Martin Steindl is Managing Director of Valoris: Stewardship Catalysts, a firm that helps investors and portfolio companies improve their corporate governance, investor stewardship and sustainability performance.
From 2012 to 2021, Martin held various positions at FMO, The Dutch Development Bank. Most recently he managed a team of 13 ESG specialists with the overall goal to redefining existing best practices to streamline ESG risk management processes when investing in financial institutions and private equity funds.
In addition, Martin devised ESG and green finance-related solutions, launched a climate governance program and advised on internal projects regarding EU taxonomy and integrated reporting. With regards to the climate governance program, Martin devised a three-pronged, trickle-down strategy to familiarize FMO’s FI clientele with climate risk issues in their respective portfolios. First and most crucial step was to raise awareness with the boards of FI clients, which involved a 2-hour workshop on climate risk and the board’s role in addressing those and other E&S related risks. Key outcome of this awareness session was to find the right anchor for climate risk at board level and adequately adjust the board’s committee structure, as well as ensure for sufficient expertise at board level and additional training. Second step was the development of a more detailed, one-day training for risk managers in those banks that comprised several topical issues in line with the Sustainability and Climate Risk certificate of the Global Association of Risk professionals. Final step was then to help FI clients in taking steps to analyze their portfolio, for which a consultant specialized on climate risk was subcontracted. In addition to this program, Martin also supported an FI client in Africa on reporting pursuant to the TCFD framework and was involved with FMO’s own effort to report in this regard.
Prior to his managerial role in FMO, Martin advised board members of investee companies in defining corporate governance structures for challenging new market-settings in the LAC, Asia, and Africa, and introduced innovative governance tools and best business practices to help family businesses manage topics such as succession planning.
From 2005 to 2021, Martin worked for IFC as a Corporate Governance Specialist being based in Cairo and Mumbai, overseeing investments and corporate governance risks in the South Asian and Middle Eastern markets while devising strategies to improve corporate governance across 19 countries in the Middle East and South Asia. He supported policy reform with the senior government officials on 20 corporate governance codes and capital market laws in 14 different countries.