Implications on Financial Flows after COP26 – A Board Perspective.
Many countries have put forward ambitious 2030 emissions reduction targets (NDCs) that align with reaching net zero by the middle of the century, and business has a critical role to the low carbon transition. At COP26, international financial institutions are expected to be to redirect trillions in private and public sector finance to support the global adaptation and mitigation plan.
As the governing body of companies, boards will need to understand how they best can support their companies to attract finance going forward. This seminar will explore the implications on financial flows for companies after COP26.
- What will investors and creditors demand of businesses, in light of climate change and the conclusions from the COP26 meeting?
- What new financial flows and trends are emerging?
- What can companies and boards do to meet new requirements?
- What are the changing expectations on boards, and what good practices are emerging?
- What will happen to those companies that cannot attract finance? Is divestiture the answer?
On November 23 at 13.30 CET, 20:30 HK, 7.30 AM EST The Climate Governance Initiative in collaboration with World Economic Forum invites you to a one-hour webinar discussing Implications on financial flows after COP26 – a board perspective. The webinar is organized by the Nordic Chapter, Boards Impact Forum.
Panelists and Moderator:
Laura M Cha – Chairman, Hong Kong Exchanges and Clearing, NED of Unilever, Senior International Advisor of FAM Sweden AB, Director World Federation of Exchanges, Vice Chairman of the International Advisory Council of the China Securities Regulatory Commission
Werner Schnappauf – Chair of the German Council for Sustainable Development, Senior Advisor to Bank of America, Partner Graf von Westfalen, Former Member of the Supervisory Board of Allianz Deutschland, State Minister for Environmental Protection and CEO of the Federation of German Industries.
Carine Smith Ihenacho – Chief Governance and Compliance Officer at Norges Bank Investment Management, Manager of Norwegian Government Pension Fund with 1,4 Trillion dollars under management, the largest single owner in world stock markets with holding in 9000 companies
Magnus Billing – CEO at Alecta, 5th largest pension fund in Europe, 130 Billion dollars under management and recognized for its trailblazing sustainability focus. Previous CEO of Nasdaq Nordic and of EU high level expert group on Sustainable Finance
Moderator: Liselotte Engstam, Board member of the Climate Governance Initiative in collaboration with World Economic Forum & Chair of the Nordic Chapter Boards Impact Forum. Chair and NED of listed and private companies.The session is open to the global network and convene board members, regulators, experts, academia, and other corporate governance leaders, with the aim to be relevant to boards of directors enabling them to act upon the risks and opportunities that the climate emergency poses to the long-term resilience and business success of their companies.