Day 2 Agenda - Professional Pensions
Wednesday 23 June 2021
Day 2 will focus on sessions aimed at the Professional Pensions audience of pension consultants, trustees, scheme managers and more.
Registered delegates will get access to the entire Festival so please do feel free to take a look at all of the agendas. While we hope you will be able to attend as many sessions as possible, we understand that you are busy professionals so you are welcome to attend as much as time allows. The platform we are using to host the digital event allows you to easily log in and out of the event.
New Climate Change Governance and Reporting Regulations will apply to trustees of larger schemes from October 2021. Trustees will need to get ahead in order to ensure that they are ready to meet the new obligations relating to climate related risks and opportunities from October 2021.
Stuart O’Brien, Partner at pension law firm Sackers will consider the practical implications of the draft regulations and new statutory guidance. The session will focus in particular on those aspects that trustees will likely need to spend most time preparing for, such as scenario analysis, agreeing metrics and setting targets, as well as how trustees should align their approach with their fiduciary duties.
This session explain the key drivers behind the rapid rise of Clean Energy and the investment opportunities this creates:
- Public awareness and desire to change
- Governments including the EU, China, Japan, UK and the US under President Biden are taking decisive action on both the climate emergency and air pollution
- Complete transformation of energy landscape. Wind and solar are now the cheapest sources of electricity generation, even without subsidy
- Complete transformation of transport industry: e-mobility and autonomous driving
- New manufacturing methods, with more software and A.I.
How does a pension fund look to make a positive impact on society, measure the non-finanical impact of their investments, prioritise climate change and improve ESG risk awareness?
This session will look at how passive investing in both defined contribution and defined benefit pension schemes is evolving in order to incorporate ESG and climate change factors, assessing the roadblocks to change and how these might be overcome.
The last two decades have shown that integrating sustainability into stock selection can enhance investment returns. In this session, Harriet Parker will discuss what the development over this period tells us about successful sustainable investing today, the key sustainable themes of the next decade, what the world will look like in 10 years’ time and what this means for investors now.
Impact can sound like a bit of a stretch for trustees when surrounded by a discombobulating myriad of responsible investment acronyms. Take a step back and consider impact with us, as one of many investment lenses available to you. An impact lens enables us to identify not only megatrends for the next 5, 10, 15yrs, and companies that are aligned with them, but also helps avoid risks and companies that are perhaps lagging behind. Discover how high intensity impact and robust financials make a potent combination.
This session will explore why net zero commitments are so important, what challenges are faced when delivering on these pledges, and what steps need to be taken to deliver on these promises.
- How have schemes amended their SIPs and what does a good implementation statement look like?
- What impact does the increased public disclosure have on schemes and trustees?
- Preparing for future incoming ESG regulation and policy
- The importance of top-down ESG factors (e.g. policy related to climate change or health care, government control of public companies, embargos & tariffs)
- How can pension funds avoid the unintended consequences of divestment?
- Why does active management complement stewardship?
- Spotlight on active ownership opportunities in emerging markets and small caps
- How can pension funds effectively hold their fund managers to account?
- What does net-zero investment look like?
- How can returns be measured?
- Challenging company boards on their net-zero carbon emission policies
Examining the role of investment consultants in supporting asset owners and their growing needs to adopt approaches to sustainability.
- Planning your approach for building ESG into the pension scheme portfolio
- Stewardship obligations and practical ways to make a difference
- Addressing member concerns
Reporting on climate risk