#RAOEurope24 - what a fantastic day!
What an incredible day! 🎉 #RAOEurope24 exceeded all expectations with insightful discussions, inspiring speakers, and fantastic networking. Huge thanks to everyone who joined us and made it such a memorable experience. Check out some highlights below and stay tuned for more exciting events coming soon! #RAOtheAmericas25 #networking #AssetManagers #FundOwners #responsibleinvesting …..roll on #RAOtheAmericas25 - June 25th, New York!
Hear about the day’s highlights at #RAOEurope24 from our fantastic Host @Pinsent Masons……
Oliver Crowley, Partner, Pinsent Masons summed it up beautifully…..
We were lucky enough to host the Responsible Asset Owners Global Symposia (RAOGlobal.org) Europe 2024 event last week at Crown Place.
Having worn out a notepad or two (and several pints of coffee) to prep for the overview of the day, here are some of the key themes:
▪️ You cannot manage what you cannot measure - asset managers are being asked to collect more and more information. That information must be high-quality to allow management of risks.
▪️ Precision of language is key - expressions have different meanings within organisations, let alone across various rules and regs on sustainability. When setting goals or making disclosures, the meaning needs to be clear to make progress.
▪️ It’s all about the (right) numbers - numbers and metrics are often backward looking. This can hide current issues and the direction of travel.
▪️ Benefit horizon - businesses must have the courage to disclose when targets have not been met. In some cases, missing a short-term target may in fact have a more positive long-term impact.
▪️ Stewardship – there is a cross-Atlantic bifurcation on approaches to stewardship (expression of the day... for which I can’t/won’t take credit). Proposed changes to the stewardship code have generally not been well-received so please participate in the FRC consultation – 19 Feb 2025!
▪️ Putting a price on nature - there are a number of viable paths to allocating capital to nature. The pressure on allocation comes from investors, regulators, employees and, a distant last, customers.
#ResponsibleInvestment #RAOEurope24 #SustainableFinance
The link to recordings to follow shortly…..