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We send a weekly update about our conferences and interesting news related to ESG and Impact Investing

News by tag: Fossil Fuel

More speakers confirmed: Tasha Seitz, Ari Frankel and Cynthia Muller

Thursday, 11 Dec 2014

We're happy to announce 3 more speakers who are confirmed for TBLI CONFERENCE @BOOTH/KELLOGG 2015, coming up on January 23rd. We proudly present:

Tasha Seitz (Chief Investment Officer, Impact Engine, USA )

9:50AM: Plenary Roundtable - Long Finance: The role of patient capital for impact investing

3PM: Workshop 6 - Facilitating Social Entrepreneurship

Tasha Seitz has been a technology venture capital investor with JK&B Capital since 1997, focusing on enterprise software, Internet infrastructure and mobile infrastructure investments. She serves on the board of and is the Chief Investment Officer for Impact Engine, where she coaches impact entrepreneurs in fundraising as well as identifying the ever-evolving landscape of impact investors.

Having been part of several technology cycles as a venture capital investor, Tasha has seen the power of the entrepreneurs to create markets and touch people’s everyday lives, and she is a passionate believer in the power of entrepreneurship to make the world a better place.

Impact Engine is a 16-week accelerator program that supports for-profit businesses addressing today’s societal and environmental challenges. We empower entrepreneurs, mentors, and investors to make a collective impact on society by applying smart business principles to the world’s greatest problems.

Ari Frankel (Head of ESG Strategy, Real Estate, Deutsche Asset & Wealth Management, USA)

1PM: Workshop 1 - Trends in ESG Integration

Ari Frankel is Head of ESG Strategy, Real Estate, at Deutsche Asset & Wealth Management, based in New York City. He works closely with senior managers around the globe to shape and coordinate comprehensive sustainability and green building programming and related environmental and energy strategies, and participates in sustainability initiatives across Deutsche Asset & Wealth Management and Deutsche Bank Group.

 with REIT.com, earlier this year, where he was asked why gathering sustainability data has become a key project for the real estate investment industry.

Cynthia Muller (Senior Manager, Impact Investing, Arabella Advisors, USA)

1PM: Workshop 3 - Low Carbon Investment Strategies

Cynthia Muller leads Arabella Advisor’s impact investing practice. She helps our individual and institutional clients understand the field of impact investing, develop strategies, and structure investments to accomplish their social and environmental goals. Her extensive background in social enterprise and mission investing includes connecting public policy, programs, and capital for emerging social innovations to increase economic opportunities for under-served and marginalized communities.

Read her interesting blog post here about "How wealth advisors can facilitate impact investments".


Speakers slots are still available. Please have a look at our program and submit your application if you are interested in participating as a speaker.

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New speakers confirmed: Caroline Vance, Betsy Moszeter, Patrick Fisher

Monday, 05 Jan 2015

We're happy to announce 3 more speakers who are confirmed for TBLI CONFERENCE @BOOTH/KELLOGG 2015, coming up in 3 weeks. We proudly present:

Caroline Vance (Vice President - Deutsche Bank, USA)

1PM: Workshop 4 - Approaches to Impact Measurement

Caroline Vance supports the Community Development Finance Group’s management of funds for microfinance and has special responsibility for relationships in Central and South Asia. She also manages the administration and investor relations of the FINCA Microfinance Fund B.V. and she supports the team's social performance management and monitoring efforts.

Caroline's presentation will focus on how to demonstrate and talk about impact and how to classify investments according to their different missions. Caroline will also discuss how Deutsche Bank’s Global Social Finance group has been grappling with these challenges in the context of its most recent social investment funds.

Betsy Moszeter (COO - Green Alpha Advisors, USA)

1PM: Workshop 2 - Structuring Impact Investing across all Asset Classes

Betsy Moszeter is the COO of Green Alpha Advisors and previously was Senior Vice President of the First Affirmative Financial Network. Green Alpha Advisors is an asset management firm founded on the belief that in order to live and thrive on our planet indefinitely there is a need for economic and technological transition to sustainability.

This interesting SRI survey: First Affirmative Survey, shows how SRI has become entrenched in mainstream finance. Commenting on the survey’s results, Betsy Moszeter says “Having reached the point where one out of two financial professionals have offered SRI options to their clients, it is clear that responsible investment strategies are now a client expectation that advisors need to be equipped to provide.”

