#SettimanaSRI Highlights from Nov 18: The EU and sustainable finance: regulations and strategies for a resilient recovery
#SriAgenda abt to start 💥 #Nov18 3pm CET
The EU and #sustainablefinance: regulations & strategies for a resilient recovery
w/in
🔴 #SettimanaSRI 🔴
9th Italian #SRI Weekhttps://t.co/AwM8g3RDdx#sustainablefinanceEU #TaxonomyEU #sri #esg @SriEvent Twitter Media Partner pic.twitter.com/voI3Ixo91k— Sri Event (@SriEvent) November 18, 2020
Raring to go here for #ItalianSRIweek with @SRIEvent at such an important time across the globe for #sustainablefinance #greenrecovery
— Dina Medland (@dinamedland) November 18, 2020
#SriAgenda just started 💥
I'm very happy to host another very important webinar today as part of #SettimanaSRI, says @fbicciato1 Secretary General @ItaSIF starting his welcome speech #sustainablefinanceEU #TaxonomyEU #NextGenerationEU #EUGreenBond #sustainablefinance pic.twitter.com/bEYpvxe0Dp
— Sri Event (@SriEvent) November 18, 2020
"In this current health crisis and #climateemergency #sustainablefinance will play a critical role in financing economic growth" – `@fbicciato1 opening remarks #settimanasri
— Sri Event (@SriEvent) November 18, 2020
now @fbicciato1 outlining the 8 proposals @ItaSIF recently made to the Italian Gov in order to support a green and sustainable recovery from the pandemic #SettimanaSRI #greenrecovery
— Sri Event (@SriEvent) November 18, 2020
Fabrizio Spada, Head of Institutional Relations @PE_Italia now takes the floor #SettimanaSRI #sustainablefinanceEU #TaxonomyEU #NextGenerationEU #EUGreenBond #sustainablefinance #EUGreenDeal pic.twitter.com/bfLm1WnDCY
— Sri Event (@SriEvent) November 18, 2020
#FabrizioSpada: "Taxonomy is one of the most relevant factors in achieving #sustainablefinance and the green transition" #SRIevent #SettimanaSRI #EUGreenDeal
— Sri Event (@SriEvent) November 18, 2020
now @federicacasarsa Communications and Policy Affairs Officer @ItaSIF takes the floor and introduces the main features of #NextGenerationEU #SettimanaSRI #sustainablefinanceEU #TaxonomyEU #NextGenerationEU #EUGreenBond #sustainablefinance pic.twitter.com/LSWECde9Sa
— Sri Event (@SriEvent) November 18, 2020
EU Recovery and Resilience Facility in the spotlight #SettimanaSRI #sustainablefinanceEU #TaxonomyEU #NextGenerationEU #EUGreenBond #sustainablefinance @PE_Italia @Eurosif @EU_Finance pic.twitter.com/KFgRB3I3Ba
— Sri Event (@SriEvent) November 18, 2020
It is important for EU member states to look at their sustainable finance strategies and how this is managed for the next generation says @fredericacasarsa #nextgenerationEU #sustainablefinanceEU #settimanaSRI https://t.co/KSOGybkuky
— Sri Event (@SriEvent) November 18, 2020
✅ #TaxonomyEU
✅ Climate Benchmarks
✅ #EUGreenBond
✅ #NFRD
✅ Sustainable #CorpGov
✅ Climate-related #disclosure
✅ Ecolabel #SettimanaSRI #sustainablefinanceEU #greenfinance #climatefinance #sustainablefinance https://t.co/nSbvdQ2l2q— Sri Event (@SriEvent) November 18, 2020
30% of the next generation of EU resources will be raised through #greenbonds, which is why #EU is looking to build a green bond standard and improve the standards on reporting on #ESG – @FedericaCasarsa before introducing panel #SRIEvent #settimanaSRI https://t.co/KSOGybkuky
— Sri Event (@SriEvent) November 18, 2020
now time 4 roundtable #SettimanaSRI #sustainablefinanceEU #TaxonomyEU #NextGenerationEU #EUGreenBond #sustainablefinance @eu_sciencehub @EFAMANews @VictorvanHoorn @Eurosif @EU_Finance @EUClimateAction @AndreasHoepner @PaoloCanfora pic.twitter.com/EHz0Z1GLsp
— Sri Event (@SriEvent) November 18, 2020
Lucia Alessi Project Leader Financial stability and risks @EU_ScienceHub @EU_Commission just started her speech #SettimanaSRI #sustainablefinanceEU #TaxonomyEU #NextGenerationEU #EUGreenBond #sustainablefinance pic.twitter.com/MITIAVR1Lt
— Sri Event (@SriEvent) November 18, 2020
