Risk Insights Newsletter: December 2021
THANK YOU FOR YOUR SUPPORT IN MAKING 2021 ANOTHER SUCCESSFUL YEAR:
Despite of all challenges of 2021 related to pandemic and economic issues; Risk Insights has experienced another year of growth thanks to your continued support.
Risk Insights’ AI-powered ESG GPS rating tool was successfully launched in two major African markets – Nigeria and Kenya. Risk Insights was recognized for two consecutive years by the World Economic Forum (WEF) for Agile Governance in 2020 and for Excellence in Sustainability in 2021. Along other Risk Management champions in South Africa like Johannesburg Stock Exchange, Vodacom, Master Drilling, Eskom, ABMI, Risk Insights was awarded by the Institute of Risk Management of South Africa for its achievements in building first Africa AI-powered ESG rating tool – well known across South Africa and far beyond its borders ESG GPS. Risk Insights, with its partners Imperial and Instinctif Partners launched the World Economic Forum New Champions South Africa Chapter – first ever World Economic New Champions country Chapter.
We thank all our clients and other stakeholders for your ongoing support of our efforts to make this world a sustainable place for all. Here are a few more highlights of 2021.
Sustainability projects alongside the World Economic Forum:
We continue to develop strategic relationships with our partners, including WEF. In 2021 Risk Insights, together with its strategic partners, launched first in the world country Chapter of the World Economic Forum New Champions in South Africa. The initiative forms part of The WEF’s New Champions Community, which mobilizes and capacitates corporate leaders to improve the state of the world. WEF New Champions Chapter South Africa will support the Step Up 2A Start Up of Primestars to create more sustainable job opportunities and support entrepreneurs in South Africa, Trails SA & Imperial to create better connected trail experience for communities in the Western Cape and to build more sustainable jobs and Unjani Clinics to create a network of medical facilities to address the gap in healthcare access for underprivileged communities. We trust to undergo more projects with our partners and create a more sustainable future for South Africa.
COLLABORATION BETWEEN PwC AND RISK INSIGHTS:
Risk Insights and PwC announced collaboration between parties. Under the deal signed between companies, PwC will use Risk Insights’ ESG GPS tool to access the underlying ESG GPS ratings reports and leverage rich ESG GPS database to advise companies on how to improve their ESG strategies, transformations, performances, and reporting.
COLLABORATION BETWEEN HENLEY BUSINESS SCHOOL AND RISK INSIGHTS:
Risk Insights and Henley Business School are pleased to announce a co-operation in a joint ESG research project towards providing an in-depth analysis of the current state of affairs in the implementation and adoption of ESG (Environmental, Social and Governance) principals within listed companies across the African continent. Risk Insights, as the creator of the AI-powered ESG GPS model, will provide expert knowledge on ESG in Africa and contribute quantitative data analysis capability using its ESG GPS rich database. Henley Business School, as leading educational institution in Africa and globally, will use its academic excellence in research to facilitate the project while both parties aim to promote and disseminate their joint research findings. This will be an initiative that examines the current level of ESG adoption, integration, and practices within various materiality factors across companies in Africa.
Recognized in an Honourable Mention for Sustainability by the World Economic Forum:
In 2021, Risk Insights was recognized in an Honourable Mention for Excellence in Sustainability by WEF. “South Africa-based Risk Insights is the first company in Africa to create an AI-driven tool for rating the Environmental, Social and Governance (ESG) performance of companies listed on the continent’s major stock exchanges. Using machine learning, the tool assesses how well a company’s strategies are aligned to its ESG aims.” This marks as the second consecutive year that Risk Insights was recognized by WEF, following Risk Insights becoming the Winner of Excellence in Agile Business Governance in 2020. We are excited about more prospects alongside WEF in creating a more sustainable future for all.
Risk Insights awarded for Professional Services from IRMSA:
The Institute of Risk Management South Africa - IRMSA is the leading Professional Body for Risk Management in South Africa and on African continent. The Institute represents individuals and companies committed to the enhancement of the Risk Management discipline. With this, along other Risk Management champions in South Africa like Johannesburg Stock Exchange, Vodacom, Master Drilling, Eskom, ABMI Risk Insights is humbled to receive a prestigious award for Professional Services for recognizing Risk Insights for our small contribution to risk management practices and building first AI-powered ESG GPS rating tool built in Africa for Africans.
Risk Insights launched ESG GPS in two major African markets:
In 2021, Risk Insights successfully launched its ESG rating tool - ESG GPS, into two more major African markets: Nigeria and Kenya.
This success would not be possible without support from our valued guest speakers. From our Nigeria launch we would like to thank: Temi Popoola, CEO of the Nigerian Exchange Ltd, Blessing Ayemhere, Chairman of ESG GPS Independent Ratification Committee for Nigeria and CEO & Managing Director at Umugini Pipeline Infrastructure Limited, Alexandre Raffoul, the Head of Business Engagement in the Middle East and Africa from the World Economic Forum, Dr Nkem Khumbah, Chairman of ESG GPS Independent Ratification Committee for Kenya and Lecturer of Applied Mathematics at the University of Michigan, Rukaiya el-Rufai, Sustainability & Climate Change Lead at PwC Nigeria, Mohammed Akoojee, CEO of Imperial Logistics and Pearl Uzokwe, Director of Governance and Sustainability at Sahara Group.
