Greenwashing or Greenwishing: Can standardization help navigating the ESG-jungle?

05 Feb 2021, 12:15 - 13:15

Webinar

1 PL Credit(s)

Event Details

Webinar Resources

Environmental, Social and Governance (ESG) Investing is gaining an increasing importance in the investment community. Investors are facing the challenge of navigating in the myriad of ESG investment approaches and products. It is not always easy to steer clear of investments that just pretend to be ESG (“greenwashing”). On the other hand, many investment products believe to be ESG, but fail to achieve the intended impact (“greenwishing”). With regulators driving the ESG regulatory agenda, the investment industry is seeking a pragmatic standardization of practical ESG investment aspects in order to help investors avoid pitfalls and achieve their objectives.

 

In 2020 CFA Institute issued a consultation paper on the potential ESG Disclosure Standards for Investment Products for public comments. Based on numerous positive responses received, CFA Institute is currently developing these Standards with the aim of publishing the exposure draft towards the end of 2021.

 

Join us for this live Q&A discussion with the practitioners from the ESG Committee of CFA Society Switzerland who will discuss how the investment community will benefit from the standardization of ESG Investing and provide practical tips on addressing issues with implementation of ESG investment strategies”.

CFA Society Switzerland members can record PL credit  for their participation using the online tracking tool (CFA Institute login required).

Speakers

Dr. Stephan Skaanes, CFA

Dr. Stephan Skaanes, CFA

Stephan Skaanes studied economics at the University of Zurich, specialising in banking and finance, and completed his doctorate on the topic of "Factors Influencing the Strategic Asset Allocation of Swiss Pension Funds". He has many years of experience in the field of pension fund consulting and has completed various further training courses (CFA, CAIA Charterholder and FRM Financial Risk Manager). Since 2010, Stephan Skaanes has been a partner, member of the Executive Board of PPCmetrics AG and Head of the Investment Consulting & Controlling Department. In addition, he is a lecturer at the University of Zurich and the University of Applied Sciences for Employee Benefits. He is also a member of the "GIPS Asset Owner Subcommittee" of the CFA Institute. Furthermore, Dr Stephan Skaanes is a member of the Swiss ESG Advocacy Committee of the CFA Society Switzerland.

Aurélie Made, CFA

Aurélie Made, CFA

Aurélie is a senior industry leader in portfolio management with more than 10 years' experience in finance (banking and asset management) focused on private and listed fixed income and credit investments in developed and emerging markets. She is passionate about impact and sustainable investing and has a proven track record managing portfolios and developing new investment instruments, strategies and business partnerships. Aurelie holds a “Diplôme de Grande Ecole de Commerce” from INSEEC Group and a Master in Applied Finance from Macquarie University. She is also a CFA charterholder and has recently passed the FRM EXAM Part I and the Cambridge Business Sustainability Management Course.

Michael Haene, CFA

Michael Haene, CFA

Michael Haene is a member of the investment team of the City of Zurich Pension Fund. His main responsibilities include corporate investments (incl. equities, listed corporate bonds and senior loans), the Fund’s sustainability and climate strategy as well as various projects related to strategic asset allocation. He has been working in the industry for more than 20 years and previously worked with Deutsche Asset Management as a Multi-Asset Portfolio Manager, with Credit Suisse as Associate Strategist, Investment Risk Analyst and Multi-Asset Portfolio Manager and with Neue Aargauer Bank as a Foreign Exchange Trader. Michael Haene has an MAS in Pension Fund Management from the University of Lucerne, a BA in Philosophy and Social Anthropology from the University of Fribourg, and a Diploma in Business Administration. He is both a CFA charterholder and a Financial Risk Manager certified by the Global Association of Risk Professionals. During 2019-2020, he completed in the Advanced Sustainability Executive Program of University of St. Gallen (HSG) & Mission Possible Foundation.

Dimitri Senik, CFA (Moderator)

Dimitri Senik, CFA (Moderator)

Dimitri Senik, CFA, leads the Investor Trust Services at PwC Switzerland. He provides assurance services to investment managers and investors with respect to investment process and governance, investment performance and risk management, GIPS compliance and ESG Investing. Dimitri Senik is also a member of the Investment Committee of the Pension Funds of PwC Switzerland. He has been a long-standing volunteer in the standard-setting bodies for the GIPS standards and is the Chair of the GIPS Technical Committee of CFA Institute and a member of the GIPS Expert Group of the Asset Management Association Switzerland. Dimitri also chairs the newly formed ESG Verification Subcommittee of CFA Institute. Dimitri holds a degree in international economics and is a CFA Charterholder and Chartered Certified Accountant.