It has always been EFG Hermes’ policy to engage with peers, policymakers, community members and regulators to promote good governance, responsible investing and environmental and social stewardship. In 2019, the Firm continued to advocate for sustainability through a number of channels. These include the annual signature conference series, the One-on-One in Dubai and the London Conference in the UK, where EFG Hermes actively promotes strategic partnership and investment, building both on its experience and its commitment to sustainability. The conferences bring together fund managers, institutional investors, government representatives and companies in a setting that allows all partners to understand the other’s needs and capabilities and work together towards fulfilling development goals. These forums are particularly important in highlighting the opportunities and challenges of investing in FEMs.
EFG Hermes on the Global Stage
The Aswan Forum for Sustainable Peace and Development
In its capacity as the Chairman of the African Union and the Champion of Post-Conflict Reconstruction and Development in Africa, Egypt launched the Aswan Forum for Sustainable Peace and Development. The forum provides the first of its kind platform in Africa to address the interlinkages between peace and development, and champion Africa-led solutions, through strengthening the policies-practices linkages. Hanaa Helmy, CEO of the EFG Hermes Foundation and Head of CSR, was invited to moderate the session on “Harnessing Digital Financing and Financial Inclusion for Sustainable Development and Peace” and took the opportunity to highlight that while financial inclusion is not one of the 17 SDGs, it is a key enabler of at least half of them.
Having access to savings accounts, loans, insurance and other financial services helps reduce poverty and inequality, achieve economic empowerment, particularly for women, and facilitate access to health and other basic services.
The Middle East’s Top 100 Power Businesswomen
We are also very proud to announce that our Chairperson, Mona Zulficar, was selected as one of Forbes Magazine’s top 25 Power Businesswomen in the Middle East. One of the main criteria for selection are the initiatives and causes championed by the nominees. In addition to being one of Egypt’s most prominent corporate, banking and project finance attorneys, she is a staunch human rights activist and legislator and an unremitting champion of ESG issues and the drive to achieve the SDGs both at EFG Hermes and elsewhere. She is a staunch supporter of the work conducted by the EFG Hermes Foundation and is deeply committed to maximizing the social impact aspect of EFG Hermes activities.