Ireland's 4th annual ESG Day organised by the Sustainable Investing Working Group, and Sustainable Finance Ireland kicks off with a UN Principles for Responsible Investment (PRI) Irish members only signatory breakfast briefing.
Other events across the day will provide updates on the latest in EU ESG policy development, explore if Ireland’s corporate governance framework is fit for purpose in an ESG world, Ireland’s aviation aircraft leasing ESG activities and finally an important focus on the ‘S’ in ESG, including the different types of instruments being used to finance social activities.
ESG Day is proudly sponsored by ILIM and supported by Skillnet Ireland.
Jennifer Griffin, has been a member of the 100 Women in Finance NextGen Committee Dublin since its inception in 2018. 100 Women in Finance was founded in 2001 and nearly 20,000 members in 24 locations across the globe. Its mission is to strengthen global finance by empowering women to achieve their potential at every stage of their career. The NextGen Initiative is a global peer group for those in the first decade of their finance careers. Jennifer is also the Senior Risk Manager for KBI Global Investors Ltd a specialist provider of niche investment strategies for institutional investors headquartered in Dublin, she joined the firm in November 2016 and has over 7 years industry experience. She previously worked as an Enterprise Risk Manager focusing on the Strategic Top Risks with RBS, Future Williams & Glyn in Edinburgh between 2015 and 2016. Prior to this she worked in the Enterprise Risk Department of the National Treasury Management Agency (2013-2015) and with Allied Irish Bank as a Credit Risk Reporting and Market Risk Analyst (2011-2013). Jennifer graduated from University College Cork with an MSc in Financial Economics in 2011. She achieved the QFA designation in 2015 and the Diploma in Enterprise Risk Management from the IRM in 2020.
Fiona Reynolds, is the CEO of the Principles for Responsible Investment (PRI). The PRI is a UN supported organisation, with more than 4,000 signatories who collectively represent over US $100 trillion in AUM. She is responsible for the PRI’s global operations. Appointed in 2013, Fiona has 25 years' experience in the financial services and pension sector. She joined the PRI from the Australian Institute of Superannuation Trustees (AIST), where she spent seven years as CEO. Fiona was named one of the 20 most influential people in sustainability globally by Barron’s magazine and has twice been named one of Australia’s one hundred women of influence by the Australian Financial Review.”
Emma Jane Joyce, is Investment Director with the Ireland Strategic Investment Fund (ISIF) where she leads on the design and implementation of the Fund’s unique Sustainability and Responsible Investment Strategy across the whole Fund, Global and Irish Portfolios, multiple investment structures and asset types and across the life-cycle of investments. She represents the NTMA on number of sustainability platforms including SIF Ireland and the CDP Ireland Network (past Chair). Emma Jane has extensive investment experience and has held a variety of investment roles within the National Treasury Management Agency (NTMA), including responsibility for a number of International Equity Portfolios as part of the National Pension Reserve Fund’s (NPRF) Investment Management Programme. Emma Jane joined the NTMA from Mercer Investment Consulting. She is a graduate of both Trinity College Dublin (BA Mod Genetics) and the UCD Michael Smurfit Graduate School of Business (MSc in Management).
Laura Heuston, has spent most of her career working with corporates and asset managers in renewable energy and energy efficiency finance, advising on transaction structures for fundraising and M&A transactions. A chartered accountant and tax consultant, she has since pivoted to focus fully on sustainable finance, a broad topic that is increasingly on the agenda of policymakers, regulators, investors and financial services firms across investment, banking and insurance.
A leading expert in her field, she has in-depth knowledge of the global sustainable finance landscape. She advises, speaks and writes on a broad range of sustainable business and finance topics, with a particular specialism in EU sustainable finance policy, ESG, climate-related financial risk and opportunity, responsible investment and energy efficiency finance.
Laura previously worked with KPMG, Airtricity, and Sustainable Nation Ireland.
