ESG in Fixed Income EMEA 2022

28 April 2022, London

etc. Venues - County Hall • Belvedere Rd, London SE1 7PB

Overview Agenda Speakers Sponsors Venue Gallery Discover all events in this series

Agenda

09:00

Chair’s Opening Remarks

Ahren Lester, Assistant Editor, Environmental Finance

09:10

KEYNOTE ADDRESS: Access to finance for energy transitions in emerging markets

Mafalda Duarte, CEO, Climate Investment Funds

09:30

Panel: EU taxonomy: implications for the fixed income market

  • What will be the impact of the EU's taxonomy on sustainable finance market?
  • How can investors and issuers ensure alignment with the taxonomy?
  • To what extent could the taxonomy framework be adapted to and harmonised with other markets outside the EU?
  • Green Bond Standard: how might it deviate from the EU Taxonomy? Will it improve the effectiveness, transparency, and credibility of the market?

Moderator:
Cedric Merle, Head of Centre of Expertise and Innovation, Natixis Green & Sustainable Hub, Natixis CIB

Panellists:
Laurène Chenevat, Sustainable Investing, Policy and Advocacy Lead, Mirova
Arthur Campredon, Director General Office, Deputy Head of Sustainable Finance, French Treasury
Isabelle Lambert, Head of CSR, SPIE

10:15

Panel: Sustainability framework: disclosure requirements in 2022 and the SFDR

  • Tackling the uncertainties: how are investors to access information in order to meet requirements?
  • Fund classification: working with fund managers and art 6, 8 and 9
  • Dealing with investor demand for taxonomy alignment in the FI space

Moderator:
Trevor Allen, Head of Sustainability Research, BNP Paribas

Panellists:
Rumi Mahmood, Vice President, MSCI Research
Isabelle Laurent, Deputy Treasurer & Head of Funding, EBRD
Agnes Gourc, Head of Sustainable Capital Markets, BNP Paribas

11:00

Networking Break

11:30

Panel: ESG data in Fixed Income

Panel: Social bonds coming of age 
  • How good is ESG data for the fixed income market?
  • What are investors doing to generate their own data?
  • Improving data for sovereigns
  • Disclosure on ownership
  • New data initiatives

Moderator:
Geneveive Redgrave, Staff Writer, Environmental Finance

Panellists:
Jens Nystedt, Co-Deputy CIO, Emso
Isobel Edwards, Green Bond Analyst, Goldman Sachs Asset Management
Rumi Mahmood, Vice President, MSCI
  • What has driven the growth of social bonds?
  • What impact will the EU Platform's social taxonomy have on the market?
  • Are social targets a good fit for the Sustainability-linked bond format?
  • Discussion on 'do no significant harm': what does this mean for issuers, corporates, and investors?

Moderator:
Michael Hurley, Deputy Editor, Environmental Finance

Panellists: 
Maria Bazhanova, Director, ESG Ratings, Sustainable Fitch
Katie House, Partner, Sustainability, Affirmative IM
Dr. Frank Richter, Head of Investor Relations, NRW Bank
Jacob Michaelsen, Head of Sustainable Finance Advisory, Nordea

12:15

Panel: Bondholder Engagement 

Panel: Impact reporting and improving the credibility of the green bond 
  • Engagement with ESG vs conventional investors?
  • The value addition of ESG financial instruments to an issuers funding programme and overall business?
  • Current ESG investment approaches?
  • Frequency of investor engagement with issuers?
  • The different monitoring methods when holding green bonds vs SLBs?
  • Are good ESG credentials enough to boost engagement?

