The third webinar in this series will focus on how corporate data collection metrics, inclusions and exclusions, affect the weighting of governance and social indicators used by investors in determining the market value of a company. The webinar will also review how legal change is affecting the ability of companies to engage with investors and create common ground in the understanding and use of social and governance data.
Questions for discussion may include:
How are companies “S” and “G” data determined by investors when specific metrics are not available, comparable or consistent? What role can investors play in ensuring transparency through their engagement strategies?
What are the challenges companies face generally and particularly in responding to new legislation requiring them to update their data identification and collection processes?
How can companies improve the communication of their corporate governance structures, policies, and business practices to investor audiences?
ESG applicable metrics for a number of areas e.g., for supply chain management, diversity and inclusion, ethical sourcing, plastics, and human capital, are still being developed. In the absence of comparable and clear metrics, how can companies be appropriately assessed by investors?
How effective do investors and companies feel the New Corporate Governance Code and the New Stewardship Code has been in helping to improve engagement on “S” and “G” data?
Speakers:
Gema Esteban Garrido, ESG Reporting and Investor Manager, Telefonica
Victor Riega, Senior Sustainability Engagement Manager
Youri Lie, Senior Manager Climate Change and Sustainability Services, EY
Kimon Demetriades, ESG Analyst, Allianz Global Investors
Moderator: Helen Wood-Gush, Senior ESG Consultant, Responsible Investor
RIワールドアップデート・ウェビナーは、主要国際会議などで討議されたキーポイントをデスクトップに直接お届けするセミナー形式のオンラインコンテンツです。コンテンツは全て日本語でお送りし、世界の責任投資、ESG、サステナブルファイナンスとサステナブル資本市場の展開について、知識を深めるお手伝いをします。
1月21日火曜日 日本時間18:00 (30分)
2019年は気候変動への危機感の高まりを示す、大規模な市民アクションが盛り上がった一方、年末のCOP25では足並みの揃わない国際情勢も印象づけられました。OECD事務次長河野正道氏をお迎えし、Responsible Investor への寄稿記事を元に、環境・サステナブルファイナンスの政策環境のこれまでと2020年に予見される発展についてお伺いします。
スピーカー：
OECD 事務次長 河野正道氏
RIワールドアップデート・ウェビナー
環境・サステナブルファイナンスの新たなパラダイムシフト？
ー2019年10月OECD Forum on Green Finance and Investment から見えたもの
12月19日木曜日 日本時間17:00 (30分)
Responsible Investor 共同創業者ヒュー・ウィーランは、自身がアニメーターを務めた10月のOECD Forum on Green Finance and Investmentを受けて、「規制と経済を混ぜ合わすグリーンファイナンスのミキサーがついに回り出した」と表現しました。フォーラムの主要なポイントを元に、2019年のサステナブルファイナンスをめぐる政策・規制環境の変化を振り返り、日本市場にとっての意義を検討します。
スピーカー：
金融庁 チーフ・サステナブル・ファイナンス・オフィサー 池田賢志氏
野村総合研究所 上級研究員 三井千絵氏
協力：OECD、グリーンファイナンス・ネットワーク・ジャパン
RIワールドアップデート・ウェビナーは、主要国際会議で討議されたキーポイントをデスクトップに直接お届けするオンラインセミナーです。コンテンツは全て日本語でお送りし、世界の責任投資、ESG、サステナブルファイナンスの展開について、知識を深めるお手伝いをします。
Join us to learn why regulation and public naming-and-shaming means investors need to scrub up their sustainability strategies
Gina Miller, the businesswoman and campaigner talks with Hugh Wheelan, co-founder and managing director at RI.
...
Background
While growing at an exponential rate, the green finance market is still in its infancy and is awash in mislabelled “sustainable” investment products. What is considered “green” varies from investor to investor and from bank to bank and across regions, both in terms of business clientele and financial offerings from the sector. As regulators across Europe, the UK and in North America increase pressure on investment managers to increase the transparency of financial product labelling.
As countries get serious about net-zero emissions targets in line with the recommendations of the Intergovernmental Panel on Climate Change, pressure is growing for policymakers to mandate unified definitions of “green” finance and introduce compulsory disclosures.
