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Sustainability risk: supervision, data limitations, scenarios, transition execution​

Day 1 Afternoon

Wednesday 16 September

Location :

ROOM 2

Speakers

Public Authorities
Patrick Amis
Director General, DG Horizontal Line Supervision - Single Supervisory Mechanism (SSM)
Petra Hielkema
Chairperson - European Insurance and Occupational Pensions Authority (EIOPA)
Yann Marin
Deputy Director Financial Stability - Banque de France
Rui Pinto
Member of the Board of Directors - Banco de Portugal
Industry Representatives
Francesca Monti
Group Head of Climate Hub - Generali
Atsushi Yasutake
Director and Senior Managing Executive Officer (CRO), Member of the Board of Directors - Norinchukin Bank

Session overview

Objectives

The session aims to take stock of the six-month evolution of the supervisory framework for sustainability risks, viewed as a set of mutually reinforcing building blocks rather than a collection of institution-specific outputs; to characterise the macro and political headwinds that are simultaneously creating uncertainty and inconsistency in that framework; and to identify the resulting challenges that the convergence of supervisory outcomes and political context poses to the financial sector.

Points of discussion

  1. What are the main features of a consolidating framework for sustainability risks in a context of political headwinds

  2. What are the main ways forward to reinforce the soundness of the financial sphere in sustainability risk context: data, scenarios, transition execution and protection gaps