Dr. Margaret Cullen, is a specialist in the areas of corporate and investment fund governance. Margaret holds a PhD in governance from University College Dublin. Her doctoral research explored the role and effectiveness of boards of directors in investment fund governance. She is a published behavioral researcher with particular interest in board effectiveness, processes, dynamics and decision-making, board and corporate culture, stewardship and corporate social responsibility. Prior to completing her doctoral research, Margaret worked for 12 years in the financial services industry.Following completion of her doctoral research Margaret joined the Institute of Banking (IoB) as Director of Executive Education. She designed and directed the IoB's Certified Bank Director (CBD) and Certified Investment Fund Director (CIFD) Programmes from 2012. Margaret was the founding CEO and Academic Director of the Certified Investment Fund Director Institute (CIFDI), a specialist institute of the Institute of Banking (IoB) which focuses on raising professional standards in investment fund governance through its CIFD Programme. Margaret taught investment fund governance on the programme for 8 years up to April 2020.Margaret has been an assistant professor at the UCD Smurfit Business School since 2007 lecturing on the Professional Diploma in Corporate Governance (a Smurfit Executive Development programme) in the subject areas of directors roles and responsibilities, executive remuneration and behavioral aspects of boards and, since 2018, on the MSc in Accounting and Financial Management in the subject areas of Corporate Governance and Business Ethics. She is currently Co-Academic Director of the IoB’s CBD Programme on an associate basis and lectures bank governance on the programme. Margaret serves as a non-executive director on the boards of several financial services organisations. She has extensive board and board committee experience. She is a member of the Advisory Committee of the Fund Boards Council in the UK. Margaret is a Board Assessor for the Institute of Director's Board Evaluation Service.
Declan Kelly brings a depth of experience and knowledge from the aircraft leasing industry to the role, spanning a 30-year period. He began his career with Aer Lingus, later joined GPA and has previously held a series of senior roles within GECAS including most recently as Chief Commercial Officer.
Jan Melgaard has worked with financing, leasing and investing in commercial jet aircraft throughout his career. Prior to joining FPG Amentum in 2010 Jan was CEO of Nordic Aviation Capital and President/CEO of Volito Aviation (spearheaded a joint venture with Goldman Sachs).
Jan has been an active speaker at several industry events and conferences and has co-authored articles appearing in industry publications such as The Aviation Economist and AirFinance Journal. He received his MBA from Columbia University in New York.
Kieran O Brien is a partner in Management Consulting and is the lead advisory partner in the Aviation Finance practice. Kieran has 18 years’ experience of providing advisory services to the world’s leading Aviation companies in the areas of performance improvement and optimisation, finance efficiency, post deal integration / separation and setting up leasing platforms. Kieran also provides Financial Management services to our clients across a number of industries leading the transformation of finance functions in reporting, controls and providing management insight.
Jaime Gornsztejn is responsible for corporate engagements in Latin America and Russia and focusses on the industrials & capital goods sectors. Prior to joining EOS, he worked for the Brazilian Development Bank (BNDES), where he held executive positions in Brazil and the UK as banker in its Telecommunications Department, as portfolio manager in its Venture Capital Division and as a project finance manager at the Renewable Energy Department. More recently, as managing director of BNDES UK, he was responsible for setting up the bank's subsidiary in London. Jaime has also held executive positions as portfolio manager at Nortel Networks UK and as an adviser to private finance initiative projects at KPMG Corporate Finance UK. Jaime holds a BSc in Electronics Engineering from IME, the Military Institute of Engineering in Rio de Janeiro, an MSc in Telecommunications Engineering from PUC-Rio, the Catholic University of Rio de Janeiro and an MSc in Finance from Cass Business School in London. He is also chair of the board of the Brazilian Chamber of Commerce in Great Britain and serves on the Senior Advisory Council of the Brazil Institute at King’s College London.
Peter Stapleton, heads Maples and Calder's Funds & Investment Management team in the Maples Group's Dublin office. He regularly advises investors, sponsors, fund managers and investment banks on the establishment, structuring, financing, public and private distribution and ongoing operation of UCITS and AIFs, including hedge funds, funds of funds, master feeders, private equity funds, managed account platforms and bespoke structures.
