EFFAS Commission on ESG

November 15th, 2016

6th Taking ESG into Account Conference

30th November 2016, 09:00 am – 05:15 pm | DVFA Center, Frankfurt/Main

Taking ESG into Account is DVFA/EFFAS’ joint conference format for investment professionals engaged in ESG, sustainability and responsible investing in Europe.

DVFA as the German Society of Investment Professionals and EFFAS as the European umbrella association of investment professional societies have been successfully engaged in the mainstreaming of ESG into investment decision-making. Ever since the publication of their seminal paper “KPIs for ESG” in 2010 and the launch of the ESG training program “Valuation, Measurement & Integration” in 2014 both organizations have been an important hotbed of approaches and methods for integrating seemingly marginal topics into the mainstream of financial markets.

Further Information: www.dvfa.de/esg

June 27th, 2012

“The Crisis and Economic Responsibility” (An update to Economic Responsibility 3.0)

Every crisis – be it financial or economic, a crisis of confidence or the debt crisis – demands a comprehensive and responsible approach

  • We live in a global debt crisis
  • Quantitative easing is not showing us a way out of the crisis
  • Rating agencies – yes, but changes are necessary
  • Japan and Germany: suddenly nuclear power is no longer indispensable
  • The future must be founded on innovation and reduction
  • The 50 specific approaches listed in “Economic Responsibility 3.0″ (June 2011) are still valid

Responsibility and the crises – further action and ideas for coping and avoiding

To regain confidence, you cannot “stick your head in the sand” and act as if nothing happened. What’s needed are new, progressive requirements for future financial market regulations.

This link takes you to the report

Author of the report is Fritz Mostboeck, President of OVFA (Austrian Association for Financial Analysis and Asset Management) and Member of the Executive Management Committee of EFFAS (The European Federation of Financial Analysts Societies), the umbrella organisation of all European analyst associations with a total of more than 17,000 members in 27 European member countries. Fritz Mostboeck was watching the crisis over the past years very carefully. The current global environment (the crisis since 2007 has not yet passed) requires a further update on the basis of the 1st, 2nd and 3rd OVFA Publication on Responsibility (November 2004, June 2010 and June 2011).

September 12th, 2011

IIRC Discussion Paper is published

Today is a very exciting day for the integrated reporting movement. Right after midnight London time on September 12, the International Integrated Reporting Committee (IIRC) published the first draft of its Discussion Paper Towards Integrated Reporting: Communicating Value in the 21st Century. The IIRC has established a period of global consultation that lasts until December 14. During this time, it is interested in receiving as much feedback and suggestions as possible.

Links to the Discussion Paper, along with a Power Point presentation giving the rationale behind integrated reporting and more background information can be obtained on this page of the IIRC’s website: http://www.theiirc.org/the-integrated-reporting-discussion-paper/. Please distribute this as widely as possible.

The Discussion Paper represents a tremendous amount of work by the IIRC. The framework will help make more tangible just what is meant by “integrated reporting” and will help take the debate to the next level.

July 6th, 2011

5th Taking ESG into Account 2011_

Integrated reporting or integrated analysis? Advances in ESG mainstreaming

Speakers include:

  • Dr. Nelmara Arbex, Deputy CEO, GRI Global Reporting Initiative
  • José Luis Blasco, Partner, Head of Climate Change and Sustainability of EMA Region, KPMG Spain
  • Carlos Bousoño, Head of Corporate Social Responsibility, Abengoa
  • Frank Curtiss, Railpen & Member ICGN (International Corporate Governance Network)
  • Jessica de Fries, Director, The Prince’s Accounting for Sustainability Project (A4S) & International Integrated Reporting Committee (IIRC)
  • Ralf Frank MBA, Managing Director, DVFA
  • Antonio Fuertes, Head of Corporate Social Responsibility, Gas Natural Fenosa
  • Frank Klein, Managing Director, DB Advisors & Member of EFFAS Management Committee
  • Fritz Mostboeck, Chairman EFFAS ESG Committee & Head of Research, Erste Group Bank AG
  • Paolo Nazzaro, Head of Sustainability, Telecom Italia & Co-Leader EU Collaborative  Venture
  • Michael Polya, Business Development Strategy Europe, State Street Global Advisors
  • John Scott, Chairman KPMG Spain
  • Juan Ramón Silva, General Manager of Sustainability, Acciona
  • Pedro Ortún Silvan, Director, European Commission, DG Enterprise & Industry
  • Konrad Sippel, Global Head of Product Development, STOXX Limited
  • Elia Tárrega, Managing Director, Sustainalytics España
  • Juan Carlos Ureta, Chairman of IEAF
  • Stephane Voisin, Head of Sustainable and Responsible Investment, Crédit Agricole Cheuvreux

