Washington DC Agenda

Wednesday, 1st March 2017
14:00 - 15:00
Delegate registration
15:45 - 17:00
Plenary 1: Building public trust - income inequality as a business/investment risk

Brexit and the unprecedented divisive U.S. presidential campaign have shown us that income inequality can have political ramifications that could impact the long-term economic trajectory of a country, creating macroeconomic shocks that negatively impact shareholder returns. What can now be done to build trust between governments, companies and societies? How can companies build strategies that are inclusive of stakeholder interests? What actions should directors take to mitigate the negative impacts of income inequality in the short and long-term? How should investors evaluate and take action on this emerging risk? 

17:00 - 19:00
Welcome Reception
Thursday, 2nd March 2017
07:30 - 08:45
Breakfast debates
Panel 1: Continuing the conversation on non-GAAP Hosted by CAQ

As regulators continue to focus on non-GAAP financial measures, what are the best ways to meet investors’ needs for reliable and timely financial information and non-GAAP financial measures? Why are these metrics helpful? What metrics do investors value most when making decisions and how do investors trust that the information is reliable? How are companies using non-GAAP to tell their stories? What is the Board’s role?

Panel 2: Alternative tools to establish corporate governance changes at listed companies Hosted by Kessler Topaz Meltzer Check LLP

The session will explore shareholder proposals and shareholder derivate & corporate governance litigation as tools to establish corporate governance improvements at investee companies.  There will also be a focus on the  governance shareholder proposals on the AGM agendas during the proxy season 2017.

09:00 - 09:10
09:40 - 10:40
Plenary 2: Global stewardship in action: Investee company monitoring, voting and engagement

Effective stewardship relies on proactive investee company monitoring, voting and engagement by investors and a willingness to enter into dialogue by companies. What does empirical data show on the increased volume of stewardship activity and gains in investor/corporate reporting. How can we build trust between companies and investors around voting decisions? Can voting decisions be refined to link to corporate financial performance over appropriate time periods? What are the minimum reporting standards and how are results reported to clients, beneficiaries and other stakeholders.

10:40 - 11:10
Networking refreshment break
11:10 - 12:25
Hosted sessions


Session 1: Corporate governance in action – case studies: Libor, Deutsche Bank & Fiat Chrysler class actions 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 2: Climate Competent Boards: Investor Engagement Opportunities in 2017 and Beyond Hosted by The 50/50 Climate Project

Panelists will discuss the meaning of board climate competency and why and how investors can effectively engage boards to transform themselves to better manage and oversee climate change risks and opportunities - including when setting long-term business strategy, calibrating risk, making succession planning and executive compensation decisions and allocating capital. Examples from the 50/50 Climate Project's company focus list will be highlighted in the discussion.

 

12:25 - 13:25
Networking lunch
13:25 - 14:25
Plenary 3: Shareholder engagement with controlled companies

This session will address some of the special issues that arise when shareholders engage with companies that have a dominant or controlling shareholder.  How do shareholder governance issues differ between broadly-held companies and those with identified control? What roles are appropriate for the controlling shareholder, the Board and management when in shareholder dialogue?  Do controlling shareholders have special obligations to minority shareholders and in particular, how transparent should they be about their relationship with the company, their objectives of ownership and long-term plans for the company?

14:25 - 14:45
Refreshments
14:45 - 15:45
Plenary 4: Engaging companies on environmental and social responsibilities and strategies

The concept of ESG is now mainstream but the reality is that we are still at a very early stage of adoption by companies and investors alike. How are ESG risks and opportunities prioritised, analysed and integrated into investment and business decision making approaches? What can we learn from leaders in the field and the examples they have set? 

15:45 - 16:00
Closing Remarks

Leaving Refreshments