Webinar Guías Inversión Responsable PRI – Perú

COP26: Investor Action on Climate Webinar Series
23 September 2020 14:30-17:00 BST

AGENDA

Welcome
Fiona Reynolds, CEO PRI
Arne Staal, Global Head of Research & Product Management, FTSE Russell

Keynote: Commissioner Rostin Behnam, U.S Commodity Futures Trading Commission (CFTC)

Recovery, Green Growth & International cooperation: Race to Zero, critical role of finance
Sagarika Chatterjee, Director of Climate Change, PRI and COP26 High-Level Champions Team member
Sanda Ojiambo, CEO & Executive Director, United Nations Global Compact
Nigel Topping, High-Level Champion for Climate Action COP26

Measuring the Size & scale of the green economy
Lee Clements, Head of Sustainable Investment Solutions, FTSE Russell
Lily Dai, Senior Research Analyst, Sustainable Investment, FTSE Russell

Panel: The Role of Taxonomies
Chair: Joy Williams, Senior Advisor, climate strategy, Mantle314 & Former Chair of the New York State Common Retirement Fund’s Decarbonization Advisory Panel
Dr. MA Jun, Director of Centre for Finance & Development at Tsinghua University, Chairman of China Green Finance Committee
Peter Johnson, Director, Scotiabank & Chair of Canadian Transition Taxonomy & Sustainable Finance Technical Committee
Helena Viñes Fiestas,Global Head of Stewardship and Policy, member of Experts Group at European Commission, Deputy Head of Sustainability, BNP Paribas Asset Management

The Inevitable Policy Response – an investor guide to land use in the pathway to Paris
Jason Eis, Executive Director, Vivid Economics

Panel: Capital Allocation to the Green Economy: Investors who have or who are taking action
Chair: Faith Ward, Co-Chair, TPI and Chief Responsible Investment Officer, Brunel Pensions Partnerships
Craig Mackenzie, Head of Strategic Asset Allocation, Aberdeen Standard
Herman Bril, Director of Office of Investment Management, United Nations Joint Staff Pension Fund
Geneviève Bouthillier, Managing Director, Private Mid-Market Companies & Stewardship Investing, CDPQ

The sustainability agenda is evolving rapidly in Colombia, with many companies recognising ESG practices, and new infrastructure projects focusing on supporting the energy transition. This webinar will explore the opportunities in this exciting emerging market for responsible investors.

Join this webinar to hear from Paola García Barreneche, Procolombia who will explain Colombia’s commitment to sustainable development and best investment practices, after becoming the 37th member of the OECD. Delegates will also hear from Juan Camilo Osorio, Sura AM and Patricia Alejo, Pontificia Universidad Javeriana who will share their perspectives as local investors on the evolution of responsible investment in Colombia. Hervé Duteil, BNP Paribas will share their perspectives as foreign investors in LatAm and Colombia.

Speakers:
Paola García Barreneche, Foreign Investment Vice President, Procolombia
Juan Camilo Osorio, CIO, Sura Asset Management
Patricia Alejo, Portfolio Manager, Pontificia Universidad Javeriana
Hervé Duteil, Chief Sustainability Officer Americas, BNP Paribas
Moderated by Eduardo Atehortua, Head of LATAM (ex-Brazil), PRI

Join the PRI and industry guests for a webinar on September 10th 2020, which will explore the benefits and challenges of disclosing climate-related financial risk through TCFD reporting in private equity.
During this session, our guests will focus on each of the four elements of TCFD disclosure; governance; strategy; risk management; and metrics and targets.

This webinar follows from the recently launched PRI technical guide: TCFD for Private Equity General Partners, and will include content for GPs at all stages of TCFD reporting, from those yet to begin, to those more advanced.

Speakers include:
Emmanuel Parmentier, Partner, INDEFI
Cornelia Gomez, ESG Director, PAI Partners
Robert Sroka, ESG Director, Abris Capital Partners
Moderated by: Peter Dunbar, Senior Specialist, Private Equity, PRI

The responsibility of institutional investors to respect human rights is reflected in international human rights standards, and constitute a universal, normative expectation by employees, beneficiaries, clients, governments, and wider society. It was clearly defined by the UN in 2011, following extensive stakeholder consultation, and immediately reflected in OECD standards. These expectations have increased – driven by growing visibility and urgency of many human rights issues – and a better understanding of the role of investors in shaping real-world outcomes.

In this webinar we will speak about PRI’s human rights programme – why and how investors should respect human rights – and provide signatories and other stakeholders with an opportunity to ask questions as part of a formal PRI consultation on the topic.

