Thursday 18 January 2024
2-4pm
University of Cambridge CFO Anthony Odgers, Head of Group Treasury Heather Davis, and Anthony's Special Adviser on Responsible Investment Dr Ellen Quigley invite BUFDG members to a discussion regarding Cambridge's climate-related engagements with banks and fund managers. This session may be of particular interest to FDs/CFOs, Deputy FDs, and those working in treasury/investment related roles.
The purpose of this work is to incentivise banking and fund management institutions to make positive moves towards avoiding contributing primary market financing to firms that are engaging in fossil fuel expansion. The hope is to encourage policy and practical changes, enabling the H E sector to contribute directly to climate change mitigation through influence or 'handprint', and reducing the need to switch away from existing banking arrangements.
This webinar is accompanied by a Request for Proposals (RfP) regarding cash products that is intended to provide a 'carrot' for banks and fund managers that might consider phasing out primary market financing of companies that are investing in projects (e.g. new fossil fuel power stations) that “lock in” long term demand. It is a two-phase RfP; in the first round, the focus is on fossil fuel financing, and those that make it into the second round can then share information on product particulars.
If you are interested in signing on to the RfP to help demonstrate a wide sector interest in such a product, please confirm your intention to respond by emailing the University of Cambridge team within the next two weeks. The RfP will be released in January and the bank and fund manager responses are expected in early March. Signing up does not oblige you to actually use any of the products or make any changes to your accounts, so it is low-risk.
Please note that this session will not be recorded and will take place under "Chatham House rules", so that members can have frank and open discussions.
If you have a query regarding your booking, please contact gill@bufdg.ac.uk
Tagged : Sustainability and ESG, Treasury and Investment, Investment, Events, Time to talk
Type : Meeting
Please contact info@bufdg.ac.uk for more information