"We expect #ESG risk to be reflected in credit ratings but it is unclear to what extent #sustainability factors are being considered" – and there is a need for greater transparency for credibility : #LuciaAlessi #SRIevent #ItalianSRIweek#SettimanaSRI
— Sri Event (@SriEvent) November 18, 2020
deep dive into the EU #ESG/#sustainability regulation (a bit complex, to be honest!) space w/ Lucia Alessi #SettimanaSRI #sustainablefinanceEU #TaxonomyEU #NextGenerationEU #EUGreenBond #sustainablefinance pic.twitter.com/KpJqSacVUu
— Sri Event (@SriEvent) November 18, 2020
"While there is a lot going on in the regulatory landscape, there is also a lot #investors can do, with larger investors needing to disclose the degree of taxonomy-alignment" – #LuciaAlessi #stewardship #GreenRecovery #TaxonomyEU #SettimanaSRI
— Sri Event (@SriEvent) November 18, 2020
regulators expect investors to guide their investee companies in the sustainability journey, says Lucia Alessi #SettimanaSRI #sustainablefinanceEU #TaxonomyEU #NextGenerationEU #EUGreenBond #sustainablefinance #engagement #stewardship pic.twitter.com/fbAmjkI0G2
— Sri Event (@SriEvent) November 18, 2020
now @VictorvanHoorn Executive Director @Eurosif starts making his speech #SettimanaSRI #sustainablefinanceEU #TaxonomyEU #NextGenerationEU #EUGreenBond #sustainablefinance #engagement #stewardship @MartinSpolc @seankidney @MBaumgarts @mireillmartini @SDDecleve @cojotheo pic.twitter.com/x9fGKtLmT7
— Sri Event (@SriEvent) November 18, 2020
The scale of the challenge we are talking about is enormous and we need to distinguish between capital support, liquidity support and investment support in choosing the instruments says @VictorvanHoorn @Eurosif #sustainablefinanceEU #SettimanaSRI
— Sri Event (@SriEvent) November 18, 2020
#TaxonomyEU is really helpful, the work policy makers have done and are doing is enormous, there's an important role for organizations as @eurosif and @itasif to play in that respect, says @VictorvanHoorn #SettimanaSRI #sustainablefinanceEU #NextGenerationEU #sustainablefinance
— Sri Event (@SriEvent) November 18, 2020
Giorgio Botta Regulatory Policy Advisor @EFAMANews takes the floor #SettimanaSRI #sustainablefinanceEU #NextGenerationEU #sustainablefinance pic.twitter.com/WwG9nWg6Gl
— Sri Event (@SriEvent) November 18, 2020
"A growth strategy has become a recovery strategy and a sudden shock – the pandemic – has disproportionate effects on different levels of society. #Assetmanagement industry is on board but we need more #investors and we need to fight #greenwashing – w/data" #GiorgioBotta #EFAMA
— Sri Event (@SriEvent) November 18, 2020
"#ESG data is essential for a better understanding on risk and for building on regulatory initiatives…the lack of #data translates into costs" #GiorgioBotta #responsibleinvestment #sustainablefinanceEU #SettimanaSRI
— Sri Event (@SriEvent) November 18, 2020
we need a single 'access point' at Eu level to reliable #ESG data, Giorgio Botta from @EFAMANews stresses #SettimanaSRI #sustainablefinanceEU #TaxonomyEU #NextGenerationEU #EUGreenBond #sustainablefinance
— Sri Event (@SriEvent) November 18, 2020
#LuciaAlessi explains the workings of the #ecolabel in identifying the top financial products such as investment funds and life insurance products and companies investing in green growth and transition : ongoing process after years of work#EUGreenDeal #sustainablefinanceEU
— Sri Event (@SriEvent) November 18, 2020
the (big) question of #SFDR #SustainableFinance #Disclosure Regulation now being posed by @FedericaCasarsa to the panelists #SettimanaSRI #sustainablefinanceEU #TaxonomyEU #NextGenerationEU #EUGreenBond #reporting pic.twitter.com/LIof5dzdo9
— Sri Event (@SriEvent) November 18, 2020
now the draft of the template for #SFDR #disclosure is a 4-6 pages document, there are still questions around its implementation, it will take some time to become fully operational, says Giorgio Botta #SettimanaSRI #sustainablefinanceEU #TaxonomyEU #reporting
