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?
Simone Menne (non-executive director BMW, Deutsche Post DHL, Johnson Controls)
Prof. Wolf-Georg Ringe (Universität Hamburg)
Michael Schmidt (Lloyd Fonds, SFB)
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?
Discussion of banking supervision and risk management approaches with regard to climate risks. Keynote (20 minutes) followed by panel discussion (50 minutes) and open debate with audience (50 minutes).