Agenda
| Day 1 | 4 September 2019 SUSTAINABILITY REPORTING: IS MANDATORY BETTER? | ||
| 0800 | Registration and Networking reception | |
| OPENING PLENARY | ||
| 0900 | Welcome and Opening Remarks | Rajesh Chhabara, Managing Director, CSRWorks International |
| 0930 | Keynote 1: Towards more and better reporting: the role of mandates | Tim Mohin, Chief Executive, Global Reporting Initiative (GRI) |
| 0945 | Keynote 2: The role of capital markets in driving ESG disclosure | Dr. Madelyn Antoncic, Chief Executive Officer, Sustainability Accounting Standards Board (SASB) |
| 1000 | Plenary Panel: How far can we go, how far should we go?
• Many of the mandatory reporting frameworks are driven to meet the needs of investors. Is this good? Does this leave behind other stakeholders? • Should it include everything, should there be a menu for selection of disclosure allowing companies a certain choice? • Should only a certain set of disclosures be mandated? • Should large companies be treated differently than small/private companies? | Panellists: 1. Tim Mohin, Chief Executive, Global Reporting Initiative (GRI) 2. Dr. Madelyn Antoncic, Chief Executive Officer, Sustainability Accounting Standards Board (SASB) 3. Jonathan Labrey, Chief Strategy Officer, International Integrated Reporting Council (IIRC) 4. Edoardo Gai, Managing Director, Head of Sustainability Services, RobecoSAM (DJSI) Moderator: Rajesh Chhabara, Managing Director, CSRWorks International |
| 1030 | Networking Tea Break | |
| SPOTLIGHT ON ASIA | ||
| 1100 | Keynote: The business case for making sustainability reporting mandatory | Yeo Lian Sim, Special Adviser Diversity, Singapore Exchange (SGX) |
| 1115 | Is mandatory better in Asia? How are regulatory and voluntary frameworks changing the reporting landscape in Asia?
• What is working and what is not? • Have regulations achieved the desired goals? • Is compliance driving transparency? • What are the challenges for companies emerging from mandated reporting? • What’s the road ahead? | Panellists: 1. Nguyen Quang Vinh, Secretary General, Vietnam Chamber of Commerce and Industry 2. Win Myint Aung, Corporate Affairs Director, City Mart Holding Co. Ltd 3. Dr. Lawrence Loh, Director, CGIO, NUS Business School 4. Alia Lindasista, Head of Investor Relations, PT Pertamina (Persero) 5. Chien-Yu (Richard) Chen, Senior Manager, Strategy & Business Development, CSRone Reporting Moderator: Jessica Cheam, Managing Editor, Eco-Business |
| THE CSO PERSPECTIVE | ||
| 1200 | Self-regulation or mandatory?
• Does mandatory reporting drive disclosure down to the minimum mandated level, leaving no incentive for companies to report more fully on overall impacts? • Does mandated reporting remove the differentiator of disclosure and leave the differentiator of performance to emerge? Is this a good thing? • Will mandatory reporting catalyse performance to deliver the UN2030 Agenda and more? Is it a smokescreen? | Panellists: 1. Esther An, Chief Sustainability Officer, City Developments Limited 2. Janice Lao, Director, Group Corporate Responsibility and Sustainability, The Hongkong & Shanghai Hotels 3. Anirban Ghosh, Chief Sustainability Officer, Mahindra Group 4. TS Wu, Chief Sustainability Officer, ASUSTeK Computer Inc. Moderator: Elaine Cohen, Managing Director, Beyond Business, Co-Chair of Summit |
| 1230 | Networking Lunch | |
| BREAKOUT WORKSHOPS (PARALLEL STREAMS) | ||
| 1330 | Workshop 1 Engaging the Board on ESG disclosures ESG has become an important issue for investors, capital markets, regulators and stakeholders. Company Boards have a vital role to play in assessing the organisations’ ESG risks and opportunities. The questions are:
• How can the Board engagement influence the organisation’s ESG performance and reputation? • What can senior management do to engage the Boards? • Should overseeing ESG issue become part of director’s fiduciary duty? • What are the best practices in engaging the Boards? | Panellists: 1. Anirban Ghosh, Chief Sustainability Officer, Mahindra Group 2. Agnes C. de Jesus, Chief Sustainability Officer, First Philippine Holdings Corporation (FPH) 3. Dr. Lawrence Loh, Director, CGIO, NUS Business School 4. Alex Mavro, Senior Advisor, Sasin Management School, Chulalongkorn University Moderator: Kübra Koldemir, Sustainability Researcher, Argüden Governance Academy |
| Workshop 2 Integrated Reporting: Communicating your value creation story to investors
• How do companies get started on the path to integrated thinking and reporting - some practical tips and case studies • What are the information needs of investors in a world where value creation is impacted by intangibles, climate change and sustainable development? • What is the evidence that integrated reporting leads to stronger performance and better outcomes for business and society? • How can companies break down internal silos to gain access to the information needed to support integrated thinking and reporting? • What is the business case for integrated reporting and how can you communicate this to internal stakeholders as well as your investors? | Facilitators: 1. Jonathan Labrey, Chief Strategy Officer, International Integrated Reporting Council (IIRC) 2. Paul W Chan, President, Malaysian Alliance of Corporate Directors (MACD) 3. Prof. Dr. Guler Aras, Founding Chair, Integrated Reporting Network Turkey | |
| Workshop 3 Masterclass in implementing the TCFD (Task Force on Climate-related Financial Disclosures) recommendations Almost 800 organisations have expressed their support for the TCFD recommendations, but the market has cited a need for practical guidance on how to implement them Join this workshop to learn:
• how organisations in similar industries and sectors to yours are implementing the recommendations; • guidance to effectively implement the 11 recommended disclosures. Whether you’re just getting started or looking to take a more sophisticated approach to reporting, you’ll leave this workshop with practical advice and helpful resources to take the next step in climate-related financial disclosure. | Facilitator: Nadine Robinson, Technical Director, Climate Disclosure Standards Board (CDSB) | |
| Workshop 4 The Language of Sustainability The Language of Sustainability is emerging and evolving alongside new paradigms for changing the business landscape. Learn how enterprises are coining new terms to create social value and advance the UN Sustainable Development Goals. Be part of a global effort to co-create and define the Language of Sustainability. You will learn:
• How to make corporate reporting more inspiring and cutting edge • New ways of thinking, hiring, designing, and manufacturing | Facilitator: Deborah Leipziger, Sustainability Consultant and Author | |
| GRAND ROUNDTABLE | ||
| 1430 | What companies don't disclose? A balanced disclosure of ESG performance against material impacts and risks is at the core of sustainability reporting. Are reporters transparent enough to meet stakeholder expectations? Or, are companies being selective in reporting to include only the good news? What are the issues that companies fail or avoid to disclose? In this Grand Roundtable, we debate these burning topics and much more. | Panellists: 1. Chia Boon Chong, Director, Group Sustainability, Singtel 2. Roshan Rajadurai, Managing Director, Hayleys Plantation Sector 3. Juliette Macresy, Head, Greater China and South East Asia Market, Vigeo Eiris 4. Kavickumar Muruganathan, Deputy Director, Sustainability, Heveaconnect 5. Cristina Gil, Vice-President, Corporate Affairs, Mexichem Moderator: Rajesh Chhabara, Managing Director, CSRWorks International |
| 1530 | Networking Tea Break | |
| DRIVERS, BENEFITS AND RISKS OF MANDATED REPORTING | ||
| 1600 | The role of NGOs in driving ESG disclosure and transparency. NGOs played a vital role for over two decades demanding transparency and disclosures from companies. As investors, lenders and regulators put ESG disclosure on this agenda, what is next for NGOs?
