RepRisk

The Taskforce on Inequality and Social-related Financial Disclosures (TISFD) officially launched a couple of weeks ago. It aims to develop a global framework on the reporting of social-related risks, impacts, and opportunities – ‘S’ issues have historically been overlooked compared to that of ‘E’ and considered a challenge to measure. Its goal of creating fairer, stronger societies and economies is highly commendable – and something we can all get behind. My concern is: Are more disclosures the best avenue to achieve that goal? Do we run the risk of doing too much talking (reporting) and too little on the ground action? We hear this from RepRisk clients who face this exact dilemma – the time required to comply with multiple reporting standards and disclosures could be better spent having more tangible impact. For example, the sustainability director of a machine manufacturer spends more time reporting on the metals they source rather than on the work to create a more sustainable supply chain. While disclosures play a role in the sustainability ecosystem, they have their limitations – as they may conceal risks or adverse impacts and often lag behind due to the reporting cycle. This is why timely data based on sources external to a company is so important. Decision-makers must have an unbiased sense of where the issues lie and be ahead of disclosures so they can manage risks effectively and with confidence. Read the Sustainable Views article on this: https://lnkd.in/eCAS5-ND Thank you for sharing my insights, Marie Kemplay. Great piece! #ESGData #RiskManagement #Sustainability

🌟 We were thrilled to host our "Practitioners Meet Academics" conference on "Proxy Voting, Investor Coalitions, and Data: Challenges in Addressing ESG Issues." We were especially pleased by the strong turnout! Our keynote speaker, Laura Starks, Past President of the American Finance Association and Professor of Finance at the Texas McCombs School of Business, University of Texas at Austin, shared valuable insights on the distinction between values and value, emphasizing the risk and opportunity perspectives that asset managers consider when voting on specific policies and preferences. 💡 The conference also showcased: - A welcome address by Ruediger Fahlenbrach - A fireside chat with Jan Jenisch, Chairman of the Board of Directors of Holcim, interviewed by Alexander Wagner - An industry panel discussion with Philipp Aeby, Barbara A. Heller and Alexis Wegerich, PhD, moderated by Zacharias Sautner We also invite you to explore insights from our esteemed presenters on critical topics such as proxy voting, voting policy, and shareholder democracy: Roni Michaely, Ernst Maug, and Maxime Couvert 🤝 A special thank you goes to Norges Bank Investment Management (NBIM) for their support through a research grant, and to the Initiative in Sustainable Finance of the UZH Department of Finance for co-hosting this event. Find out more: https://lnkd.in/eRBraXbM #WeAreDF #ResearchExcellence #FinancialResearch #ESG #ProxyVoting #SustainableFinance #ShareholderDemocracy

🌍 Post-event reflections: RepRisk ESG Breakfast Roundtable at The Gherkin, London This morning's breakfast event was a dynamic and insightful gathering, bringing together experts to discuss the latest trends in ESG risks, regulations, and data integration - and how various stakeholders see their role and contribution in it, from reporting to driving real impact. It’s always a pleasure to connect in person, and a huge thank you to everyone who contributed to these enriching discussions. Whether you're a long-standing supporter of RepRisk or just exploring our solutions for the first time, your engagement and feedback are invaluable! 🔑 Key takeaways: 📊 The regulatory reporting burden: A recurring theme, both in NYC last week and now here in the UK, is the growing challenge of regulatory demands. Sustainability professionals are increasingly torn between implementing meaningful change and satisfying regulators. There’s a shared concern that regulation must evolve beyond a box-ticking exercise to become a tool that enables companies to drive real-world impact. 🤝 The power of engagement: One positive outcome of increased regulation is the surge in engagement between investors, shareholders, and companies. This growing dialogue is shifting ESG discussions from compliance towards actionable impact, fostering greater accountability and ownership. Engagement also drives innovation—companies are finding creative solutions to regulatory barriers, turning challenges into business growth opportunities. ⚖️ Double Materiality / internalizing externalities: A key point of discussion was the critical need to put double materiality at the core of corporate activities. - It’s not just about how companies affect planet and society at large, but also how ESG risks affect financial performance of a company, and effectively how companies internalize negative externalities they will face and equally contribute to. - By taking this approach, ESG reporting can evolve from simple compliance to a meaningful framework that incorporates business conduct due diligence, allowing companies to address pressing global challenges with a more strategic, financially informed perspective Thank you again to all who joined us ! #ESG #Sustainability #Engagement 🤝 #DoubleMateriality ⚖️ #Externalities 🌍 #Innovation 💡 #RepRisk #CSRD #CSDDD #netzero

Great to be back at Searcys in The Gherkin for the annual RepRisk Round Table, a forum uniting likeminded individuals to network, share insights, and collaborate on #ESG, #RiskManagement, #Data, and #Regulation. A big thank you to our speakers, Vian Sharif from FNZ Group, Virginia Martin Heriz from J.P. Morgan, Richard Burrett from Triodos Bank, Georgina Thomas from Cibus Capital LLP and Yaroslav Sovgyra, CFA from Lloyds Banking Group. Your insights were invaluable and very well received.