Climate Bonds Initiative: 6th annual Conference

On 7 September 2021, FoSDA attended the Climate Bonds Initiative’s annual conference and co-hosted one of the panels that was focused on current challenges that both data providers and data users face in the ESG disclosure sphere and other related ESG data issues.

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FoSDA anniversary event: the future of sustainable data & its role in achieving global sustainability goals

Future of sustainable data & it's role in achieving global sustainability goals

OMFIF & the Future of Sustainable Data Alliance (FoSDA) hosted an event to celebrate FoSDA’s first anniversary and to discuss how data can be leveraged to enable the achievement of the UN Sustainable Development Goals, Paris Agreement goals, and a sustainable post-Covid recovery.

The event took place from 13:00 to 14:00 CET on February 17th and was centered around key focus areas and actions needed in the year ahead, including the mapping of Environmental, Social and Governance (ESG) data holes and gaps, taxonomies and their mapping to data, and the need for ESG data talent development globally.

Speakers included:

Sean Kindey

Sean Kindey, Co-founder and CEO of Climate Bonds Initiative

Sherry Madera

Sherry Madera, FoSDA Chair and Chief Industry & Government Affairs Officer at the London Stock Exchange

Fabio Natalucci

Fabio Natalucci, Deputy Director of the Monetary and Capital Markets Department at the International Monetary Fund

Verena Ross

Verena Ross, ESMA Executive Director & IOSCO Sustainable Finance Task Force co-lead on work stream 3 on CRAs, ESG ratings and ESG data providers

Michael Sheren

Michael Sheren, Senior Advisor at the Bank of England

Huw Van Steenis

Huw van Steenis, Senior Adviser to the CEO and Chair of the Sustainable Finance Steering Committee at UBS

Patricia Torres

Patricia Torres, Global Head of Sustainable Finance Solutions at Bloomberg

Simon Zadek

Simon Zadek, Finance for Biodiversity Chair

Agenda

13.00 CET: Welcome by Sherry Madera, FoSDA Chair & Chief Industry & Government Affairs Officer, LSEG

13.02-13.30 CET: PART 1 – In conversation with moderated by Sherry Madera
ESG data needs in the coming year – supervisory/user perspective
Speakers:

  • Verena Ross, ESMA Executive Director & co-lead of the IOSCO STF workstream focused on CRAs, ESG ratings and data providers
  • Fabio Natalucci, NGFS co-lead on bridging the data gaps & IMF Deputy Director of the Monetary and Capital Markets Department
  • Michael Sheren, Senior Advisor, Bank of England
  • Huw van Steenis, Senior Adviser to the CEO, Chair Sustainable Finance Steering Committee, UBS

13.30-13.58 CET: PART 2 – Panel discussion moderated by Danae Kyriakopoulou, Chief Economist and Director of Research at OMFIF
Key actions & focus areas in the year ahead from FoSDA partner perspective 

Speakers:

  • Sean Kidney, Co-founder and CEO, Climate Bonds Initiative and member of EU Platform on SF 
  • Simon Zadek, Finance for Biodiversity (F4B) Chair
  • Patricia Torres, Global Head of Sustainable Finance Solutions at Bloomberg

13.58 CET: Concluding remarks by Sherry Madera, FoSDA Chair & Chief Industry & Government Affairs Officer, LSEG

About FoSDA

Launched in Davos in January 2020 by Refinitiv and the World Economic Forum, the Future of Sustainable Data Alliance (FoSDA) is a multi-member alliance aiming at addressing the climate crisis and sustainability issues from a data perspective and fostering collaboration in financial markets. FoSDA believes that investors need reliable, decision-ready data to confidently invest in sustainable economic activities.

Founding partners of FoSDA include: OMFIF, IIF, ASIFMA, Tsinghua University, GFMA, Climate Bonds Initiative, FinTech4good, Everledger, Oxford University, the Spatial Finance Initiative, Catapult, Finance for Biodiversity, GoImpact and Icebreaker One.

Spatial Finance – Transparency Beyond Disclosure

Approach Image Backgound

‘Spatial finance’, where geospatial data is integrated into financial theory and practice, creates a significant opportunity to increase transparency within the financial system for practitioners and data providers alike. How can the finance industry harness the opportunities that geospatial data brings?


