As part of the GIIN’s mission to accelerate the scale and effectiveness of impact investing, we publish job openings from members of the GIIN Investors’ Council and other impact investing leaders.

ESG-I – Impact Director, Impact Group

at CDC Group in London, UK

About the Job

Team and role overview

The Environment Social and Governance – Impact (ESG-I) Director oversees the work of CDCs ESG team comprising c 24 individuals based in London and in CDC markets. The team is responsible for delivering CDCs Code of Responsible Investing and is closely involved with all aspects of deal diligencing, approval and portfolio management. The Director works closely with other Directors in the Impact group to present and deliver CDCs broader impact ambitions and also interacts with CDCs managing directors and investment and country directors. The role also requires substantial engagement with shareholder, Board, DFI/ IFI peers and other external stakeholders.

ESG-I sits within the wider Impact Group (IG) consisting additionally of Development Impact (DI), CDC plus and Climate Change and Gender and Diversity.

Purpose

The role of the ESG-I Director is to lead and enable the ESG team (and CDC more broadly) to articulate and deliver ESG impact across CDC’s portfolio, and to support broader awareness and uptake of better ESG practices and performance in the private sector in emerging markets. This is a varied and significant role in CDC and includes:

  • Managing and enabling the ESG-I team (including team structure, budget, deployment, professional and technical growth).
  • Providing leadership within the Impact Group (IG) more broadly as a senior Director, formally and informally at CDC.
  • Working across CDC to ensure the role, operations and impact of the ESG-I team and CDC’s Code of Responsible Investing is understood and working effectively.
  • Providing reports to the Board and Shareholder on ESG matters and engaging informally to provide ESG advice and guidance.
  • Representing CDC’s ESG interests and ambitions across the DFI/IFI community including harmonisation and integration of common approaches and providing leadership on ESG topics of particular relevance to the people and environment in our markets.
  • Representing CDC in external meetings and fora.

Responsibilities

Managing and enabling the ESG-I team

  • Responsible for the overall strategy, growth, impact and efficiency of the ESG-I team. Direct line management of 4-6 individuals and overall responsibility of team structure, operations, professional growth and operations. Budget and resource planning and ensuring the team provides the right skills and input across CDC sector and product verticals
  • Ensuring ESG-I Processes and practices represent good practice in our markets (including Standard Operating Procedures, Code Responsible Investing and any updates and other policy and process evolution to reflect changes in market and DFI approaches to ESG practices in emerging markets)
  • Managing overall communications and strategy for development of ESG good practice guidance and other collateral

Interacting with Impact Group (IG)

  • Key member of IG senior management interacting with other IG directors to ensure a coherent and fully integrated IG service offer for CDC. Communicating ESGs role, needs and impact clearly and effectively across IG and more broadly in CDC
  • Ensuring a seamless, efficient and effective articulation and delivery of IG service offer and representing ESG needs and requirements in the delivery of that offer
  • Ensuring that climate, gender and diversity and broader impact are reflected in ESG-I work appropriately and coherently with regard to other IG teams
  • Proactive engagement with CDC Plus to optimise use of technical assistance (TA) in ESG and climate change investments and more broadly in market shaping efforts across CDC markets

Working across CDC and with its Board, Investment Committees and Shareholder

  • Ensuring that CDC and immediate stakeholders have a clear understanding of ESG-Is role and impact. Overseeing the preparation of ESG-I input to Board papers (DevCo, Safeguarding, serious incidents etc), as well as representing ESG-I in Quarterly Shareholder Meetings and other interactions with the Shareholder as needed
  • Close and proactive communication and engagement with CDC senior management team and impact/country Directors to ensure the effective and impactful delivery of ESG support to CDC portfolio

Representing CDCs ESG interests and ambitions across the DFI/ IFI community

  • Key interlocutor with DFI/ IFI peers and leveraging those relationships to ensure that CDC’s position is understood, and that the organisation continues to lead and influence key conversations in the EDFI community in particular
  • Leading the engagement on harmonisation and integration of common approaches as needed

Representing CDC in external meetings and fora

  • Representing and overseeing broader ESG-I engagement with external partners and interest groups (PRI, EMPEA and others) to leverage CDC brand and influence
  • Enabling strong clear and proactive presence of ESG-I team in external meetings and events

The role will require international travel and is likely to be London based. CDC would consider reduced hours/flexible working proposals but notes that this is a highly demanding role.

Our cultural values

We look for team members who aspire, as we do, to work at our best and to be:

  • Impact-led, commercially rigorous
  • Tenacious in the face of challenges
  • Collaborative and caring

CDC is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.

Please provide a cover letter with your application

Salary: Competitive

Qualifications

Background, skills, aptitude

  • Strong technical skills (extensive and senior level experience from similar role in DFI/IFI, consulting or Private Equity)
  • Strong management and people management skills and evidence of leading and enabling high performing diverse teams in an inclusive manner
  • Strong leadership and collaboration skills – evidence of interacting with and influencing wide range of parties in cross functional roles
  • Resilience and capability to work in a complex and growing organisation and provide visible leadership in times of uncertainty
  • Proven record of delivering ESG change and impact via private sector (corporate or investment roles) in emerging markets
  • Relevant degree/MBA or equivalent
  • Strong communication and influencing skills
  • Technically strong on ESG
  • Good MS office skills, in particular power point presentations

To apply

CDC Group

Our mission

  • CDC is the UK’s development finance institution. Established in 1948 we invest in the most challenging markets of Africa and Asia with the aim of supporting economic development.
  • CDC has net assets of £6.4bn and a portfolio of £4.7 billion. In 2019 we committed over £1.66 billion of capital to business in Africa and Asia and are now invested in 1,200 businesses which directly employ over 875,000 workers and support many more.
  • CDC is a Public Limited Company and is wholly owned on behalf of the UK government by the Foreign, Commonwealth & Development Office (FCDO).
  • In the last few years, we have expanded our presence in Africa and Asia by opening new offices in Bangladesh, Egypt, Kenya, Myanmar, Nepal, Nigeria and Pakistan with additional locations opening soon.
  • At CDC, we take an entrepreneurial approach to investment. We think innovatively about ways to deploy our capital, attract and mobilise other investors, and drive transformational impact.
  • Primarily, CDC invests through direct equity, direct debt and funds products to achieve impact and a financial return which is reinvested into more businesses. We aim to create jobs and accelerate economic prosperity and focus on sectors that will do this; manufacturing, food and agriculture, infrastructure, financial institutions, construction, health and education.
  • CDC works with like-minded ambitious people who are primarily motivated by our mission to deliver impact. We are a growing team of over 485 and place immense value on diversity within our organisation.
  • Read more about us on our website cdcgroup.com