Patrick Fisher (Founder & Managing Partner - Creation Investments Capital Management, LLC, USA)

3PM: Workshop 8 - Challenges for impact investors in emerging markets

Patrick Fisher is specialist in private equity investment, with a particular experience base in impact investments, social ventures and international/emerging markets. Mr. Fisher founded Creation Investments in 2007, leading the firm in Emerging Markets, Private Equity and Impact Investing since inception. He is a market leader in Emerging Market and Impact Investing, leading investments or providing advisory services on equity and debt transactions in businesses which serve the 'Bottom of the Economic Pyramid' (BOP) through Microfinance / financial services, health care, affordable housing, clean energy, and technology.


Limited speakers slots are still available. Please have a look at our program and submit your application if you are interested in participating as a speaker.

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Speaker Portraits: Leslie Samuelrich, Chris Fowle and Paul Christensen

Tuesday, 13 Jan 2015

We are looking forward to a rich program at TBLI CONFERENCE @BOOTH/KELLOGG 2015, coming up in 10 days. Among the 33 speakers in 10 sessions are:

Leslie Samuelrich (President - Green Century Capital Management, USA)

3PM: Workshop 3 - Low Carbon Investment Strategies

Leslie Samuelrich is the President of Green Century Capital Management, a socially responsible investment advisory firm that focuses on environmental responsibility and manages Green Century Funds. As president, Leslie is leading the funds' investment strategies and oversees Green Century's business development, communications and shareholder advocacy.
Jointly with Trillium Asset Management and 350º, Green Century recently provided an updated version of the guide 'Extracting Fossil Fuels from Your Portfolio: An Updated Guide to Personal Divestment and Reinvestment'.
Further reading by Green Century: Commentary on 'Top four reasons to divest from fossil fuel companies'.

Chris Fowle (Vice President, Investor Initiatives - CDP, USA)

3PM: Workshop 7 - Managing Climate Change Risks for Investments

Chris Fowle is the VP of Investor Initiatives for CDP in North America, managing relationships with investor signatories across CDP's Climate, Water, Forests & Carbon Action programs. Chris previously worked at Chase/JPMorgan, Deutsche Bank and Lehman Brothers.
With its global disclosure system, CDP is equipping investors to be able to engage with their investment portfolio companies on natural capital use, helping to proect their assets against the rirsks fo future regulation on climate change and energy, accesss to water and the protection of natural resources.
CDP recently published the Carbon Action Report 2014

Paul Christensen (Associate Dean, Global Programs and Clinical Associate Professor for Finance - Kellogg School of Management, USA)

3PM: Workshop 8 - Challenges for impact investors in emerging markets

Paul Christensen is a Clinical Professor of Finance at the Kellogg School of Management where he teaches courses in microfinance and international business. In addition, he serves as Academic Director for Kellogg’s Global Study Programs and as Senior Advisor for Global Strategy. Prior to Kellogg, Paul was the founder and president of ShoreCap International Ltd. and an associate and Eegagement Manager for the consulting firm, McKinsey and Company.
At TBLI CONFERENCE, Paul will be focusing on lessons learned from the microfinance industry on how to mitigate the risks impact investors face in developing markets.


To learn more about the topics on the agenda and our speakers, view our program online. Sponsorship packages are available - please contact us at conference@tbligroup.com to learn more.

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Assessing Carbon Risk: Low Carbon Investment Strategies on the rise?

Tuesday, 21 Apr 2015

Institutional investors have come to realise how important it is to understand exposure to carbon stranded assets. Fueled by an increased demand for solar and wind energy, clean energy investment last year beat expectations, rising 16 percent to $310 billion worldwide, according to Bloomberg New Energy Finance (BNEF).

The dash to reduce investors’ exposure is gaining momentum. Whether catalysed by a concern over mispriced fossil fuel assets or pressure for divestment, investors are beginning to use a critical eye to assess the carbon-related risks in their portfolios (MSCI 2015 ESG Trends to Watch)

Just one day after BP adopted a shareholder resolution to support better carbon asset risk disclosures following disappointing global oil demand and low oil prices, 62 institutional investors representing nearly $2 trillion in assets called on the Securities and Exchange Commission to push for better disclosure by oil and gas companies of critical climate change-related business risks that will “profoundly affect the economics of the industry.” (Investors Push SEC to Require Stronger Climate Risk Disclosure by Fossil Fuel Companies)

“We have found an absence of disclosure in SEC filings regarding these material risks, which constitute ‘known trends’ under SEC rules,” the investors wrote to SEC Chair Mary Jo White. “The risk of reduced demand for oil, uneconomic projects and stranded assets… is material to the companies and their investors, as it directly affects the profitability and valuation of the companies” cited 3BL Media (Investors Push SEC to Require Stronger Climate Risk Disclosure by Fossil Fuel Companies)

TBLI CONFERENCE™ NORDIC 2015 will cover strategies for how to approach low carbon investments in the Roundtable 1 discussion: "Assessing Carbon Risk: Low Carbon Investment Strategies on the rise?". Join us in Copenhagen on June 15 - 16.