• What works best? Collaboration or confrontation? • What is the place for NGOs in a mandated reporting environment? | Panellists: 1. Emily Kreps, Global Director, Investor Initiatives,CDP 2. Dr. Wu Huijuan, Assistant Director, Singapore Institute of International Affairs (SIIA) 3. Colin Hubo, Executive Director, Center for Social Responsibility, University of Asia and the Pacific (UA&P) 4. Lise Pretorius, Sustainable Finance Engagement Manager, WWF Singapore Moderator: Dr. Mohan V. Avvari, Associate Professor & Director of Research, Nottingham University Business School |
| 1630 | Can legal requirements lead to comparability?
• Is comparability important? • Does global one-size-fits-all approach work? • How do you enforce mandated disclosure? • What regulatory support systems are needed to ensure all companies comply? • What penalties should be in place for companies that do not comply? | Panellists: 1. Michael Tang, Head, Listing Policy & Product Admission, Singapore Exchange (SGX) 2. Bharti Bhambwani, Deputy Manager, Listing Business, Bombay Stock Exchange 3. Libby Bernick, Managing Director, S&P Global 4. Deborah Leipziger, Sustainability Consultant and Author 5. Prof. Dr. Guler Aras, Founding Chair, Integrated Reporting Network Turkey Moderator: Elaine Cohen, Managing Director, Beyond Business, Co-Chair of Summit |
| 1715 | ESG Disclosure: Are companies and investors on the same side? ESG disclosures have become important for capital and financial markets, aiming to help investors make better investment decisions by incorporating ESG performance into company evaluations. At the same time, companies publish ESG information in response to demands from broader groups of stakeholders whose lives are affected by their business in different ways. Where is the convergence of investor and corporate interest in sustainability terms? This panel will address questions such as:
• What decisions are useful ESG information for investors? Are companies being forced to make disclosures which are not relevant to stakeholders? • What role can intermediaries play in helping both investors and companies come to a common ground on ESG reporting? Do regulators have a role in helping develop this eco-system? • Is the focus of investors on ESG issues counterproductive? Does it lead to adverse selection bias? How do investors really monetize ESG disclosures? Do current standards favour one set of companies over other? • How can we prevent "Greenwashing" in the name of ESG disclosure? • How can investors and companies come together to improve the ESG eco-system to make a maximum impact on society and deliver on SDG mandate in the longer term? Can business be an agent of good for society, in addition to having its profit motive? | Panellists: 1. Asthildur Hjaltadottir, Director Regions and Programs Implementation, Global Reporting Initiative (GRI) 2. Marion O’Donnell, Associate Director, ESG, Fidelity International 3. Koleen Davila Palaganas, Vice-President, Sustainability, SM Investments 4. Madhulika Sharma, Chief Corporate Sustainability, Tata Steel Limited 5. Kübra Koldemir, Sustainability Researcher, Argüden Governance Academy Moderator: Anand Ramachandran, Partner and Fund Manager, River Valley Asset Management |
| 1800 | Networking Cocktail and announcement of Asia’s Top Sustainability Superwomen 2019 Guests-of-Honour: Tim Mohin, Chief Executive, Global Reporting Initiative (GRI) Asthildur Hjaltadottir, Director Regions and Programs Implementation, Global Reporting Initiative (GRI) | |
| End of Day 1 |
| Day 2 | 5 September 2019 REPORTING IN PRACTICE | ||
| 0830 | Networking reception | |
| OPENING PLENARY | ||
| 0900 | Opening Remarks | Rajesh Chhabara, Managing Director, CSRWorks International |
| 0905 | Opening Keynote: Mandatory Sustainability Reporting: How is Sweden Driving Corporate Transparency and Disclosure | Niclas Kvarnström, Ambassador of Sweden, Singapore |
| 0920 | Integrated Reporting: Where is it headed?
