Responsible Investment Scorecard

The Activity works with a broad range of international and domestic private sector firms and civil society actors to increase responsible trade and investment in Myanmar. The Activity's approach is guided by four objectives: increasing fair and responsible trade and investment, improving corporate governance and business transparency, promoting economic integration and investment, and empowering women to participate in the economy. The Activity identified several scorecards that can be used to promote responsible investment in Myanmar. Two corporate governance scorecards were identified: the IFC Myanmar Corporate Governance Scorecard and the Corporate Disclosure Scorecard. Three scorecards to promote gender equality in the workplace were also identified: the Economic Dividends for Gender Equality assessment, the Know Your Workplace Gender Equality assessment, and the Gender Equality Assessment, Results, and Strategies assessment. However, the Activity did not identify any finance and controls scorecards, but received suggestions for the development of a finance and controls checklist. Based on feedback and suggestions during the interviews, the Activity recommends promoting the IFC Myanmar Corporate Governance Scorecard in partnership with the Myanmar Institute of Directors, developing a finance and controls checklist in partnership with a bank, and promoting the Know Your Workplace Gender Equality scorecard in partnership with the Myanmar Business Coalition for Gender Equality. The Activity contributes to USAID/Burma's Development Objective 2 "Inclusive economic growth strengthened" and Intermediate Result 2.2 "Responsible and transparent private sector expanded." The Activity also contributes to USAID's Private Sector Engagement Strategy, Indo-Pacific Strategy, and the Integrated Country Strategy. The Activity's approach to strengthening the private sector is guided by four objectives, which are achieved through various activities, including identifying and supporting transactions that bring new investments into Myanmar, increasing gender-lens investing, de-risking investments in firms located in non-urban areas, and building the capacity of businesses to improve corporate governance. The Activity uses grants and a flexible Investment and Technical Assistance Facility (ITAF) to collaborate and co-finance business advisory service providers, firms, and associations to take risks they otherwise could not, and to build capacity within the business ecosystem. The Activity also identifies actors committed to expanding business support services to new regions, and supports the development of more sustainable business models that reach non-urban areas of the country. Combined with strategic communications, collaboration, and learning, the Activity's models demonstrate pathways to success and catalyze growth. The Activity's approach to strengthening the private sector is guided by four objectives, which are achieved through various activities. The Activity's use of grants and a flexible ITAF allows it to collaborate and co-finance business advisory service providers, firms, and associations to take risks they otherwise could not, and to build capacity within the business ecosystem. The Activity's models demonstrate pathways to success and catalyze growth, and its approach is guided by a facilitative and ecosystem-strengthening approach that helps increase responsible trade and investment in Myanmar.