28 September 2011, Madrid, Spain

Download:

Conference Flyer

July 6th, 2011

Environmental, Social and Governance (ESG) indicators in annual reports – An introduction to current frameworks

The debate around the broader disclosure of ESG issues is important. FEE believes it can make a difference to the most necessary transition toward a sustainable economy. This paper aims at providing information on documents prepared by various bodies and most commonly referred to when considering the identification and use of ESG indicators (also Key Performance Indicators (KPIs) and reporting principles).

The document can be found at http://www.fee.be/publications/default.asp?library_ref=4&content_ref=1392

June 8th, 2011

Economic Responsibility 3.0. An Update on General ESG Responsibility.

The financial, economic, and debt crisis, the nuclear catastrophe in Japan, and the crisis in the Arab region highlight the fact that we need to demand comprehensive global ESG responsibility. We cannot carry on like this.

  • The global economy has to be aligned with the ESG criteria – not the least as a result of the crises
  • 50 specific updated approaches to improvement
  • Economic actions have to be adjusted and/or reformed

Responsibility and crises – measures and ideas geared towards avoiding financial, economic, confidence, social, and ecological crises in the future.

This link takes you to the report.

Author of the report is Fritz Mostboeck, Vice-Chairman of OEVFA (Austrian Association for Financial Analysis and Asset Management) and Member of the Executive Management Committee of EFFAS (The European Federation of
Financial Analysts Societies), the umbrella organisation of all European analyst associations with a total of more than 16,000 members in Europe. Fritz Mostboeck was watching the crisis over the past years very carefully. The current global environment (catastrophe in Japan, crisis in the Arab region, commodity prices) required an update on the basis of the 1st and the 2nd OEVFA Publication on Responsibility (November 2004 and June 2010).

January 28th, 2011

EFFAS News December 2010

Including a Special Report on Environmental, Social and Governance Issues (ESG).

Download EFFAS News

January 27th, 2011

European Combined Reporting Alliance for ESG – Position Paper

It was agreed that a joint response to the European Commission on this stakeholder process would be helpful, along with a call for an EU-funded programme to develop on the workshops for the economic stakeholders.
An alliance of economic and capital markets stakeholders joined forces to help improve the outcome from the series of workshops held from September 2009 to February 2010 by the European Commission to address environmental, social and governance (ESG) disclosure. It is apparent that there are common interests and concerns. The ideas of company value and of connected or combined reporting, which are material and strategic, are at the heart of our vision for ESG disclosure.

Download Position Paper

September 20th, 2010

Final version of KPIs for ESG 3.0

The final version of the the DVFA/EFFAS KPIs for ESG 3.0 is now available for download:

KPIs for ESG 3.0
FAQ

September 17th, 2010

The best “Taking ESG into Account 2010 Conference” ever coming to an end on 15 September 2010

On 14 & 15 September 2010 EFFAS, DVFA, WestLB and PricewaterhouseCoopers jointly staged the 4th Taking ESG into Account Conference in Frankfurt/Germany.

Statistics:

  • More than 120 participants from 11 countries
  • 10 corporate elevator pitches
  • 2 keynotes, 5 panels
  • A networking barbecue without rain despite dark clouds

Highlights:

  • Panels of distinguished speakers discussed a variety of topics such as corporate disaster, the impact on institutional portfolios, Private Equity and its (yet to be defined) role in ESG, supply chain management as one of the most important issues within ESG, remuneration as a lever to implementing ESG within corporates
  • Key notes on Integrated Reporting by Paul Druckman (Accounting for Sustainability) and Green Taxation by Dr. Frank Schmidt (Pricewaterhouse Coopers)

Impressions from the Conference – Picture Gallery

Download:
Intro Speech by Fritz Mostböck, CEFA, EFFAS EMC & Chairman of EFFAS’ Committee on ESG