Joint Impact Model Foundation

Another great "wrapped" post for your feed, from one of our partners Climate TRACE. Take a look at these numbers... Do any of these stats surprise you? #Wrapped2024 #Emissions #JointImpactModel

❄️ Around the winter holidays, many of our team members travel home. Today we want to highlight a benefit of a global team working remotely: global in-person engagement. One of our data analysts Kuan Ying Lee traveled home this week and was invited by Professor Lin, who also works at the Risk Society and Policy Research Center, to present the JIM to a cohort of master's students studying sustainable finance at National Taiwan University. We will look forward to introducing the JIM to the Center in the future! Great job Kuan Ying Lee and thank you for sharing the JIM with your network in Taiwan. Did you know the JIM can be used to support your academic research? Schedule an intro call to discuss your work with us here: https://lnkd.in/gDnSP6_x #JointImpactModel #NationalTaiwanUniversity

🎁Your 2024 JIM wrapped is here!🎁   In true JIM fashion, let us take a look at some of our favorite ~data points~ this year.   The number of members in the JIM Foundation grew...and grew. We added 48 new members this year. Not only did we grow, but we kept you happy. We are proud to announce that 100% of our members chose to resign their JIM membership for next year.   Let us journey behind the scenes. You guys used the JIM, a lot. You all spent nearly 11,000 minutes running the JIM this year. You ran and ran, the JIM, for a total of 6191 runs.   We don't like to compare our members, but we do like to celebrate our stars. Our member who clicked "upload file" the most (and did not receive an error message) was none other than DEG with 950 successful JIM runs. (Maybe a marathon should be on your New Year's resolution list with all of that running!)   Let's take a look at usage across the year. Upcoming summer holidays *may* have boosted May to the top of the board - with 700 runs of the JIM. Even during the short winter days, you found time to spend with the JIM! January came in a close second with 645 runs of the JIM.   We also managed to keep you engaged with some special events and programs. We completed the JEP, we hosted Golomt Bank for an in person signing ceremony. Our team traveled far and wide to bring you the latest JIM news.   We launched a new partnership this summer - providing you with a state-of-the-art climate risk assessment tool together with Climate Risk Services.   And in the latter half of the year, we began two more projects. One in Latin America with Grupo Promerica and the other a joint initiative with the Bank of Bangladesh in Bangladesh.   So, here's to another year of helping your keep your impacts measured and reported. Thank you for making what we do possible!   If you want to be a part of these numbers next year, sign up for your free demo here: https://lnkd.in/gDnSP6_x

Going to United Nations Environment Programme Finance Initiative (UNEP FI) Roundtable in Geneva 🇨🇭 this week? Connect with our head of engagement Laia Neira Quintanilla below!

Estamos entusiasmados a ver que uno de nuestros ex participantes de la JEP y ahora, uno de nuestros miembros, Banco Pichincha ha sido reconocido como una de las empresas mejores para el crecimiento sostenible.   Felicidades por vuestra contribución en el ámbito de finanzas sostenibles. Somos muy felices de ver que todo el trabajo realizado por el equipo de Banco Pichincha está recibiendo el crédito que se merece. We are thrilled to see that one of our former JIM Engagement Program (JEP) participants and current members, Banco Pichincha has been recognized as one of the world's top 100 companies for sustainable growth.   Congratulations on all your contributions towards the sustainable financial sector. We are happy to see all your team's work coming to fruition. 🌏 🌎 🌍 Wilson Ortiz  

📣 Special Announcement from the JIM We are delighted to announce the successful conclusion of Phase one of the JIM Engagement Program (JEP), a major step forward in our mission to empower financial institutions with the tools and knowledge to drive sustainable finance. Over the past 1.5 years, we have partnered with banks and financial institutions across Latin America, Africa, Asia, and Europe, focusing on two core goals: building internal capacity for impact assessment, and delivering the greenhouse gas (GHG) footprint of their financed emissions. 🌏 🌎 Through this program, we have trained over 50 professionals, equipping them with the tools and knowledge to measure and report on their environmental and social impact. This training has not only enhanced their understanding of impact assessment but also enabled them to embed these practices within their operations, ensuring sustainability becomes a core part of their strategy. Several institutions, such as Banco Pichincha, have already issued their first impact reports using the JIM tool, showcasing the real-world application and value of this work. 🔨 This dual focus—capacity building and actionable insights—has already begun yielding results. Several participants have integrated these practices into their operations, and institutions like Banco Pichincha have even issued their first impact reports with JIM data. These achievements underscore the real-world value of this program and the potential for financial institutions to lead the charge in aligning finance with global climate goals. As we move into Phase 2, we’re raising the bar with higher-level engagements, including: - Comprehensive analysis of the GHG footprint for all members of PRODUBANCO - Grupo Promerica supported by DEG - Launching an exciting new program in Bangladesh in collaboration with Bangladesh Bank and the FCDO IMPACT Programme to develop the capacity of banks and NBFIs in carbon accounting. Thanks to everyone who has been in this amazing journey with us and stay tuned for further developments. If you were a part of this program, please feel free to comment a highlight of the program for you and your team! Bank of Georgia Eastern Bank PLC. Tanvir Hasan Ecobank Transnational Incorporated First Rand Bank Khan Bank Grupo Mega NMB Bank Ltd. VPBank

📝 From the JIM desk: The not-so-new hot topic for risk managers: Climate Risk   As talks are under way in #COP29 to mobilize the trillions required to build climate resilience against increasing natural disasters and transition to a low-carbon future, financial institutions should assess climate risks for:   1. Risk mitigation Climate-related events and disasters can lead to massive losses for businesses and individuals. For financial institutions this means a heightened risk of credit defaults and asset devaluation. 2. Compliance requirements Many governments and regulatory bodies are now mandating climate risk disclosure and mitigation to protect the financial system from climate shocks. Institutions that do not comply with these initiatives face legal and financial penalties and environmental consequences. 3. Strategic opportunities Building resilience to a changing climate and financing new low-carbon technologies and industries presents a massive business opportunity. Adaptation and transition financing present some of the greatest investment and market growth opportunities today.   Financial institutions are mandated to invest responsibly. Effective climate risk management and adaptation enable financial institutions to support climate resilience in emerging economies. At the JIM, we think this is an initiative that should be on the desks of all finance/risk executives.   Are you searching for tools to streamline your climate risk assessment? The JIM and Climate Risk Services have partnered to provide a platform to calculate financed emissions, impacts, and climate risk. Start with a demo here: https://lnkd.in/eZTf22W5 #ClimateRiskServices #JointImpactModel Pekka Piirainen Laia Neira Quintanilla

We're #hiring a new Data analyst - Internship in The Hague, South Holland. Apply today or share this post with your network.

We're #hiring our next data analyst intern superstar! If you are interested or know anyone who may be interested please check out the position below 🙌

📣 📣 Today is the day of our COP29 webinar! It is not too late to register! What: Unlocking emissions and impact reporting in emerging markets: A Practical Guide with the JIM Foundation Where: https://lnkd.in/eFuwU5h2 When: Thu, Nov 14, 2024 2:00 PM - 3:00 PM (UTC+01:00) Brussels, Copenhagen, Madrid, Paris For who? Anyone new to the impact measurement space who wants to learn more about the JIM! #COP29 #ImpactMeasurement #JointImpactModel