Wednesday 17th June – 15:00-17:00 – ESG Track:
During two hours several presentations will be held on Environmental, Social, and Goverenance reporting. Please find below the overview of speakers which will give a presentation during this session.
(This page will be updated with more info and speakers)
Presenter: Patrick de Cambourg, Autorité des Normes Comptables (ANC)
About Patrick de Cambourg
Patrick de Cambourg, a Political sciences graduate (Sciences Po Paris), holds also degrees in public law and business law and is Bachelor of Arts. As chartered accountant and auditor, he spent his entire professional career within the Mazars Group, successively as junior, manager and partner. He became President of Mazars in 1983. In 1995, he was appointed as Chairman of the Management Board of the newly created international partnership and became in 2012 Chairman of the Supervisory Board. Since late 2014, he has been Honorary President of the Mazars Group.
Since March 2015, Patrick de Cambourg has been President of the French public accounting standards setting authority (ANC/ Autorité des normes comptables). As such he is also a Board member of the European body with advisory capacity to the European Commission on IFRS (EFRAG / European Financial Reporting Advisory Group) and a member of the IASB forum of major standards setters (ASAF / Accounting Standards Advisory Forum). In addition, he is a Board member of the French capital markets regulatory and supervisory authority (AMF / Autorités des marchés financiers), of the French banking and insurance supervisory authority (ACPR / Autorité de contrôle prudentiel et de résolution) and of the French financial stability body (HCSF / Haut Conseil de Stabilité Financière).
At the special request of the French government, he recently prepared two reports on: the future of the accounting profession (June 2018) and propositions to develop further non-financial information (“Ensuring the relevance and reliability of non-financial information: an ambition and a competitive advantage for a sustainable Europe”. May 2019.).
Presenter: Phil Fitz-Gerald, Financial Reporting Council
About Phil Fitz-Gerald
Phil became Director of the Financial Reporting Lab in 2017. He is a Chartered Accountant in the UK with over 20 years of experience in accounting and audit, focusing on improving the quality of company reporting. He has worked for the Financial Reporting Council since 2009 and was previously the Head of Case Examination and Enquiries.
Phil started his career in the audit practice of KPMG where he spent ten years, the latter half of which he worked as a senior manager in the firm’s professional practice department. After leaving practice, he spent five years as a training consultant helping companies with their corporate reporting requirements before joining the FRC.
Phil is also a board member of xBRL International
Presenter: Giel Linthorst, Director Sustainable Finance and Executive Director of PCAF Secretariat
The Partnership for Carbon Accounting Financials (PCAF) is a global industry-led initiative of over 60 financial institutions to standardize the measurement and disclosure of the greenhouse gas (GHG) emissions financed by loans and investments in line with the GHG Protocol. Next to developing and harmonizing methodologies to measure financed emissions, the PCAF participants have joined forces to improve the availability and quality of GHG emissions data. Over the past years, the Dutch PCAF participants have collaborated with the Dutch government and governmental agencies to get access to actual energy consumption data and thus GHG emissions data for their mortgages and business loans portfolio. In this presentation, you will hear more about this experiences and the future plans of PCAF related to standardizing GHG emissions dataflows based on XBRL and related to the EU Non-Financial Reporting Directive (NFRD).
About Giel Linthorst
Giel Linthorst is Director Sustainable Finance at Guidehouse Consulting Inc. and Executive Director of PCAF Secretariat. As head of PCAF Secretariat, he and his team support the initiative to develop the first-ever global carbon accounting standard building on the GHG Protocol, and provide technical support to the PCAF participants to apply this standard and report on the GHG emissions of their loans and investment portfolios. In order to standardize this measurement, the PCAF participants have built with support of the secretariat a global database with over 3 million emissions factors. Measuring financed emissions is the foundation to set targets, perform scenario analysis, assess climate-related risks and to enable transparency and accountability of the financial sector.
Presenter: Prof. dr. Erik Beulen – Chairman XBRL-NL and full professor Information Management at Tilburg University, the Netherlands
ESG is an important topic. Important for our society and valuation of companies, as well an opportunity to expand XBRL in non-financials reporting. The positioning of XBRL as standard requires our full focus. How can we expand XBRL?
Presenter: Tord Andersson, RVA Consulting
Many different initiatives and standards on ESG reporting have arised. In this presentation Tord will give a wide overview of different standards such as GRI, SASB and TCGD.
About Tord Andersson
Tord Andersson is Director at RVA Consulting, a finance and strategy business consultant for SME-companies in Sweden. He has earlier worked as a senior investment analyst (buy-side) and financial/research analyst (sell-side) in the finance industry as well as a product manager in the telecom equipment industry. He has also been a visiting senior lecturer in finance at University of Hertfordshire Business School (UK). His recent texts include “Accounting for carbon and reframing disclosure: A business model approach” (Accounting Forum 2014) and “Accounting for business models: Increasing the visibility of stakeholders” (Journal of Business Models 2015).
Tord is also a member of XBRL Sweden, Sweden Sustainable Investment Forum and The Swedish Society of Financial Analysts.