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Distance Learning and Certification: Certified Member of the Board of Directors (CMBD)
Distance Learning and Certification: Certified Member of the Risk Committee of the Board of Directors (CMRBD)
Distance Learning and Certification: Certified Member of the Corporate Sustainability Committee of the Board (CMCSCBD)
 
Socially Responsible Investors (SRI)
 
The Principles for Responsible Investment are implemented in partnership with UNEP Finance Initiative and the UN Global Compact.
 
The UN Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and
anti-corruption.
 
By doing so, business, as a primary agent driving globalization, can help ensure that markets, commerce, technology and finance advance in ways that benefit economies and societies everywhere.
 
The United Nations Environment Programme Finance Initiative (UNEP FI) is a unique global partnership between the United Nations Environment Programme (UNEP) and the financial sector.

UNEP FI works closely with over 170 financial institutions who are signatories to the UNEP FI Statements, and a range of partner organizations to develop and promote linkages between the environment, sustainability and financial performance. Through regional activities, a comprehensive work programme, training programmes and research, UNEP FI carries out its mission to identify, promote, and realise the adoption of best environmental and sustainability practice at all levels of financial institution operations.
 
In early 2005 the United Nations Secretary-General invited a group of the world’s largest institutional investors to join a process to develop the Principles for Responsible Investment (PRI).
 
Individuals representing 20 institutional investors from 12 countries agreed to participate in the Investor Group.
 
The Group accepted ownership of the Principles, and had the freedom to develop them as they saw fit.

The Group was supported by a 70-person multi-stakeholder group of experts from the investment industry, intergovernmental and governmental organizations, civil society and academia.
 
The process, conducted between April 2005 and January 2006 involved a total of five days of face-to-face deliberations by the investors and four days by the experts, with hundreds of hours of follow-up activity.
 
The Principles for Responsible Investment emerged as a result of these meetings.

The process was coordinated by the United Nations Environment Programme Finance Initiative (UNEP FI) and the UN Global Compact. The PRI reflects the core values of the group of large investors whose investment horizon is generally long, and whose portfolios are often highly diversified.
 
However, the Principles are open to all institutional investors, investment managers and professional service partners to support.

Following the launch of the Principles, Phase 2 of the process will promote adoption of the Principles by additional investors, provide comprehensive resources to assist investors in implementing the Principles and actions, and facilitate collaboration among signatories.
 

 
The Principles for Responsible Investment

As institutional investors, we have a duty to act in the best long-term interests of our beneficiaries.
 
In this fiduciary role, we believe that environmental, social, and corporate governance (ESG) issues can affect the performance of investment portfolios (to varying degrees across companies, sectors, regions, asset classes and through time).
 
We also recognise that applying these Principles may better align investors with broader objectives of society. Therefore, where consistent with our fiduciary responsibilities, we commit to the following:

1. We will incorporate ESG issues into investment analysis and decision-making processes.


Possible actions:
  • Address ESG issues in investment policy statements
  • Support development of ESG-related tools, metrics, and analyses
  • Assess the capabilities of internal investment managers to incorporate ESG issues
  • Assess the capabilities of external investment managers to incorporate ESG issues
  • Ask investment service providers (such as financial analysts, consultants, brokers, research firms, or rating companies) to integrate ESG factors into evolving research and analysis
  • Encourage academic and other research on this theme
  • Advocate ESG training for investment professionals
2. We will be active owners and incorporate ESG issues into our ownership policies and practices.

Possible actions:
  • Develop and disclose an active ownership policy consistent with the Principles
  • Exercise voting rights or monitor compliance with voting policy (if outsourced)
  • Develop an engagement capability (either directly or through outsourcing)
  • Participate in the development of policy, regulation, and standard setting (such as promoting and protecting shareholder rights)
  • File shareholder resolutions consistent with long-term ESG considerations
  • Engage with companies on ESG issues
  • Participate in collaborative engagement initiatives
  • Ask investment managers to undertake and report on ESG-related engagement
3. We will seek appropriate disclosure on ESG issues by the entities in which we invest.

Possible actions:
  • Ask for standardised reporting on ESG issues (using tools such as the Global Reporting Initiative)
  • Ask for ESG issues to be integrated within annual financial reports
  • Ask for information from companies regarding adoption of/adherence to relevant norms, standards, codes of conduct or international initiatives (such as the UN Global Compact)
  • Support shareholder initiatives and resolutions promoting ESG disclosure
4. We will promote acceptance and implementation of the Principles within the investment industry.

Possible actions:
  • Include Principles-related requirements in requests for proposals (RFPs)
  • Align investment mandates, monitoring procedures, performance indicators and incentive structures accordingly (for example, ensure investment management processes reflect long-term time horizons when appropriate)
  • Communicate ESG expectations to investment service providers
  • Revisit relationships with service providers that fail to meet ESG expectations
  • Support the development of tools for benchmarking ESG integration
  • Support regulatory or policy developments that enable implementation of the Principles
5. We will work together to enhance our effectiveness in implementing the Principles.

Possible actions:
  • Support/participate in networks and information platforms to share tools, pool resources, and make use of investor reporting as a source of learning
  • Collectively address relevant emerging issues
  • Develop or support appropriate collaborative initiatives
6. We will each report on our activities and progress towards implementing the Principles.

