Stationers Hall, Ave Maria Lane London EC4M 7DD
2nd Annual 50 Shades of Green: Financing Brown-to-Green Transition in the Capital Markets
Event overview
50 Shades of Green: Financing Brown-to-Green Transition in the Capital Markets
How can green and sustainable capital markets help accelerate the environmental transition programmes of companies operating in the brown economy? Events Radar’s unmissable 2nd Annual 50 Shades of Green: Financing Brown-to-Green Transition in the Capital Markets event will review activity in the green bond and loan markets, assess likely impacts of EC TEG on Sustainable Finance, TCFD and other initiatives and discuss the growing importance of engagement by debt investors with corporates; all in an open, interactive forum.
Topics for discussion:
- Are fossil-fuel, mining and other brown-economy companies welcome in the green and sustainable debt capital markets?
- Is the green bond market morphing from a use-of-proceeds market to an issuer-based market? What challenges does that present?
- Could we get to a situation where green projects financed in the green bond market are shunned on the basis of the issuer’s sustainable footprint and transition strategy?
- Reviewing corporate engagement by bond investors as a driver of change
- Quantifying impact assessment to avoid claims of greenwashing
- Has the loan market taken a better approach than the bond market with sustainability performance targets that bring related pricing benefits to borrowers?
- EU taxonomy and green bond standard: genuine game-changers or just another set of standards and guidelines?
- Avoiding buy-side greenwashing: transitioning from tick-box investing to real engagement
Agenda
- 08:30 Registration
- 09:00 Conference Chair’s welcome and opening comments
Keith Mullin Founder, KM Capital Markets - 09:15 Opening Address
- 09:30 Panel session: Green Assets or Green Issuers?
- » An update on green and sustainable bond activity » Are fossil-fuel, mining and other brown-economy companies really welcome in the green and sustainable bond market? On what basis?
- » Is the green bond market morphing from use of proceeds to issuer credentials? What challenges or contradictions might that create for non pure-play issuers?
- » Could we get to a situation where green projects financed in the green bond market are shunned on the basis of the issuer’s sustainable footprint and transition strategy?
- » Who decides and on what basis whether how much emissions mitigation is enough or whether a company’s transition strategy is adequate?
- » Quantifying impact assessment to avoid claims of greenwashing » EU taxonomy and green bond standard: genuine game-changers or just another set of standards and guidelines? How will they impact brown-to-green transition financing
- 10:30 Break
- 11:00 Panel session: Reviewing Progress in Green and Sustainability Loans
- » Reviewing the rapidly emerging green and sustainable loan landscape
- » Weighing up corporate receptivity of use-of-proceeds vs general corporate sustainable facilities in moving the transition needle
- » Has the loan market taken a better approach than the bond market with sustainability performance targets offering related pricing benefits to borrowers?
- 11:45 Investor panel session
- » Understanding the fixed-income buy-side view on green and sustainable investing as we head to 2020
- » Avoiding buy-side greenwashing: transitioning from tick-box investing to real engagement
- » Encouraging activism around green bond investing and avoiding complacency in the general green ecosystem
- 12:30 Conference close and networking
Photo stills
Speakers
Yo Takatsuki:
Head of ESG Research and Active Ownership, AXA Investment Managers
Philip Brown:
Managing Director , Green and Sustainable Capital Markets, Citigroup
Manuel Adamini:
Head of Investor Engagement, Climate Bonds Initiative
Kris Atkinson:
Portfolio Manager, Fidelity International
Audra Stundziaite:
Deputy Head of Credit Research, Hermes Investment Management
Nicholas Pfaff:
Managing Director, Member, European Commission Technical Expert Group on Sustainable Finance, ICMA
Dr. Arthur Krebbers:
Head of Sustainable Finance, Corporates, NatWest Markets
Martina Macpherson:
President, Network for Sustainable Financial Markets
Tom Delay:
Chief Executive, The Carbon Trust
Udo Giegerich:
Executive Vice President , Group Finance & Investor Relations, Uniper
Thomas Voland:
Parnter, Clifford Chance
Richard Waddington:
Head of Loan Syndication and Sales, Commerzbank
Graham Smith:
Director, Sustainable Finance Unit, HSBC
Susana Meseguer:
Director of Financing, Repsol
Laurent Frings:
Head of Credit Research, Kames Capital