Kuala Lumpur Agenda

Pre-Event Acitivities:
Monday 10th July 2017
14:30 - 17:00
ICGN Board Meeting
16:30 - 18:30
GNIA Meeting
13:00 - 18:00
Academic Day Details to be confirmed
Day 1:
Tuesday 11th July 2017
08:30 - 09:30
Committee Meetings
  • Integrated Business Reporting Committee chaired by Claudia Kruse, APG Asset Management
  • Shareholder Responsibilities Committee chaired by Carol Drake, OhioPERS and Niels Lemmers, Dutch Shareholders' Association  
  • Business Ethics Committee chaired by Peter Montagnon, Institute of Business Ethics
09:45 - 10:45
Committee Meetings
  •  Accounting and Auditing Practices Committee chaired by Gary Buesser, Lazard and Liz Murrall, Investment Association
  • Corporate Risk Oversight Committee chaired by Brian Barnier, ValueBridge Advisors, LLC and Carola van Lamoen, Robeco 
  • ICGN 2018 Annual Conference Planning Meeting chaired by Elle Thomas, ICGN and Massimo Menchini, Assogestioni
10:00 - 11:00
Press Conference
11:00 - 12:00
Committee Meetings
  • Shareholder Rights Committee chaired by Bram Hendriks, NN Investment Partners and Eugenia Jackson, Allianz
  • Remuneration Committee chaired by Catherine Jackson, Selegna, Inc.
  • Stewardship Code Developers Meeting chaired by Kerrie Waring, Executive Director, ICGN 
12:00 - 13:15
Hosted Lunch Sessions
Session A: Engaging boards on workforce priorities: Talent strategies, opportunities and risks Hosted by EY

Businesses often identify people as their greatest asset, but fundamental changes in where, when and how work gets done can have a profound impact on a company’s strategy. Companies are adapting to disruptions beyond geopolitical market shifts, including those driven by the gig economy and the rise of big data, robotics and artificial intelligence. What related trends and risk factors should be on investors’ radar? How does the board oversee how management deploys and develops talent, including addressing skills gaps and building a diverse and inclusive culture that engages top employees while protecting the company’s brand and reputation?

Session B Hosted by Goal Group & ICP
13:30 - 15:45
ICGN Annual General Meeting
15:45 - 16:00
Refreshments
16:00 - 16:10
Welcome from ICGN Chairman
16:30 - 17:00
Opening Address
17:00 - 18:00
Plenary 1: Redefining capitalism for a sustainable global economy

Lack of public trust in capitalism, coupled with political instability in major markets around the world, is calling into question the effectiveness of global governance standards and practices.  Confidence in the purpose of capital markets which serves to drive corporate value, economic growth and social prosperity is at an all time low. What can be done to turn the tide and channel our energies into the achievement of critical initiatives such as the UN Sustainable Development Goals? What are the macro-economic drivers to bring about change and how can we, at an institutional and individual level, play our part?  

18:30 - 20:30
Welcome Reception
Day 2:
Wednesday 12th July 2017
07:30 - 08:45
Hosted Breakfast
07:30 - 08:45
ICGN Induction for new joiners!
09:00 - 09:15
Welcome Address
09:15 - 09:30
Keynote Address
09:30 - 10:30
Plenary 2: Global Round-Up: Governance priorities and challenges in major markets

Over the last decade there has been a dramatic shift in listings from developed to emerging markets resulting in a dominance of concentrated ownership in listed companies world-wide. Despite this fact, fundamental concepts of investor stewardship and corporate governance continue to focus on agency conflicts prevalent in broadly-held companies common in Australia, Japan, UK and USA. What are the governance issues that stem from different ownership structures? How are commonalities across Asian markets distinct from governance norms in markets dominated by broadly held companies? To what extent do regulators  embrace good corporate governance as a strategic issue or is it simply a compliance exercise? Is there a trend for some markets to disregard basic minority shareholder rights and how can this be overcome – if at all? 

10:30 - 11:00
Refreshments
11:00 - 11:20
Keynote Address
11:20 - 12:20
Plenary 3: Regional Round-up: unique characteristics in Asian markets

Each market in Asia has unique corporate governance characteristics and this session will provide a clear understanding of differences while drawing commonalities driven by initiatives such as the ASEAN Corporate Governance Scorecard.