In a recent Morgan Stanley survey of institutional investors, 70% said they are integrating sustainable investing into their investment process, signalling just how quickly the environmental, social and governance (ESG) imperative is catching on. Despite this, the ESG narrative is dominated by asset managers and NGOs. Asset owners - pension funds, endowments, foundations and other large institutional investors - are generally kept in the dark as to what “sustainable” and “green” actually mean in the context of their investment funds.
This webinar will ask tough questions about what a new wave of transparency in fund labelling and fee disclosure could mean for global investors who are committed to going green.
Speaker
Gina Miller, Founder, SCM Direct
Moderator
Hugh Wheelan, Managing Director, Responsible Investor
*本ウェビナーは延期となりました。OECDのCOP25を受けての見解を含めた内容で、2020年1月に改めてお送りする予定です。ご了承ください。RIワールドアップデート・ウェビナー
環境・サステナブルファイナンスの新たなパラダイムシフト？
ー2019年10月OECD Forum on Green Finance and Investment から見えたものパート１：サステナブルファイナンスの最前線から
OECD事務次長河野正道氏は、Responsible Investor に寄稿した論説記事で、環境・サステナブルファイナンスにおける「新たなパラダイムシフト」が見られるという考えを表明しました。Responsible Investor 日本語ウェビナーにて、河野氏自らが語ります。スピーカー：OECD 事務次長 河野正道氏
協力：OECD、グリーンファイナンス・ネットワーク・ジャパンRIワールドアップデート・ウェビナーは、主要国際会議で討議されたキーポイントをデスクトップに直接お届けするオンラインセミナーです。コンテンツは全て日本語でお送りし、世界の責任投資、ESG、サステナブルファイナンスの展開について、知識を深めるお手伝いをします。
Responsible Investor's 4-part webinar series "ESG data: mind the gap" brings together the different perspectives of corporates, investors and actors on differing views and challenges, exploring the existing gaps, solutions and offering best practice examples.
This second webinar of the four-part series will focus on defining alternative ESG data from a corporate perspective, the potential impact on company valuations of such data, and how this data may be used by investors to identify risks and opportunities.
Speakers:
Truvalue Labs - Thomas Kuh, Head of Index
Brunel Pensions - Helen Price, Assistant Investment Officer, Brunel Pension Partnership Ltd
Moderator: Helen Wood-Gush, Senior ESG Consultant, Responsible Investor
Questions for discussion may include:
What is alternative data, where does it come from, and how is used in ESG ratings and indices?
Has the big data revolution allowed investors to become less reliant on voluntary corporate disclosures?
What challenges does the use of big data by investors pose to corporate disclosure requirements and practices?
What is the process for identifying the relevant signals to achieve better investment objectives?
How can companies participate in the alternative/big data conversation with investors?
How can the data that companies generate add value to the pool of “alternative/big data” used in market valuation?
What additional types of data should companies be seeking to generate?
What types of technological solutions, processes and platforms can corporations and investors use to help ensure financially material qualitative S and G data is appropriately considered in relation to the market valuation of companies?
Following the huge demand to attend the in-person taster session for the Certificate in Sustainable Investing and Finance (CSIF) in London on November 27th ( https://www.responsible-investor.com/events/events_page/csif_pre_course_with_andreas_hoepner_london/ )we are broadcasting a shorter version via a webinar on Tuesday 10th December.
The CSIF program aims to introduce sustainable investment professionals and intermediaries from the responsible investment space into modern finance and investment practice. It provides sustainable investment proponents with deeply needed technical and conceptual knowledge of financial markets, and modern methods of financial decision-making such as financial data science.
The webinar will include:
1 Why Climate Transition Investing (CTI)?
1a) The fine but crucial differences between the ‘Net Zero’ and the ’2 degree’ target
1b) CTI & the IPCC trajectory: ‘Developed by scientists’ not just ‘science-based’1c) Imperatives for the Global GHG Diet: Discipline & Measurement
What is Climate Transition Investing (CTI)?
2a) The Planet Parameter: -7% on average per annum
2b) Baselines for both versions of Climate Transition Investing
2c) Greenwashing Preventions
How can anyone advance in Climate Transition Investing (CTI)?
3a) Climate Transition Investing across Asset Classes
3b) Estimating Absolute GHG emissions
3c) Scaling GHG Intensity measures without sectoral bias (i.e. GHG/revenue is biased in favour of Coal and Integrated O&G)
As the FT noted in a recent editorial: “The depressing reality about climate change is that we could solve the problem, at manageable cost, but are failing to do so. This failure is due to a mixture of blindness and self-deception.” Could the Green New Deal be a wake up call for North American investors? Join us for a debate on how North American investors are assessing and responding to the ambitious scale of the GND and the global energy transition.
