Program TBLI 2006 Paris

November 9: Opening

09:00 Welcome

Podcast of this session

Location: Grand Auditorium

Robert Rubinstein - Founder & CEO Brooklyn Bridge-TBLI Group

Antoine de Salins, FRR(Fonds de Réserve pour Les Retraîtres), Member of Executive Board, France

09:15 Opening Keynote - Paul Watchman, LeBoeuf Lamb, Partner, UK

THE SUSTAINABILITY OF FIDUCIARY DUTIES

Location: Grand Auditorium

09:45 TBLI Roundtable Challenge- Will sustainable investments become mainstream or will the definition be changed?

Podcast of this session

Location: Grand Auditorium
Moderator: Ylva Lindberg, SIGLA, Founder and Managing Director, Norway

Andreas Knörzer, Bank Sarasin, Head of Sustainable Investments, Switzerland
Wim Vermeir, Dexia Asset Management, Global Head of Equity and Sustainable Management-Member of Executive Committe, Belgium
Thierry Deheuvels, AGF-AM, General manager of AGF AM in charge of investment (CIO), France
George Möller, Robeco, CEO, Netherlands
Miguel Athayde Marques, Euronext, Member Managing Board, Portugal

11:00-11:30 Coffee Break

Location: Foyer

11:30-12:00

12:00-13:15 TBLI Roundtable-Integrating Sustainability

Podcast of this session

Location: Grand Auditorium
Moderator: Leo Johnson , Sustainable Finance, Partner, France

Andy Ruben, Wal-Mart Stores, Inc., Vice-President, USA
Martin Skancke, Norwegian Ministry of Finance (Government Pension Fund), Director General of the Asset Management Department, Norway
Bryan Martel, Environmental Capital Group Managing Partner and Environmental Investment Advisor to CalPERS, USA
Antoine de Salins, FRR(Fonds de Réserve pour Les Retraîtres), Member of Executive Board, France

13:15-14:30 Lunch

Location: La Nef

14:30-16:15 Workshops

1 Alternative Investments I - Experience sharing of sustainable private equity funds . Where have they invested? What can be learned from the lemons and the plums?

Podcast of this session

Location: Salle Labarre

Noah Beckwith , Aureos, Partner, UK
Harnessing Synergies: Responsible Private Equity Investment in SMEs
Peter Fusaro, Global Change Associates, Director, USA
How the New Green Business Model is Emerging
Investment in the green energy space is creating a hybrid model somewhere between venture capital, hedge funds and private equity. This briefing will provides insights on how this new business model is being applied in both renewable energy and carbon finance sectors.
Andrew Musters, Robeco, Partner, Netherlands
Clean Tech Private Equity Investing: Market Dynamics, our Approach and our Experiences so far
John D. Goldstein, Medley Global Advisors, Director, USA

2 TBLI Research - Non financial criteria and other risks? The latest research from some of the leading thinkers and practitioners in the field. In addition, some exciting new pan-european initiatives to speed up the process of sustainable investment institutionaliztion.

Podcast of this session

Location: Grand Auditorium
Moderator: Robert S. Earhart, Brooklyn Bridge/TBLI Group, Director Consulting, Netherlands

Geoffrey Mazullo, Partners for Financial Stability (PFS) Program East-West Management Institute, Director, Hungary
Investor Relations Online and Surveys of Reporting on Corporate Social Responsibility (CSR) in 11 Central and Eastern European (CEE) Countries, BRIC, Greece, Portugal, Spain, Turkey and Ukraine: 2001-2006
Stephen Hine, EIRIS-Ethical Investment Research, Head of International Relations,
"ESG reporting - does it make a difference"
Mathew Kiernan, Innovest, CEO, Canada
Climate Change and Investment Performance – Some Recent Research
Bjørn Tore Urdal, SAM Sustainable Asset Management
Carbonizing Valuation: On valuing value of CO2

3 Emerging Markets I

Podcast of this session

Location: Salle Eiffel
Moderator: Amber Nystrom, Social Fusion, Founder, USA

Peter F Hinton, Entreprise Holdings, Managing Director, Botswana
Frontier Banking in Africa: The role of SME banking to deliver TBL
Mark Goldsmith, ACTIS, Investment Principal, UK,
Financial Gains for all through ESG Investment
Dang Le Nguyen Vu, Trung Nguyen, Assistant to the President & CEO, Vietnam
VIETNAM EMBRACES SUSTAINABILITY: FROM COFFEE PLANTATION TO KNOWLEDGE CITY
Thai Quang Trung, Hanns Seidel Foundation, Regional Prgramme Coordinator, Vietnam
VIETNAM EMBRACES THE CAUSE OF SUSTAINIBILITY:
The Leap From Coffee Plantation to Knowledge Economy

4 Analyst meeting: Utilities-What has been the sustainable performance of the leading Utilities and what is their strategy for the future?

