In May 2020, HKMA issued a
Common Assessment Framework on Green and Sustainable Banking to assess
authorized institutions’ readiness and preparedness in managing climate and
environment-related risks. With the assessment results received in August 2020,
HKMA may approach individual banks to seek further information or
clarification, with an aim to shaping a more climate-resilient banking system
ultimately. Bank practitioners are
expected to understand transition risks as much as credit risks, and Paris Agreement
as much as Basel III. In collaboration with Carbon Care Asia (CCA), this
seminar will share their experts’ insights on how to turn banks into green
institutions: low-carbon transition pathways, accounting of financed emissions,
science-based targets, internal carbon pricing, carbon neutrality demands in
consumer banking, sustainable investment practices, green finance tools and
more.
Decarbonising the economy
holds many risks but it also offers plenty of opportunities. Firms that get
ahead of their rivals and seize such opportunities will reap the biggest
benefits. For the banking sector, there is no exception.
Speakers: Ir Albert Lai Chief Executive Officer, Carbon Care
Asia
Ir Albert Lai is the Chief
Executive Officer of Carbon Care Asia. He was a Stakeholder Council member of
the Global Reporting Initiative (GRI), representing the Asia-Pacific Region in
the development of G3 sustainability reporting guidelines. He has served for
many years as a member of the Judging Panel for ACCA Sustainability Report
Award, and led numerous local initiatives in public policy and corporate
sustainability, including the leadership of the Hong Kong NGO delegation to the
World Summit on Sustainable Development held in Johannesburg in 2002, and the
United Nations Climate Change Conferences in Bali (2007), Copenhagen (2009) and
Paris (2015). Ir Lai’s other public service included, inter alia, member of the
HKSAR Commission on Strategic Development and Council for Sustainable
Development, founding Chairman of the Professional Commons and Chairman of the
Conservancy Association. Albert is an environmental engineer by profession. He
is a fellow of the UK Institution of Civil Engineers.
Mr John Sayer Director, Carbon Care Asia Ltd
John Sayer has a background in sustainability
issues and human development, climate change advocacy, organizational
management and governance policy. As Director General of Oxfam Hong Kong, he
helped shape and implement the first Oxfam International advocacy campaign on
climate change (2008-2009). He has served on the board of the Ethical Trading
Initiative in the UK, helping major corporations develop socially responsible
supply chain policies. He has also served on the advisory body of the UN Global
Compact on corporate conduct. In addition to being Research Director of Carbon
Care InnoLab, he is a member of the Board of Carbon Care Asia Ltd. He is
currently a Stakeholder Council Member of the Global Reporting Initiative, the
sustainability reporting standard-setting organization. He holds a Master of
Letters in Development Studies (University of New England).
Participants are entitled to receive 1 CPD
(TMA) credit upon completion of the seminar. TMA is the administrator for the
Enhanced Competency Framework on Treasury Management (ECF-TM) and a recognized
institution of Securities and Futures Commission (SFC) for providing continuing
professional development (CPD) activities. The CPD hours can be used to meet
the CPD requirements of the ECF-TM and the SFC. To qualify for the CPD credit
or attendance certificate of the webinar, all participants have to show their
registered full names (same names in the registration form) for attendance
check. We regret that neither CPD nor attendance certificate will be given to
those who are late for the webinar or leave early. TMA Office will update TMA
Individual Members’ CPD record after the webinar is held.
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