• What is driving adoption of integrated reporting? • How do Investors and regulators view integrated reporting? • How do you engage the Board on integrated reporting? • How do you integrate the SDGs, TCFD and SBTi into integrated reporting? • What is the place of integrated reporting in a growing clutter of reporting frameworks? What lies ahead? • How can SMEs and government organisations benefit from integrated reporting? | Panellists: 1. Jonathan Labrey, Chief Strategy Officer, International Integrated Reporting Council (IIRC) 2. Ma. Victoria A. Tan, Head, Group Risk Management and Sustainability Unit, Ayala Corporation 3. Dr. Yılmaz Argüden, Founder, Chairman, ARGE Consulting 4. Evi Afiatin, CFO, Managing Director, Finance & Risk Management, BPJS Ketenagakerjaan 5. Sinem Ozonur, Head of Integrated Reporting, Garanti BBVA Moderator: Janice Lao, Director, Group Corporate Responsibility and Sustainability, The Hongkong & Shanghai Hotels |
| 1000 | Has ESG become a central issue for investors and lenders?
• What is more important? Risks or value creation? • Are reports meeting investors’ ESG data needs? • Is greenwashing a threat to the ESG momentum? What should be done? • How do investors use and compare ESG data to make investment decision? • How is ESG disclosure supporting green finance, green bonds and green loans? | Panellists: 1. Emily Kreps, Global Director, Investor Initiatives, CDP 2. Elaine Ng, Executive Director, Client Coverage, MSCI Inc. 3. Eugenia Koh, Head of Sustainable/Impact Investing & Engagement Strategy, Standard Chartered Bank 4. Herry Cho, Head, Sustainable Finance, Asia-Pacific, ING 5. Juliette Macresy, Head, Greater China and South East Asia Market, Vigeo Eiris Moderator: Nafis Alam, Associate Professor, University of Reading Malaysia |
| 1030 | Networking Tea Break | |
| ASIA'S SUSTAINABILITY TIGERS | ||
| 1100 | Insights from Taiwan Twenty one Taiwan companies have made it to the latest Dow Jones Sustainability Indices (DJSI) including two companies as industry leaders. Companies from Taiwan have also performed exceptionally well in the Asia Sustainability Reporting Awards. How have they become leaders in ESG reporting?
• The role of the Taiwan Stock Exchange (TWSE) in driving the quality of reporting. • How are the companies integrating ESG into their business? • Challenges faced and lesson learnt • How have companies benefited from high-quality ESG reporting? | Panellists: 1. Pony Bo-Li Huang, Senior Vice President, Corporate Governance Dept, Taiwan Stock Exchange (TWSE) 2. TS Wu, Chief Sustainability Officer, ASUSTeK Computer Inc. 3. Chien-Yu (Richard) Chen, Senior Manager, Strategy & Business Development,CSRone Reporting 4. Dan-Ni (Nico) Chen, Executive Manager, CSO Office, Sinyi Realty 5. Edoardo Gai, Managing Director, Head of Sustainability Services, RobecoSAM (DJSI) Moderator: Rajesh Chhabara, Managing Director, CSRWorks International |
| 1145 | Insights from Thailand Twenty Thailand companies have made it to the latest Dow Jones Sustainability Indices (DJSI) including six companies as industry leaders. Companies from Thailand have also performed exceptionally well in the Asia Sustainability Reporting Awards. How have they become leaders in ESG reporting?
• The role of the Stock Exchange of Thailand (SET) in driving the quality of reporting. • How are the companies integrating ESG into their business? • Challenges faced and lesson learnt • How have companies benefited from high-quality ESG reporting? | Panellists: 1. Nareerat Santhayati, Deputy VP, Sustainable Development Department, The Stock Exchange of Thailand (SET) 2. Kiatchai Maitriwong, Senior EVP, Corp. Strategic Planning and Sustainability Dev., Bangchak Corporation 3. Somjettana Passakanon, Director, Sustainability, Good Governance and Corporate Communication Office, Charoen Pokphand Group 4. Alex Mavro, Senior Advisor, Sasin Management School, Chulalongkorn University 5. Edoardo Gai, Managing Director, Head of Sustainability Services, RobecoSAM (DJSI) Moderator: Candice Low, Corporations & Supply Chains Manager, CDP |
| 1230 | Networking Lunch | |
| BREAKOUT WORKSHOPS (PARALLEL STREAMS) | ||
| 1330 | Workshop 1 Managing risks and opportunities with a sustainable and transparent supply chain With increased regulation, public scrutiny and stakeholder expectations, the way businesses manage supply chain risk is changing. Setting up policy is no longer enough and procurement teams need more reliable indicators of suppliers’ sustainability performance, actions is urgently in need. In this session, join us to discuss why now is the time to go beyond Code of Conduct and the “tick-the-box” exercise to drive a more sustainable, innovative and resilient supply chain.