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Courage to Change: But Is It Enough? Interview with Philippe Desfossés, CEO of ERAFP

Monday, 22 Jun 2015

Guest Blog Post written by Julie Tran during TBLI CONFERENCE™ NORDIC 2015. Views and opinions are that of the writer and are not the official views of TBLI CONFERENCE™. 

When looking at the state of our world concerning climate change, poverty, war and financial crisis, most people would agree with me that it’s time to change. Change in our mentalities, consumer habits, the way we work, connect and collaborate with each other. But is it enough? Or do we need to take bolder steps, especially those who manage the flow of monetary system?

During the past 5-10 years impact investment has grown fast where institutional investors like pension funds are playing a big role driving the movement forward. But there is no growth without challenges. From my attendance of the TBLI CONFERENCE™ NORDIC 2015 in Copenhagen, I had a chance to talk with Philippe Desfossés, CEO of the French public pension fund ERAFP, about the development of impact investment and the implications that it contains.

We started the conversation by talking about the challenges that institutional investors are facing at the moment.

Philippe told me that the first challenge is to survive the low return environment that many pension funds are facing. But despite the low return, he believed that the biggest challenge is to find the right balance between financing the transition of our economy to a more sustainable one, and investing in people who can speed up the transition. It’s also about daring to think out of the box and finding new ventures that have the potential to be disruptors. As incremental steps won’t be enough if we truly want to reach for a more sustainable future.

While I was listening to Philippe, I couldn’t help but think back to the “good old days” where I studied innovation from Copenhagen Business School, learning about disruptive versus incremental innovation. Some would argue that incremental innovations are the most effective, as not all disruptive innovations ended up revolutionising the targeted industry. I wondered; could Tesla’s new home-based battery disrupt the electricity market, decentralise the power and bring out the changes that we need? And preferably not only in wealthy developed countries but also in small remote villages in Africa, Latin America or Asia? If we look at this from a very long timespan, perhaps the most interesting questions are; how will Tesla’s innovation bring out a shift in other renewable energy industries? How would that influence the choices of impact investors who are making the decisions right now concerning which renewable industries to invest in?

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Fuel Free Energy can supply 100% of world's needs. Interview with our Opening Keynote, Jochen Wermuth

Monday, 05 Oct 2015

jochen wermuth interview aljazeeraAccording to Green Peace, the world can rely on renewable energy for 100% of energy needs by 2050. But, what would the costs be? And what would be the impact on geopolitics? Jochen shares his views in this interview he had on Al Jazeera's "Inside Story".

Jochen Wermuth is Founding Partner of Wermuth Asset Management GmbH, a 100% impact family office, and of the Green Gateway Fund, supporting EU resource efficient growth companies. He headed the EU and World Bank financed Economic Expert Group under the Russian Ministry of Finance, was a founding management committee member of OOO Deutsche Bank, started supporting Greenpeace and set up his own firm in the 1990s. 

The Green Gateway Fund 2 invests in EU resource efficient growth companies and helps them to grow in emerging markets where energy consumption per GDP is 4x higher than in the EU, which is both profitable and helps to abate climate change.

Needles to say, we're very proud to have him as our Opening Keynote at our upcoming TBLI CONFERENCE EUROPE 2015 in Zürich, this November.

 

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Interesting: New FTSE Index that excludes fossil fuel firms

Tuesday, 29 Apr 2014

BlackRock, the world’s biggest fund manager, has teamed up with London’s FTSE Group and made a new FTSE index that excludes fossil fuel firms to allow investors to steer clear of the ‘carbon bubble’.

The Financial Times states:
“Several market benchmarks have already been developed to cover companies likely to profit from tougher environmental regulations, such as renewable energy or water management groups. But the FTSE ones are believed to be the first from a leading index group that specifically bar fossil fuel companies” 

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OECD identifies economic threats Norway; oil is one of them

Wednesday, 13 Aug 2014

This May, the OECD (The Organization for Economic Co-operation and Development) states that the Norwegian economy will generally be good in the coming years, but points out two risk factors that may threaten the expected development: The price of oil and the real estate market.

This is another reason why divesting in fossil fuel is increasingly important. It is a tremendous risk for our planet and therefore a big risk for investors. Awareness as well as action are moving in the right direction, thanks to many initiatives world wide. The past months, The Norwegian National Committee for Research Ethics in Science and Technology (NENT) sparked the debate at various Norwegian Universities about whether petroleum research is defensible from the point of view of research ethics.

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