Peter also has significant expertise advising on derivatives, prime brokerage, investment services, MiFID and securities law. His clients include financial institutions carrying out business in Ireland, or transacting with Irish-domiciled counterparties from other jurisdictions. Peter holds several senior positions on industry groups and regularly works with Irish regulatory and governmental bodies on enhancing Ireland’s financial services regime. He is a recognised legal expert in the ESG and sustainable investment space and works with some of the world’s largest managers and financial institutions to implement their internal policies as well as external standards such as UN PRI and the EU’s Sustainable Action Plan.
Peter joined the Maples Group in 2010. He was previously a partner with a leading Irish law firm, where he also managed their North American legal representative office. Peter has also worked for a global investment bank and a law firm in Luxembourg. He is widely recognised as a leading lawyer in the financial services arena in Ireland and has been recommended by industry journals including IFLR1000, Legal 500, Chambers Global and Who's Who Legal.
Peter has been nominated as one of the outstanding practitioners in investment funds in the Guide to the World's Leading Banking, Finance and Transactional Lawyers. Clients commend him for his "incredible knowledge of the law and regulation in funds and financial services", describing Peter as "the AIFMD guru" and commenting that "when any matter touches Ireland, I think of Peter Stapleton". Clients also praise his "ability to analyse complicated regulatory and commercial situations and provide simple and elegant solutions."
Peter has written several articles for the IBA and industry journals, has lectured on Financial Services Law at private conferences and for the Law Society of Ireland, and has advised the Commercial Law Centre of University College Dublin on developments in Financial Services Law. He is Chair of the Irish Funds Alternative Investment Product Group, a member of AIMA's Asset Management Working Group and past chairman of Hedge Funds Care Ireland.
Christina has a legal background, holding an LLB from Pontifical Catholic University of Sao Paulo (Brazil), an LLM from King’s College London (UK) and an MBA from Schulich School of Business (Canada). She has also completed a Diploma in Investment Compliance at CISI (UK) with an excellence award. Christina had 7+ years of legal and compliance experience in the asset management industry in Brazil, UK and Switzerland before joining MSCI ESG research team as Senior Associate in 2018. Christina leads the diversity, equity and inclusion research efforts at MSCI ESG research, including the Women on Boards series. Christina is also the Toronto Co-chapter head of MSCI’s Women Leadership Forum.
Rebecca Chapman is a Specialist in Environmental issues at the PRI. Since 2020 she has been responsible for PRI’s work on Circularity and the activities of PRI’s Plastics Investor Working Group, including the recent publication of investor engagement guides on plastic packaging. Rebecca previously worked in the FMCG sector in innovation, including on water and circular economy initiatives. She holds an MSc in Environmental Technology from Imperial College London and a BA in Geography from the University of Oxford.
Marine is a Senior Associate at PRI. As the content manager for the PRI Academy, Marine has been reviewing and revitalising its core offerings and creating new course materials. Before this, Marine worked as a sustainability strategy analyst in the property sector for JLL, and as a project manager for ResponsibleSteel. Marine has a BSc in Conservation Biology and an MSc in Environmental Technology from Imperial College London.
Beth Burks is a Director of Sustainable Finance at S&P Global Ratings – the international credit rating agency and one of the largest providers of information to inform debt capital markets. In her role, Beth develops, conducts and oversees the analysis of the environment, social, and governance (ESG) performance of corporations accessing the financial capital markets. This includes both analysing the ESG factors of performance that influence credit quality (the probability of default), and impact on stakeholders that could lead to future financial impacts on these companies. Beth is the lead analyst for EMEA covering all Sustainable Finance evaluations including Second Party Opinions. Beth is one of the architects of S&P Ratings ESG Evaluation, a one of a kind assessment of a company’s ESG strategy and ability to prepare for potential future risks and opportunities.Beth is one of S&P Global’s team of delegates that participates annually in the United Nations Framework Convention on Climate Change conference of parties (UNFCCC COP). Her research primarily focuses on net zero targets, water risk, and the social implications of climate change. Investment Week nominated her paper on spatial finance in the Thought Leadership category of its Sustainable & ESG Investments Awards 2020. This paper quantitatively linked satellite data on ecosystems to the debt metrics of water utilities in the United States. She holds an MSc Geographical Information Science from Birkbeck College, and a BSc Mathematics from Imperial College in London. Born to British parents, she grew up in Belgium and South Korea.
