UGBS-ED Launches the Environmental and Social Risk Management Initiative

UGBS-ED Launches the Environmental and Social Risk Management Initiative
Aug 07, 2020

The University of Ghana Business School Executive Development Unit (UGBS-ED), together with the International Finance Cooperation (IFC), on Wednesday, July 22nd, 2020, launched the UGBS-IFC Cooperation on Environmental and Social Risk Management (ESRM) in Ghana. Mrs. Damilola Sobo Smith, the ESRM Coordinator for Ghana, served as the moderated for the event.

In his welcome address, the Dean of UGBS, Professor Justice N. Bawole, mentioned that this was not the first collaboration between UGBS and IFC, as there was a training session on Corporate governance which resulted in the ‘Women on Boards’ project, spearheaded by colleagues in the School. He further indicated that these collaborations are essential, since they renew our knowledge base, make us relevant to our key stakeholders and shape policies and practice. He then ended his address by expressing gratitude to the committee responsible for the programme.


This was followed by a presentation by the members of the Sustainable Banking Committee. Explaining what Ghana’s sustainable banking policy entails, Mr. Francis Amoako, a representative of the Committee, gave a brief overview of what sustainability is and how it fits in the banking sector. He then took the group through the Ghana Sustainable Banking Principles. He ended by stating that businesses are judged based on their sustainability practices, making it a very important area in business operations.

Mrs. Sobo-Smith then took the participants through an overview of the UGBS and IFC Agreement, narrowing it down to the course and what it entails, as well as its relevance. This was then followed by a panel discussion on the theme “The Great Reset; Positioning Sustainability in the Private Sector in the Post-COVID Recovery.” The panel comprised of Dr. Albert Ahenkan, a Senior Lecturer at the Department of Public Administration and Health Services Management (PAHSM),  Professor Kenneth Amaeshi, Academic Consultant and Director of the Sustainable Business Initiative at the University of Edinburgh Business School, and Professor Franklin Ngwu,  an Associate Professor of Strategy, Corporate Governance and Risk Management, Lagos Business School. The programme ended with a vote of thanks from Dr. Abdul-Gafaru Abdulai, Senior Lecturer at PAHSM and the Coordinator for UGBS-ED.


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