Senior ESG Manager/ Sustainability Director
Are you passionate about having a meaningful impact on businesses in developing countries through improving their sustainability impact and implementing best practice ESG requirements? Do you have business experience in developing countries and an interest in impact investing? Impact Fund Denmark is looking for a Sustainability Director/Senior Manager to join our Sustainability and Impact team, offering you a meaningful job, where you contribute to sustainable development in developing economies.
Impact Fund Denmark is a Danish impact investor and Denmark’s Development Finance Institution contributing to green, just and inclusive societies as well as supporting the Sustainable Development Goals. Impact Fund Denmark provides risk capital to companies operating in developing countries across Africa, Asia, Latin America and parts of Europe. Investments are made on commercial terms in the form of equity, loans and guarantees. Investments into public infrastructure in the form of concessional loans and grants are also made. Impact Fund Denmark has co-invested in over 1,300 companies in more than 100 developing countries and emerging markets. Capital under management will increase from DKK 18 billion in 2024 to DKK 45 billion in 2030.
About the job
The Sustainability Director/Senior Manager will focus on supporting Impact Fund Denmark’s Development Guarantee, Public Infrastructure and Venture Capital teams and actively participate in transactions.
Key responsibilities include:
- Develop policies, strategies and tools to support Impact Fund Denmark’s goal of being a best-in-class impact investor.
- Contribute to new investments from early screening throughout the investment cycle to ensure impact contribution.
- Manage environmental and social risks and take part in active ownership to ensure development and implementation of contractual E&S requirements, for example Environmental and Social Action Plans.
- Manage impact due diligence and environmental and social due diligence processes, including risk categorisation and managing consultants.
- Support investment teams in developing Theories of Change and Results Frameworks.
- Negotiate relevant ESG and impact sections of investment agreements.
- Follow up on Impact Results Frameworks and participate in project-specific ESG committees.
- Support portfolio companies with sustainability, impact and technical assistance.
- Build and maintain relationships with partners, particularly other development finance institutions, public utilities, government institutions and MDBs.
- Represent Impact Fund Denmark on ESG Committees in selected portfolio companies.
- Manage active ownership and ensure responsible exits from an impact perspective.
The position reports to the Head of ESG and works closely with regional and sector teams. The position is based in Østerbro, Copenhagen.
Your experience and qualifications
- Experience applying international environmental, climate-related and social standards relevant to investments in the development guarantee, public infrastructure and venture capital areas.
- Experience with Operating Principles for Impact Management and impact due diligence.
- A Master’s degree in natural or social sciences, engineering, economics, law or similar fields.
- Proven track record of conducting environmental and social due diligence in line with international standards, specifically the IFC Performance Standards and World Bank Environmental & Social Safeguards.
- Broad sector experience.
- Ability to work independently and act as a resource in complex ESG decision-making processes.
Personal profile:
- The ideal candidate is extrovert, communicative, result-oriented, a team player, and passionate about sustainability and impact.
About Impact Fund Denmark
Impact Fund Denmark (IFU – the Investment Fund for Developing Countries) is a Danish impact investor contributing to green, just and inclusive societies as well as supporting the Sustainable Development Goals. Impact Fund Denmark provides risk capital to companies operating in developing countries across Africa, Asia, Latin America and parts of Europe. Investments are made on commercial terms in the form of equity, loans and guarantees. Impact Fund Denmark has co-invested in over 1,300 companies in more than 100 developing countries and emerging markets. Contracted investments total EUR 31 billion, of which Impact Fund Denmark has contributed EUR 3.4 billion. Capital under management will be growing from EUR 2.1 billion to EUR 5.0 billion over the next few years. Read more at Impact Fund Denmark