Agenda

Agenda

Agenda: The Principles of ESG Investing, online course

This course will be delivered live remotely via an online platform

Agenda timing is in GMT
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Session one - 2pm GMT / 9am EST
Session two - 3.15pm GMT / 10.15am EST
End - 4.15pm GMT / 11.15am EST
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Day one: Monday, June 8, 2020

14:0015:00

An introduction to responsible investing

14:00 - 15:00

  • The E, the S and the G- defining the concept

  • Understanding the main aims of ESG

  • Distinguishing the risks and opportunities associated 

  • Current trends in the ESG market

Vera Economou

Senior green loan portfolio manager

Raiffeisen Bank International

Vera has been working at Raiffeisen Bank for 8 years and is responsible for Green Loan Portfolio management. She is involved in methodological development of Group-wide risk models of expected cash flows realization and future behavior of customer loans, deposits, and off-balance sheet products.

15:0015:15

Break

15:00 - 15:15

15:1516:15

Data and materiality

15:15 - 16:15

  • Understanding and interpreting the data available

  • Limitations of today’s data

  • Defining materiality

    • measuring

    • standardising 

    • analysis

  • ESG scoring- traditional vs material

  • Translating this into financial impact

  • Incorporating transparency

Ita Demyttenaere

Associate director

Sustainalytics

Ita is an Associate Director in Sustainalytics’ Client Relations team, advising clients on their use of Sustainalytics’ products and on integrating ESG considerations into their investment processes. Since joining Sustainalytics in 2014, Ita has worked with several large financial institutions in both the Benelux and Nordics, across all business lines from asset managers to lending departments. Prior to joining Sustainalytics, Ita worked for several financial institutions including Deutsche Bank and Euroclear in both operational and commercial roles. Ita is a CFA Charterholder and holds a master’s degree in International Relations and Finance from the University of Amsterdam.

16:1516:15

End of day one

16:15 - 16:16

Day two :Tuesday, June 9, 2020

14:0015:00

Understanding current standards

14:00 - 15:00

  • Overview of the UN sustainable development goals and the principles of responsible investment (PRI)

  • Current standards surrounding ESG investing

    • MSCI ESG sustainable impact metrics

    • Sustainability accounting standards board
  • What regulators want companies to report on

  • How to translate the ESG topic into stock

  • The issue of ‘green washing’

Beate Born

Executive Director, Risk and Regulatory Management

UBS WEALTH MANAGEMENT

Beate Born is an Executive Director in Risk and Regulatory Management at UBS Wealth Management in Zürich.

As an expert in regulatory change and program management, she has led the Global MiFID II Trading Program across all UBS Wealth Management locations for the past years and is now also covering Brexit topics for Wealth Management. In total, she has 15 years of experience in the financial services industry in Switzerland, Europe and Asia. Amongst others, Beate worked for the Swiss consultancy Malik Management Zentrum St. Gallen and had her own regulatory implementation practice before joining UBS.

Academic degrees include an MBA from Clark University, a DESS from the Sorbonne, an executive diploma from the Swiss Finance Institute and a certificate of advanced studies in Financial Market Regulation from the University of Zürich.

 

15:0015:15

Break

15:00 - 15:15

15:1516:15

Integrating ESG into investment strategies

15:15 - 16:15

  • Using ESG practices as a risk management tool 

  • Pre-analysis integration in investment strategies

  • How to integrate materiality in assessing financial factors

  • Differences between qualitative vs quantitative analysis techniques

  • Benefits and limitations of screening processes

    • Negative/exclusionary

    • Norms-based 

    • Positive 

  • Developing successful integration frameworks (case study) 

Hardik Shah, CFA

ESG practice lead

GMO LLC

Mr. Shah leads the ESG practice at GMO and is responsible for building GMO’s ESG capability across investment product areas and asset classes. He is also a member of the CFA Institute’s ESG Working Group for FY20 whose purpose is to develop a proposal for an ESG industry standard for ESG-centric funds and investment strategies.

Prior to joining GMO in 2017, he led a global team of analysts focused on ESG ratings and thematic research at Sustainalytics. Previously, he was an ESG Ratings associate at MSCI and, as a senior climate change consultant with Ernst & Young, has helped register a wide variety of projects with the UNFCCC under the Clean Development Mechanism defined in the Kyoto Protocol. During 2015 and 2016, Mr. Shah was voted #1 “research firm analyst who understands the challenges & opportunities facing companies” in the global Independent Research in Responsible Investment (IRRI) Survey. He earned his Bachelor of Engineering in Electronics from University of Mumbai and holds a post-graduate diploma in management - e business (finance) from We School, Mumbai.

Mr. Shah holds the Fundamentals of Sustainability Accounting (FSA) credential issued by SASB and is a CFA charter holder.

16:1516:15

End of day two

16:15 - 16:16

Day three: Wednesday, June 10, 2020

14:0015:00

ESG engagement

14:00 - 15:00

  • The importance of active ownership in portfolio management

  • How ESG engagement creates value for both investors and companies

  • Promoting ESG engagement to influence corporate behaviour

  • Proxy voting 

  • Creating successful engagement programmes 

  • What criteria to adopt 

  • Tailoring strategies to specific companies

15:0015:15

Break

15:00 - 15:15

15:1516:15

The role of impact investing

15:15 - 16:15

  • Typical characteristics of impact investing

  • Impact vs ESG vs SRI- how do they differ?

  • How to assess the impact of the investment

    • Using GIIN impact measurements and developing frameworks

  • Defining the type of impact investment

    • Concessionary

    • Non-concessionary

16:1516:15

End of day three

16:15 - 16:16

Day four: Thursday, June 11, 2020

14:0015:00

The effect of climate risk

14:00 - 15:00

  • Approaching climate risk from an E,S and G standpoint

  • Mitigating and adapting investment strategies to the effects of climate change

  • Building a portfolio that incorporates a low-carbon economy

  • Integrating climate transition risk 

  • Scenario analysis- assessing the climate impact on portfolios

  • Analysing the long-term effects of climate risk

15:0015:15

Break

15:00 - 15:15

15:1516:15

Developing the principle of sustainable investing- a look to the future

15:15 - 16:15

  • Understanding the drivers taking ESG into the mainstream 

  • Identifying key areas of growth in the ESG market

  • The importance of enhancing disclosures 

  • Exploring regulatory developments in ESG investment

  • The effect of increased ESG strategy complexity

  • How geographical and geopolitical issues will affect ESG investment 

Brunno Maradei

Global head of responsible investment

Aegon Asset Management

Brunno Maradei is the Global Head of Responsible Investment at Aegon Asset Management. Prior to this role he was a Senior Investment Officer at the European Investment Bank, working mostly on structured finance for infrastructure projects in Africa.  

Brunno has worked in the finance industry for over 20 years, starting in Morgan Stanley’s risk management practice  in London and subsequently moving to JPMorgan.  Brunno spent over three years in the leadership team at EIRIS, a leading ESG research house in London, and over eight years in the World Bank Group in Washington, where he developed sustainable investment products for emerging markets and structured blended finance for renewable energy projects in Africa.

Brunno also spent two years advising the European Commission on blended finance for development impact.  Brunno is a CFA charterholder, holds an MBA from London Business School and a BSc (Econ) from the London School of Economics.

16:1516:15

End of course

16:15 - 16:16