IFC Sustainability Exchange: Community Investment Tools to Drive Business Performance

The event brought together a global cross-section of companies and practitioners to share experiences and best practices in emerging markets. IFC launched two new business tools:

• Local Procurement Toolkit - provides guidelines on how companies can increase their local sourcing and develop effective local procurement policy.
• Financial Valuation Tool for Sustainability Investments - helps companies assess the return from community investments.

  PRESENTATIONS 

June 28: Local Royalty Management to Benefit Communities

• VIDEO OF DAY 1: Local Royalty Management (Part 1 of 2)
• VIDEO OF DAY 1: Local Royalty Management (Part 2 of 2)
• About the IFC Royalty Management Program
• Municipal Perspective by Former Mayor of Los Baños del Inca District in Peru (Spanish)
• Municipal Perspective by Former Mayor of Los Baños del Inca District in Peru (English Summary)
• Company Perspective 1: Ecopetrol 
• Company Perspective 2: Peru LNG
• Company Perspective 3: Rio Tinto
• Breakout Session 1: Managing Local Development Funds
• Breakout Session 2: Promoting Social Accountability

June 29: Managing Local Procurement for Impact

• VIDEO OF DAY 2: Local Procurement Policy
• Introduction to the Local Procurement Toolkit: A Guide to Getting Started/Quick Overview of Elements of Toolkit
• Local Procurement Business Drivers: Alcoa Perspective
• Local Procurement Business Drivers: World Bank Perspective
• Developing a Local Procurement Policy and "Defining Local": Newmont Ghana Perspective
• Developing a Local Procurement Policy: Anglo American Perspective
• Innovation with Local Suppliers: BHP Billiton Perspective on Development of a Mining Cluster at Minera Escondida, Chile

June 30: Measuring Return on Community Investments

• VIDEO OF DAY 3: Measuring Returns on Sustainability Investments
• About the FV Tool (www.fvtool.com)
• Company Experience 1: Newmont Gold
• Company Experience 2: Oyu Tolgoi 
• Company Experience 3: Statoil 

Breakout Sessions

• Update of IFC's Sustainability Framework
• Community Investment Quality Assessment Tool
• Measuring Reputational Risks & Branding (Brunswick Review Article #1)
• Measuring Reputational Risks & Branding (Brunswick Review Article #2)
• Quantifying Stakeholder Analysis to Strengthen Financial Modeling

  MATERIALS

• Event Summary
• Agenda
• Presenter Bios
• Participant List
• Directions
• List of Hotels in Washington D.C.    

 BACKGROUND READING   

• About the IFC Royalty Management Program
• A Guide to Getting Started in Local Procurement: For companies seeking the benefits of linkages with local SMEs
• Financial Valuation Tool for Sustainability Investments (www.FVTool.com)