Podcast of this session

Location: Salle Cavel
Moderator: Ralf Frank, DVFA-Society of Investment Professional, Managing Director, Germany

Stéphane Quéré, Suez, SVP Sustainable Development, France
Suez- SUSTAINABLE performance and strategy
Hans-Peter Meurer, RWE AG, Corporate Responsibility Officer, Germany
RWE- a sustainable electricity supply for the future
Luc Demoulin, GAZ de France , Chargé de Mission, France

5 Carbon Markets-How will the cost of carbon impact the financial performance of corporations? Is carbon a new asset class?

Podcast of this session

Location: Salon D'Honeur
Moderator: Doug Cogan, ISS-International Shareholder Services, Deputy Director Social Issues Services, USA

Daniele Cesano, SSN, Institutional Marketing, Italy
Financing Carbon Projects: Current market trends and impacts on corporate business
Ranjan Moulik, Dexia Crédit, Director Energy, France
Mitigating risks associated with Emissions Reduction Purchase Agreement
Stéphane Voisin, Crédit Agricole Cheuvreux, Head of SRI, France
Impact of Carbon price on the regulated sectors. What really matters for SRI investors
Marie Lucet, CM-CIC Securities - Equity Research, SRI Analyst, France

6 Faith Consistent Investing Seminar

Track 1: Faith Consistent Investment (FCI)

7 Fund Performance & Strategy-Are SRI funds performing and what are some strategies for creating and maintaining a sri portfolio?

Location: Salle Notre Dame
Moderator: Pierre Bollon, AFG, Secretary General, France

Frédéric Lorenzini, Morningstar France, Editor in chief, France
Adrian Cornwall, Impax, Marketing Manager, UK
Joos Grapperhaus, SNS Asset Management, Marketing Director, Netherlands
Tobias Hahn, IZT-Institut für Zukunftsstudien und Technologiebewertung, Germany
The Creation of Sustainable Value by European Companies – A Monetary Assessment of the Sustainable Performance of 65 European Companies
A major research project in which the environmental performance of 65 European companies has been assessed in monetary terms. The project represents the first large scale application of the Sustainable Value approach to companies
Louise O'Halloran, Ethical Investment Association, Executive Director, Australia
SRI Certification-…..a catalyst for growth

16:45-18:15 Workshops

Open thematic salons organized around particular subjects of interest to conference attendees will run in parallel with all breakout sessions. This allows attendees to further explore topics, network, and stimulate discussion about TBLI.

(Open Thematic Salons)

1 Microfinance -Does microfinance help create an economy? Has it achieved asset class status?

Podcast of this session

Location: Salle Eiffel
Moderator: George Starcher, EBBF, Former Secretary General, USA

Peter Johnson, DWM Developing World Markets, Partner, USA
Nobel Prize Winning…and Making Money Too?
Mercedes Benavides, Women's World Banking, Head of Global Network for Banking Innovation, USA
Microfinance: a profitable business opportunity and a way to build local economies
Somak Ghosh,Yes Bank Limited, Country Head - Corporate Finance, India
Microfinance – Tool for Economic Inclusion

2 High Net Worth Commitment to Sustainable Investment-What are the motivations to invest in sustainable sector? Experience sharing.

Podcast of this session

Location: Grand Auditorium
Moderator: Robert Rubinstein, Brooklyn Bridge-TBLI Group, Founder & CEO, USA

Bob Pattillo, Gray Ghost Fund, President, USA
Jan Olaf Willums, Inspire Management, President, Norway
Titus Brenninkmeijer, Energy Access Foundation, Chairman, USA

3 Sell Side Research-What is the latest sell side research on SRI? Are extrafinancial issues relevant in company analysis?

