• Approaching ESG integration in emerging markets - Nicholas Morse, Comgest
• Intregration of Environment, Social and Governance (ESG) - Robert Hardy and Amanda Wallace, J.P. Morgan Asset Management
• It’s time to make a positive impact - Bruno Bertocci, UBS
• Why is sustainable investing the key to the future? - Victoria Barron and Raj Shant, Newton Investment Management
• Sustainable investing: moving into the mainstream - Mike Fox, Royal London Asset Management
08:30 - 08:55 Registration and refreshments
08:55 - 09:00 Chairman's welcome
Simon Howard, Chief Executive, UKSIF
UKSIF is the membership network for sustainable and responsible financial services. Simon has previously been Group Chief Investment Officer at Liverpool Victoria, Head of Investments at Friends Provident and Managing Director at 3i Asset Management.
09:00 - 09:25 KEYNOTE speaker
Butch Bacani, Programme Leader, UN Environment's Principles for Sustainable Insurance Initiative
Butch is leading PSI activities supporting the UN Sustainable Development Goals, Paris Agreement on Climate Change, and Sendai Framework for Disaster Risk Reduction. Together with UN Environment’s Inquiry into the Design of a Sustainable Financial System, he is leading the creation of the Sustainable Insurance Forum for Supervisors. Prior to the UN, he was in the insurance industry for over a decade, working with leading insurers and reinsurers worldwide.
09:25 - 09:50 Actions speak louder than words
Sarika Goel, Senior Researcher, Responsible Investment Team, Mercer
Mercer’s Responsible Investment team has been providing advice on ESG and sustainability (risks and opportunities) for many years, with a focus on climate change most recently; but how is that advice actually being implemented? Sarika will provide illustrative examples on current sustainability themes and connect these to recent implementation experiences, listed and unlisted, for both Mercer advisory clients and Mercer’s fiduciary management solutions, including impact reporting considerations for stakeholders.
09:50 - 10:15 How ESG integration helps generate consistent alpha
Lewis Grant, Senior Portfolio Manager, Global Equities, Hermes
A disciplined investment process with environment, social and governance factors at its core does not just provide a 'feel-good factor'; it can improve returns. This session will explain how the Hermes Global Equities team considers ESG risks and opportunities and how its focus on sustainable investing has led to superior client outcomes since their inception in 2007.
10:15 - 10:40 Panel discussion: How can smart beta fulfil your ESG investment needs? Exclusive global research preview
- Professor Gordon Clark, Oxford University
- Boyan Filev, Co-Head Quantitative Equities, Aberdeen Standard Investments
- Doug Morrow, Associate Director, Thematic Research, Sustainalytics
This session will provide an exclusive sneak preview of early indications from the extensive global study into investor attitudes to smart beta ESG conducted in partnership with Sustainalytics and The University of Oxford (Smith School of Enterprise and the Environment). Global investors have embraced smart beta strategies which have grown exponentially to $1tn (Morningstar, December 2017). In parallel, there is increasing appetite to incorporate ESG. Aberdeen has a long history of both smart beta and ESG and ESG is embedded in the smart beta investment process. Aberdeen Standard Investments now manages $46bn in equity factor premia globally (including smart beta).
10:40 - 11:05 It’s time to make a positive impact - view presentation
Bruno Bertocci, Senior Portfolio Manager and Managing Director, UBS
Investors globally, including UK Pensions, are increasingly looking for more than just sustainable investment solutions. They are also looking to create a positive impact with their investments. The UN’s Sustainable Development Goals (SDG’s), as well as closer to home Government initiatives, are calling for greater private investment to steer funds towards creating impact on the most pressing social and environmental issues. The biggest challenge of impact investing revolves around measurement and accessibility. With 30 years expertise in Sustainable Investing, UBS Asset Management has developed a unique science-based approach to impact measurement. Find out how this vision applies to listed equities and how this is creating attractive investment opportunities.
