{"id":12991,"date":"2019-05-02T16:04:56","date_gmt":"2019-05-02T15:04:56","guid":{"rendered":"https:\/\/www.covalence.ch\/?p=12991"},"modified":"2019-05-02T16:04:56","modified_gmt":"2019-05-02T15:04:56","slug":"blue-peace-in-international-finance","status":"publish","type":"post","link":"https:\/\/www.covalence.ch\/index.php\/2019\/05\/02\/blue-peace-in-international-finance\/","title":{"rendered":"Blue Peace in International Finance"},"content":{"rendered":"<p><a href=\"https:\/\/www.strategicforesight.com\/publication_pdf\/Blue%20Peace%20in%20International%20Finance.pdf\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-12992 size-full\" src=\"https:\/\/www.covalence.ch\/wp-content\/uploads\/2019\/05\/Blue-Peace-in-International-Finance-2.png\" alt=\"\" width=\"200\" height=\"130\" \/><\/a>Peace-building has gone a step further with certain financial entities looking at how the financial sector can actively contribute. An example is the \u2018Peace Investment Fund\u2019 the scope of which 12 is defined by the Peace-building Business Index (PBBI) developed by The PeaceNexus Foundation and Covalence, an independent ESG rating agency in Geneva. Through the index, a set of 30 companies have been shortlisted for investors to invest in via the fund. The companies that have been shortlisted have actively contributed to the peace and stability of nations. Along with de Pury Pictet Turrettini, a fund management company in Geneva, the PeaceNexus Foundation launched the Peace Investment Fund in January 2018 to allow investors supporting peacebuilding. The Index was built using Peace-building Business Criteria (PBBC) which are intended to be applied to businesses that operate in fragile and conflictaffected states. The following criteria are considered: \u2022 Inclusive hiring and giving jobs to vulnerable groups \u2022 Promoting the local economy and heightened due diligence in fragile contexts \u2022 Conflict-sensitive community relations including creating space for dialogue \u2022 Promoting transparency and accountability in fragile contexts \u2022 Seeking new business models for underdeveloped markets and atrisk populations \u2022 Security provisions protecting key stakeholder groups \u2022 Conflict-sensitive environmental policy and practice Also notable is the fact that the PBBC go beyond the principles of \u2018do no harm\u2019 and \u2018compliance\u2019 which many other standards and indices focused on sustainability are built on. The PBBC adds in the layer of peace-building so that companies can contribute to stability, by collaborating with other stakeholders to improve state accountability and public services. <a href=\"https:\/\/www.strategicforesight.com\/publication_pdf\/Blue%20Peace%20in%20International%20Finance.pdf\" target=\"_blank\" rel=\"noopener\">More&#8230;<\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.strategicforesight.com\/publication_pdf\/Blue%20Peace%20in%20International%20Finance.pdf\" target=\"_blank\" rel=\"noopener\">Strategic Foresight Group<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peace-building has gone a step further with certain financial entities looking at how the financial sector can actively contribute. An example is the \u2018Peace Investment Fund\u2019 the scope of which 12 is defined by the Peace-building Business Index (PBBI) developed by The PeaceNexus Foundation and Covalence, an independent ESG rating agency in Geneva. Through the&hellip;<\/p>\n","protected":false},"author":665,"featured_media":12992,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"wds_primary_category":0,"wds_primary_post_series":0,"footnotes":""},"categories":[2],"tags":[],"post_series":[],"class_list":["post-12991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publications","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/12991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/users\/665"}],"replies":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/comments?post=12991"}],"version-history":[{"count":0,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/12991\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/media\/12992"}],"wp:attachment":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/media?parent=12991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/categories?post=12991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/tags?post=12991"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/post_series?post=12991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}