Join Refinitiv, The Future of Sustainable Data Alliance and the Spatial Finance Institute for a webinar on Thursday 25 June, where we will discuss new technology and datasets that support a just transition to sustainable development. 
Key take-aways include:

  • Understanding what spatial finance is, and how geospatial data is collected
  • How can AI and geospatial data increase transparency within the financial system?
  • Innovation in Earth observation, remote sensing and AI, and how we can apply them across industries
  • Practical applications of geospatial data in financial decision making

Event Info

Date: This webinar is over. You can still access the webinar on-demand through the form on the right. Time: – Location: Complete the form on the right to access the recording Speakers:

  • Ben Caldecott, Director, Oxford Sustainable Finance Programme & Associate Professor, University of Oxford
  • Christophe Christiaen, Sustainable Finance Lead, Satellite Applications Catapult; Co-Founder, Spatial Finance Initiative
  • Susanne Schmitt, Nature and Spatial Finance Lead, World Wide Fund for Nature (WWF-UK)
  • Adina Gillespie, Director, Business Development (Europe), GHGSat Inc

Moderator:

  • Julia Walker, Global Head of Government and Industry Affairs, Sustainable Finance and Risk, Refinitiv

Ben Caldecott
Director, Oxford Sustainable Finance Programme & Associate Professor
University of Oxford

Dr Ben Caldecott is the founding Director of the Oxford Sustainable Finance Programme. He is an Associate Professor and Senior Research Fellow at the University of Oxford Smith School of Enterprise and the Environment, a Supernumerary Fellow at Oriel College, Oxford, a Visiting Researcher at The Alan Turing Institute, and a Visiting Scholar at Stanford University. Ben is also Senior Advisor to the Chair and CEO of the UK Green Finance Institute and the COP26 Strategy Advisor for Finance based out of the Cabinet Office.

Ben specialises in environment, energy, and sustainability issues and works at the intersection between finance, public policy, and academe, having held senior roles in each domain. Ben has authored and edited a substantial number of publications related to sustainability and is an experienced media commentator and public speaker. He has a number of board and advisory panel appointments, including with the University of Oxford Socially Responsible Investment Review Committee, The Prince of Wales’s Accounting for Sustainability Project, ATLAS Infrastructure Partners Ltd, Impact Lens Ltd, the British Standards Institution, and the Green Alliance.

He has conceived and initiated a number of initiatives related to sustainable finance. Ben founded and co-chairs the Global Research Alliance for Sustainable Finance and Investment (GRASFI), an alliance of global research universities promoting rigorous and impactful academic research on sustainable finance. He established and leads the Sustainable Finance Theme at The Alan Turing Institute and initiated the Spatial Finance Initiative, which aims to mainstream geospatial capabilities enabled by space technology and data science into financial decision-making globally. He co-founded the Commonwealth Climate and Law Initiative (CCLI), which is examining the legal basis for directors and trustees to consider, manage, and report on climate change-related risk, and the circumstances in which they may be liable for failing to do so.

Ben chairs the International Green Finance Coordination Group on behalf of the UK Green Finance Institute and the UK Government. He currently serves on the US Commodity Futures Trading Commission’s Climate-Related Market Risk Subcommittee and the UK Department for International Trade’s Export Guarantee Advisory Council. In his capacity as a Member of the UK Green Finance Taskforce, he chaired its Workstream on Task Force on Climate-related Disclosures (TCFD) Implementation.

Christophe Christiaen
Sustainable Finance Lead, Satellite Applications Catapult;
Co-Founder, Spatial Finance Initiative

Christophe Christiaen is the Sustainable Finance Lead at the Satellite Applications Catapult and worked with the Oxford Sustainable Finance Programme to establish the Spatial Finance Initiative. He is responsible for the Catapult’s sustainable finance activities, engaging with sustainable finance stakeholders and promoting the Spatial Finance opportunity across finance and geospatial communities. Christophe started his career in corporate finance for an FMCG multinational, then joined the European Space Agency as a business analyst before joining the Catapult’s Business Strategy team.

