Amsterdam ESG Course Agenda

14 Feb 2019
08:30 – 09:00
Registration
09:15 - 09:30
Participant Introductions
09:30 - 11:00
Module 1: Overview of ESG in practice and international guidance
  • Defining what ESG means in practice
  • Roles and responsibilities of market actors
  • History, origins, trigger points and empirical impact of ESG
  • Review of how institutions use ESG in investment and engagement to create value or manage risk
  • Analysis of how fund governance features affect investor capacity
11:00 - 11:30
Refreshments
11:30 - 13:00
Module 2: Managing ESG responsibilities: theory and practice
  • Understanding fiduciary obligation
  • The current state of ESG integration in theory
  • ESG integration: Who, what and where
  • ESG integration: The role of culture
  • The current state of ESG integration in practice
  • ESG function: where does it sit in an organization? What are its resources?
  • Influence of investor governance
13:00 - 14:00
Lunch
14:00 - 15:30
Module 3: How to conduct an ESG analysis of a company
  • Different approaches to ESG analysis for the investment strategies of integration, engagement, voting and screening
  • Key drivers of ESG integration and global trends
  • Introducing ESG measurement tools
  • Identifying material ESG issues: Sector approach
  • Examples of ESG integration: Company case studies
15:30 - 16:00
Refreshments
16:00 - 17:00
15 Feb 2019
09:00 - 10:30
Module 4: ESG and investment decision-making
  • Evaluating costs and benefits of ownership tactics
  • Incorporating ESG into investment time horizons
  • ESG integration process: The 'ESG Value approach' vs the 'ESG Risk profile approach'
  • Practical challenges to embed ESG into the investment process
  • Universal Owner principle: applying market-wide concerns to individual stakes
  • Application of ESG to different asset classes, including debt, property and private equity
  • Investment approaches to ESG: e.g. activist hedge funds, focus funds, relational funds
  • Approaches to ESG in indexed funds versus actively managed portfolios
  • Screening and exclusion strategies
10:30 - 11:00
Refreshments
11:00 - 12:00
Module 5: Managing shareholder voting
  • Value of the vote
  • How the voting chain works in different jurisdictions
  • Developing, implementing, and refreshing ESG voting guidelines
  • Working with internal voting decision makers and portfolio managers
  • Voting and engagement with portfolio companies
  • International dimensions and cross-border challenges
  • Understanding benefits, risks, and limitations of outside advisory services
  • How to address disclosure of proxy voting
12:00 - 13:00
Lunch
13:00 - 14:15
Module 6: Effective engagement and communications
  • Linking investment strategy and engagement rationale
  • The role of shareholders and engagements
  • Engagement planning – quantitative and qualitative assessment of targets
  • Corporate Governance case study – financial sector
  • Additional case studies on sustainability
  • Evaluating engagements
14:15 - 14:45
Refreshments
16:45 - 17:00
Programme Summary