We’ve published our Annual Sustainability Review 2016-2017. The Review, the second we have published, looks at examples of how we’re supporting businesses to meet challenges and to make their companies more successful through environmental and social improvements.
Our new Strategic Framework, launched in July this year, ensures sustainability considerations are key to all our investments and makes several commitments to help us achieve this. The Review focuses on some of these commitments and provides an update on these areas. This includes our commitments to helping businesses mitigate and adapt to climate change, to women’s economic empowerment, and to improving job quality.
It opens with an introduction from Nick O’Donohoe, our Chief Executive, who underlines how integral environmental and social responsibility is to our approach: “We know that it takes more than just money to grow businesses in Africa and South Asia. When we make an investment, we try to offer something additional that would not typically be provided by mainstream investors.”
The Review also includes:
- An interview with Rachel Turner, the Department for International Development’s (DFID) Interim Director for Economic Development, who discusses why CDC’s approach to sustainability is so important to DFID.
- A look at how we’ve been providing training to support businesses to manage environmental, social and business integrity issues at board level.
Click here to read the Annual Sustainability Review.
CDC is the UK government-owned development finance institution. CDC’s mission is to support the building of businesses throughout Africa and South Asia, to create jobs and making a lasting difference to people’s lives in some of the world’s poorest places.
We provide investment capital in all its forms, including equity, debt, mezzanine and guarantees, and this capital is typically used to fund growth. This capital is provided directly and through fund managers that are aligned with our aims.
CDC uses its own balance sheet to invest and has net assets of £3.4bn.