Location: Salle Notre Dame
Moderator: Peter Kinder, KLD Research & Analytics, Inc. USA

Wilco van Heteren, Robeco, Specialist Corporate Governance & Sustainability, Netherlands
Investment research with an integrated approach to extrafinancial issues
-What do investors expect from companies on extrafinancial issues? In terms of policies, performance and reporting?
-How can leading companies convince investors of the relevance of their efforts on extrafinancial issues?
Dominique Habegger, Asset4, Vice President Research, Switzerland
Can extra-financial research complement financial research?
What is the latest sell side research on SRI risk?
Are extra-financial issues relevant in company analysis?
Laurent Poinsot, Crédit Agricole Cheuvreux, Head of Research, France
Top-down and Bottom-up SRI approaches in Sell Side financial research

4 Alternative Investments II - Experience sharing of sustainable private equity funds . Where have they invested? What can be learned from the lemons and the plums?

Podcast of this session

Location: Salle Labarre
Moderator- Dana Smirin, College of Natural Resources, UC Berkeley, Special Assistant to the Dean for Sustainability and New Initiatives, USA

Michael Liebreich, New Energy Finance, CEO & Founder, UK
European Energy Investment Trends
Leanne Tobias, Malachite LLC, Principal, USA
--What's the Investment Value in Sustainable Real Estate?
--What Needs to be Done to Aggregate Capital in This Niche
Mujahid M. Abdullah, Sustainable Capital , Co-Founder, USA
The Bridge Between Green Principles & The Global Financial Markets
Andre Heinz, Sustainable Technology Capital, Member General Partner, USA

5 Faith Consistent Investing Seminar

Track 2: New investments for the Faiths: opportunities or sources of conflict?

New medicines, stem cell research, biotechnology, nana-technology, bio fuels, clean tech, micro-financing, agriculture, forestry, all offer new opportunities for investments as well as new financial products such as hedge funds, derivatives and commodities. But are they also Faith Consistent Investments (FCIs)?
This workshop takes the mentioned above views to a next, more practical and concrete level. Learn from one another the real issues financial advisors and representatives of the Faiths face on a daily basis in considering new investment policies.

Podcast of this session

Location: Salle Cavel
Moderator- Father Seamus Finn, Missionary Oblates, Director, USA

Rev. Jeremy Crocker, Church of England, UK
Harald Glomdal, Opplysningsvesenets fond - Church of Norway, Norway
Mark Campanale, 3IG, Member of Advisory Board, UK
Xavier de Bayser, I.DE.A.M, President, France
John Wilson, Christian Brothers Investment Services, Inc., SRI Dept., USA

6 SRI Program Implementation - Methods and Solutions

This session covers the full spectrum of SRI Program Implementation, from training and awareness, program development and information systems. This session is most useful for management and staff considering or currently implementing an SRI program within an organization.

Podcast of this session

Location: Salon D'Honeur
Moderator- Angela de Wolff, Lombard Odier Darier Hentsch & Cie, Head of SRI, Switzerland

Robert S. Earhart, Brooklyn Bridge/TBLI Group, Director Consulting, Netherlands – Effective SRI Education
How can you develop an SRI awareness and training program within your organization and achieve the most effective results in your program implementation? Avoid the common misconceptions about how staff and management will respond and confront erroneous assumptions about SRI.
Jacqueline van Voorthuizen, Zyllian Strategies, Netherlands – From Grant Making To Mission Related Investments
Leo Johnson, Sustainable Fincance, Co-Founder, France – Information Technology Solutions for SRI Integration

18:15 Reception

Location: Espace Reamur

19:30 Gala Dinner

Location: La Nef

20:30 TBLI-IPE Extra Financial Award Announcement

20:40 Surprise -2 Minutes of Fame

23:00 After Dinner Party Organised by SAM and Stoxx

November 10

09:00-10:45 Workshops

Open thematic salons organized around particular subjects of interest to conference attendees will run in parallel with all breakout sessions. This allows attendees to further explore topics, network, and stimulate discussion about TBLI.

1 Social Reporting-What should companies report, when doing a social report? How can analysts be sure that the information is valid?

