Planetary Boundaries and the Financial Sector

Planetary Boundaries delineate a safe operating space for humanity, in which societies can develop safely. As humanity has already transgressed four of nine identified boundaries (climate change, biosphere integrity, land-system change, biogeochemical flows), the risk of environmental changes increases with potential impacts for business activities and asset impairment including e.g. resource constraints and loss of ecosystem services. Sustainable investments should therefore take the concept’s findings into account.

This side event focuses on how to translate the global scale planetary boundaries concept to the financial sector, building on the risk approach inherent in the concept. It discusses existing experiences with the planetary boundaries concept in the financial sector, lessons learned and potential future applications. It reflects on possible ways to operationalize the concept for eco-ratings. It also asks in which way framework conditions for the financial sector need to be changed to make sure that the sector can effectively cope with the challenges posed by the planetary boundaries.

The side event is organized by adelphi in collaboration with the FNG – Forum Nachhaltige Geldanlagen, the Potsdam-Institute of Climate Impact Research and the Stockholm Environment Institute on behalf of the Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety, the German Environment Agency and the German Federal Environmental Foundation.

Registration for the Side Event

Tuesday, 25. April 2017

01:30 pm

Registration

02:00 pm

Welcome

Dr. Kora Kristof, Head Department “Sustainability Strategies, Sustainable Resource Use, Instruments”, German Environment Agency

02:15 pm

Introduction: The Planetary Boundaries – Added Value for the Finance Sector

Walter Kahlenborn, Co-Founder and Managing Director, adelphi

Experiences with Planetary Boundaries in the Finance Sector

02:30 pm

A view from a cooperative bank

Kristoffer Lüthi, Deputy Managing Director, Ekobanken

02:40 pm

A view from a sustainability rating agency

Lorenz Stör, Manager Client Relations, oekom research

02:50 pm

A view from a sustainability bank

Georg Schürmann, Managing Director, Triodos Bank

03:00 pm

Panel Discussion

Kristoffer Lüthi, Deputy Managing Director, Ekobanken
Lorenz Stör, Manager Client Relations, oekom research
Georg Schürmann, Managing Director, Triodos Bank

Moderator: Walter Kahlenborn, Co-Founder and Managing Director, adelphi

03:30 pm Break

Further insights from investors, science and politics

03:45 pm

Sustainable Investments in DBU Asset Management and Ways Forward: Planetary Boundaries for the Financial Sector

Michael Dittrich, Head of Department Finance and Administration, German Federal Environmental Foundation

04:05 pm

Live Video Presentation: Operationalizing Environmental Risks for the Finance Sector using the Planetary Boundaries Concept

Prof. Dr. Martina Linnenluecke, The University of Queensland, Australia

04:25 pm

Lessons learned from UNEP Inquiry – the planetary boundaries concept

Davide Dal Maso, Partner, Avanzi / UNEP research coordinator

04:45 pm

Closing Remarks

Claudia Tober, Executive Director, FNG Forum Nachhaltige Geldanlagen