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IRELAND’S 4TH ANNUAL

CLIMATE FINANCE WEEK

INVESTING IN A NET ZERO FUTURE

PART OF

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IRISH ROAD TO COP26
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THE SPIRIT OF THIS WEEK BRINGING TOGETHER SUSTAINABILITY, THE DIGITAL REVOLUTION, ULTIMATELY THROUGH THE POWER OF MARKETS AND THE ECONOMY, IN THE SERVICE OF THE IRISH PEOPLE...AND TO THE BENEFIT OF THE WORLD

Mark Carney
UN Special Envoy on Climate Action and Finance

Quote from CFWI20

Monday - 11 October
BEATING THE CLIMATE DEADLINE
AIB Sustainability Conference
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CLIMATE FINANCE WEEK IRELAND 2021 (CFWI21)

11 – 15 OCTOBER

LAUNCH OF IRELAND’S FIRST SUSTAINABLE FINANCE ROADMAP

As action 1 of the 2021 Ireland for Finance Action Plan, “Building on Resilience” the development of Irelands Sustainable Finance Roadmap signifies government’s commitment to advancing Ireland’s sustainable finance agenda. Ireland's ambition is to be a leader in this space by 2025.


Working with over 50 key stakeholder organisations across Ireland's financial services industry, Sustainable Finance Ireland and Skillnet Ireland, in collaboration with the Department of Finance led the development of the roadmap over a six-month period, culminating in the launch at Climate Finance Week Ireland 2021.


The roadmap is a key milestone in our sustainable finance journey as a nation. Built as a living document to evolve and guide Irish sustainable finance activities in the context of the European Green Deal and the Renewed Strategy for Financing the Transition to a Sustainable Economy, for the coming years.


In association with Department of Finance, UN Convened FC4S and Sustainable Finance Ireland. Supported by Skillnet Ireland.

 

Speakers:

  • Colin Hunt, CEO, AIB Group plc
  • Paul Healy, Chief Executive, Skillnet Ireland
  • Pat Cox, Ambassador, Sustainable Finance Ireland
  • Mary O'Dea, Chief Executive, IoB
GREENING FINANCE AND FINANCING GREEN - HOW ASSET MANAGERS ARE ADDRESSING THE BIODIVERSITY CRISIS

Given the seriousness of the biodiversity crisis and forthcoming Post-2020 Global Biodiversity Framework, hear how asset managers are taking steps to integrate biodiversity criteria into their asset management strategies. This session will also provide an overview on initiatives aiming to provide asset owners and asset managers with frameworks, information, and groups through which to engage have made significant progress over the last year, including the Task Force on Nature-related Financial Disclosures (TNFD).

 

Organised in association with the TFND and the UN-convened Financial Centres for Sustainability. Supported by the Sustainable Finance Skillnet.

 

Speakers:

  • Stephen Nolan, MD, UN FC4S
  • Erin Leonard, Head of Sustainability, HSBC Asset Management
  • Prajwal Baral, Senior Advisor, UN Convened Sustainable Insurance Forum (SIF)
  • Adam Kanzer, Head of Stewardship, Americas, at BNP Paribas Asset Management (BNPP AM)
  • Elena Almeida, Policy Analyst, LSE Grantham Research Institute
LAUNCH OF ESG DAY

Patrick Burke ILIM officially opens Ireland’s 4th ESG Day.

PERSPECTIVES FROM THE CENTRAL BANK OF IRELAND

A discussion with Alan Barret and Governor Makhlouf.


Organised in association with the Department of Finance


Speakers

  • Gabriel Makhlouf, Governor of the Central Bank of Ireland
  • Alan Barrett, Director of the Economic and Social Research Institute
AVIATION FINANCE AND THE ESG AGENDA

ESG, the opportunity and impact for aircraft leasing


As we enter post covid, ESG will be taking centre stage in the aviation world again. There is a rowing political, industrial and regulatory appetite to improve environmental performance within the aviation sector. The industry has set extremely challenging targets to meet net zero carbon goals, including a 50% reduction in emissions by 2050.

 

It is no surprise that investors will increasingly favour aviation businesses with high ESG ratings — signaling more resilience and creating long-term business bets. In our discussion, we will look at ESG incentives in financing and investment to present an opportunity for the aviation industry to shake off its reputation for greenwashing and positively impact environmental sustainability over the long term while generating shareholder returns.


