Agenda
Welcome
- Tarek Al Wazir – Minister for Economic Affairs, Energy, Transport and Housing – State of Hessen
Opening Address
- Olaf Scholz – Federal Minister Of Finance
- Svenja Schulze – Federal Minister for the Environment, Nature Conservation and Nuclear Safety
- Sanna Eriksson – OP Mortgage Bank
- Marcel Haag – European Commission
- Jörg Kukies – Federal Ministry of Finance
- Thomas Kusterer – EnBW
- Christian Sewing – Deutsche Bank
- Nicholas Stern – London School of Economics
Discussion of key aspects of financing sustainable growth at EU and national levels. Interview style and open debate with audience.
12.30 Lunch break
13.30 Workshops
Speaker
- Christoph Bals (Germanwatch)
- Thomas Kusterer (EnBW)
- Michèle Lacroix (Scor)
- Christian Thimann (Athora)
Moderator
- Lothar Rieth (EnBW) – SFB
Guiding Questions
- What regulation is required to enable TCFD- information be processed effectively on financial markets, also in light of the requirements of the Disclosure Regulation for Financial Institutions?
- How to push the envelope in terms of published information in light of competition? What could be the role of external auditors?
- What is required to achieve added value of scenario analyses? What are key steps to achieve comparability?
- What is European best practise?
Speaker
- Anna Breman (Sveriges Riksbank)
- Frank Pierschel (BaFin)
- Pamela Schuermans (EIOPA)
Moderator
- Kristina Jeromin (GSFCG, SFB)
- Matthias Kopp (SFB)
Guiding Questions
- What is the role of central banks and supervisory authorities in mainstreaming Sustainable Finance? How well do central banks and supervisory authorities live up to that role?
- What approaches are available to central banks and supervisory authorities to incorporate sustainable finance into their activities and to re-shape financial market (actors‘) behaviour?
Speaker
- Jürgen Kern (KfW)
- Johanna Köb (Zurich Insurance Company)
- Karl-Oskar Olming (SEB)
- Rüdiger Rass (Commerzbank)
Moderator
- Dustin Neuneyer (PRI)
Guiding Questions
- What are the key challenges in integrating sustainability risk (outside in) in existing risk management systems and tools?
- What approach do you follow to integrate impact target setting and progress reporting? What value do you see in collaboration with other FIs vs. individual efforts?
- How do you manage to close data gaps (material sustainability data), wrt large portfolios / SME clients / investee companies? What role to you assign active dialog strategies, where do you see synergies?
- What sense do you see in joint learning approaches? Do you see cross learning benefits across finance sectors (e.g. banking and insurance)?
- Your three key asks for adjustments to regulatory frameworks to ensure speedy scale up for “industrialisation” of net-zero/ sustainability target frameworks?
Speaker
- Jean-Jacques Barberis (Amundi)
- Susanne Knöfel (DG JUST, European Commission)
- Simone Menne (non-executive director BMW, Deutsche Post DHL, Johnson Controls)
- Prof. Wolf-Georg Ringe (Universität Hamburg)
Moderator
- Michael Schmidt (Lloyd Fonds, SFB)
Guiding Questions
- Are today’s requirements on executive and non-executive directors (in laws and regulations or in self-regulatory standards like Corporate Governance Codes) sufficient to achieve sustainability goals as defined by the SDGs and the Paris climate agreement?
- Does sustainability play an adequate role in practice, in the proceedings and workings of a board of directors?
- Where are the sustainability gaps in director duties and on boards of directors: in the selection process of directors and their profiles of skills and expertise; in the composition of the board, its incentive system and its modus operandi?
- How should the sustainability gaps be best addressed: by an EU Statement of Director Duties; by national laws and regulations; by self-regulatory standards?
- Should requirements on directors differ between companies of the real economy and the financial sector?
Speaker
- Sven Giegold (MEP)
- Ann-Cathrine Husson-Traore (Novethic)
- Christian Klein (Universität Kassel)
Moderator
- Georg Schürmann (Triodos Bank, SFB)
Guiding Questions
- What will be the added value of a sustainability risk product classification system?
- What is the relation to the EU Ecolabel and the EU Taxonomy?
- How to avoid overburdening those who offer financial products?
Speaker
- José Luis Blasco (Acciona)
- Kirsten Häger (State of North Rhine-Westphalia, MoF)
- Marcus Pratsch (DZ Bank)
- Martin Spolc (European Commission)
Moderator
- Karsten Löffler (GSFCG, SFB)
- Yannick Motz (GIZ)
Guiding Questions
- Do we actually need a European Green Bond standard?
- Will the EU GBS become tomorrow’s standard? What are key issues to resolve under the EU GBS for issuers? What is the view of institutional investors?
- How to put the recommendations by the TEG that reference to the (analoguous) use of the EU Taxonomy into practice?
- What are key issues for evolution of the EU GBS into a EU Sustainability Bond Standard, including social?
Speaker
- Anna Braune (DGNB e.V. – German Sustainable Building Council)
- Rufus Grantham (Bankers without Boundaries)
- Rupesh Madlani (Bankers without Boundaries)
- Mario Motta (Politecnico di Milano)
Moderation
- Ulrike Linnig (EIC Climate-KIC)
- Felicity Spors (EIC Climate-KIC)
Guiding Questions
- What is the typical business model for retrofit, and why is there an investment barrier?
- What examples are there for overcoming this barrier – and how is the business model different?
- What lessons can we take forward?
- Finance will not solve all the barriers -what else needs to be addressed?
- Recommendations on finance and ideas for developing blue print models to address place based barriers.
15.00 Coffee break
- Isabel Schnabel – European Central Bank (keynote)
- Peter Blom – Triodos Bank
- Lutz Diederichs – BNP Paribas