 

12:20 - 13:15
Networking Lunch
13:15 - 14:30
Hosted Breakout Sessions
Session A: Addressing the negative implications of short-term strategies Hosted by KPMG

Corporations are subjected to various reporting requirements and performance measurements which may cause ‘short termism’. Short-termism can result in under-investment, adoption of short term goals and in an extreme scenario – mismanagement of financial numbers and fraud. What role can the audit profession play to help bring attention to the negative implications of short-term strategies?  Is there a role for broader assurance over KPIs reported outside of the financial statements? 

Session B Hosted by MSCI
14:30 - 15:00
Refreshments

 

15:00 - 16:00
Plenary 4: Contrasting approaches to board composition: Is there an optimum model?

This session will examine the pros and cons of different models of board composition across major markets.  What are the challenges facing boards comprised solely of independent directors prevalent in the USA. Is the UK system with executives, non-executives and independent non-executives an optimal approach? How is succession managed in family controlled companies and what can directors do to be more effective in their oversight role? This session will also assess progress to improve gender diversity on boards as well as broader social and economic factors including the rising debate around employee representation.

16:30 - 17:45
Company Engagement Sessions


19:00 - 22:00
Conference Dinner Hosted by BNP Paribas Investment Partners & VCAP Asset Management
20:00 - 20:30
ICGN Awards
  • Introduced by:
Day 3:
Thursday 13th July 2017
07:30 - 08:45
Hosted Breakfast Sessions
Session A Hosted by Nestle
09:00 - 09:15
09:15 - 10:30
Plenary 5: The dynamics of investor stewardship in the face of multiple corporate structures

Investor stewardship is promoted in many markets in Asia to encourage more active company and shareholder engagement. How should international investors’ stewardship approach be adapted to take account of local corporate and market culture? How do the engagement topics vary between countries: Are any issues off limits? To what extent is engagement encouraged and with whom – boards or executive management? What initiatives are being undertaken to encourage dialogue between companies and investors to help preserve and enhance long-term corporate value and sustainable capital markets?

 

10:30 - 11:00
Refreshments
11:00 - 12:30
Hosted Breakout Sessions
12:30 - 13:30
Networking Lunch
13:30 - 14:30
Plenary 6: Enlightened approaches to corporate reporting

Are there differences in the scope of reporting/disclosure between Asian and Western countries? How is Asia responding to the ESG demands of globally diversified investors? What is the appetite for ‘integrated reporting’ in the region? What level, quality and frequency of reporting can we reasonably expect?

14:30 - 15:30
Plenary 7: Responsible Investment – incorporating ESG as the norm and not the exception

The concept of responsible investment is gathering pace but some would say at tortoise speed. At what point can we drop the ‘R’ from ‘RI’ and consider the integration of ESG factors as mainstream? How are ESG risks and opportunities being considered by companies and investors alike? In this final session, companies will describe their approaches to managing issues such as human rights, water scarcity and carbon asset risk. Investors will share their insights into ESG analysis for the investment strategies of integration, engagement, voting and screening, risk profiling. 

 

Day 4:
Friday 14th July 2017
07:15 - 07:30
Meet at the Shangri-La Hotel
07:30 - 09:00
Bus journey
09:00 - 14:00
Tour of Sime Darby Plantation

We are delighted to offer our international delegates the opportunity to participate in a site visit to Sime Darby Plantation on Friday, 14 July 2017 at Carey Island. Sime Darby Plantation is the plantation and agri-business arm of the Sime Darby Group and is involved in oil palm, rubber and sugarcane cultivation, plantation management, downstream activities, cattle rearing, agribusiness and food, as well as Research & Development (R&D).

The merger of Sime Darby Berhad, Golden Hope Plantations Berhad and Kumpulan Guthrie Berhad (completed on 27 November 2007) established Sime Darby Plantation as one of the world’s largest palm oil producers. Today, Sime Darby Plantation produces approximately 2.4 million tonnes or 4% of the world’s annual crude palm oil (CPO) output of which about 2.2 million tonnes are Certified Sustainable Palm Oil (CSPO). 

14:00 - 16:30
Bus journey back to Shangri-La Hotel
To book:

This site visit is available to a maximum of 80 participants.  Buses will leave the Shangri-La Hotel in the morning at 07:30. The site visit take place from 09:00 to 14:00. Eligible delegates who are interested in attending should please email Ravina Patel Ravina.Patel@icgn.org for more information and to book a place for the site visit. 

*This programme is subject to change