Along with the opportunities, we will cover the impact and the challenges too. Aviation businesses and lessors should expect more in-depth sustainability reviews. ESG factors likely to be considered when assessing investments include carbon footprint, employment equity, suppliers and consumer protection, business ethics, board diversity and executive pay.

 

This event will open with a scene-setting presentation by KPMG, followed by a panel discussion. A deeper dive half-day event will take place mid-January, which will build on this initial discussion.

 

Speakers:

  • Kieran O'Brien, Partner, KPMG
  • Declan Kelly, Aircraft Leasing Ireland (ALI) Chair
  • Jan Melgaard, Executive Chairman, FPG Amentum Ltd
  • Marie-Louise Kelly, Aircraft Leasing Ireland (ALI) Vice Chair
  • Stephen Nolan, MD, UN FC4S
WOMEN – THE BIGGEST DRIVER OF ESG?

The popularity of ESG investing is escalating year on year, moving from a niche to dominant strategy. What are the main factors driving this increase in popularity and are female investors at the wheel or just on the journey with everyone else? Join us for this engaging panel event with expert input discussing what impact females have on the growing trend towards ESG Investing and investigating if they really are a key driver.

 

Organised in association with Ireland’s 100 Women in Finance Next Gen Committee.

 

Speakers:

  • Jennifer Griffin, Risk Senior Manager KBI Global Investors & 100 Women in Finance Nextgen Dublin Committee.
  • Christina Milhomen, Senior Associate ESG Research, MSCI
  • Fiona Reynolds, CEO, UN PRI
  • Laura Heuston, CoFounder, SustainabilityWorks
  • Mary Whitelaw, Director of Corporate Affairs, Strategy and Sustainability
IN AN ESG WORLD, IS THE CORPORATE GOVERNANCE FRAMEWORK FIT FOR PURPOSE?

This panel discussion will explore the current state of play of the corporate governance framework, addressing its potency in 2021. Join panellists as they discuss the material role ESG factors play in safeguarding a company’s long-term success, creating wide stakeholder value and satisfaction, and maintaining strong reputation and accountability standards.

Organised in association with Irish Association of Pension Funds (IAPF).

 

Speakers:

  • Emma Jane Joyce, Head of Responsible Investment, Ireland Strategic Investment Fund (ISIF)
  • Dr. Margaret Cullen, Founder & Principal - Think Governance
  • Jaime Gornsztejn, Sectors: Lead – Industrials & Capital Goods, Financial Services, Mining & Materials, Oil & Gas, EOS at Federated Hermes
  • Peter Stapleton Head of Maples Group Funds & Investment Management Team
ACTING ON THE 'S' IN ESG - LATEST MARKET UPDATE INCLUDING THE INSTRUMENTS USED TO FINANCE AND MEASURE IMPACT

The COVID-19 pandemic has brought social issues to the forefront of the ESG agenda, yet with integration of social performance data is still lagging it’s environmental and governance peers.

 

This session will explore upcoming trends in terms of social taxonomies and regulation in Europe and the UK, as well as concrete examples of how investors are using S indicators in their investment decision making, and what types of data to be looking out for.

 

Join us to hear from legal experts, investors rating agencies and data providers alike on how to really start acting on the S. 

 

Organised in association with UN PRI and the Irish Association of Asset Managers (IAIM).

 

Speakers:

  • Elena Espinoza, Senior Specialist, UN PRI
  • Clare Connell, Partner, White & Case LLP
  • Beth Burks, Director of Sustainable Finance, S&P Ratings
  • Kashyap Swamy, Vice President at Tufton Investment Management Ltd
FINANCING IRELAND’S AGRICULTURE SECTOR NET-ZERO TRANSITION, a breakfast briefing

Organised in association with KPMG.

 

Speakers:

  • Russell Smyth, Partner, KPMG
  • Cathal O'Connor, Business Unit Head, AIB
  • Cathal Fitzgerald, Senior Investment Director - Food & Agriculture, ISIF
DELIVERING THE ENERGY TRANSITION: The role of offshore wind and finance in the race to net zero.

