PRI/IGCC Briefing: Investing in a Just Transition - Sydney
The PRI in partnership with IGCC is pleased to present the Australian launch of a new research project designed to improve the ability of investors to integrate social factors into climate strategies. The event in Sydney will take place on Wednesday 21 March. Click here for details about the event in Melbourne on 22 March.
Achieving a ‘just transition’ is part of the Paris Agreement. While investors are increasingly committed to supporting the transition to a low-carbon economy through shareholder engagement, capital reallocation and policy dialogue, they are yet to fully incorporate the social dimension. Poorly managed, this could result in “stranded workers” and “stranded communities” as well as “stranded assets,” contributing to rising inequality, economic stagnation and instability.
The event will outline the objectives of Investing in a Just Transition, a new project co-designed by the Grantham Research Institute at the London School of Economics and the Initiative for Responsible Investment at the Harvard Kennedy School, explore the strategic case for investor action and generate recommendations for policy and market reforms that would enable investors to make an effective contribution to the transition. The events will also mark the launch of a new review of the policy framework for implementing the recommendations of the Taskforce on Climate-Related Financial Disclosures (TCFD) in Australia by Baker McKenzie, and a panel discussion exploring the barriers to ESG integration posed by Modern Portfolio Theory (MPT) and how these might be overcome.
|08:30||Welcome and opening remarks|
|08:35||Putting the “S” Into ESG|
|09:10||Overview of Just Transitions|
|09:40||Panel 1: Investing in a Just Transition|
|11:00||A Policy Framework for Implementing the TCFD in Australia|
|11.20||The Heart of the Beast: Modern Portfolio Theory – challenges, impacts and beyond|