• How are you managing supplier risk today? Do you have enough transparency and visibility on your suppliers’ practice? How are you collecting your information? What has and has not worked for you? • How do drive continuous improvement and more innovation for a more robust and sustainable supply chain? | Facilitators: 1. Aaron Leonard, Account Executive, APAC, EcoVadis 2. Yeh Di Harn, Account Executive, EcoVadis 3. Alexandre Paute, Sustainable & Collaborative Procurement coordinator, APAC, Air Liquide Hub Asia Pacific |
| Workshop 2 Uncovering the value of ESG in business ESG is becoming mainstream for investors around the world and is no longer limited to investment boutiques. Asset managers and owners engage dedicated ESG professionals to assess companies sustainability performance. Investor Relations leaders need to proactively include ESG in the business context in their company’s IR narrative. Often times, companies are not able to make the financial link between their sustainability issues and business strategy. Learn the importance of:
• Establishing a business case for sustainability so that investors see value in it? • Proving to ESG focused investors that sustainability is embedded in your corporate strategy | Facilitator: Edoardo Gai, Managing Director, Head of Sustainability Services, RobecoSAM (DJSI) | |
| Workshop 3 What’s a Sustainability Report without Targets? In the changing sustainability landscape, it is not enough to report what you have done; stakeholders expect you to commit to doing more in the future, and to report transparently against your commitments. Companies that deliver sustainability reports without targets are only telling half the story. Join this breakout session to hear the other half. You will learn:
• Characteristics of relevant and meaningful targets • Dilemmas in target-setting and reporting and how to address them • Best practice examples of target reporting in Sustainability Reports • What not to do when disclosing targets and performance against targets | Facilitators: 1. Elaine Cohen, Managing Director, Beyond Business, Co-Chair of Summit 2. Cristina Gil, Vice-President, Corporate Affairs, Mexichem | |
| Workshop 4 SASB Workshop: Connecting businesses and investors on the financial impacts of sustainability In November 2018, the Sustainability Accounting Standards Board (SASB) published a complete set of 77 globally applicable, industry-specific standards which identify financially material ESG topics and associated metrics for the typical company in an industry. These standards are designed to be cost-effective for companies to implement and decision-useful to both companies and investors. This session will cover the approach to financial materiality and the process followed by SASB staff and Standards Board to develop these standards. It will also highlight the SASB tools and resources created for users, and current trends in the ESG disclosure and investment space. Lastly, there will be a deep dive into examples of leading practices of corporate disclosure using the SASB framework. Learning objectives:
• Understand SASB’s standards development process, including how companies and investors contributed to standards development • Identify how to determine the sustainability-related issues most likely to affect long-term risks and value creation for your company. • Assess the management and disclosure of those issues and consider how your organization can use the SASB standards to inform and enhance engagement with stakeholders. • Review examples of disclosure using the SASB framework from companies in different examples. • Understand how the SASB Standards are complementary to other frameworks, and how they can be used to implement principles based frameworks like TCFD and Integrated Reporting. | Facilitators: 1.Sten White, External Communications Manager, Sustainability Accounting Standards Board (SASB) 2. Mylene Kok, Executive Director, DR Group, J.P. Morgan (Asia) | |
| MY REPORT | ||
| 1430 | Keynote: Challenges of conducting a materiality analysis in a highly diversified company | Cristina Gil, Vice-President, Corporate Affairs, Mexichem |
| 1445 | Sinyi Realty, Taiwan | Dan-Ni (Nico) Chen, Executive Manager, CSO Office, Sinyi Realty |
| Singtel, Singapore | Chia Boon Chong, Director, Group Sustainability, Singtel | |
| Hair O'right International Corp, Taiwan | Steven Ko, Chairman, Hair O'right International Corp | |
| Phu Nhuan Jewelry, Vietnam | Cao Thi Ngoc Dung, Chairwoman, Phu Nhuan Jewelry | |
| 1530 | Networking Tea Break | Networking Tea Break |
| CARBON DISCLOSURE | ||
| 1600 | Is reporting keeping pace with the Paris Agreement target?