Speakers:
Fiona Reynolds, CEO, PRI
Nikolaj Halkjaer Pedersen, Senior Specialist, Sustainable Markets, PRI

The responsibility of institutional investors to respect human rights is reflected in international human rights standards, and constitute a universal, normative expectation by employees, beneficiaries, clients, governments, and wider society. It was clearly defined by the UN in 2011, following extensive stakeholder consultation, and immediately reflected in OECD standards. These expectations have increased – driven by growing visibility and urgency of many human rights issues – and a better understanding of the role of investors in shaping real-world outcomes.

In this webinar we will speak about PRI’s human rights programme – why and how investors should respect human rights – and provide signatories and other stakeholders with an opportunity to ask questions as part of a formal PRI consultation on the topic.

Speakers:
Fiona Reynolds, CEO, PRI
Nikolaj Halkjaer Pedersen, Senior Specialist, Sustainable Markets, PRI

During this webinar, we will discuss the link between deforestation and viruses such as Covid-19. We will also provide insights into which assessment tools are currently available to investors to better manage deforestation risk in their portfolios.

The exploitation of wildlife by humans through hunting, trade, habitat degradation and urbanization has been found to facilitate close contact between wildlife and humans, which increases the risk of virus spillover. During the first part of the webinar, we will present some of the scientific evidence on the role of deforestation, as well as lessons learned during the Covid-19 crisis so far.

In the second part of the webinar, we will discuss the findings of a report authored by KLP, Storebrand and Rainforest Foundation Norway. Investors will learn about deforestation-related assessment tools and data gaps and their options for integrating deforestation data into existing systems for ESG and risk analysis.


Speakers:
• Christine Kreuder Johnson, Professor of Epidemiology and Ecosystem Health and Associate Director of the One Health Institute in the School of Veterinary Medicine at UC Davis
• James Hulse, Managing Director, Hindsight Consultancy
• Moderated by Maria De Filippo, Senior Specialist, Environmental Issues, PRI

During this webinar, the PRI will reveal findings from a report on Investor Action on Biodiversity, and the World Economic Forum will provide insight into research on The Future of Nature and Business. Hear from experts on drivers for impact; transformation pathways; company expectations and how investors can reduce biodiversity risk and increase positive real-world outcomes through stewardship and engagement.
This is the second in a series of webinars on biodiversity organized jointly with the UNEP FI in the run-up to the UN Convention on Biological Diversity Conference of the Parties (COP15) in 2021.

Speakers:
Jessica Smith, Ecosystem Lead, UNEP FI
Annelisa Grigg, Director and Sustainabiilty Advisor, Global Balance
Alexia Semov, Project Specialist for the New Nature Economy Reports, WEF
Esmé van Herwijnen, Senior Responsible Investment Analyst, EdenTree Investment Management
Gemma James, Head of Environmental Issues, PRI

COVID-19 has had a profound effect on global health, communities, our economy and investments. Using AGMs to engage with companies, now and in the future, is more critical than ever. However, the pandemic has shaken up this AGM season. Join this webinar to hear from Paul Chandler, PRI; Mary Minette, Mercy Investment Services; Andrew Gebelin, Glass Lewis; and Nadira Narine, ICCR on the impact COVID-19 has had on AGM season this year and issues to consider for the future. This webinar will cover issues such as the format and structure of AGMs, voting and shareholder resolutions.

Speakers:
- Mary Minette, Director of Shareholder Advocacy, Mercy Investment Services
- Andrew Gebelin, Vice President, Research, Engagement and Stewardship, Glass Lewis
- Nadira Narine, Senior Program Director, Strategic Initiatives, Interfaith Center on Corporate Responsibility (ICCR)
- Moderated by: Paul Chandler, Director of Stewardship, PRI

In this inaugural episode of the PRI Asset Owner series, Fiona Reynolds, CEO of the PRI and Roger Urwin, Global Head of Investment Content at Willis Towers Watson, will discuss the shifts that Asset Owners are undergoing, many of which have been accelerated by the COVID-19 pandemic. Exploring the changing role of governance and how culture ties in, Roger and Fiona will unpick the characteristics of a responsible asset owner. Join us in discussing how asset owners should be preparing for the next phase of responsible investing.

Este webinar explorará cuales son los factores ASG que impactan a emisores de deuda en LatAm y nuevas posibles tendencias en las evaluaciones de riesgo crediticio, incluyendo las consequencias del COVID-19.