Podcast of this session

Location: Salle Eiffel
Moderator: Peter Kinder, KLD Research & Analytics, Inc. USA

Jean-Philippe Desmartin, ODDO Securities, Equity Analyst SRI Research Manager, France
Bennett Freeman, Calvert Investments, SVP of Social Research & Policy, USA
Social Reporting: An American Perspective
Prof. S. Prakash Sethi, ICCA-ZICKLIN - School of Business Baruch College, President, USA
Emerging Trends in Corporate Social Responsibility - Sustainability Reports
Nicholas Vantreese, ORSE-Observatoire sur la responsabilité sociétale des entreprises, Project Manager, France

2 Corporate Governance

Podcast of this session

Location: Salon D'Honeur
Moderator: Matt Christensen, Eurosif, Executive Director, France

Christine Tørklep Meisingset, Storebrand, Head of SRI, Norway
The most fundamental SRI topic? Corruption screening experiences
- at what point does corrupt practices become unacceptable to an investor?
- executive management commitment and contributions
Mark Sinsheimer, Mark Sinsheimer, Director, UK
UCITS & corporate governance
Cyril Lin, IFG Development Initiatives LTD. , Founder and Managing Director, UK
Corporate Governance in Asia
- Does corporate governance matter in the transition and emerging market economies of East and Central Asia?
- Are Western codes and models of corporate governance relevant and applicable to these countries?
Olivier de Guerre, PhiTrust Active Investors, Founder and Partner, France
- Is corporate governance really a plus for stock performance ?
- Do we need engaged shareholders in Europe ?
- Can shareholder's engagement enhance stock market's perception ?

3 Case Study-Integrating Sustainable Investment

Podcast of this session

Location: Salle Notre Dame
Moderator: Emma Howard Boyd, Jupiter Asset Management, Head of SRI, UK

Howard Pearce, Environment Agency, Head of Env.Finance and Pension Fund Management, UK
Environmental Overlay Strategy: Active Pension Fund
Arnaud Berger, Banque Fédérale des Banques Populaires, Head of Sustainability, France
Réponse bancaire écologique- Responsible Green Banking- A Case Study
Michel Lemonnier, Groupama, Head of SRI, France
Masahiro Kato, Mitsubishi UFJ Trust and Banking Corporation, Senior Manager, Japan
Integrating Sustainable Investment- Case Study

4 SRPI- Social Responsible Property Investment

Podcast of this session

Location: Salle Cavel
Moderator: Jonathan Wootliff, Jonathan Wootliff Consulting, Belgium

Jean-Pierre Sicard, Caisse des Dépôts et Consignations, Directeur Développement Durable. France
UNEPFI Sustainalb Real Estate Project
What are its goals and how the group intend to reach them?
What SRI policies in property investment could be, and how they could generate value in the long term for investors, by using criteria which are not yet mainstream, such as the energy efficiency of the buildings?
Paul McNamara, Prudential Property Investment Managers Limi… , Director and Head of Property Research, UK
Sustainable Property Investment – Balancing the Commercial Pressures of Today with the Realities of the Future

5 Public Policy and SRI:

Podcast of this session

Location: Salle Labarre
Moderator: Jacqueline Coté, World Business Council For Sustainable Development, Senior Advisor Advocacy & Partnerships, Switzerland

Kirein Franck, Imug Investment Research AG, Head of Research, Germany
ESG Reporting – Does it make a difference ?
Vincent Jacob, Crystal Consulting, Consultant, France
Public Policy and SRI-The French experience
Peter Johnston, European Commission DG Information-Society & Media, Director, Belgium
How can business and the investment community be effective partners in the EU sustainable development strategy ?
Philippe Caïla, ERAFP, Director, France
A new socially responsible investor: first steps of the ERAFP - the French Public Service Additional Pension Scheme

6 Faith Consistent Investing Seminar

Track 3:Real estate: asset or liability?

The Faiths wield enormous economic assets– they manage many tourist sites around the world; they own a substantial portion of the habitable land surface of the planet and they administer literally millions of buildings, community facilities, welfare networks, youth clubs, employment projects, etc. Do these possessions constitute assets or liabilities?
This workshop offers an analysis of this issue. It will provide management models for the financial and operational administration of real estate property (historical sites, facilities and portfolios) as well as models for running tourist sites in a respectful and sustainable way and social housing projects.

