The role of capital markets in driving the transition towards a carbon zero economy

Organised by Chapter Zero France in collaboration with BNP ParibasSociété GénéraleChildren's Investment Fund Foundation (CIFF), European Bank for Reconstruction and Development (EBRD), and IESE Business School

Date: 23/03/2021

Three takeaways

  • The notion of transition involves shifting capital allocation, assisting clients to embark on their journey to ‘become carbon-neutral’, and imposing sanctions on client and investee companies that fail to adhere to net-zero commitments.
  • Investors now largely consider that the role of the board in driving climate enaggement is crucial. However, only 3% of S&P 100 Directors were found to be climate competent in an NYU report. 
  • Collaboration among countries is needed to align non-financial standards. Laggards and free-riders behavior remains a real risk and will justifiably lead to accusations of ‘greenwashing’, which will undermine credibility in the industry.

 

A one-pager summary of the session by ShARE is available for Chapter Zero France members. If interested, please contact us. 

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Webinar speakers

Speakers :  

Moderator :

  • IESE Business School – Professor Mireia Giné, Associate Professor of Finance; Non Executive Director, Banco Sabadell
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