09/19/2025
Anchoring ESG in Project Portfolios
Room 6
11:00 – 11:45 am
Learn how companies evaluate projects based on ESG criteria
Description:
How can sustainability be embedded in project governance? The Croatian insurance company Triglav Osiguranje offers a compelling example: new projects must demonstrate their contribution to clearly defined ESG goals, such as reducing paper consumption or transitioning the vehicle fleet.
These ESG criteria are set annually and integrated into the project evaluation process. Project ideas that fail to show a positive impact on these goals have little chance of being approved. Portfolio prioritization is guided by the extent to which a project supports corporate strategy, sustainability, and business success.
This case study illustrates how ESG can evolve from a buzzword into a practical decision-making standard, traceable, measurable, and actionable. It’s an approach that has not only transformed internal collaboration but also significantly improved the company’s ESG rating.
Key Takeaways:
Discover how ESG criteria can become binding standards for project governance and how to align your portfolio with sustainability goals. This case study offers actionable insights for refining evaluation processes, prioritizing strategically, and viewing ESG not as an obligation but as an opportunity.
All Participants will Receive the Academic Paper:
ESG Driven Project Portfolio Management: Insights from an Insurance Company Case Study.
Dr. Darija Ivandić Vidović (Croatia)
Dr. Darija Ivandić Vidović is the Vice President of IPMA Croatia and an IPMA® Level A – Certified Project Director with over 20 years of experience in project and process management. She has held senior leadership roles in the insurance and IT sectors, leading project portfolios, human resources (HR), and business process management (BPM). She currently serves as Director of HR, PMO and BPM at Triglav Insurance, a regional market leader.She holds a PhD in economics and lectures at universities and higher education institutions in Croatia and Slovenia, focusing on project and portfolio management. She is one of the co-authors of the book IPMA Kids and serves as a Global Mentor for the IPMA Kids Program, actively promoting project management education among children worldwide. She has received multiple awards for her professional and volunteer contributions, including the IPMA Award for Diversity in Project Management and recognitions for advancing IPMA’s certification and Agile standards.
Dr. Lana Lovrenčić Butković (Croatia)
Dr. Lana Lovrenčić Butković is an Associate Professor at the Faculty of Civil Engineering, University of Zagreb. She holds a PhD in economics and at the Department of Construction Management, she teaches courses in construction management, strategic management, and investment studies at the graduate, specialist and doctorate levels. She is a co-lead of the international specialist study „MBA in Construction at the University of Zagreb, where she holds the ESG standards for managing construction companies'“ and „Sustainable Project Management“ courses. She (co-) authored over 30 scientific papers, which have been published in academic journals or presented at international conferences on the topics of corporate social responsibility, sustainability and investment strategies. She is involved in scientific projects related to construction management, sustainability and circular economy and provides professional services in investment studies, CBA analysis, strategic management consulting and ESG strategy implementation. She is a member of the IPMA ESG Special Interest Group and one of the co-authors of the „IPMA Guide on Sustainable Project Management book“.