The Green New Deal is full of implications for investors - the plan would require massive investments and the leveraging of new funding for communities affected by climate change; the repairing and upgrading of crumbling infrastructure to withstand extreme weather and ensuring all legislation related to infrastructure address climate change; and a shift in capital away from fossil fuels into renewable power sources; investment in new manufacturing and industrial capacity to spur growth; and the build out of distributed power grids to provide affordable electricity across the continent.
This webinar will consider implications of the Green New Deal for North America’s largest investors, and the risks and opportunities of a strategic approach to climate finance at the continental scale.
Speakers:
Daniel A. Zarrilli, OneNYC Director and Chief Climate Policy Advisor, NYC Office of the Mayor
Lauren Faber O’Connor, Chief Sustainability Officer, Office of Los Angeles Mayor Eric Garcetti
Tanya Müller García, President, Commission for Environment and Energy, International Chamber of Commerce Mexico; former Secretary of Environment, Mexico City
Moderator: Paul Verney, Journalist, Responsible Investor
As pressure grows for the integration of ESG factors into company valuation and sustainable and impact investing continues to attract more funds, the call to investors and corporates to address ESG data quality, consistency and accuracy becomes louder. The gap in perspective of investors, corporates and industry practitioners to enable creation of a reliable pool data of ESG data is evident.
In this 4 part webinar series, find out about the different perspectives of corporates, investors and actors on addressing the ESG Data quality, consistency and accuracy gap. We will explore their differing views and challenges and discuss solutions and offer best practice examples.
ESG data, ratings and indices
The first in the webinar series will focus on how ESG data is defined, constructed, communicated, compared and practically used.
This webinar is presented in partnership with the Investor Relations Society. Newly appointed CEO, Laura Hayter, will give insight into some of the key findings and views from a recently conducted a survey ESG data and current practices. The Investor Relations Society has over 800 members representing European investor relations professionals.
Questions include:
What types of data do investors consider to be ESG data?
Why is it a challenge for companies to produce ESG data?
Is the incorporation of general ESG data from data providers sufficient to resolve long term information gaps ?
How are ESG ratings and indices constructed and differ?
How do rating and index providers attribute financial performance resulting from ESG practices not always tracked or reported on by companies and is it accounted for in ESG ratings and indices?
Speakers:
Laura Hayter, CEO, The Investor Relations Society
Rakesh Patel, Director, Investor Relations, InterContinental Hotels Group
Andy Howard, Head of Sustainable Research, Schroders
Sam Sue Ping, Head of Issuer Communications, MSCI
Moderator: Helen Wood-Gush, Senior ESG Consultant, Responsible Investor
This RI webinar will take a challenging look at changing approaches to investing in a low-carbon world. The discussion will clarify the debate over strategies that target the green economy or a low-carbon transition. Insurance giant AXA is now calling on companies to issue transition bonds as well as green ones and the EU taxonomy has been expanded to consider both green economic activity and those that enable the transition to net zero emissions.
Canada’s Expert Panel on Sustainable Finance recommended the development of transition-linked asset classes to help decarbonise the economy. Can ongoing investor and government support for large fossil fuel producers actually accelerate decarbonisation, or is it time for investors to wind-up the most emissions intensive companies?
All of these developments point to a broadening of the sustainable finance policy agenda to include fossil fuels and carbon-intensive industries. Is this sophisticated ‘greenwashing' on the part of investment professionals and policy advisors in countries who have large and influential fossil fuel sectors? Or is the incorporation of high-carbon companies into these strategies an authentic evolution in the way that investors and policymakers support the transition to net zero emissions?
Speakers from FTSE Russell, AXA Investment Managers, and Scotiabank will address the question: 'should investors be broadening their investment universes to include the ‘climate transition’ when creating low-carbon investment products?'
Speakers:
David Harris, Group Head, Sustainable Business, London Stock Exchange Group
& Head of Sustainable Investment, FTSE Russell
Yo Takatsuki, Head of ESG Research and Active Ownership, AXA IM
Peter Johnson, Chair, Canadian Standards Association (CSA) Task Group, Green and Transition Finance
Moderator:
Sophie Robinson-Tillett, Deputy Editor, Responsible Investor