A session, organised in cooperation with Temporis, discussing COP26 and the role of finance and offshore wind energy in delivering on Ireland’s energy targets and its net zero ambitions. A key goal of COP26 will be to secure global net zero by mid-century. From an energy perspective this means accelerating the transition from petroleum and coal to clean power. Ireland has already made commitments and therefore our focus needs to be on delivery – the electrification of energy and the harnessing of our best natural resource, our outstanding offshore wind. The offshore sector is only emerging in Ireland and presents a real opportunity for the Irish economy to develop clean power for Irish consumers while benefitting jobs, workers, and communities. To maximise the potential for an Irish offshore wind industry Ireland needs to mobilise finance in concert with visionary public policy support.

 

Speakers:

  • Laura Heuston Co-Founder, SustainabilityWorks
  • Karl Zammit-Maempel, Energy lead in the COP26 Climate Action Champion team
  • Dr. Tanya Harrington, Chief Regulatory Affairs Officer at An Post and currently Chair of Renewable Energy Ireland
  • Paul Saunders, Senior Investment Director at the Ireland Strategic Investment Fund
  • Vanessa O’Connell, Director of Offshore at Temporis backed Offshore Wind Development Platform
  • Séamus McCabe, Vice President, Green Investment Group
IMPLICATIONS OF ACHIEVING NET ZERO FOR IRELAND’S INSURANCE SECTOR, a view from the UN-convened Net-Zero Insurance Alliance

Organised in association with UN Principles for Sustainable Insurance (PSI) and Insurance Ireland.

 

Speakers:

  • Butch Bacani, Programme Leader UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI)
  • William Harding, Head of Implementation, UN-convened Sustainable Insurance Forum (SIF)
  • Sheri Wilbanks, Head of Group Risk Management (GRM) P&C Climate and Sustainability, AXA
  • Moyagh Murdock, CEO, Insurance Ireland
  • Anna Sweeney, Executive Director of Risk, Operations, and General Insurance, Bank of England, and Chair of UN-convened Sustainable Insurance Forum (SIF)
FINANCING A SUSTAINABLE FUTURE: The role of business in delivering on Net-Zero

FINANCING A SUSTAINABLE FUTURE: The role of business in delivering on Net-Zero
"As we approach UN COP26, the financial sector is stepping up on climate action with enhanced climate-risk reporting and adopting net-zero strategies. One year on from Ireland's endorsement of the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, companies are not only implementing the TCFD recommendations but are also looking ahead to the actions needed to achieve net zero.

In advance of the publication of the TCFD's annual status report, join us for a virtual event in partnership with Climate Finance Week Ireland 2021, featuring a high-level dialogue on how Irish and European firms are taking concrete steps to reduce their carbon footprint.

 

This event takes place on the Bloomberg platform - REGISTER HERE

Join us for a discussion on:

• What has been achieved and what needs to be done to ensure a smooth transition

• How can the TCFD framework support companies' net-zero transition plans

• What are companies doing to integrate climate-related risks - into their day-to-day business operations to reach net-zero targets

The event will also feature a breakout session following the panel discussion with Bloomberg sustainable finance experts to discuss what a "good" net-zero target looks like, how are investors comparing these targets, and examples of best practices when setting up net-zero commitments."

Organised in association with Bloomberg and the Department of Finance.

Speakers:
• Francine Lacqua, Editor-at-Large, Bloomberg TV
• Mary L. Schapiro, Vice Chair of Global Public Policy, Special Advisor to the Founder and Chairman, Bloomberg
• Colin Hunt, CEO, AIB
• Imelda Hurley, CEO, Coillte
• Kasper Elmgreen, Head of Equities, Amundi
• Stéphane Boujnah, CEO and Chairman of the Managing Board, Euronext N.V
• Pat Cox, Ambassador, Sustainable Finance Ireland
• Michael R. Bloomberg, U.N. Secretary-General’s Special Envoy for Climate Ambition and Solutions. Founder of Bloomberg LP and Bloomberg Philanthropies. 108th Mayor of New York City
• Kyle Harrison, Head of Sustainability Research, BloombergNEF
• Murat Bozdemir, Regulatory, Risk & Climate Data Product Manager, Bloomberg
• Patricia Torres, Global Head of Sustainable Finance Solutions, Bloomberg


This event takes place on the Bloomberg platform - REGISTER HERE

EVERY FINANCIAL DECISION NEEDS TO TAKE CLIMATE INTO ACCOUNT, IMPLICATIONS OF ACHIEVING NET ZERO FOR IRELAND’S BANKING SECTOR

Organised in association with UN Principles for Responsible Banking and the Banking & Payments Federation of Ireland.

