Events - 26 to 27.10.2021
Sustainable Finance Forum 2021
Organised by Luxembourg for Finance
Sustainable Finance Forum 2021
Climate change and social issues are high on the agenda of governments across the globe. As finance moves towards a more central role in powering a sustainable future, it is coming under increasing scrutiny and is in the process of transition. It is in this context that Luxembourg for Finance will host its 4th annual Sustainable Finance Forum, bringing together experts from across the globe to discuss the need to implement global sustainability goals and finance a sustainable future.
The livestreamed event will be held across two days, the 26th and 27th of October from 10:00 to 12:00 CEST, and will include a keynote speech from EU Commissioner Mairead McGuinness, as well as an interview with Luxembourg’s Finance Minister Pierre Gramegna.
The first day sees us taking a high-level view, examining overarching investment trends and participants will discuss whether we are heading towards a global convergence or fragmentation of sustainable finance. While day two dives into the EU taxonomy and disclosure regulations, examining how these work in practice and their impacts on financial services thus far.
For the full agenda, including speakers and their biographies, please see below.
To watch the Sustainable Finance Forum 2021 replay, please click on the images below:
Our latest report produced in partnership with New Financial provides an analysis of the size, growth & penetration of sustainable finance worldwide. To read the report, please click here.
For any further details regarding the event, please contact: Aurélie Zambeaux
DAY 1: Implementing global goals
Sustainable finance has grown from niche to mainstream as the role finance can play in supporting a sustainable future solidifies. Across the globe however, approaches differ. On day 1, we will discuss the new trends in sustainable investing and whether we are moving towards a global approach or fragmentation.
Judith Bogner, Master of Ceremonies
Financing a sustainable economy
Mairead McGuinness, Commissioner for Financial Services, Financial Stability and Capital Markets Union, European Commission
Making progress in Sustainable Finance
HE Pierre Gramegna, Luxembourg Minister of Finance
Interviewed by Nicolas Mackel, CEO, Luxembourg for Finance
Benchmarking ESG in banking & finance
William Wright, Founder & Managing Director, New Financial
Investment trends in the global Sustainable Finance market
Global efforts to tackle climate change, create a more equitable society, and build back better post-Covid are accelerating investment trends towards sustainability. Given the importance of mobilising the large sums of capital needed in order to meet the UN's SDGs and other sustainable goals, this panel will delve into the various shifts in investment trends and how investors, financial service providers, and stock exchanges can play a critical role in financing sustainable development.
Moderator: Denise Voss, Chairwoman, LuxFLAG
Julie Becker, CEO, Luxembourg Stock Exchange
Dr. Michael A. Ridley, Director Responsible Investment, HSBC Asset Management
Jenn-Hui Tan, Global Head of Stewardship & Sustainable Investing, Fidelity International
Fragmentation or global convergence
What would the international convergence of regulations relating to sustainable finance truly bring? Would it mean the foster adoption of sustainable finance across the globe, or should regulations be able to grow legs in their specific markets, in order to be able to capture regional intricacies? This panel will examine the direction in which we are moving, either towards convergence or fragmentation, and the current effectiveness and state of sustainable finance regulation in various regions.
Moderator: Stephen Nolan, Managing Director, FC4S
Richard Lacaille, Global Head of ESG, State Street
Petr Wagner, Acting Head of Unit for International Affairs, European Commission's Directorate-General for Financial Stability, Financial Services, and Capital Markets Union
Tracy Wong Harris, Vice President & Deputy Secretary General, Hong Kong Green Finance Association; Head of Sustainable Finance, Greater China and North Asia, Standard Chartered Bank
End of day 1
DAY 2: Financing sustainable growth
Moving from the theoretical to practical, day 2 sees us examine the key elements needed to finance sustainable growth, namely the EU taxonomy and disclosure regulations. How have these regulatory devices affected financial institutions and the development of sustainable finance?
Judith Bogner, Master of Ceremonies
Managing risks and safekeeping financial stability
Linda-Eling Lee, Global Head of ESG Research, MSCI Inc.
Taxonomy in practice
The EU taxonomy will put in place a green "language" for companies and will ensure increased transparency relating to environmental performance, and will distinguish which investments contribute towards the EU's climate and environmental objectives. However, how will this be effectively put in place and what will it mean for investors and financial service providers when considering an investment? Panelists will examine the intention behind the Taxonomy, what is taken into account when developing products that are Taxonomy-aligned, and how the financing of companies and projects will shift under this new classification system.
Moderator: Matthew Vincent, Journalist, Financial Times
Elizabeth Gillam, Head of EU Government Relations and Public Policy, Invesco
Eila Kreivi, Director & Head of the Capital Markets Department, European Investment Bank
Martijn Oosterwoud, Lead Products, Office of Sustainability, UBS
Disclosure regulations & their impacts
At the heart of disclosure regulations, such as the SFDR, is a simple question: how are the investments that are being made impacting the planet? To answer this however requires a complicated and multifaceted regulation under which financial institutions and professionals are compelled to not only report specific sustainability-related information, but also in a specific manner. Beyond the additional administrative burden to financial players, what other impacts on products and advice do these new regulations bring?
Moderator: Hugh Wheelan, Managing Director, Responsible Investor
Ewa Jackson, Director, Sustainable Investing, BlackRock
Kalin Anev Janse, Chief Financial Officer, European Stability Mechanism
Dr. Kalpana Seethepalli, Director of ESG for Asia Pacific, Deutsche Bank
The case for impact optimism
Niklas Adalberth, Founder, Norrsken Foundation
Interviewed by Judith Bogner, Independent Journalist
Nicolas Mackel, CEO, Luxembourg for Finance
End of day 2
Commissioner for Financial Services, Financial Stability and Capital Markets Union, European Commission
Director & Head of the Capital Markets Department, European Investment Bank
Global Head of Stewardship & Sustainable Investing, Fidelity International
Acting Head of Unit for International Affairs, European Commission's Directorate-General for Financial Stability, Financial Services, and Capital Markets Union
Tracy Wong Harris
Vice President & Deputy Secretary General, HKGFA; Head of Sustainable Finance, Greater China and North Asia, Standard Chartered Bank