• Are companies reporting the actual impact and targets? • What are the challenges in adopting climate disclosure standards and what can be done? • What are the best practices in climate disclosure? • How can carbon disclosure help transition to low carbon economy? • Should climate disclosure become mandatory? what role can the government play? | Panellists: 1. Emily Kreps, Global Director, Investor Initiatives, CDP 2. Nadine Robinson, Technical Director, Climate Disclosure Standards Board (CDSB) 3. Camilla Fenning, Director, SEA Climate & Energy Network, British High Commission, Singapore 4. Liza B. Silerio, Vice President, Corporate Compliance, SM Supermalls Moderator: Marion O’Donnell, Associate Director, ESG, Fidelity International |
| THE FUTURE OF REPORTING | ||
| 1630 | Keynote: The future of reporting: Blockchain analytics | Girish Ramachandran, President, Tata Consultancy Services, Asia Pacific |
| 1645 | Keynote: Strategic Sustainability Reporting: Integrating global goals | Esther An, Chief Sustainability Officer, City Developments Limited |
| 1700 | Emerging Topics in Sustainability Reporting As our world evolves, and sustainability reporting advances, so reporting must keep pace with new sustainability topics and challenges that companies face. Not all emerging topics are reflected in new regulation. Therefore, reporters must keep their ear to the ground and stay abreast of emerging topics that can help them gain positive reputation and mitigate risk through early disclosure. Current emerging topics on our radar include:
• Diversity beyond male-female gender • Gender pay-gap reporting • Tax disclosure | Panellists: 1. Asthildur Hjaltadottir, Director Regions and Programs Implementation, Global Reporting Initiative (GRI) 2. Dr. Yılmaz Argüden, Founder, Chairman, ARGE Consulting 3. Agnes C. de Jesus, Chief Sustainability Officer, First Philippine Holdings Corporation (FPH) 4. Ibrahim N. Al-Zu’bi, Chief Sustainability Officer, Majid Al Futtaim Holding 5. Lovish Ahuja, Group Head of Sustainability, GHCL Ltd Moderator: Juniati Gunawan, Lecturer and Director, Trisakti Sustainability Center, Trisakti University |
| REPORTING EXCELLENCE | ||
| 1730 | AWARD-WINNING REPORTS - HEAR FROM ASRA JUDGES Accomplished judges volunteer many hours of their time to select the winning reports by category and overall in the annual Asia Sustainability Reporting Awards (ASRA). The result is a combination of analysis, using a proprietary judging framework, as well as experienced judgment. Winning reports always stand out from the crowd!
• What do ASRA judges look for in a winning report? • What do ASRA judges look for in a winning report? • Reporting strategies used by award-winning reporters • What elements of your report are most compelling for ASRA Judges? • And what elements are simply frustrating? • Best practice examples | Panellists: 1. Elaine Cohen, Managing Director, Beyond Business 2. Alex Mavro, Senior Advisor, Sasin Management School, Chulalongkorn University 3. Dr. Mohan V. Avvari, Associate Professor & Director of Research, Nottingham University Business School 4. Juniati Gunawan, Lecturer and Director, Trisakti Sustainability Center, Trisakti University Moderator: Rajesh Chhabara, Managing Director, CSRWorks International |
| 1800 | LUCKY DRAW | |
| End of Asia Sustainability Reporting Summit 2019 |