Join authors of the Natural Capital Protocol from S&P Global (Trucost) and eftec for a workshop that explores the trends in regulation and market-based incentives, examines the connections to corporate natural capital assessments, and maps out the pathway to ESG performance.
When? 2pm – 4pm, Monday 29th April 2019
Where? Chartered Accountants House, Pearse Street, Dublin 2 (map)
How? Registration is free, please RSVP to firstname.lastname@example.org
There is an urgent need to invest in natural capital assets to mitigate against climate change and biodiversity loss. This demand is driving the development of the European policy around sustainable finance and the regulations and incentives that support it. Meanwhile, pioneering Irish organisations are developing natural capital accounts in an effort to better understand the risks and opportunities in their relationship with the natural world. How do these parallel agendas connect? Join us to learn more about:
1) The Policy Landscape
- Global trends in sustainable finance
- The development of the EU Sustainable Finance Action Plan and how this is being integrated into the European policy context
- Opportunities for Ireland
2) Measuring and accounting for value
- Introduction to natural capital assessments
- Examples will be provided from some of the latest applied natural capital work in the UK and Ireland, including eftec's work in the Forestry, Ports and Water sectors and Greater Manchester’s natural capital investment plan; and development of ESG assessments by S&P Global.
3) Integration into financial decision-making
- Revealing financial risks and opportunities through natural capital assessments
- Implications for investment decision-making
- Mechanisms to support investment in natural capital
About the speakers:
Richard Mattison, CEO at Trucost/S&P Global:
Dr Richard Mattison is Chief Executive Officer of Trucost, part of S&P Global. Trucost assesses and prices risks relating to climate change, natural resource constraints and broader ESG factors, enabling companies and financial institutions to understand exposure to ESG factors, inform resilience and identify the transformative solutions of tomorrow. Richard is an expert in sustainable finance and over the last 16 years he has advised various UN bodies, governments, financial intuitions, companies and NGOs on how to integrate climate change and natural capital analysis into their decision making. He has led numerous ground-breaking projects including creating the first portfolio carbon risk assessment for Henderson and the UK Environment Agency, launching the first carbon efficient index with S&P Dow Jones Indices, leading the first global assessment of corporate environmental externalities for the UN-backed Principles for Responsible Investment, and developing the world’s first Environmental Profit and Loss account for PUMA. Richard is a member of the EU Sustainable Finance High Level Expert Group, the Global Advisory Council of the Oxford Smith School Stranded Assets Programme, the Luxflag eligibility committee and the Hong Kong Green Finance Association . Previously, Richard was a strategy consultant and began his career as a neuroscientist. He holds a Ph.D. in Neuroscience from the University of Edinburgh and is an honorary Fellow of the Royal Society of Arts.
Ian Dickie, Director of eftec:
Ian joined the core team at eftec in November 2007. He is also a member of the Natural Capital Coalition Advisory Panel, a Director of the Aldersgate Group, a member of the ICAEW Sustainability Committee and a Fellow of the RSA. He was an author of the Natural Capital Protocol and has directed natural capital accounting for the Duchy of Cornwall, London Boroughs, UK Water Industry and John Lewis Partnership. At eftec he has managed over £2 million worth of research for UK Government, including natural capital risk assessment and investment cases for the 1st Natural Capital Committee, and the development of national natural capital accounts. He has also worked for the European Commission on biodiversity policy economics, and was lead technical author of the UNDP Biodiversity Finance (BIOFIN) 2016 Workbook. Ian was previously head of economics for the Royal Society for the Protection of Birds, whom he joined in April 2000. Ian holds an MSc in European Environmental Regulation and Policy from Lancaster University, and an MA in Economics from the University of St Andrews.
Steven Bullock, Global Head of Research at Trucost/S&P Global:
Steve leads Trucost’s Global ESG Analytics and Client Delivery Team providing essential data and insights to financial institutions, corporate and other clients so that they can allocate capital to more sustainable business models and communicate ESG performance to their stakeholders. He is also part of Trucost’s senior management team. Steve was Trucost’s lead on the world’s first public environmental profit and loss “EP&L” account for PUMA and led the technical development of the Water Risk Monetizer (in collaboration with Ecolab and Microsoft). More recently, Steve contributed to the technical development of the S&P Global Ratings Green Evaluation tool and the S&P 500 Carbon Price Risk 2030 Adjusted Index. Steve sits on the Advisory Panel of the Natural Capital Coalition having previously led the development of the Natural Capital Protocol’s food and beverage and apparel sector guides. Prior to joining Trucost, Steve worked as an analyst for a performance management consultancy. He holds a BA 1:1 with honours in Geography and a MSc with Distinction in Sustainable Development from the University of Exeter.
David Henry Doyle, Head of Government Affairs & Public Policy (EMEA), S&P Global
David is the Head of Government Affairs & Public Policy for Europe, the Middle East, and Africa for S&P Global and serves as head of the company’s Brussels office. His role includes working with stakeholders on policy and regulatory matters. This involves managing external governmental relations as well as coordinating across S&P Global’s corporate functions and divisions: S&P Global Ratings, Platts, Market Intelligence, S&P Dow Jones Indices, and Kensho. Prior to joining S&P Global, David was Head of Financial Services at an international consulting firm specialising in financial regulation, communications, and investor relations. In 2014, he was named by Financial News as one of the 40 Under 40 Rising Stars of Trading and Technology. David began his career at a global provider of compliance and payments solutions. He has worked as a research analyst with a leading Brussels based security and defence think tank and as the Executive Director of an international foreign policy NGO. He is the Chairman of the American Chamber of Commerce to the EU’s Sustainable Finance Task Force, which leads engagement on behalf of 150 US companies, and serves as the Chairman of the Advisory Council for Young Professionals in Foreign Policy (YPFP), a volunteer organisation. David holds degrees from the Trinity College Dublin, University of Dublin (Gold Medal), the Sorbonne – Paris IV, and the University of Cambridge.
Beth Burks, Associate Director, S&P Global
Beth is an Associate Director on the Sustainable Finance team at S&P Global Ratings where her role includes providing ESG Evaluations, integrating ESG into credit ratings, and publishing thematic research. She has extensive experience in ESG data and analytics specialising in energy, utilities, infrastructure, materials, and consumer products sectors. Prior to working at Ratings, Beth worked for Trucost and Morgan Stanley. She holds a BSc in Mathematics from Imperial College.