My New Responsibilities: Switching Sectors and Mindsets

As I embark on my first project within the realm of consulting and sustainable investing, I am taken aback

By
Veronika
February 24, 2023

As I embark on my first project within the realm of consulting and sustainable investing, I am taken aback by the high degree of thoroughness, meticulousness, and scrutiny in this field. These are groups of like-minded people who take risks to tie capital and assets to make ethical decisions that benefit the planet. I have heard many buzzwords through courses and conferences, and everyone is eager to leave their mark in this booming field. There is a lot of potential to achieve climate and development growth goals when industries and organizations can wield investment funds and green finance tools properly. I am humbled and recognize my biases and lack of knowledge about the financial sector, the plethora of products and services available, and how challenging it is to master them to bring about social and environmental change. This course so far truly holds high standards for me and my fellow peers, as the action-based learning style expects a high degree of flexibility, professionalism, and curiosity from everyone. I would not expect anything less from a course at SIPA and from a method that provides us with the toolkit to generate social impact in underserved communities, biodiversity, and climate change.

Though our team has only just completed our first client meeting, I can already see how my systems-thinking mindset will be challenged, and I will need to stay flexible as I keep up with the influx of new information from research, with the goals of my team, and the aspirations of our client. This is part of the reason why I chose the organization/project. I felt that I could bring the most to the table not only in terms of my skills but my deep commitment to challenging myself in the field of reforestation value chains and climate resilience. As we got to know our client in our first meeting, I felt overwhelmed by the scope of the project on these topics in the U.S. However, I think back to the first lesson in the course, which was that the greatest value I can give to the client is enhancing their learning and being a catalyst for discovery and open dialogue. I recognize my lack of experience in this subject matter, but I am unfazed by the prospect of learning on the go as this will test my best practices in research and synthesizing data. I am also excited to rely on the expertise of my fellow team members. I have no experience acting in a consultant role, so building trust with my team and client is my priority. Becoming familiar with what are the "wants" of our client required us to sit as a team to understand the landscape and history of the topic within the U.S. context. I have learned so far that these meetings with the client, as well as separate team sessions, will be extremely valuable in leading us to the information we need to comprehend the issue at hand and, ultimately, to find a solution that benefits all stakeholders. I know that what will drive me forward throughout the semester on this project will be the opportunity to contribute to other projects and share my knowledge and expertise, but also allow myself the chance to open up and take in the insights of my incredibly talented peers in this course.

My first client meeting taught me a valuable lesson; my passion for challenging myself in this topic would only be one part of this project, as I will need to support developing a clear operational plan with my team to generate social impact with our client. Upon reflection, after my first deep dive into case studies, news articles, and papers on the subject, this field speaks deeply to me because I can see that practitioners are experimental and meticulous in the search for that nexus between innovative finance, sustainable transitions, and climate resilience. This is a project that is not exclusive to only the skills of the executives or investors. The goals and impact of sustainable investing and impact investing encourage diverse viewpoints at all levels to reach ethical and mutually beneficial decisions for the environment.