LEVEL EEI organised a workshop within the framework of the 4th Annual Conference of the lobal Research Alliance for Sustainable Finance and Investment, (re) watch the session!
Short presentation 1 (Academia) – Maastricht University, “How to measure preferences for sustainability in financial markets” (10’) by Prof. Rob Bauer
Based on the paper “Get Real!”, Mastricht University will present its finding in terms of preferences and how to measure them in cooperation with a Dutch pension fund (Pensioenfonds Detailhandel).
Abstract: The United Nations’ Sustainable Development Goals (SDGs) have created societal and political pressure for pension funds to address sustainable investing. We run two field surveys (n=1,669 and n=3,186) with a pension fund that grants its members a real vote on its sustainable-investment policy. Two thirds of participants are willing to expand the fund’s engagement with companies based on selected SDGs, even when they expect engagement to hurt the financial performance. The support remains strong after the fund implemented the choice. A key reason is participants’ strong social preferences.
Short presentation 2 (Practice) – Pensioenfonds Detailhandel (a Dutch pension fund) representative, “How to Translate Investors’ Preferences for Sustainability into an Investment Strategy” (10’) by Henk Groot
This presentation will give insights into practice. Pensioenfonds Detailhandel will present how they translated the research results (presentation 1) into their investment strategy. A focus will put on challenges during the implementation and client satisfaction afterwards.
Discussion between the speakers and Q&A (20’)
Presentation 1 – University of Zurich, “The investor’s guide to impact” (20’) by Dr. Julian Kölbel
The University of Zurich wrote a guide for investors who want to generate a positive impact in the real economy. It supports investors in developing an evidence-based impact strategy for their entire portfolio. Investor impact can mean enabling “green” companies with a net-positive impact to grow faster or encouraging “brown” companies to improve. It can also include influencing other investors by being part of a movement. Based on the available evidence, the guide makes recommendations on how to maximize the impact of investors. This presentation aims at discussing the different strategies available to investor to generate an impact in the real economy, including the barriers they may face and solutions to address specific hurdles.
Presentation 2 – 2DII, best practices regarding financial impact products (20’) by Mickael Mangot
2DII will provide an overview of financial products and mechanisms enabling the funding of energy efficiency activities and the use of renewable energy resources. The discussion will focus on the level of evidence of each identified product and mechanism to generate a positive impact in the real economy. On top of that, financial performances of the targeted financial products and structures will be mentioned.
In addition, 2DII will briefly present the Climate Impact Management System, which aims to provide financial institutions (FIs) with a clear roadmap to develop, refine, optimize, and communicate on impactful climate strategies. This framework can also support the development of labels and certifications for financial products. The system was developed by 2DII’s Evidence for Impact Programme and the French Ecological Transition Agency (ADEME).
Download the programme.
The 4th Annual GRASFI Conference in 2021 is being organised by the International Institute of Green Finance (IIGF) of the Central University of Finance and Economics (CUFE) from September 1-3, 2021 as a virtual event. This will be the first GRASFI conference in an emerging economy and the first in Asia, one of the most dynamic regions for sustainable finance and investment.
Adaptation and resilience; Biodiversity and nature; Central banks, regulation and supervision; Data and metrics; Emerging markets; Environmental and climate risk analysis; Financial disclosure and reporting; Green and resilient recovery; Sustainable sectors (agriculture, healthcare, infrastructure investment, etc.); FinTech; Taxonomies; Transition finance; International cooperation; Corporate sustainable performance.