Susanne Schmit
tNature and Spatial Finance Lead
World Wide Fund for Nature (WWF-UK)

Susanne is a conservation professional with more than 20 years’ experience at the intersection of the fields of biodiversity, sustainable finance, geo-spatial intelligence, the extractives industries and sustainable natural resource management. She is one of the founders of the WWF-SIGHT tool and approach and until recently headed the WWF-UK Conservation Intelligence team. Following her innovative work on biodiversity and extractives, sustainable finance and conservation intelligence, Susanne is now focusing on developing the exciting new area of Nature and Spatial Finance for WWF. Working closely with other members of WWF-UK’s Sustainable Finance team and the Conservation Intelligence team, she advocates for greater use of geo-spatial and asset-level data and tools to support more sustainable financial decision making that contributes to protecting and restoring nature.

Adina Gillespie
Director, Business Development (Europe)
GHGSat Inc

Adina is responsible for GHGSat business development and expansion in Europe. She also leads on European institutional engagement and strategic partnerships with the European Space Agency and others.

Adina has nearly 20 years’ experience delivering programs and strategic advice in the application of Earth observation technology, including for governments and commercial users. For three years she headed the UK’s operational contribution to the International Charter for Space & Major Disasters, delivering situational awareness for the UK Cabinet Office and civil protection authorities around the world. In this role she also facilitated one of the International Charter’s first ever contributions to a national exercise – “Exercise Watermark” had more than 10,000 players, from blue light emergency responders to the Cabinet Office Briefing Room (COBRA), and remains the largest ever peacetime exercise held in the UK.

During her time with the satellite manufacturer, SSTL, Adina helped commercial customers define their Earth Observation needs for delivering specific services (e.g. infrared imaging for ocean plastic assessment, multispectral imaging for agricultural health assessments, and radar/optical satellite twins for security and defence).

She served 5 years on the EO Advisory Committee to the UK Space Agency and chaired the Industrial Advisory Group on Commercial EO Regulations. She currently serves on the Satellite Applications Catapult Advisory Group, the Regional Catapult Advisory Board, the UK Space Growth Partnership and the Advisory Board to the Spatial Finance Initiative.

Julia Walker
Head of Government and Industry Affairs, Refinitiv

Julia is currently the Global Head of Government and Industry Affairs focusing on Sustainable Finance and Risk at Refinitiv. She is also Author/ Editor of ‘Sustainable Development Goals; Harnessing business to achieve the SDGs through Finance, Technology and Law Reform’ published by Wiley Uk, 2019, and contributor to ‘The RegTech Book’.


Future of Sustainable Data Alliance

The Future of Sustainable Data Alliance

Launched at the World Economic Forum Annual Meeting 2020, The Future of Sustainable Data Alliance was formed to ensure investors and governments have the data they need to meet the requirements of regulators, citizens and market demand for sustainable investments and portfolios.
Together with our partners, we aim to achieve the following goals:

  • Articulate future data requirements of investors and governments to accurately integrate ESG data into decision making
  • Determine data needs and how to satisfy them for investors wanting to take greater account of SDG related risks and impacts
  • Promote new capabilities – highlight the key role that new technology and data sets must play in the transition to sustainable development

Biodiversity loss: Why your portfolio is already at risk

Data Governance: Avoid the Damage of Data Restriction

How is biodiversity loss impacting your investment portfolio?

The World Economic Forum (WEF)’s 2020 Global Risks Report ranks biodiversity loss and ecosystem collapse as one of the top five risks in terms of likelihood and impact in the coming 10 years.

Compounding this, COVID-19 demonstrates the staggering scale of nature-related systemic crises.

Join The Future of Sustainable Data Alliance and the Finance for Biodiversity (F4B) Initiative for a webinar on Wednesday 27 May, where we will discuss biodiversity- and nature-related financial risks, and how to leverage data to create a more sustainable investment portfolio.
Key take-aways include:

  • Understanding the current state of biodiversity, and nature-related financial risks
  • One world – How does biodiversity loss affect the global financial system?
  • How are policy-makers and industry players responding to these risks?
  • In the face of COVID-19, what lessons can we learn about nature?