Possible actions:
  • Disclose how ESG issues are integrated within investment practices
  • Disclose active ownership activities (voting, engagement, and/or policy dialogue)
  • Disclose what is required from service providers in relation to the Principles
  • Communicate with beneficiaries about ESG issues and the Principles
  • Report on progress and/or achievements relating to the Principles using a 'Comply or Explain' approach
  • Seek to determine the impact of the Principles
  • Make use of reporting to raise awareness among a broader group of stakeholders
     
The Principles for Responsible Investment were developed by an international group of institutional investors reflecting the increasing relevance of environmental, social and corporate governance issues to investment practices. The process was convened by the United Nations Secretary-General.

In signing the Principles, we as investors publicly commit to adopt and implement them, where consistent with our fiduciary responsibilities.
 
We also commit to evaluate the effectiveness and improve the content of the Principles over time.
 
We believe this will improve our ability to meet commitments to beneficiaries as well as better align our investment activities with the broader interests of society.
 

   

Certified Member of the Corporate Sustainability Committee of the Board of Directors (CMCSCBD) Distance Learning and Online Certification Program
 
The all-inclusive cost is $397
What is included in this price:

A. The official presentation we use in our instructor-led classes (266 slides)
 
Objectives:This course has been designed to provide with the knowledge and skills needed to perform your duties as a member of the Corporate Sustainability Committee of the Board of Directors. The course provides with the skills needed to pass the Certified Member of the Corporate Sustainability Committee of the Board of Directors (CMCSCBD) exam.
 
Target Audience: This course is intended for Potential, New and Sitting Members of the Corporate Sustainability Committee of the Board of Directors.
 
About the Course 
The Corporate Sustainability Committee
Areas of Responsibility
The Corporate Sustainability Committee Charter
Purpose, Objectives, Authority, Roles, Membership, Meetings, Review
Attracting Socially Responsible Investors (SRIs)
Environmental, Social and Corporate Governance (ESG)
Necessary knowledge for the members of the Corporate Sustainability Committee of the Board of Directors.
Sustainable development
Recommended Sustainability Objectives
The Brundtland Report – 1987
Socially Responsible Investing
Economic benefits of sustainable management - Dow Jones Sustainability Indexes, FTSE4Good Index
The Principles for Responsible InvestmentThe Division for Sustainable Development (DSD) - United Nations
Agenda 21
UN - Johannesburg Plan of Implementation
The UN Global Compact
UN - Rio Declaration on Environment and Development
Global Sullivan Principles
United Nations Environment Programme Finance Initiative (UNEP FI)
Association Of British Insurers – Guidelines On Responsible Investment Disclosure
Environmental Protection Agency – USA
Case Study
Closing
 
B. Up to 3 Online Exams
You have to pass one exam. If you fail, you must study the official presentations and try again, but you do not need to spend money. Up to 3 exams are included in the price.
 
To learn more about the exam you may visit:
www.members-of-the-board-association.com/Questions_About_The_Certification_And_The_Exams_1.pdf
 
www.members-of-the-board-association.com/IAMBD_Certification_Steps_1.pdf
 
C. Personalized Certificate printed in full color
Processing, printing, packing and posting to your office or home.
 
 
To learn more:
www.members-of-the-board-association.com/Distance_Learning_for_the_Sustainability_Committee_of_the_Board.htm
 


Join the International Association of Potential, New and Sitting Members of the Board of Directors (IAMBD).
www.members-of-the-board-association.com/HowToBecomeMember.html

Member Benefits
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Reading Room
www.members-of-the-board-association.com/Reading_Room.htm

Download Our Brochure about our designation: Certified Member of the Board of Directors (CMBD)
www.members-of-the-board-association.com/Certified_Member_of_the_Board_of_Directors.pdf

Download Our Brochure about our designation: Certified Member of the Risk Committee of the Board of Directors (CMRBD)
www.members-of-the-board-association.com/Certified_Member_of_the_Risk_Committee_of_the_Board_of_Directors.pdf

Certified Member of the Board of Directors (CMBD)
www.members-of-the-board-association.com/Distance_Learning_and_Certification.htm

Certified Member of the Risk Committee of the Board of Directors (CMRBD)
www.members-of-the-board-association.com/Distance_Learning_for_the_Risk_Committee_of_the_Board.htm

Certified Member of the Corporate Sustainability Committee of the Board of Directors (CMCSCBD)
www.members-of-the-board-association.com/Distance_Learning_for_the_Sustainability_Committee_of_the_Board.htm

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Become a Member and Receive the New Member Orientation Newsletters
Understand the Role, the Challenges and the Opportunities
With the new member orientation newsletters you will have the opportunity to learn what members registered before you have already learned. Understand better the role, the challenges and the opportunities of the member of the board of directors, especially in risk and compliance management.

 

 

Distance Learning and Online Certification Program for Potential, New and Sitting Members of the Board of Directors

www.members-of-the-board-association.com/Distance_Learning_and_Certification.htm

A.
Certified Member of the Board of Directors (CMBD)

B. Certified Member of the Risk Committee of the Board of Directors (CMRBD)


C
. Certified Member of the Corporate Sustainability Committee of the Board of Directors (CMCSCBD)

To learn more
www.members-of-the-board-association.com/Distance_Learning_and_Certification.htm