— Sri Event (@SriEvent) November 18, 2020
a 'phased approach' to #SFDR is what Giorgio Botta from @EFAMANews suggests to financial operators #SettimanaSRI #sustainablefinanceEU #disclosure #reporting #sustainablefinance https://t.co/8rTJy4N9bz
— Sri Event (@SriEvent) November 18, 2020
'The signs are all there from @eu_comission that we are expecting a reworking of non financial reporting directive #NFRD)' +the issue of materiality will be key in terms of what we aim for going forward –@victorvanhoorn on regulatory sequence for a coherent framework #SriEvent
— Sri Event (@SriEvent) November 18, 2020
"More transparency on how investor decisions are made will be critical going forward" @VictorvanHoorn on the direction of #sustainablefinanceEU #TaxonomyEU #SettimanaSRI
— Sri Event (@SriEvent) November 18, 2020
abt the revision of #NFRD @VictorvanHoorn mentions and appreciates the work done by @EFRAG_Org (see here ➡ https://t.co/0KCdOuWb33)#SettimanaSRI #sustainablefinanceEU #TaxonomyEU #NextGenerationEU #EUGreenBond #sustainablefinance #disclosure #reporting
— Sri Event (@SriEvent) November 18, 2020
finding the right balance btw transparency, usability, fighting VS #greenwashing is actually not an easy task, notes @FedericaCasarsa #SettimanaSRI #sustainablefinanceEU pic.twitter.com/A5c3Dur5Vp
— Sri Event (@SriEvent) November 18, 2020
The social dimension of sustainability has been highlighted by the pandemic and must also be addressed in a #socialtaxonomy. @VictorvanHoorn stresses the need for specificity on the goals and realism as to the scope #SettimanaSRI #TaxononomyEU #socialbonds #ESG
— Sri Event (@SriEvent) November 18, 2020
true, there's pressure on financial operators, Lucia Alessi admits w/ problems, but there's a reason for that: we have to #savetheplanet! #SettimanaSRI #sustainablefinanceEU #climatecrisis #greenfinance @EU_ScienceHub @MartinSpolc @seankidney @MBaumgarts @SDDecleve 🌏💚 pic.twitter.com/K85j1riRL4
— Sri Event (@SriEvent) November 18, 2020
now @PietroNegri6 past-president @ItaSIF and #Sustainability and #CorpGov Officer @aniaufficiale takes the floor #SettimanaSRI #sustainablefinanceEU #sustainablefinance pic.twitter.com/GUwaECOOOZ
— Sri Event (@SriEvent) November 18, 2020
We need an important change of mind-set around the need for #ESG data in the #insurance sector but also of attitude on the sector's role in risk mitigation through its policy creation suggests @PietroNegri6 head #sustainability #CorpGov #ANIA #SettimanaSRI #ItalianSRIweek
— Sri Event (@SriEvent) November 18, 2020
at #SettimanaSRI @pietronegri6 warns abt a sort of 'bulimia of rules' w/ regard to the implementation of #sustainablefinanceEU: so many rules, and not a long time, to deal/align with, he says, adding that insurers are really involved in this debate
— Sri Event (@SriEvent) November 18, 2020
Concluding the session, "we have to be realistic from a regulation point of view – but we also need investors to push for a real sustainable approach" @fbicciato1 #sustainabledevelopment #sustainablefinanceEU #settimanaSRI
— Sri Event (@SriEvent) November 18, 2020
along w/ @eurosif we'll continue as @itasif to support the #sustainablefinance mkt, regulators, investors, companies: we need to be realistic, but we know that another financial model is possible!, says @fbicciato1 wrapping up the debate #SettimanaSRI #sustainablefinance #awip pic.twitter.com/RvYj9QQYf6
— Sri Event (@SriEvent) November 18, 2020
That's a wrap! #SriAgenda just ended ☑ #Nov18
The EU and #sustainablefinance: regulations & strategies for a resilient recovery
w/in
🔴 #SettimanaSRI 🔴
9th Italian #SRI Week#sustainablefinanceEU #TaxonomyEUtweet-recap out soon on https://t.co/ISCE5e9wJ5 pic.twitter.com/c91LcfBC4N
— Sri Event (@SriEvent) November 18, 2020
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@SriEvent is Twitter Media Partner of #SettimanaSRI 2020