Luisina Berberian is a Director of the Sustainable Finance group of S&P Global Ratings, based in Madrid. In her role, Luisina develops, conducts and oversees the analysis of the environment, social, and governance (ESG) performance of corporations accessing the financial capital markets. This includes both analyzing the ESG factors of performance that influence credit quality (the probability of default), and impact on stakeholders that could lead to future financial impacts on these companies. Luisina’s experience at S&P Global also includes seven years in Infrastructure Finance Ratings; the analytical group which covers utilities, project finance and transportation in Europe, the Middle East and Africa. Luisina holds a Bachelor of Business Administration from the Pontifical Catholic University of Argentina, and a Master’s Degree in Coaching, Emotional Intelligence and Cognitive Sciences from the University of Alcala (Madrid, Spain).
Alan Barrett is Director of the Economic and Social Research Institute (ESRI). He began his career with the ESRI in 1994, following the completion of his doctoral studies at Michigan State University. Between 2001 and 2003 he was seconded to the Department of Finance. Between 2011 and 2013, he spent another period on secondment, this time at Trinity College Dublin. He is a Member of the Royal Irish Academy, a Research Fellow with the Institute for Labour Economics (IZA) in Bonn, Germany, an Honorary Fellow of the Society of Actuaries in Ireland and an Adjunct Professor at the Department of Economics, TCD. In March 2021, he was appointed a Member of the new Northern Ireland Fiscal Council by the NI Minister for Finance, Conor Murphy. He was a member of the Irish Fiscal Advisory Council from 2011 to 2015 and a member (ex officio) of the Climate Change Advisory Council from 2015 to 2021.
Gabriel Makhlouf took up his position as Governor of the Central Bank of Ireland on 1 September 2019. He chairs the Central Bank Commission, is a member of the Governing Council of the European Central Bank, a member of the European Systemic Risk Board, and is Ireland's Alternate Governor at the International Monetary Fund.Before joining the Central Bank Gabriel was Secretary to the New Zealand Treasury and the Government's chief economic and financial adviser from 2011 to 2019. During his time as Secretary, he led reviews of New Zealand's three macroeconomic pillars (monetary, financial stability and fiscal policy) and the development of a new framework for the development of economic and public policy focused on intergenerational wellbeing. In addition Gabriel was New Zealand's Alternate Governor at the World Bank, Asian Infrastructure Investment Bank, Asian Development Bank and the European Bank for Reconstruction and Development. He was also co-chair of the Trans-Tasman Banking Council.Previously Gabriel worked in the UK civil service where his roles ranged from policy on domestic and international tax issues through to large-scale operational delivery. He has also chaired the OECD’s Committee on Fiscal Affairs and was responsible for the UK's Government Banking Service.
Mary is a member of AIB’s Executive Committee leading a number of group functions including the group’s strategy, sustainability and corporate affairs functions. Mary chairs AIB’s Group Sustainability Committee and over the past number of years, she has been responsible for leading a groupwide transformation to place Sustainability are the heart of AIB’s business. Mary has held a number of senior leadership roles across the bank spanning retail, corporate and treasury businesses. Prior to joining AIB, Mary trained as an accountant and tax advisor with PwC.
Since March 2016, Marie-Louise Kelly has worked as the Chief Financial Officer of ORIX Aviation. She has guided the team through significant growth and expansion of the business over the last three years. Marie-Louise joined ORIX Aviation's finance department in April 2009 and after two years moved into a commercial/transaction based role which has included involvement in commercial acquisition projects, strategic planning, tax structuring, risk and funding. Marie-Louise was appointed to the main Board of ORIX Aviation, in November 2018.
