Resilience was a word that cropped up again and again at the 2021 Oikocredit (OI) AGM and Members’ Meeting. While the OI Capacity Building team credited partners for their resilience in adapting to this year’s pandemic by increasing risk management training, the finance team credited clients with increasing digitization and improving communication. Another facet of resilience also got air time when the US and Canada Support Associations hosted a discussion on diversity equity and inclusion (DEI).
Sara Shoff, Chief Operating Officer of Oikocredit US (OUS), spoke to us about the DEI discussion and how DEI will be central to building resilience for Oikocredit in North America.
New Board members bring expertise in international development, impact investment, partnerships, governance, risk management, marketing and international business diplomacy
On a virtual study tour of Caravela Coffee, the company which sources coffee from Latin American small-holder farmers and in which OI has a $4.7m equity stake, participants were reminded that the coffee we drink can help improve the lives of people and our planet.
If a transition to a net-zero carbon economy was not top of mind for Canadian investors before the February power outage in Texas, it appears to be now. Speakers at the Responsible Investment Association’s (RIA) February 25 ESG Symposium repeated a common theme: all investors and all portfolio companies have to get started leveraging investment dollars to reduce Canada’s carbon footprint; the cost of inaction is too high.
Oikocredit Canada Board members Julie Scott and Ellen Pekilis discuss why the message of this Symposium matters to impact investors
Julie Scott has worked for 20 years in environmental, social and governance (ESG) research and policy. Her work has focused on incorporating ESG data in investment decision-making, including engaging with stakeholders on ESG risks. Julie has worked in Europe as an environmental policy consultant and in the Far East as a forest products analyst. Julie has a long-standing interest in governance and has obtained the Institute of Corporate Directors ICD.D designation. Julie currently serves as a director on the boards of social enterprises, including Career Edge and the Centre for Immigrant and Community Services. Other passions include hiking on and preserving the Niagara Escarpment through re-forestation programs and supporting newcomers to Canada and refugee sponsorship programs.
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