accuracy of the GHG inventory cannot be overemphasised, as reporting is the first step in the reduction of emissions at a national level. Among many other countries, South Africa committed to reducing its GHG emissions nationally at the recent COP 21 Conference in Paris.  The numbers published in the national GHG inventory are used as the basis for measuring this reduction commitment. IBIS was appointed by the Department of Environmental Affairs in South Africa to conduct the independent review of the national GHG Inventory.  The work was led by our multi-disciplinary team who ensured the highest possible level of detail and accuracy of the information. Classified as a developing country, South Africa will have to report more frequently in future, providing yet another reason for robust reporting expertise. The work done by IBIS included a technical review of all calculations and assumptions made in the compilation of the national inventory, a thorough review of all aspects of the reporting, and recommendations for improvement. Not only is the country’s reporting now more accurate, but South Africa is also in a stronger position to make more informed decisions around carbon reduction in the future. Speak to us about how we can assist your organisation reduce carbon impact and report more accurately on your greenhouse gas emissions.

Case Study

E&S Due Diligence in Niger for a leading European DFI

A division of a large African Holdings Company is developing a 140 room four-star hotel in central Niamey, Niger to serve the expanding accommodation demand, especially for business travelers.  A leading European-based Development Financial Institution (DFI) had been approached for project financing. To ensure project compliance with International Finance Corporation Performance Standards (IFC PS), World Bank Environment Health and Safety Guidelines, and local regulations, IBIS was appointed to undertake an Environmental and Social (E&S) Due Diligence study.  The E&S Due Diligence included a review of the project design, construction and operational phases. Within a short turnaround time, IBIS deployed a French-speaking E&S Due Diligence specialist with strong experience in construction safety, hotel operations, security and green building design. The approach was structured to address the challenges of the local context in Niger, and to cover all phases of the project, with the unique environmental and social risks associated with each phase. Key focus areas included hotel building environmental performance (using the IFC Green Building EDGE tool), safety during construction and the hotel’s E&S Management System. The assessment also included a full review of the hotel’s security measures (access control, alarms, emergency procedures, etc.) against the international best practices in the context of increased terrorists attack targeting hotels in West Africa.  IBIS also identified potential E&S opportunities, such as job creation, tax revenue and setting up local environmental standards. IBIS provided a detailed, practical and prioritized corrective action plan to address all gaps identified in the assessment.  This enabled the DFI to make informed decisions and incorporate E&S requirements into the financing agreement. The construction of the hotel building is currently underway, and should be open for business by mid-2018. Speak to IBIS about how we can help you manage risks and make informed decisions associated with your investments in Africa.

Case Study

Ongoing Environmental & Social (ES) Management across the Investment Portfolio of a leading African Private Equity Firm

IBIS were appointed by a leading African private equity firm to manage the environmental and social (ES) risks and impacts associated with their projects across the continent. The firm manages a fund with a value in excess of US$400 million, which is focussed on developing world-class commercial and retail development hubs throughout Sub-Saharan Africa. With such a significant portfolio, safety and sustainability are key priorities. IBIS were appointed as specialist ESG advisors across all projects, in line with the requirements of the Funds’ Environmental and Social Management System (ESMS) and that of the Fund’s Limited Partners (LPs).  IBIS’ involvement has included ES screening and due diligence of new projects and site, management of local in-country consultants performing project ES Impact Assessments (ESIAs); and monitoring and reporting on project ES performance during the construction and operational phases. We have also put systems into place to help manage the risks associated with implementation timelines, health & safety and environment. The support we have provided has enabled our client’s projects to meet industry best practice standards, including the Equator Principles and the IFC Performance Standards for Environmental & Social Sustainability, which has helped reduce project risk and attract a broad base of international investors to the fund. Ask us how we can help manage the environmental and social risks and impacts associated with your portfolio of investments in Africa.

Case Study

Developing Environmental & Social Management Systems (ESMS) for one of Africa’s largest Alternative Investment Managers

IBIS were appointed by one of Africa’s largest alternative investment managers with over US$4 billion in assets under management, to support with the development and implementation of world-class environmental and social management systems (ESMS) for each of the company’s investment competencies, including private equity, infrastructure, development impact and fund of funds, collectively comprising some 20 funds . The overall aim was to implement bespoke management systems that would better integrate material environmental, social and governance (ESG) factors into investment and ownership practices of our client, both to manage ESG risk and enhance opportunities.  This included developing policies, procedures, guidance documents and a series of management, monitoring and reporting tools that can be applied at a fund, investment competency and overall business level. The ESMS’s were designed to meet industry best practice standards in line with the requirements of leading Development Finance Institutions (DFIs) and Equator Principles Financial Institutions (FIs), as well as demonstrating the company’s commitment to the United Nation’s Principles of Responsible Investment (UNPRI) and South Africa’s Sustainable Development Goals (SDG’s). The implementation of the new systems included executive and team level training regarding the application of the ESG criteria to the business. Speak to IBIS on how we can support you develop ESG management systems that integrate effectively with your investment process and meet international investor requirements.

Case Study

Enhacing ESG performance for Africa-wide Agriculture Impact Funds

IBIS has been working with a leading agriculture investment fund manager for the last two years to provide specialist environmental and social advice and support associated with their portfolio of farming investments across Africa. ESG issues as key to managing investment risks in the agricultural sector and, in addition to other E&S issues common to the sector, places a specific focus on labour issues and providing opportunities for the advancement of the work force on the farms in question. Our role is varied and we assist in the identification and management of ESG risks and opportunities throughout the investment lifecycle, ranging from rapid red-flag assessments of proposed investments early in the process to inform the investment decision, to full-scale baseline E&S assessments, through to annual environmental and social monitoring of farming operations in all countries where the client operates. In addition, IBIS are on call to provide specialised advice in respect of ad hoc issues raised by portfolio companies or with regard to potential acquisitions. In any given month this may include critical review of resettlement processes for a farm in KZN South Africa, summarising the regulations governing water law in Kenya, or assessing alignment with legally mandated overtime hours for agricultural workers in Swaziland. Speak to us about how we can support you in maximising the impact and reducing the risks of your portfolio by enhancing ESG performance.

Articles

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Climate paradox or progress?

2018 was a year of paradox. The scientific signals of global warming are significantly stronger. The frequency, intensity and cost of weather impacts escalates. But the backtracking and general malaise from global politicians on climate change increases. Despite this, we are seeing market responses, driven by civil society and the private sector.

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Sustainable supply chains: Chains, levers or webs?

Customers have tremendous power in the business-to-business (B2B) sustainability world. Just by asking questions of their suppliers, customers send powerful signals about what matters. This article published by IBIS Director Jeremy Soboil and Non-Executive Director Scott Nadler on sustainability and the supply chain.

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Sustainability reporting and performance - observations and trends

Often sustainability professionals are caught in an unending reporting cycle and before they know it are preparing for next year's sustainability report before they have had a chance to do anything else. In this piece published on Bizcommunity.com IBIS Director, Simon Clarke discusses some of the main reporting trends and shares some ideas on what companies can do to stay ahead.

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