Podcast of this session

Location: Salle Brongniart
Moderator: Giulio Franzinetti, 3IG, Member of Advisory Board, Italy

Patrick Kanters, ABP Investments, Managing Director Real Estate, Netherlands
Ronald Wuijster, Head of Research, ABP
Kevin Nowlan, WK Nowlan & Associates, Principal, Ireland
Yahya Yahe Pallavicini, Scientific and Cultural Organization -ISESCO-, Chairman of the Education Committee of The Islamic Educational, Italy

7 Emerging Markets II- Where are Tomorrow's Markets?

Sustainable Enterprise Investment Opportunities in Emerging Economies
1. Where are Tomorrow's Markets and what do they look like?
Identifying strategic sectors.
2. Overcoming obstacles to investing in sustainable enterprise in
emerging markets (e.g. business climate, project pipeline, organizing
capital)?
3. How can private equity proactively and profitably create social and
environmental benefits?

Podcast of this session

Location: Grand Auditorium
Moderator- Luiz Ros, New Ventures , Director, USA

Michael Feldner, Managing Director, InSpire South Africa
Pramod Shedde, BTS Investment Advisors Private Ltd. , Managing Partner, India
Luiz Eduardo Passos Maia, Rio Bravo Investimentos , CEO, Brazil

10:45-11:15 Coffee Break

Location: Foyer

11:15-13:00 Workshops

Open thematic salons organized around particular subjects of interest to conference attendees will run in parallel with all breakout sessions. This allows attendees to further explore topics, network, and stimulate discussion about TBLI.

1 Extrafinancials

Discover some of the leading, cutting edge analysis on calculating extrafinancial information about listed companies.

Podcast of this session

Location: Salle Notre Dame
Moderator: Ylva Lindberg, SIGLA, Founder and Managing Director, Norway

Stewart Armer, Fortis Investment, Head of SRI, France
Integrating environmental costs and benefits into sustainable investment
processes and product
How can environmental cost and benefit data be used within sustainable
investment processes?
What are the implications for innovation in product design and structure?
Simon Thomas, Trucost, Chief Executive, UK
Quantifying environmental costs and benefits
How can environmental damage be measured and valued?
Can the benefits of clean technologies be integrated into this framework?
Gregory Scheider-Maunoury, CM-CIC Securities, Head of SRI Research, France
From ethical investment screening to extra financial analysis.
What is taken into account by the different ethical screening agencies ?
How to go beyond stakeholders demand through an integrated analysis ?
Sylvain Guyoton, Vigeo Group, Head of SRI Business Development, France
“Extrafinancials” Workshop - How to bridge the gap between CSR research and
mainstream financial research ?
Graham Davies, Gexsi, Director, UK
Measurement of Triple Bottom Line - Social Dividends, Environmental Impact and FIRR - the GEXSI Index. For Listed And Unlisted Companies

2 Bonds-SRI approach to Bonds

Podcast of this session

Location: Grand Auditorium
Moderator: Eric Usher, UNEP, Head Renewable Energy and Finance Unit, USA

Rory Sullivan, Insight Investment, Head of Investor Responsibility, UK-Integrating Governance, Social, Ethical and Environmental Issues into the
Corporate Bond Investment Process
'The Relevance of Social, Ethical and Environmental Issues to the Corporate Bonds Investment Process'
-Are SEEIssues relevant to the corporate bonds investment process?
-Can corporate bond investors exert the same influence as equity investors?
Matthias Bönning, Oekom Research AG., Head of Research and Member of Executive Board, Germany
Bonds and SRI: Relevance - Research - Reactions
- Relevance: Talking about SRI mostly means talking about stocks. But institutional investors have to consider bonds even higher. What can an SRI strategy on bonds look like?
- Research: How to identify sustainable bonds? (Institutions and governmental bonds)
- Reaction: Does SRI influence the behaviour of bond issuers in the same way as it does with companies?
Jean-Philippe Desmartin, Oddo, Analyst SRI Research Manager, France

3 Human Rights-Defining the boundaries of investor responsibility.What are the responsibilities of financial sector companies in relation to human rights? And where and how can investors push the boundaries of their influence to increase respect for human rights and protect their investments and brands by managing and mitigating the risks arising from human rights abuses?