Supported by Sustainable Finance Skillnet.
The banking sector in Ireland is at the core of the climate transition, supporting customers to move away from dependence on carbonising and polluting activities and to avail of the opportunities of greener economic activities. BPFI recognises that banks, as intermediaries and advisors, will finance the transition to a carbon neutral future, delivering on EU and national climate objectives. Both domestic and international banking members are already well advanced in integrating ESG criteria into business and investment decisions. This panel discussion will explore best practice in the integration of ESG into banking institutions. Speakers from AIB and from TD Global Finance will discuss with BPFI CEO Brian Hayes, their banks’ robust and sophisticated approaches to achieving their Net Zero commitments.

 

Speakers:

• Brian Hayes, CEO, BPFI – Moderator
• Laura Quinn, Managing Director, Head of Primary Markets, TD Global Finance
• Yvonne Holmes, Chief Sustainability Officer, AIB

10 MONTHS INTO THE BIDEN PRESIDENCY, A CLIMATE FINANCE UPDATE FROM THE U.S

Speakers:

  • Dr. Yue (Nina) Chen, Sustainability and Climate Initiatives Director at New York State Dept of Financial Services
  • Ricardo Lara, Insurance Commissioner, California Department of Insurance
  • Jay L. Bruns III, Senior Climate Policy Advisor, Washington State Office of the Insurance Commissioner 
  • Stephen Nolan, MD, UN FC4S
SUPPORTING PRODUCT DEVELOPMENT, THE CONVERGENCE OF DIGITAL TECHNOLOGY AND THE CLIMATE ACTION AGENDA.

Organised in association with the Green Digital Finance Alliance (GDFA) and the Fintech and Payments Association of Ireland (FPAI).

 

Speakers:

  • Michael Concannon, Head of Strategy, Fintech & Payments Association of Ireland (FPAI)
  • Laura Flood, Partner PwC -Ireland's Banking and Capital Markets Team
  • Seán Jevens, Chief Digital Officer, AIB
  • Mark Jordan, Chief Technologist, Skillnet Ireland
IT’S ALL ABOUT THE DATA - INNOVATING TO EMBRACE SUSTAINABLE FINANCE

Panel discussion focussing on data challenges and evolution of the data ecosystem and forward-looking commentary on what the funds industry and the Roadmap for Ireland initiative is doing to position Ireland to solve these data and digital challenges

Organised in association with Irish Funds.

 

Speakers:

  • Cathal McGlinchey, Managing Director, Financial Reporting, State Street
  • Marianne Haahr, Executive Director, Green Digital Finance Alliance (GDFA)
  • Deborah Hutton, Head of Asset Management and FS Regulatory team, Eversheds Sutherland Ireland
  • Cliodhna Murphy, Executive Director for Product Development, MUFG Investor Services
  • Johnny Mattimore, MD, Global Head of Risk and Sustainable Finance, First Derivative
CARBON MARKETS - AN EVOLVING LANDSCAPE. A private sector briefing

Organised by Sustainable Finance Ireland.

CLIMATE-RELATED SCENARIOS APPLIED TO INSURERS AND OTHER FINANCIAL INSTITUTIONS


The webinar is linked to the IAA paper ‘Climate-Related Scenarios Applied to Insurers and Other Financial Institutions’, and will present the regulatory perspective on the paper to a wider audience.

 

Moderator: Will Harding, SIF Head of Implementation

 

Introductory comments: Anna Sweeney, SIF Chair, Executive Director – Insurance, Bank of England

 

Panellists:


• Rade Musulin, Vice-chair of the IAA Resource and Environment Virtual Forum
• Joe Kennedy, Non-Life Actuarial Director, PwC Ireland (member of the Society of Actuaries in Ireland's Sustainability and Climate Change Steering Group)
• Cheng Wei Ng, Deputy Director, Monetary Authority of Singapore (SIF member representative)

 

Organised in association with the UN-convened Sustainable Insurance Forum (SIF), the International Actuarial Association (IAA) and the Society of Actuaries in Ireland.

