SESSION 1 : Risk Management in Green and Sustainable FinanceSustainability has been on the public agenda for many years. Pricing risks and opportunities is one of the basic mechanisms that make financial systems work. The first session starts with an overview of the current status of sustainability related regulation – where are we heading now. Afterwards we will learn why a holistic sustainability approach for an organisation is important, and we will deep-dive into certain risk management perspectives from an Environmental, Social and Governance (ESG) point of view, with a focus on financial institutions and its different operational functions. We will also go through different frameworks that can be applied for practical ESG metrics implementation.
SESSION 2 : Exploring Climate-Related ScenariosGlobal warming above 2°C relative to pre-industrial period could lead to adverse economic and social consequences. Financial and non-financial institutions are both likely to be heavily affected by climate change in the mid to long term through physical risks and transition risks. In order to help organisations prepare themselves to better understand future scenarios, this session will introduce participants to the concept, methodology and techniques of climate scenario analysis. It aims to take you on a journey with user-friendly scenario exploration tools to look at different climate-related scenarios under different assumptions. Participants will do some hands-on exercises in guided group work. We will jointly discuss the implications of different scenarios on financial and business activities under increasing sustainable finance regulations and stricter climate policies.
SESSION 3 : Future of ESG / Sustainability Data
ESG Data are an important information source for integrating ESG criteria in business processes and financial analysis. Even though, ESG data have already been used for many decades, their use has become more and more pronounced in the investment communities in the recent years. In this session, we imagine a future in which the analysis of sustainability information is easy, accessible, and real-time. This session explores some of the major pain spots in obtaining ESG data, and also examines the reasons why ESG ratings are weakly correlated. It session then explores how a data science approach could unlock more potential from the data about sustainability related impacts. The session focuses on high level issues and simplified examples in order to reveal key principles. It incorporates class discussions and interactive group work to explore if an “Internet of Impact” is possible – and how it could function.
SESSION 4 : Classifying Sustainable Financial Products
As sustainability issues become increasingly important for asset owners and investors, the sustainable finance industry has evolved from offering lighter-tough approaches towards driving more sophisticated and intesive ways of engagement for these issues. In this session, we will update you on the latest developments on taxonomies and their role in classifying green and sustainable financial products. Participants will discuss and experience what it means to measure sustainability, which challenges are related to it and how those challenges might be overcome in the future. The session also provides insights into the relationship of labelling and classifying sustainable financial products.