TÜV Rheinland’s Webinar: Greener Finance’s best friends – ESG ratings and Technical standards

HONG KONG SAR – Media OutReach – 19 August 2021
– The world has agreed to Green/Sustainable Finance as one of the major
tools for climate impact mitigation and adaptation, and NOW is the time for the
decade of action to take effect. A lot is happening in the Environmental,
Social, Governance (ESG) space, and has been for some time. To label a company
or an investment fund “green” or “sustainable” is a must
nowadays if you want to attract investors.

At
this webinar on 1 September 2021 (Wed) 10 am – 11:30 am (GMT+8), organized
by TÜV Rheinland Hong Kong, speaking respectively on policy drivers for
Green/Sustainable Finance, decision-useful reporting standards & metrics, and
converting data/metrics to actionable ratings will be Rakesh Vazirani, Head of
Sustainability Services, TÜV Rheinland together with Jennifer Chan, Chairman
and Non-Executive Director, DT Capital, Chad Spitler, Founder & CEO, Third
Economy, and Katie Schmitz-Eulitt, Director of Investor Relationships – SASB,
Value Reporting Foundation.

Government and policymaker interest in
sustainable finance and investment has grown dramatically since the start of
the century. Of the policies identified by the PRI, 95% have been developed
since the year 2000. The pace continues to increase – the PRI identified 124
new or revised policy instruments in 2020, the highest number so far and 32
more than the previous year. As sustainable finance and investment policies are
developed, driving investments towards sustainable, inclusive, and zero-carbon
economies will require aligning regulatory frameworks globally.

Businesses and investors today face a
particular challenge when it comes to sustainability and corporate
responsibility. We know that awareness and performance in sustainability writ
large correlates to better financial performance, and that higher levels of
mandatory reporting of sustainability metrics in various forms are required
across the globe in order to provide comparable metrics within and across
sectors. Comparable metrics are critical to the policy decisions that need to be
made to address global sustainability challenges. To date, ‘best metrics’ selection
has been driven in large part through consensus building across stakeholder
groups.

Key ESG data can play a significant role in
understanding the risks and opportunities likely to influence that potential.
Investors are eager to see financially material sustainability data become more
readily available and more standardized, and they laud participating companies
for contributing to that vision. Investors also prefer that ESG performance be
broken out at the function or business unit level to allow for apples-to-apples
comparisons.

To learn more about the latest ESG and
technical standard developments, please click
here to register for the webinar: 

 Agenda

A. Family Offices, Independent Directors -
Gearing Up to Excel at ESG

B. Sustainable Finance on Steroids

C. Level Playing Field and Ready to Score

D. Same-Same But Different – Converting Data/Metrics
to Actionable Ratings

E. Achieve with Technical Standards

#TÜVRheinland