Participantes:
Rina Jarufe, Senior Director, Latin America Corporates, Fitch Ratings
Barbara Mattos, CFA, Senior Vice President, Corporate Finance Group, Moody’s Latin America
Jesús Palacios Prieto, Director, Sustainable Finance, Latin America, S&P Global Ratings
Carmen Nuzzo, Head of Fixed Income, PRI

Introducción por Eduardo Atehortua, Head of Latin America (ex Brazil), PRI

The COVID-19 crisis is hitting emerging economies more than developed countries. Beyond the immediate health and economic emergency, the pandemic will take a toll on countries that are heavily reliant on commodity exports, global trade, tourism and external financing. This webinar will look at the consequences for emerging market credit risk, the opportunities for a ‘greener, smarter and fairer’ recovery – as proposed by the IMF – and what role sovereign bondholders can play.

Speakers:
Kevin Daly, Investment Director Emerging Market Debt, Aberdeen Standard Investments
Fabio Massimo Natalucci, Deputy Director, Monetary and Capital Markets, International Monetary Fund (IMF)
Frank Gill, Senior Director, Sovereigns and International Public Finance EMEA, S&P Global Ratings
Moderated by: Carmen Nuzzo, Head of Fixed Income, PRI

This webinar will discuss the Department of Labor's rule proposal entitled “Financial Factors in Selecting Plan Investments”, its potential impacts on ESG integration, and actions the PRI is taking and encourages signatories to take in response.

On June 23, the Department of Labor (DOL) issued a notice of proposed rulemaking entitled “Financial Factors in Selecting Plan Investments” (“Proposal”) aimed at clarifying the obligations related to consideration of environmental, social and governance (ESG) factors by fiduciaries who oversee private sector pension and defined contribution plans covered by the Employee Retirement Income Security Act (ERISA). However, the Proposal mischaracterizes ESG integration and fails to distinguish between ESG integration and economically targeted investing. This is likely to lead to confusion for ERISA fiduciaries and cost to plan savers.

Recommendations and Resources:
We recommend PRI signatories write to the DOL requesting an extension to the consultation period, and prepare to respond to the consultation. The current deadline for comments is July 30th.

- PRI's request for extension of the comment period from 30 days to 90 days, submitted to the DOL: https://dwtyzx6upklss.cloudfront.net/Uploads/s/l/z/dolesgrequestforextensionfinal_862506.pdf
- PRI's briefing document: https://dwtyzx6upklss.cloudfront.net/Uploads/a/t/e/financial_factors_selecting_plan_investments_v2_26737.pdf

University and college endowments and foundations face continued calls to divest from fossil fuels. While the merits of divestment are debated, questions remain as to what a comprehensive strategy to manage climate-related risks and opportunities looks like and what actions should be employed – from climate scenario analysis and its implications for asset allocation, to manager selection and stewardship.

This joint PRI and IEN webinar will explore the investment implications of climate change and highlight tools and resources endowments can leverage to develop a thoughtful climate strategy. You will hear from several endowments on the multipronged approaches they've implemented to manage climate-related risks, invest in opportunities and align endowment investments with organisational missions.

The German Government has initiated a strategy to make Germany a leading centre for sustainable finance in 2019 and initiated a sustainable finance committee to inform the strategy. On 1 July, Germany will assume the Presidency of the Council of the European Union at a time where Europe is seeking additional reforms to align the financial system with the EU’s sustainability goals and kick-start European recovery after the coronavirus pandemic. The co-chairs of the sustainable finance committee will provide an update on the work of the committee.

Speakers:
- Kristina Jeromin, Chair Sustainable Finance Committee of the German government, Head of Group Sustainability at Deutsche Börse, Managing Director of the Green & Sustainable Finance Cluster Germany
- Karsten Löffler, Chair Sustainable Finance Committee of the German government, Co-Head Frankfurt School – UNEP Collaborating Centre for Climate and Sustainable Energy Finance, Member of the EU Technical Expert Group
- Susanne Dräger, Senior Policy Analyst, PRI

In this globally challenging time, the investment community can play an important role in enabling economic recovery, development and contributing to wider societal well-being rooted in the fundamentals of human rights. Institutional investors have a responsibility to respect human rights more broadly to ensure that the financial sector contributes to, not detracts from, more inclusive societies. This webinar will explore the responsibilities of institutional investors to respect human rights, and how this can be implemented in practice by exploring the recently launched Investor Toolkit prepared by the Investor Alliance on Human Rights.

Speakers:
Daniëlle Essink-Zuiderwijk, Senior Engagement Specialist, Robeco
Paloma Munoz Quick, Director, Investor Alliance for Human Rights
Sara Blackwell, Associate Director, Investor Alliance for Human Rights
Moderator: Bettina Reinboth, Head of Social Issues, PRI

The PRI is delighted to invite you to learn more about the fast growing private equity climate initiative: initiative Climat International, and how private equity players can take action on climate change towards COP26.

This webinar will provide insight into how to join the initiative, the benefits, the experience of existing members, and how the private equity industry as a whole is mobilising to take action on climate change on the road to COP26 in November 2021.