Singapore Sustainable Finance Association

TNFD & SSFA Breakfast Roundtable with Taskforce Members & Early Adopters

Description:

This breakfast roundtable discussion, jointly organised by TNFD and Singapore Sustainable Finance Association (SSFA), welcomes business leaders and key decision-makers from financial institutions, public and private corporate entities (both small and large) to deepen their understanding of the risks and opportunities that result from their impacts and dependencies on nature.

Leading this discussion is Ms Emily McKenzie, TNFD’s Technical Director, who will commence with an overview of TNFD and the current adoption within the Singapore/Asia landscape. This is followed by a panel discussion involving the Taskforce Members and Early Adopters who will share their TNFD experiences from both regulatory and corporate perspectives, shedding light on the implications for sustainable finance and the integration of nature into corporate reporting practices. The event concludes with a roundtable discussion with key sustainability stakeholders who will provide deeper insights into financing and investing in natural capital and biodiversity.

Date: 16th April 2024, Tuesday
Time: 07:15-08:45 SGT
Venue: Marina Bay Sands
Note: By Invitation Only

Objectives:

  • Learn about the benefits and challenges of TNFD integration firsthand from the Taskforce Members and Early Adopters
  • Foster a deep understanding of TNFD, its adoption and its implications for sustainable finance within the Singapore/Asia landscape

About Co-convener:

The Taskforce on Nature-related Financial Disclosures (TNFD) has developed a set of disclosure recommendations and guidance that encourage and enable business and finance to assess, report and act on their nature-related dependencies, impacts, risks and opportunities. By better understanding the risks and opportunities that result from their impacts and dependencies on nature, businesses and finance can take meaningful decisions to reduce risks and shift the flow of global capital towards nature-positive outcomes.

Speakers:

  • Mr Diego de Sartiges (Managing Director, Pollination)
  • Ms Emily Mckenzie (Technical Director, TNFD)
  • Mr Eric Lim (Chief Sustainability Officer, UOB)
  • Mr Eric Nietsch (Head of ESG Asia, Manulife Investment Management)
  • Ms Esther An (Chief Sustainability Officer, CDL)
  • Ms Herry Cho, (Managing Director, Head of Sustainability and Sustainable Finance, SGX)
  • Mr Mikkel Larsen (CEO, Climate Impact X)
  • Mr Oliver Withers (Head of Nature, Standard Chartered)
  • Mr Snorre Gjerde (Lead Investment Stewardship Manager, NBIM)

Programme:

7:00 Registration & Buffet Breakfast
   
7:15 – 7:20 Welcome and Introduction by Ms Emily McKenzie, Technical Director (TNFD)

  • The current progress of TNFD will be discussed along with a general overview of adoption in Singapore/Asia thus far.
   
7:20 – 7:50 Session 1: Panel Discussion – TNFD: Interventions from Taskforce Members and Early Adopters [20 min]; Q&A [10 min]

  • Speaker: Ms Roxanne Tan, Senior Managing Consultant, Climate Policy, Finance and Carbon Markets, South Pole
  • Provide an overview on the current state of play in carbon markets
  • Introduce the carbon credit value chain and key stakeholder roles
   
13:00 – 00:00 Perspectives of a Project Developer

  • Speaker: Mr Jeff Silverman, Senior Director of Natural Climate Solutions, Asia Pacific Field Division, Conservation International
  • Discuss the process of designing and implementing carbon projects. Share insights on challenges and best practices in generating high-quality carbon credits
  • Case study sharing quantifying environmental and social impacts of carbon projects
   
13:00 – 00:00 Perspectives of a Financial Institution 

  • Speaker: Ms Lucy Palairet, Director Carbon Markets Development, Standard Chartered
  • Investment trends in carbon markets, what makes carbon projects bankable, including any real examples; Risk management and challenges finding a commercially viable projects. Case study sharing.
   
13:00 – 00:00 Perspectives of a Carbon Project Investor 

  • Speaker: Ms Ashley Chan, Director, Investment Group, GenZero
  • Discuss the impact of financial support on the scalability and success of carbon projects
  • Share considerations on balancing risks and reward (for example through rigorous project selection, FPIC and community engagement, and innovative solutions such as concessionary capital and insurance)
   
13:00 – 00:00 Break (15 minutes)
   

13:00 – 00:00

Perspectives of a Carbon Data Provider & Ratings Agency

  • Speaker: Mr Louis Booth, Commercial Lead, APAC, Sylvera
  • The role of data, verification and analytics in the credible trading and management of carbon credits. Case study sharing on digital MRV in enabling high quality carbon market projects
   
13:00 – 00:00 Perspectives of an Intermediary

  • Speaker: Mr Ellery Sutanto, Head of Exchange, Climate Impact X
  • Explain the role of intermediaries and platforms in facilitating carbon credit transactions
  • Share insights on the mechanics of carbon trading and the technologies used, highlighting the end-user experience on their platform
   
13:00 – 00:00 Perspectives of a Carbon Credit Buyer

  • Speaker: Ms Genevieve Ding, APAC Head of Carbon Credits & Nature-based Solutions, Amazon Worldwide Sustainability
  • Corporate sustainability goals, procurement strategies, challenges in ensuring the integrity and efficacy of purchased credits. Case study sharing of customer purchasing journey
   
13:00 – 00:00 Establishing Links and Concluding Remarks

  • Speaker: Ms Lucy Palairet, Director Carbon Markets Development, Standard Chartered
  • Summarise insights gleaned, offer own views, invite further views from presenters
   
13:00 – 00:00 Q&A moderated by SSFA Director – Kavitha Menon
   
13:00 – 00:00 Networking & Refreshments
   
13:00 – 00:00 Close of Workshop

For more information, please contact the SSFA Secretariat Team (info@ssfa.org.sg)

General Membership Approval Criteria

Prioritise organisations with a defined approach to sustainable finance and have demonstrated thought leadership

Domain expertise in areas that are of strategic importance to SSFA

Prioritise corporates from sectors that are critical for Singapore’s decarbonisation

Ability and capacity to contribute to SSFA’s activities – workstreams and events

General Members’ Categories

FI Partners

  • Financial Services
  • Financial Regulators
  • Financial Sector Industry Bodies, Networks, Platforms & Associations

Industry Partners

  • Non-financial Sector Corporates
  • Non-financial Sector Industry Bodies, Networks, Platforms & Associations
  • Government Agencies

Knowledge Partners

  • Academia/IHLs*
  • Consulting and Advisory Services
  • Data Providers
  • International Organisations*
  • Multilateral Development Banks (MDBs)*
  • NGOs*

*Non-fee paying, by invitation only