Assistant Secretary - Ministry of the Economy, Finance and the Recovery Plan, France
Patrick de Cambourg
Chair of the Task Force, EFRAG & President, ANC - European Financial Reporting Advisory Group (EFRAG)
MEP, ECON Committee - Committee on Economic and Monetary Affairs, European Parliament
Laura van Geest
Chair of the Board - Dutch Authority for the Financial Markets (AFM)
Director General for Financial Markets Policy - Federal Ministry of Finance, Germany
President of Nasdaq Stockholm and Head of European Fixed Income and Commodities - Nasdaq
Deputy General Manager - CNP Assurances
Chief Executive Officer - S&P Global Trucost
Director & Head of EU Public Policy - Fidelity International
The session is dedicated to reminding what is expected from the transparency framework regarding the acceleration of the sustainability transition in the EU.
It is also dedicated to discussing the magnitude of the changes generated in the financial sector including its expected stewardship role, and consequently the anticipated cost and timeframe challenges given notably that the financial sector is highly dependent of the information received from corporates they finance, which also face the so-called data gap.
The session will finally discuss the policy efforts required notably to address the transition monitoring challenge, and the provision of technical advice to SMEs.
Points of discussion
- What are the challenges posed to the financial sector by the transition toward the EU environmental goals? What are the actual data and time constraints faced by large and small EU corporates?
- How do the taxonomy, CSRD and EU sustainability reporting standards help to address transition challenges? What are the additional policy priorities required to address the situation?