Financial Sector Hub
Fostering global collaboration to deliver impactful events for board directors in the financial sector.
The financial sector has specific and complex requirements creating both risks and opportunities that can have an outsized influence on how the real economy can and will face-up to the challenge of the climate transition.
It’s therefore no surprise that the Taskforce on Climate-related Financial Disclosures (TCFD) has prioritised the financial sector alongside the energy sector in its effort to drive change.
The Financial Sector Hub exists to equip non-executive and independent directors of financial institutions with the necessary sector-specific knowledge to drive meaningful discussions on climate issues in the boardroom and drive change. The Hub provides support, guidance and exchange opportunities to directors facing the specific and complex requirements of the financial sector related to climate change.
The Financial Sector Hub exists to equip non-executive and independent directors of financial institutions with the necessary sector-specific knowledge to drive meaningful discussions on climate issues in the boardroom and drive change.
Through online and in-person events, the Climate Governance Initiative Financial Sector Hub provides support, guidance and exchange opportunities to directors facing the specific and complex requirements of the financial sector related to climate change.
Upcoming Financial Sector Hub events
Past Financial Sector Hub events
Managing greenwashing risk in the context of increased commitments
June 2023
This webinar explores how non-executive directors of financial institutions can understand how to manage the risk of greenwashing in the context of increasing sustainable finance commitments.
Speakers debated best practices to put controls in place prior to making public announcements and key points that a Board should focus on when making such commitments.
Assessing corporate clients’ climate transition plans
May 2023
This webinar helps non-executive directors of financial institutions understand how they can assess their clients’ climate transition plans.
Contributors to this webinar discussed how financial institutions can proactively engage with clients to enhance transparency on transition plans, gauge the adequacy of such plans and explore the key tools and related challenges.
The net-zero transition finance opportunity
March 2023
This online event gives non-executive directors of financial institutions an overview of the opportunities this presents.
It also touches on the barriers that need to be overcome, the capabilities required to assess transition plans and the economic context.
Financing net zero transition in the agri sector
June 2022
Agriculture is particularly vulnerable to climate change but is also a major contributor to climate change. Thus Chapter Zero Poland together with Chapter Zero Brazil invited non-executive directors of Financial Institutions for joint webinar, where they had the opportunity to discuss the challenges and constraints that the financial sector faces while financing the agricultural sector and how climate finance can be part of the solution. The panellists also discussed how innovation and data can play a key role in this challenge.
Banking on net zero: from commitment to action
April 2022
This webinar for non-executive directors of banks and financial institutions presents the practicalities of putting together a net zero plan. Topics for discussion include what good looks like, the challenges, potential pitfalls, and how a net zero plan impacts business and strategy.
Financial disclosures and the management and integration of climate considerations into reporting: Reviewing the substance behind the reports
December 2021
In collaboration with HSBC, this workshop for non-executive directors of financial institutions explored how to consider climate risk disclosure. We looked at the types of questions board members could ask to ensure approaches are credible, robust and in line with ambitions, policies and regulations.
Climate change: Risk management and scenario analysis
November 2021
In collaboration with HSBC, this event was designed to help non-executive directors of financial institutions understand how to approach climate risk in the board debate and ensure that their institutions develop an appropriate climate risk governance and framework. It also covered why scenario analysis and stress testing are key tools for managing climate risk, and what the related challenges are.
How financial institutions are tackling the net zero challenge
September 2021
Financial institutions are a powerful force in the race to net zero. Can cooperation help overcome some of the challenges and unlock the trillions needed to achieve a resilient, zero emissions future? This event with HSBC and Chapter Zero France discussed how financial institutions can define credible and transparent commitments to finance the transition to net zero while establishing a robust framework to monitor progress.
Financial Sector Hub Steering Committee
Lucyna Stanczak-Wuczynska, Chair (member of Chapter Zero Poland)
Chair of the Supervisory Board of BNP Paribas Bank Polska
Karina Litvack, member (Ambassador, Climate Governance Initiative)
Non-Executive Director at Terna S.p.A.
Brooke Guven, member (member of US Climate Initiative)
Head of ESG & Sustainability, Managing Director, Chair of ESG Committee – Cerberus Capital Management
Sandra Morales, member (member of Chapter Zero Brazil)
Chapter Zero Brazil Project Manager, Environmental and Social Impact Manager at IBGC
Johan Raslan, member (member of Climate Governance Malaysia)
Former Chairman, PwC Malaysia; Council member, Climate Governance Malaysia and board member, Institute of Corporate Directors Malaysia
Miha Košak, member (Honorary Chairman, Chapter Zero Slovenia)
Independent Supervisory Council Member and Risk Committee Chair of Šiauliu Bankas and former Deputy Chairman of NLB Group and Supervisory Board Member of Abanka
Marcelo Pasquini, member (member of Chapter Zero Brazil)
Sustainability director (Brandesco), Sustainability Committee Member, Cielo, ESG Committee Director, FEBRABAN