Webinar: ESG and Treasury in Europe and Asia
29 June 2021 | 9am BST / 4pm SGT
ESG (environmental, social and governance) standards have fast risen up corporate agendas as investors, consumers and regulators increasingly demand action on climate change through emissions reduction, stronger efforts towards social development goals and greater transparency in governance.
For corporate treasurers, ESG is an agent in debt funding, where in the green bond market, corporates issued USD64bn in 2020. Sustainability and social bonds have also grown in the Covid crisis, with use of proceeds focussed on positive health and social outcomes. Sustainability linked loans and deposits are also increasingly available to treasurers in bank markets. There has also been an increasing commitment to reduce carbon emissions. A well-functioning voluntary carbon market will be critical to reaching net zero and net negative goals, and corporate treasuries will be increasingly relied upon to implement these strategies.
In this session we discuss the implementation of ESG measures in treasury, and look beyond funding to incentivising positive sustainability impacts in areas including supply chains, commodities, derivatives, and investments, to create a holistic view of ESG for treasurers.
Read The role of sustainable finance in achieving the corporate ESG agenda report from Standard Chartered.
Alex AshbyHead of Treasury Tesco
Alex has a Corporate Treasury background and has worked at Tesco for over 6 years; currently as the Head of Treasury and prior to this as the Head of Risk where he established risk management frameworks and governance for Tesco’s retail operations. Before joining Tesco, he worked in Energy trading in a variety of roles.
Alex is a Fellow of the Association of Corporate Treasurers (FCT) and of the Association of Chartered Certified Accountants (FCCA) with a background in Mathematics from Bristol University.
Sanchay SinglaPortfolio Manager EM Debt Legal & General Investment Management (LGIM)
Sanchay is a lead portfolio manager on corporate and absolute return funds within the Global Emerging Markets debt team at Legal & General Investment Management. Sanchay co-authored a thought piece, integrating ESG risk into investment process. Prior to joining LGIM, Sanchay was a principal risk taker at RBS (London & Singapore) for 3 years where he made markets in European and Asian Credit across currencies. Sanchay graduated from the Indian Institute of Management, Ahmedabad and holds a master’s degree in Business Administration. He also holds Bachelors in Computer Engineering from the University of Delhi and is a CFA Charterholder.
Francis C.M. HoSenior Director - Group Treasury & Project Finance CLP Holdings Limited
Francis Ho is responsible for CLP Group Treasury & Project Finance including corporate funding, structured and project finance, financial risks management, credit ratings, provident fund management, debt investors and bank relationships as well as compliance with treasury activities. Prior to the assignment at Group Treasury & Project Finance, Francis was a project financier at CLP Power Asia, specializing in structured and project finance, investment appraisal and financial risks management for CLP’s overseas investments in China, Australia, India, and Southeast Asia.
Francis serves as a member in the Executive Board of Treasury Market Association (TMA), which is sponsored by the Hong Kong Monetary Association. The principal functions of TMA include promoting co-operation and synergy among market practitioners to enhance professionalism and overall competitiveness of the treasury markets in Hong Kong, thereby maintaining the role as an international financial centre. Francis is also the Convener of the Hong Kong Association of Corporate Treasurers and a founding member and the Chairman (Membership) of the International Association of CFOs and Corporate Treasurers (China).
Jamie ToedtmanHead of Corporate Sales – UK Standard Chartered
Jamie is currently leading the corporate sale team in London after relocating in 2018 from New York. He has extensive experience in working with mid-cap and large-cap multi-national corporations to mitigate their risks to FX, Interest Rate, and Commodity exposures. Jamie began his career nearly 20 years ago in operations at State Street Corporation prior to moving to FX Sales for mid-market US Corporations at PNC Bank and Wells Fargo. He received an MBA with a concentration in Finance from Northeastern University in Boston, Mass and a BA in International Relations from Colgate University in Hamilton, NY.