IRELAND’S SUSTAINABLE FINANCE USP – our talent base! Navigating the Sustainable Finance Skills agenda

Organised in association with the FSI.

 

Speakers:

  • Jennifer Reynolds, President & CEO, Toronto Finance International
  • Eimear McBride, Director of Digital and Innovation, IoB
  • Joe Duffy, Senior Client Executive, BNY Mellon
  • Sandra Rockett, Director - Wealth & Corporate Distribution, ILIM
  • Tracey Donnery, Executive Director, Skillnet Ireland
  • Yvonne Holmes, Chief Sustainability Officer, AIB
THE NATURE TRUST: Sustainable Investment in Action

Introducing the Nature Trust, the not-for-profit offering nature-based solutions of the highest standard and setting a new benchmark for sustainable investment in Ireland. This new initiative has started the ambitious journey of planting native woodlands at scale in communities across Ireland through partnership with business. This discussion will explore the challenges and opportunities for ESG investment in tackling the climate and biodiversity crisis, and avenues for taking the action which is urgently needed.

 

Speakers:

  • John Beckett, Chair, The Nature Trust and Founder, Forestry Partners
  • Dr Ciarán Fallon, MD, the Nature Trust and Director, Coillte Nature
  • Antionette McDonald, Customer and Marketing Director, AXA Insurance Ireland
  • Prof Yvonne Buckley, Vice President for Biodiversity and Climate Action, Trinity College Dublin.

 

Discussion moderated by Helen Carroll.

www.naturetrust.ie

SUSTAINABLE REPORTING FOR ACCOUNTANTS – THE "HOW TO"

Investors, customers, employees and financial institutions are increasingly using ESG data to inform themselves about a company’s environmental and social activities. A lack of standardisation means this information is often incoherent, inconsistent or not comparable. This session will examine the recent key developments in sustainability reporting, the global trend to make sustainability reporting mandatory for more entities as well as the calls for common reporting standards to ensure sustainability information reported by companies is comparable and sufficient. You will also hear from industry experts who have adopted sustainability reporting within their businesses and they will share how they are informing stakeholders about their sustainability activities.

Organised by Chartered Accountants Ireland.

 

Speakers:

  • Susan Rossney, Public Policy Officer, Chartered Accountants Ireland
  • Dee Moran, Professional Accountancy Leader, Chartered Accountants Ireland
  • Caroline Tully, Head of ESG Reporting and Ratings, AIB
  • Dave Fitzgerald, Head of Responsible Sourcing Europe, Kellogg Company
THE GREEN PLEDGE - CAN YOU PLEDGE TO WORK MORE SUSTAINABLY?

The aim of the Green Team Network is to address the need to facilitate knowledge sharing and collaboration regarding addressing sustainability goals across companies within the Irish Funds industry. We have developed the Green Pledge which aims to be a tool to encourage and support firms within the Irish funds industry to take steps to reduce carbon emissions and take action on sustainability issues that affect them. To participate in the Green Pledge, firms select from a list of environmentally.

 

Speakers:

  • Suzanne Senior, Head of Fund Registrations and Listings at BlackRock
  • Ann Shiels, Knowledge lawyer in the Asset Management & Investment Funds team at A&L Goodbody
KEY DEVELOPMENTS IN SUSTAINABLE FINANCE DEBT MARKETS

The surge in sustainable bond issuance has been supported by growth in the range of underlying debt instruments including green, social, sustainability and sustainability linked bonds. This session will explore key developments in sustainable finance debt markets.

 

Organised by S&P Global Ratings.

 

Speakers:

  • Luisina Berberian, Director, Sustainable Finance, S&P Ratings
  • Ana-Maria Romero, Associate, Sustainable Finance, S&P Ratings
101 DISCUSSION WITH IRELAND'S FOREMOST PROFESSIONAL SERVICES SUSTAINABILITY LEADERS

Organised in association with KPMG

 

Speakers:

  • Mike Hayes, Partner, KPMG
  • Stephen Nolan, MD, UN FC4S
CLIMATE FINANCE WEEK IRELAND 2021 CLOSES
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