Podcast of this session

Location: Salon D'Honeur
Moderator: Sally Britton, TwentyFifty Limited, UK

Alastair Camp, Barclays Bank PLC , Corporate Responsibility Director, UK
Philippa Birtwell, Barclays Bank PLC , , UK
Gro Nystuen, Norwegian Ministry of Finance (Government Pension Fund), Chair of the Council on Ethics for the Fund, Norway
Marina d’Engelbronner-Kolff, Humanist Committee on Human Rights, Senior Manager Human Rights and Business, Netherlands

4 Faith Consistent Investing Seminar

Track 4:Board members of 3iG will present a number of successful examples of FCIs in the realm of:

• Forestry
• Micro financing
• Share holders activism
• Eco tourism in sacred forests
• Ethical and sustainable management of temples, churches, shrines, pagodas as tourist sites
• Social housing projects

Podcast of this session

Location: Salle Cavel
Moderator: Rabbi Mark Goldsmith, Finchley Progressive Synagogue, UK


Margaret Rainey, Global Solidarity Fund International-Diocese of Vasteras, Church of Sweden, Sweden
Lauren Compere, Boston Common Asset Management, USA
Andrew Musters, Private Equity, Robeco, Netherlands
Birgit Weinbrenner, Oikocredit, Netherlands
Fran Coopersmith, Asset strategy consultants, USA

5 Leadership-

Location: Salle Eiffel
Erik van Praag, Director, The Edge b.v., Netherlands

Workshop: Presence based Leadership.
Questions:

- Why do we need Presence based Leadership?
- How do we get there?
- What are its results, financially and otherwise?
Background.
Where shall we be 50 years from now?
Shall we live in a wasteland, in which the few surviving people fight a life and death war with each other? Or in paradise on earth, one in which we learned to care for each other and the planet? Or shall we be somewhere in between?
The future is in our hands. What’s needed is Leadership based on Presence, instead of based on Ego. A Leadership based on Awareness instead of based on skill. Based on not-knowing (intuition) instead of theory. Not focused on short term results, but on connection, sustainability and wholeness. Leadership not just by the few people in top positions, but leadership by everyone.
There is no contradiction between paradise on earth and a solid economical base. On the contrary, the latter is a prerequisite for the first. In this workshop we’ll explore what Leadership based on Presence really means, how we get there and what are its results both financially and otherwise. We’ll do this by comparing it with Ego based leadership, and by exploring the concepts of Presence and Ego in depth. It will become clear what role both the executive and the professional can play in fostering this type of leadership.

6 SRI Implementation- Bridging the Commercial and Philanthropic Capital Markets

Podcast of this session

Location: Salle Labarre
Moderator: Oliver Karius, VantagePoint, Managing Director and Co-Founder, Switzerland

Steven Godeke, Godeke Consulting, Consultant, USA
Hybrid Transactions in the US Social Capital Market:
• How are US foundations implementing and evaluating their community investment strategies?
• How can blending philanthropic and commercial funds create additional value for both social investors and entrepreneurs?
Philippe Bergeron, SustainAsia, Associate Director SustainAsia, EU Representative Office, France
SustainAsia opportunities

13:00-14:30 Lunch

Location: La Nef

14:30-15:00 Club of Rome Keynote - Leif Edvinsson, IIIEE Lund University, (Participant) Adjunct Professor of Intelectual Capital, Sweden

"Capital in Waiting: Hidden values being untapped – that’s why you need a triple bottom line.”

Location: Grand Auditorium

Podcast of this session

15:00-16:15 TBLI Roundtable Challenge-Mainstreaming Sustainabilty in Investment Decisions.

Overview of financial sector in naural resource investments.

Podcast of this session

Location: Grand Auditorium
Moderator: Tensie Whelan, Rainforest Alliance, Executive Director, USA

Mike Tyrrell, Citigroup, Director SRI, UK
Mining index and implications for investments
Chanda Gibson, Goldman Sachs, Vice President in Corporate Services and Real Estate, USA
Energy fund, working on their own footprint - certified paper, furniture, buildings, coffee, etc.
Amy Davidsen, JP Morgan, Director of Environmental Affairs, USA
Jon Williams, HSBC, Head of Group Sustainable Development, UK

16:15-16:45 Keynote

16:45 –18:00 Reception

Location: Espace Reamur


Bold means invited. * means needs to confirm. No * means the they are confirmed