New York Event Agenda

Monday 22 Oct
08:30 - 09:00
Delegate registration
09:00 – 09:15
Opening Remarks
09:15 – 09:20
Conference Introduction
09:40 – 10:40
Plenary 1: A new era for investor duties and sustainability

In May, new legislative proposals were announced by the European Commission which will come into effect in 2019 around investor fiduciary duties to embrace sustainability and enhance  disclosures. In the U.S., by contrast, the government has warned fiduciaries against too readily treating ESG factors as economically relevant and the tools (e.g. shareowner proposals) that investors have traditionally relied upon to advance sustainability disclosures on a company-by-company basis are under assault from the business groups and Congress.  How do these diverging regulatory trends impact global investors, their policies, engagements and collaborations?

10:40 – 11:00
Networking Refreshments
11:00 – 12:00
Plenary 2: Board decision-making for long-term value creation

Boards must be able to describe the company’s strategy for long-term value creation and sustainable growth to shareholders. This includes how they are dealing with environmental constraints such as climate change or responding to social risks such as wealth inequality. Initiatives such as the FSB’s Taskforce on Climate Related Disclosures helps to ensure better communication on how greenhouse gas emissions are factored into governance, strategy and risk management, but how confident are boards and investors in confronting issues which may result in stranded assets, disruption to supply chains as well as economic and political instability? How are companies embracing resource efficient business strategies such as renewable energy and smart technologies?  What do these broad systemic risks mean for corporate governance regulation and practice in general?

12:10 – 13:00
Hosted Sessions
Session A - Hosted by MSCI
Session B - Hosted by Pomerantz
Session C - To be annouced
13:00 - 14:00
Networking Lunch
14:00 – 15:00
Plenary 3: Board quality as a prerequisite for good governance

The role of the board is to promote the success of the company by driving long-term, sustained value through the effective oversight of management. Assessing the quality of corporate boards is notoriously difficult – either by investors or companies themselves. So what are the attributes of an effective board - unbiased leadership, appropriate diversity, an appropriate number of independent directors…? What can Nomination Committees do to retire the ‘zombies’ and unlock vacancies to encompass wider ethnicity, social class and cognitive reasoning.  How can investors truly assess the quality of board candidates and the process for regular board refreshment?  

15:00 – 15:50
Hosted Sessions
Session D - Hosted by BNP Paribas Asset Management
Session E – Hosted by ISS
Session F - To be announced
15:50 – 16:10
Networking Refreshment
16:10 – 17:10
Plenary 4: The rise of dual-class shares: a global perspective

Some see dual-class shares as a new breed that are creating alternative opportunities for shareholder value, others view them as an infringement to shareholder rights and inherently not in shareholder’s interests. Are dual-class share structures a pre-requisite for safeguarding long term corporate prosperity or simply a ruse for managerial entrenchment? What role should stock exchanges play in safeguarding minority investors? And does the prominence of index-linked passive investing mean that regardless of corporate governance concerns, dual-class shares are already deeply embedded in most investment portfolios?

17:10 – 17:15
Closing Remarks
17:15 – 20:30
Conference Networking Drinks & Dinner