Paris Conference Agenda

Day 1:
Wednesday 6th December 2017
08:30 - 09:00
Delegate registration
09:20 – 10:00
10:00 – 11:15
Strategy for sustainable finance

Institutional investment in sustainable infrastructure is fractional and far from what is needed to meet the UN Sustainable Development Goals by 2030. Coupled with a pension deficit in Europe estimated at around EUR 428 bn, the demands for better mobilisation of capital has never been so great. What are the best ways to mobilise public and private sources of capital towards sustainable investment ? How effective is regulation in driving reform? 

11:30 - 12.00
Networking refreshment break
12:00 - 13:30
Hosted Sessions
Session 1 Hosted by MSCI
Session 2: Corporate governance in action – case studies Hosted by Pomerantz

This session will review the developments of cases examining the regulatory, corporate governance and litigation issues in each case and how shareholders could exert their rights against these companies. The panel will offer perspectives on the differences/similarities between the legal possibilities available in the North America and Europe to prevent misconduct whilst improving corporate health and building long-term shareholder value.

Session 3 Hosted by BNP Paribas Asset Management
13:30 - 14:30
Networking buffet lunch
14:30 - 15:30
Responsible capital allocation

Excess cash and cheap debt call for intense scrutiny by investors on a company’s  capital allocation strategy to avoid short-term tactics. This includes how companies  deploy capital through acquisition, capex, research share buybacks or dividends and how this ultimately shapes their ability for long- term development. What are the fundamenetal issues at stake and how do they effect different stakeholders?

15:30 - 17:00
Afternoon refreshment break & extended networking
16:00 - 17:00
Company and investor meetings (limited to 4 companies)

Local companies are invited to meet with global investors to discuss their governance and strategy arrangement for the year ahead. 

17:00 - 18:00
Focus on France: Implementing Article 173

Article 173 came into effect last year requiring French asset owners to report on their carbon risks and climate policies on a comply or explain basis. Asset managers – including overseas managers with French clients – are also required  to report. How have investors been dealing with the new transparency laws and what is the trickle effect across the investment chain? 

18:00 - 19:30
ICGN Welcome Reception
Day 2:
Thursday 7th December 2017
08:30 - 09:00
Delegate registration
09:00 - 09:10
09:30 - 10:30
Optimising board effectiveness and equilibrium

There is common consensus around the value of board diversity to enhance decision-making and effectiveness. However, many markets still struggle to achieve tangible progress in balancing gender representation and diversity in general. How is the subject addressed by investors in company engagements and what resources do they have at their disposal to make informed decisions? Is diversity any better in investment houses and, if not, how can improvements be made?

 

10:30 - 11:00
Networking refreshment break
11:00 - 12:00
Enhancing the quality of investor stewardship for strategic company engagement and long term success.

How will new transparency rules impact the quality of shareholder engagement on investee company strategy and long term performance? How can asset owners ensure that their duty to incorporate ESG considerations in investment decision-making is effectively delegated? How this is communicated as part of company engagement efforts and what are the escalation techniques where dialogue is failing? 

12:10 - 13:10
Hosted sessions
Session 1 Hosted by Mazars
Session 2: Integrating ESG: How to allow for extra-financial risks without restricting your investment universe Hosted by Allianz GI

Through this session, we would like to raise the importance of integrating Environmental, Social and Governance criteria throughout our entire investment value chain.

13:10 - 14:00
Networking buffet lunch
14:00 - 15:00
Incentivising for longer term thinking and behaviour in the investment chain

Incentive structures throughout the investment chain are said to be flawed and at odds with the long term liabilities of underlying beneficiaries. Pay seems to be less associated with the long term performance of companies and more about short term returns. How can this be addressed? Will enhanced transparency encourage positive change? How can asset manager remuneration be better aligned with the profile and duration of asset owner liabilities? 

15:00 - 16:00
Encouraging greater stakeholder inclusivity in corporate governance

A primary role of the board is to promote the success of the company in the interests of shareholders and relevant stakeholdersSome would argue that stakeholders need a greater voice in holding companies to account. Ways in which this could be achieved include greater board diversity, advisory committees or designated non-executive directors to represent stakeholder interests. How do these approaches work in practice and what are the effects on the traditional role of directors and shareholders in keeping a check and balance on corporate governance?

16:00 - 16:15
Closing remarks