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Workshop on EU Paris-aligned and EU Climate Transition benchmarks

Taking stock of the 4 year-contribution of the two EU climate benchmark labels in redirecting finance flows towards sustainable investments. 

EU Paris-aligned and EU Climate Transition benchmarks workshop 17 October 2024

The aim of the event is to hold a general exchange on the successes and shortcomings of the EU Paris-aligned Benchmarks and EU Climate Transition Benchmarks, which entered into application four years ago. The event will offer the chance to explore opportunities to improve the regulatory framework to foster the use of these benchmark labels, in order to promote the transition to a low-carbon economy and help align investment strategies with the objectives of the Paris Agreement.

The event aims to bring together different categories of stakeholders, such as benchmark administrators, asset managers, pension funds, insurance companies and academia. The focus will be on gathering insights about the role that EU Paris-aligned Benchmarks and EU Climate Transition Benchmarks played in promoting sustainable investments, whether these labels helped promote best practices outside the EU and looking at the key challenges in designing these indices or in terms of performance (e.g. tracking error compared to parent indices).

Specific privacy statement

  • 17 OCTOBER 2024
Specific privacy statement: Workshop on EU Paris-aligned and EU climate transition benchmarks

Registration

If multiple registrations per organisation have been received for physical presence, we would limit the physical representation to a single person per organisation. Others are welcome to follow the event online.

Registration for physical attendance is now closed because we have reached maximum capacity for the event room.

You can however still register for online attendance.

Register for online attendance

Web streaming

The event will be web streamed. The web stream links will be available here soon.

  • financial services | sustainable finance | capital markets union
  • Thursday 17 October 2024, 09:00 - 12:45 (CEST)
  • Brussels, Belgium

Programme

  1. 17 Oct 2024, 09:00 - 09:15 (CEST)
    Registration and coffee
  2. 09:15 - 09:30 (CEST)
    Introduction and structure of the workshop

    By Martin Merlin, Financial Markets Director, Directorate-General for Financial Stability, Financial Services and Capital Markets Union. (DG FISMA).

  3. 09:30 - 10:30 (CEST)
    Panel 1: EU Paris-aligned and EU Climate Transition benchmarks: : an effective guide for investors in the path towards the alignment with Paris Agreement objectives or on the implementation of their transition strategies?

    This panel will explore the role that EU Paris-aligned and EU Climate Transition benchmarks played for investors in aligning their strategies with sustainable investments and whether those labels met benchmark administrators’ objectives, such as to make Paris-aligned investment strategies or the transition to a low carbon economy more credible and accessible.

    • AP2 (Kristian Hartelius, Head of Quantitative Dynamic Allocation)
    • New Zealand Super Fund (Lucas Kengmana, Senior Investment Strategist)
    • LSEG (Anoushka Babbar, Head of Sustainable Investment, Index Policy)
    • Solactive (Steffen Scheuble, CEO)  
    • BEUC (Bryan Coughland, Lead Economist)
  4. 10:30 - 10:45 (CEST)
    Q&A
  5. 10:45 - 11:15 (CEST)
    Coffee break
  6. 11:15 - 12:15 (CEST)
    Panel 2: Taking stock of four years of application: implementing the standards and potential avenue for improvement

    This panel will explore the main challenges in designing EU Paris-aligned and EU Climate Transition benchmarks and consider possible improvements in order to make those labels more attractive and usable, especially in conjunction with other pieces of EU sustainable finance legislation.

    • ECB (Michiel De Smet, Sustainable & Responsible Investment team, Market Operations Expert)
    • IIGCC (Valentina Ramirez, Head of Climate Strategy Implementation)
    • Andreas Höpner (Head of the Data Science Hub, EC Platform on Sustainable Finance, and former member of the TEG benchmarks subgroup)
    • MSCI (Alexander Dorbrinevski, Vice President in MSCI's Climate Risk Center)
    • BNP Paribas (Lorraine Sereyjol-Garros, Global Head of ETF & Index Business Development at BNP Paris Asset Management)
  7. 12:15 - 12:30 (CEST)
    Q&A
  8. 12:30 - 12:45 (CEST)
    Concluding remarks

    Agnès Le Thiec, Deputy Head of Unit of the Securities Markets (Unit C3), Directorate-General for Financial Stability, Financial Services and Capital Markets Union. (DG FISMA).

Practical information

When
Thursday 17 October 2024, 09:00 - 12:45 (CEST)
Where
Thierry Stoll
Rue de Spa 2, 1000 Brussels, Belgium
Languages
English