From our Kenya launch we would like to thank: Geoffrey Odundo, Chief Executive of the Nairobi Securities Exchange PLC, Dr Nkem Khumbah, Chairman of ESG GPS Independent Ratification Committee for Kenya and Lecturer of Applied Mathematics at the University of Michigan, Matthew Bernath, Head of Data Analytics at Rand Merchant Bank, Afsar Ebrahim, CEO of Kick Advisory Services, Dr Melani Prinsloo, Director of Infusion Knowledge Hub, Henley Business School, Jayne Mammatt, Partner at PwC South Africa’s Sustainability and Climate Change, Simon Wafubwa, Founder & CEO of Enwealth Financial Services Limited, Karen Basiye, Head of Sustainable Business and Social Impact at Safaricom PLC and Suzanne Ehlers, CEO of Malala Fund.
To re-watch these amazing ESG GPS launches, click the pictures above.
Earth is Our Planet! More One Planet Launches in 2021:
Risk Insights continued to pioneer ESG events in South Africa for Board members and executives with its famous One Planet events. Addressing two key markets, the Financial Sector, and the Board & C-Suite members. Risk Insights was able to drive the ESG narrative to invited guests and are pleased with the input from all parties.
A special thanks to our guests speakers across the Globe: Jim Riordan, Executive Committee member from the World Economic Forum, Marc Lubner, CEO of Afrika Tikkun, Dr Filipe Morais, Professor of Governance from the Henley Business School, Olivier Schwab, Managing Director of the World Economic Forum, Jayne Mammatt, Partner at PwC South Africa’s Sustainability and Climate Change, Deanne Chatterton, CEO & Managing Partner at Instinctif Partners Africa, Suzanne Ehlers, CEO of Malala Fund
We will continue to push the ESG framework alongside sustainability experts in 2022. We believe that One Planet events are building a better understanding of ESG in an African context and are pleased to learn more companies sharing such understanding with their latest initiatives. We are very pleased to see big followers` community on such events in South Africa and across continent and will continue to collaborate with Global leading speakers and hold more One Planet in 2022.
Risk Insights continues to support the ESG drive in a multitude of events:
Risk Insights participated virtually in several conferences in 2021 as a sustainability & ESG player for Africa. To name a few; the SingularityU South African Summit 2021, the 2nd Annual Africa Pensions & Retirement Summit 2021 by Africa Insights, Enwealth’s 3rd Global Investment Opportunities Conference in Kenya. Imparting knowledge on ESG in South Africa, across the African continent and within international conferences has been an essential component towards driving the sustainability narrative. Risk Insights ensures that participation will only increase and will be even more engaging in 2022!
Window on the Week Highlights:
Risk Insights continues to support ESG drive with our Window on the Week segments to discuss the ESG framework in a multitude of business areas, industry sectors and globally. By adapting to the digital space and interacting with industry players helps to spread the message of sustainability as well as gaining the insights from qualified professionals.
We were pleased to receive great feedback, which allows us to ensure that our short informative sessions are focused on what is important for you. We thank you for the continued support on our Window on the Week segments and look forward to producing even more exciting chapters in 2022.
Catch up on our 2021 catalogue by watching some of our most successful videos above!
Rebuilding South Africa through giving back:
Risk Insights walks the talk, especially when it comes at a time of crisis like we all have experienced in South Africa during lockdowns, and the disruption in supply chains of basics in some parts of the country in the past year. In collaboration with Afrika Tikkun, we gave back to communities by providing free, sustainably produced, soups by leading EU organic food producer, Auga food products, from the Kamdali portfolio. We feel fortunate enough to give back to communities who have experienced hardship during this period and will continue to walk the talk in 2022.
Risk Insights partners as supporters of the Malala Fund:
Risk Insights is proud to become a partner and support the Malala Fund in 2021. With more than 130 million girls out of school today, the Malala Fund are breaking down barriers that hold girls back. Malala Fund believes girls are the best investment in peace, prosperity, and our shared future, and we at Risk Insights are pleased to support their efforts in allowing more girls to receive an education. We also had the privilege of having the CEO of Malala Fund, Suzanne Ehlers, feature as a special guest and speaker in two of our events in 2021. Risk Insights will continue to strengthen our involvement with Malala Fund in 2022 and beyond.
For more information on the Malala Fund, click here.
About Risk Insights:
Risk Insights is a professional data analytics consultancy that delivers to its client’s sustainable solutions and products using the latest achievements of data science. Risk Insights provided sustainable solutions with numerous products and services, including but not limited to:
- Data analytics
- Advisory services
- ESG ratings for public companies
- Education
We believe in the impact that sustainability practices can have on the longevity and continuity of a business. Being on the front line 
of the development of cutting-edge technology has Risk Insights grown to become the first developer of an ESG rating tool for Africa. As such Risk Insights was awarded the Agile Governance Award by the World Economic Forum (WEF) in 2020 and the Honourable Mention for Excellence in Sustainability in 2021. Risk Insights also received the award for Professional Services from the Institute of Risk Management of South Africa in 2021.
ESG GPS
Risk Insights proprietary ESG GPS is a sustainability rating model developed by Risk Insights team that has been used to rate all large caps, mid-caps, and small caps on the Johannesburg Stock Exchange using AI and machine learning. Being the first Africa-focused AI driven ESG sustainability rating tool. Stay tuned for more information!
To find out more about Risk Insights’ ESG GPS, click here.
Contact Us:
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Risk Insights and ESG GPS would like to thank you for your continued support. We shall be in contact again next month. We look forward to talk to you!
Sincerely,
The Risk Insights ESG GPS Team
Hertford Office Park, Building J, 90 Bekker Road, Waterfall, South Africa, 1686, info@riskinsights.co.za