Pre-AGM Symposium: ESG and the Role on Derivatives
Tuesday, May 10 to Friday, August 5, 2022Online
Jurisdictions across the globe are putting policies in place to reduce emissions and drive investment to more sustainable businesses and technologies. This event will explore the various regulatory initiatives to support the shift to a green economy and consider the impact on market participants. It will also examine the role of derivatives as a means of helping firms meet their sustainability objectives, the impact of capital requirements, and progress in developing standard documentation.
This is a pre-recorded In-Person Conference
Recording available until August 5, 2022
This is an ISDA Virtual Conference:
- This is a recording of the Pre-AGM Symposium: ESG and the Role of Derivatives in-person conference which took place in Madrid on May 10, 2022
- Registrants will have access to the recording until 5:00 PM EDT on August 5, 2022
- After submitting your registration you will receive a confirmation email with a link to view the documents and recording
1:00 PM Introduction and Welcoming Remarks Steven Kennedy
1:05 PM The Regulatory Agenda Steven Kennedy, Caroline Dawson, David Henry Doyle, Jeffrey L. Steiner
The European Union is well advanced in developing a package of regulatory measures to support a reduction in net greenhouse emissions and encourage green investments. Other jurisdictions have also prioritized the issue, with a variety of initiatives in the pipeline. This session will cover the current and future direction of ESG-related policy initiatives in the EU, UK and elsewhere, and consider the implications for derivatives markets.
Moderator: Steven Kennedy, Global Head of Public Policy, ISDA
Caroline Dawson, Partner, Clifford Chance LLP
David Henry Doyle, Head of Government Affairs & Public Policy, EMEA, S&P Global
Jeffrey L. Steiner, Partner, Gibson, Dunn & Crutcher LLP
1:50 PM The Drive for Standard Documentation Peter Werner, Qian Hu, Victoria White, Ingrid York
The development of contractual standards for ESG-related products is a fundamental step in the further development of this asset class. This session will consider issues relating to sustainability-linked derivatives and how to document them.
Moderator: Peter Werner, Senior Counsel, ISDA
Qian Hu, Partner, Jones Day
Victoria White, Senior Associate, Allen & Overy LLP
Ingrid York, Partner, White & Case LLP
2:35 PM Break
2:50 PM The Impact of ESG on Capital Panayiotis Dionysopoulos, John Ho, Veronique Ormezzano, Lars Overby
There has been increased focus on disclosures for ESG risks and risk management framework to monitor and manage these risks. What steps are regulators taking to encourage and standardize practices for addressing climate-related financial risks? Is further capitalization necessary and how do regulatory capital rules treat carbon and other ESG products?
Moderator: Panayiotis Dionysopoulos, Head of Capital, ISDA
John Ho, Head, Legal, Financial Markets, Standard Chartered Bank
Veronique Ormezzano, Head of Group Prudential Affairs, BNP Paribas
Lars Overby, Head of Risk-based Metrics Unit, European Banking Authority (EBA)
3:35 PM Developments in ESG and Sustainability-linked Derivatives Bella Rozenberg, Chris Arnold, Claudia Balsamo, Kristell Herbault, Tim Rohkemper, CFA
A variety of ESG-related transactions that link returns to sustainability performance and impact have emerged, alongside ESG derivatives. How are these products being structured and documented to ensure they support the transition to a more sustainable economy? To what extent are ESG indices and derivatives being used in trading, investment and hedging strategies?
Moderator: Bella Rozenberg, Senior Counsel & Head of Regulatory and Legal Practice Group, ISDA
Chris Arnold, Partner, Mayer Brown International LLP
Claudia Balsamo, Corporate Solutions Team, IMI CIB Division, Intesa Sanpaolo SpA
Kristell Herbault, Product Engineer, Sustainability Solutions for Global Markets Activities, Director, Société Générale
Tim Rohkemper, CFA, Head of ESG Equities Structuring, GMD, Goldman Sachs