Moderator:
Nibras Hadi, Sustainable Investment Banking UK, Credit Agricole, CIB

Panellists:
Emer Murnane, Group Treasurer Designate, Smurfit Kappa
Saida Eggerstedt, Head of Sustainable Credit, Schroders
Laure Philippon, Sustainable Finance & CSR Transformation Director, ENGIE
Johannes Boehm, Senior ESG Analyst, Union Invest
Gail Counihan, Fixed Income ESG Analyst, Franklin Templeton
  • What is the objective of impact reporting and how are metrics decided?
  • Are investor expectations of issuers' impact reports shifting?
  • What role do regulatory, and standards frameworks play and how constructive are they in developing reporting?
  • What are the main challenges to impact report?
  • Update on the latest IPCC findings

Moderator:
Madeleine Jenkins, Staff Writer, Environmental Finance

Panellists:
Christa Clapp, Co-Founder & Managing Partner, Cicero, Shades of Green
Angela Brusas, Director, Funding & Investor Relations, Nordic Investment Bank
William de Vries, Director, Impact Equities & Bonds, Triodos Investment Management

13:00

LUNCH

14:00

Debate: Sustainability-linked bonds – the future of the market or greenwashing?

  • What are the pros and cons of SLBs?
  • Are they needed – why is the use of proceeds model not adequate?
  • What are the right metrics, KPIs, targets that make them impactful?
  • Is there still a role for transition bonds?
  • Do they have potential to extend to social?
  • What about combining SLBs and use of proceeds bonds?

Moderator:
Sanaa Mehra, EMEA, Head of Sustainable, DCM, Citi

Panellists:
Jose Yakoubian, Associate Director of Sustainalytics' Corporate Solutions
Alessandro Canta, Head of Finance and Insurance, Enel
Natasha Vowles, Head of Treasury, Funding, Tesco

14:40

Panel: Aligning sovereign debt with the Paris Agreement

  • How are governments working science-based targets into their financing strategies?
  • What systems work best for transparency, accountability and impact?
  • What are the regional priorities between now and 2030?
  • What ESG factors do investors look for in sovereign debt?
  • How does debtholder engagement drive value creation on the climate front?

Moderator:
Sophie Dejonckheere, Director of Sustainable Finance, TD Securities

Panellists:
Thomas Dillon, Head of ESG, Sovereign, Aviva Investors
Jonathan Maes, Seconded National Expert, European Commission
Christian Esters, Senior Director & Analytical Manager, Sovereign Ratings, S&P Global
Anjuli Pandit, Head of Sustainable bonds EMEA, HSBC

15:20

Networking Break

15:50

Panel: Expanding green real estate: the opportunities and challenges

Moderator:
Stephane Marciel, Head of Sustainable Bonds, Debt Capital Markets, Société Générale CIB

Panellists:
Mindee Lee, Head of Corporate Strategy and Board Secretary, CPI Properties
Fabian Lander, Head of Front Office, Finance and Treasury, Vonovia
Theo Kotula, Responsible Investment Analyst, AXA IM

16:35

Panel: The bond market's role in building a sustainable future

  • What is the fixed income market's climate impact? Which innovations are needed to leverage the ESG Bond market's effect on the transition to net zero?
  • Which segments of the market need to grow to accelerate the ESG outcomes? Which function do you see for transition bonds?
  • What role should sovereigns assume in the context of ESG finance and reverse. What are the challenges?
  • Which functions do investors on the one hand and supranational institutions on the other hand have in transitioning emerging markets? What is the role of risk sharing?
  • How are investors approaching this topic, what are the key tools?
  • Can the surge of Social Bond issuance be seen as the kick-start of a social revolution?

Moderator:
Dr Angelica-Maria Strolz, Head of ESG, DCM for SSAs, JP Morgan

Panellists:
Bodo Winkler, Head of Funding & Investor Relations, Berlin Hyp AG
Federico Pezzolato, Associate Director, Sustainable Finance Business Manager, ISS Corporate Solutions
Dr. Ulf Erlandsson, CEO, Anthropocene Fixed Income Institute
Jessica Pulay, Co-Head of Policy and Markets, UK Debt Management Office
Denise Odaro, Head of Investor Relations, IFC

17:20

Chair's Closing Remarks

17:30

End of Conference