ESG in Fixed Income EMEA 2022

28 April 2022, London

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

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