UN SSE Q2 Webinar – Net Zero, TNFD and SDG Impact Standards

27 Jun, 2023
Online

This is an invitation only event. For more information, please contact the SSE team.

This quarter’s webinar focuses on a range of exciting sustainability activities. The agenda will include: 

  • Launch of the Net Zero Financial Service Provider’s (NZFSPA) Exchange Target Setting Guidance
  • An update from  the Taskforce on Nature-related Financial Disclosure (TNFD) 
  • Presentation by UN Development Programme (UNDP) on the SDG Impact Standards.

As usual, we have two call options to accommodate the many time zones of our partners, either at 09:00 or 16:00 Geneva Time (Central European Time).

Net Zero Target Setting Framework for Exchanges

Following an extensive consultation process, including 4 consultation rounds with the NZFSPA Exchange Group and the SSE Net Zero Comment Group, the Race to Zero Expert Group (EPRG) has provided the recommendation to the Race to Zero Climate Change Champions to approve the net zero framework of the NZFSPA Exchange Group. To mark this important milestone, the SSE will present the new target-setting guidance for exchanges to set their own net-zero targets under the Net Zero Financial Service Providers Alliance (NZFSPA). If your exchange is interested in joining the NZFSPA Exchange Group in the future, this is your chance to ask questions and learn more about the Net Zero movement. 

TNFD – Nature-related Disclosure 

Nature loss poses a major material risk to investors and issuers. To tackle this risk, the Taskforce for Nature-related Financial Disclosure (TNFD) was founded. The Taskforce consists of 40 individual Taskforce Members, including the Singapore Exchange (SGX Group). Currently, the TNFD is finalizing its new framework ahead of its planned launch in Q3 this year. The new framework will enable companies and investors to integrate nature into financial decision-making. During this webinar, representatives of the TNFD will provide a sneak peek of what the new framework will include and answer any questions SSE members might have. 

UNDP – SDG Impact Standards

The SDG Impact Standards are management practice standards designed to guide businesses and investors to embed sustainability into their decision-making approach. They provide a universal management framework for organizations to have confidence that they are contributing positively to the SDGs in a holistic and systemic way. During this Q2 call, UNDP colleagues will provide an overview of the standards and explain why they are important for exchanges and their markets.

Summary and Presentation

The SSE team provided some details to register for the upcomming Gender Equality pilot training and highlighted the launch of the Net Zero Target Setting Guidance for Exchanges by giving an overview of the Net Zero mouvement and of the new Framework on Net Zero. The SSE team congratulated the exchanges members of the Net Zero Financial Service Providers Alliance (NZFSPA) and encouraged every exchange to take part in the race to net zero. Exchanges also heard from the Task Force on Nature-related Financial Disclosure (TNFD) and from the United Nations Development Programme (UNDP) Standards and training programm.

Slides

SSE Slides deck Q2 2023

List of Participants

The Q2 call was attended by 59 participants from 37 organisations, including 27 exchanges and 10 other market participants (63% women, 37% men).

 

 

 

 

 

 

 

Speakers

  • Anthony Miller
    Chief Coordinator, UN SSE
    UNCTAD
  • Lisa Remke
    Deputy Coordinator, UN SSE
    UNCTAD
  • Tiffany Grabski
    Academy Head, UN SSE
    UNCTAD
  • Vanina Vegezzi
    Project Officer, UN SSE
    UNCTAD
  • Herry Cho
    Group Head Sustainability & Sustainable Finance
    Singapore Exchange (SGX Group)
  • Nathalie Borgeaud
    Lead, Financial Markets Engagement
    Taskforce on Nature-related Financial Disclosures
  • Felipe Arango
    Technical Advisor and Pilots Lead
    Task Force on Nature-related Financial Disclosures
  • Fabienne Michaux
    Director of UNDP SFH SDG Impact
    United Nations Development Programme

About the SSE

​The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.