11:05 - 11:35 Coffee Break
11:35 - 12:00 Leaders and pioneers
John William Olsen, Director of Global Equities, Fund Manager, M&G
John will discuss how the impact element of ESG investing can be just as important as the risk aspects.
12:00 - 12:25 KEYNOTE speaker
Edward Mason, Head of Responsible Investment, Church Commissioners for England
Edward is responsible for implementing the Commissioners' ethical investment policies and responsible investment commitments across its £6.1billion portfolio. Edward explains the Commissioners attitude to investing, and the hurdles it faces in making its investment decisions.
12:25 - 12:50 Intregration of Environment, Social and Governance (ESG) considerations is now an expected part of best practice Investment Management - view presentation
Robert Hardy, Head of Sustainable Investments for EMEA, J.P. Morgan Asset Management
Amanda Wallace, Executive Director, Infrastructure Investments Group, J.P. Morgan Asset Management
Rob Hardy will cover how client expectations, regulatory environment and investment understanding are devloping ESG as a risk management tool to all investment asset classes. Rob will then explain how ESG means more than investments in renewables; exploring applicability to the broad sector and management throughout the lifecycle of an investment. Rob will also provide case studies in a deep dive into how J.P. Morgan integrates ESG principles to deployment of capital and ongoing asset management process.
12:50 - 13:15 Why is sustainable investing the key to the future? - view presentation
Victoria Barron, Responsible Investment Analyst, Newton Investment Management
Raj Shant, Portfolio Manager, Global Equity Team, Newton Investment Management
Socially responsible investing has for some time been a key area of focus for many investors. Traditionally, investors have often chosen to follow an ethical investment approach, which involves applying ‘screens’ to avoid entire sectors. However, in the last few years there has been a growing interest in ‘sustainable’ investing – using environmental, social and governance (ESG) analysis in order to positively identify companies which effectively incorporate sustainability into their core business and strategy. In this session we will explore how such an approach can potentially add value for investors and help them to achieve their long-term goals in a responsible and sustainable manner.
13:15 - 14:00 Lunch
14:00 - 14:25 Holistic approaches to climate change risk into investment strategies
Murray Birt, Vice President, ESG Thematic Research Strategist, Deutsche Asset Management
ESG integration is making progress within the investment industry, but so far this is insufficient to address physical climate change risks. Most climate change related investment strategies are focused on using carbon emissions intensity data (carbon foot printing) which does not give a full picture of physical climate change risks, transition risks or green business opportunities. This presentation will give an overview of Deutsche Asset Management’s efforts to develop a new approach to incorporate physical climate change risk into investment strategies.
14:25 - 14:50 Sustainability Update
Simon Howard, Chief Executive, UKSIF
UKSIF promotes responsible investment and other forms of fi nance that support sustainable economic development, enhance quality of life and safeguard the environment. We also seek to ensure that individual and institutional investors can reflect their values in their investments.
14:50 - 15:15 Sustainable investing – Moving into the mainstream - view presentation
Mike Fox, Head of Sustainable Investments, Royal London Asset Management
The level of interest in sustainable investing has never been higher. Is this a short term blip or reflective of long-term structural change? In this presentation we argue that, due to powerful demographic and social factors, sustainable investing will become a mainstream product, appealing to the masses not the minority. We also argue the ability to deliver strong investment returns over the long-term from a sustainable approach has never been higher. Areas such as cloud computing, artificial intelligence, electric vehicles and agriculture are long-term growth markets at the core of sustainable funds, underpinning a commercial and investment imperative for this approach.
15:15 - 15:40 Approaching ESG integration in emerging markets - view presentation
Nicholas Morse, Portfolio Manager and Analyst, Comgest
Considering emerging markets, it is vital to focus on fundamental company analysis, and within that there are key challenges and merits of integrating ESG research.
15:40 - 15:45 Chairman’s summary
15:45 onwards Drinks reception and networking