Event Info

Date: This webinar is over. You can still access the webinar on-demand through the form on the right. Time: – Location: Complete the form on the right to access the recording Speakers:

  • Robin Smale, Director, Vivid Economics
  • Ladislas Smia, Co-head of Responsible Investment Research, Mirova
  • Julia Walker, Head of Government and Industry Affairs, Sustainable Finance and Risk, Refinitiv
  • Jean-Guillaume Pelada, Fund Manager, Head of Environmental Strategy, Sycomore AM

Robin Smale
Director, Vivid Economics

Robin is an economist who focuses on business and government strategy in resource-based sectors, manufacturing and infrastructure. He specialises in the market-state interface, especially resources management, corporate strategy, investment decisions, financial structures and financial market development, legal, regulatory and institutional reform. Much of his current work is focused on finance related land use and biodiversity, and provision of green infrastructure in and around cities.

Over the last two decades, he has worked with a large number of companies and government departments across a great range of problems. His commercial clients include firms in the following sectors: oil and gas, power, water, waste, chemicals, paper, glass, rail, aviation, shipping, technology, and food. His public clients include national governments, government agencies and regulators, as well as private equity, banks, infrastructure funds, strategic advisory firms, and legal services.

He was a founder member of the UK government’s Natural Capital Committee and acts as an international expert to the China Council. He oversees Vivid Economics’ finance and legal operations.

Ladislas Smia
Co-head of Responsible Investment Research, Mirova

Ladislas Smia is co-head of the Responsible Investment Research department at Mirova, the Responsible Investment division of Natixis Investment Managers. He began his career at PwC as a consultant in sustainable development, where he spent 3 years. In 2010, he joined Natixis Asset Management as an SRI analyst, specializing in investment in Energy and Information & Communication Technologies. Ladislas Smia is a graduate of the engineering school “Les Mines de Nancy”. He is also a graduate of the HEC Paris business school, with a Masters in Sustainable Development.

Julia Walker
Head of Government and Industry Affairs, Refinitiv

Julia is currently the Global Head of Government and Industry Affairs focusing on Sustainable Finance and Risk at Refinitiv. She is also Author/ Editor of ‘Sustainable Development Goals; Harnessing business to achieve the SDGs through Finance, Technology and Law Reform’ published by Wiley Uk, 2019, and contributor to ‘The RegTech Book’.

Jean-Guillaume Peladan
Fund Manager, Head of Environmental Strategy, Sycomore AM

Jean-Guillaume Péladan has been working for 14 years as an engineer in wastewater treatment, then as managing director of waste management business units of Suez. He completed this field experience with a couple of years at the Boston Consulting Group. In 2010, he joined the French Environment and Energy Management Agency, ADEME, as Director of Investments for the Future, in charge of a €3.3bn funding program dedicated to innovation for the green transition. In 2015, he joined Sycomore AM as head of the environmental strategy and launched Sycomore Eco Solutions, the first listed equity fund to get the Greenfin certification in 2016. His work led to the development of the Net Environmental Contribution, an advanced metric, tested and deployed over more than 2,000 issuers and shared on the open-source platform of the NEC initiative since 2019.

Graduated with a Master’s degree of science from Ecole Polytechnique and of engineering from Mines ParisTech, Jean-Guillaume is an environmental expert, a lecturer and a writer. He has been engaged in NGOs, such as The Shift Project and the French Center of Young Entrepreneurs. He is currently board member of the French Sustainable Investment Forum and of the NEC initiative.


Future of Sustainable Data Alliance

The Future of Sustainable Data Alliance

Launched at the World Economic Forum Annual Meeting 2020, The Future of Sustainable Data Alliance was formed to ensure investors and governments have the data they need to meet the requirements of regulators, citizens and market demand for sustainable investments and portfolios.
Together with our partners, we aim to achieve the following goals:

  • Articulate future data requirements of investors and governments to accurately integrate ESG data into decision making
  • Determine data needs and how to satisfy them for investors wanting to take greater account of SDG related risks and impacts
  • Promote new capabilities – highlight the key role that new technology and data sets must play in the transition to sustainable development