Kashyap is Vice President at Tufton Investment Management Ltd (Tufton), a leading investment manager focused on the shipping industry, with over $1.2bn of assets under management across a number of funds, including LSE listed Tufton Oceanic Assets Limited. Tufton is a signatory of the UN Principles for Responsible Investment since 2018. Kashyap is a chartered financial analyst and holds a Master in Finance degree from London Business School and has investment experience in public and private markets across the shipping, industrials and energy sectors. At Tufton, Kashyap co‐ordinates ESG initiatives which include retrofit of energy saving devices on ships to reduce greenhouse gas emissions and promotion of crew welfare.
PRI Irish signatory breakfast: hosted in collaboration with Skillnet and Sustainable Finance Ireland, this invitation only breakfast will centre around growing themes of relevance in the ESG market. PRI’s Rebecca Chapman will give an overview on investor trends in considering and engaging with plastics.
With increasing production and use, poor end-of-life management and the many environmental and economic risks, plastics are a growing issue of concern for investors. Leveraging on the work of the PRI’s Plastics Investor Working Group, Rebecca will outline next steps for investors.
The session will then turn to the increasing areas of growth and expectations falling on ESG and investment professionals and how employees can start to prepare. The PRI Academy’s Anthony Roberts and Marine Lefebvre will give a sneak peek of the newest courses due to be launched on the 15 October.
Patrick Burke ILIM officially opens Ireland’s 4th ESG Day.
A discussion with Alan Barret and Governor Makhlouf.
Organised in association with the Department of Finance
Building on the success of the inaugural conference held in Tullamore in October 2019, this event explores how local authorities can, through their economic remit, support, encourage and nurture new and existing business and enterprise as they transition to a net-zero economy through innovation, digitalisation and the adoption of more sustainable practices. Don't miss the Catalysing Green Investment and Sustainable Finance presentation. To register for this event or for more information please click here. A City and County Management Association (CCMA) conference event entitled Climate Action and Economic Opportunities – Local Authorities supporting Enterprise.
ESG, the opportunity and impact for aircraft leasing
As we enter post covid, ESG will be taking centre stage in the aviation world again. There is a rowing political, industrial and regulatory appetite to improve environmental performance within the aviation sector. The industry has set extremely challenging targets to meet net zero carbon goals, including a 50% reduction in emissions by 2050.
It is no surprise that investors will increasingly favour aviation businesses with high ESG ratings — signaling more resilience and creating long-term business bets. In our discussion, we will look at ESG incentives in financing and investment to present an opportunity for the aviation industry to shake off its reputation for greenwashing and positively impact environmental sustainability over the long term while generating shareholder returns.
Along with the opportunities, we will cover the impact and the challenges too. Aviation businesses and lessors should expect more in-depth sustainability reviews. ESG factors likely to be considered when assessing investments include carbon footprint, employment equity, suppliers and consumer protection, business ethics, board diversity and executive pay.
This event will open with a scene-setting presentation by KPMG, followed by a panel discussion. A deeper dive half-day event will take place mid-January, which will build on this initial discussion.
The popularity of ESG investing is escalating year on year, moving from a niche to dominant strategy. What are the main factors driving this increase in popularity and are female investors at the wheel or just on the journey with everyone else? Join us for this engaging panel event with expert input discussing what impact females have on the growing trend towards ESG Investing and investigating if they really are a key driver.
Organised in association with Ireland’s 100 Women in Finance Next Gen Committee.
This panel discussion will explore the current state of play of the corporate governance framework, addressing its potency in 2021. Join panellists as they discuss the material role ESG factors play in safeguarding a company’s long-term success, creating wide stakeholder value and satisfaction, and maintaining strong reputation and accountability standards.
Organised in association with Irish Association of Pension Funds (IAPF).
The COVID-19 pandemic has brought social issues to the forefront of the ESG agenda, yet with integration of social performance data is still lagging it’s environmental and governance peers.
This session will explore upcoming trends in terms of social taxonomies and regulation in Europe and the UK, as well as concrete examples of how investors are using S indicators in their investment decision making, and what types of data to be looking out for.
Join us to hear from legal experts, investors rating agencies and data providers alike on how to really start acting on the S.
Organised in association with UN PRI and the Irish Association of Asset Managers (IAIM).
Many thanks for registering, you will receive an email confirmation, calendar reminder and updates closer to the event.