What do we really mean when we talk about ethics and culture? Is there a consensus, or do the words simply draw a veil over difficult questions about ourselves, our institutions and the way we structure our common life? Grapple with the substance and it can put us on the path to greater trust in banking and beyond (since problems that have afflicted the sector are not confined to it). Default to using ‘ethics and culture’ as a talismanic incantation and we flunk it.
When we approach ethics and culture thoughtfully, what we are really asking is, what is ‘good’ – what sort of people we want to be and what sort of community we want to live in. Things that are consistently good inspire trust. This may seem like an enormous leap from the day-to-day business of financial institutions, but only because we are operating under a series of misapprehensions.
With keynote from Emmanuel Faber, Chair, International Sustainability Standards Board (ISSB)
Plenary - Leading with purpose: asset owner expectations for the next 10 years
New climate commitments, greater reporting expectations and tighter manager monitoring are changing the relationship between asset owners and asset managers.
David discusses key themes in The Social Licence for Financial Markets.
Episode 10: Interview with David Rouch - Investing for Sustainability Impact
David Rouch talked about the report "A Legal Framework For Impact" in the last episode. He discussed the impact of the report on financial services and how the law in England and Wales is changing to support sustainable investing. He also identified the main barriers to aligning financial flows with the Paris Agreement's objectives.
David Rouch is a financial services partner at Freshfields with expertise in sustainable investing.
Resources: You can access the “Legal Framework for Impact” report, here. You can learn more about David’s work, here.
Episode 9: Climate Law Matters
In this episode, David provides an overview of the report. He explains what “investing for sustainability impact” (“IFSI”) means; and how it differs from other forms of sustainable investing, such as ESG. He sets out, in broad terms, the findings in the report.
Resources: You can access the “Legal Framework for Impact” report, here. You can learn more about David’s work, here.
