On 26 and 27 June, Biscay will be hosting Biscay ESG Global Summit on Responsible Investment. This meeting will bring together global experts to discuss a subject that is becoming more relevant in the world of finance, as environmental, social, gender or diversity criteria are being taken increasingly into account when making investment decisions. This is a new investment paradigm that is part of a revolutionary and unstoppable movement in finance worldwide.
In fact, the volume of responsible investment funds in Europe has grown from 200,000 million euros in 2010 to more than 372,000 million euros in 2014 and is expected to continue growing in the next few years. Also, as part of all the initiatives that are being promoted for a more sustainable world, the international investment community has shown particular awareness towards the United Nations principles of responsible investment (the “UN PRI”). These principles encourage the financial sector to pay attention to environmental, social and governance variables, without reducing profitability parameters.
In this context, Biscay will be hosting the first summit on responsible investment, Biscay ESG Global Summit, as advanced by the Deputy General of Biscay Unai Rementería, the Deputy Chairman of Fineco-Banca Privada Kutxabank, Enrique Sáez and the Dean of Deusto Business School, Guillermo Dorronsoro.
Biscay, which has been traditionally a financial centre, home to prominent banks and leading finance professionals, aims to become a European and international benchmark for responsible investments, promoting the creation of a favourable environment between institutions, companies, financial institutions and the university.
Therefore, this 1st Biscay ESG Global Summit will bring together a group of leading experts at the Euskalduna Conference Hall including Helena Viñes-Fiestas, head of the sustainable analysis team at BNP Paribas Asset Management; Jan Poser, head of asset management and sustainability analysis of Bank J. Safra Sarasin; Josu Jon Imaz, CEO of Repsol or Sebastián Albella, chairman of the Spanish Securities Exchange Commission (CNMV), among others.
This responsible investment summit pertains to the Biscay Regional Council effort to position the region back again as a “financial hub” and will be held jointly with one of the most intensive, comprehensive seminars in Europe delivered at the University of Deusto. This “ESG Investment and Finance Summer Programme will focus on responsible investment and will be held from 26 to 30 June. This is the first university programme with 30 hours of lectures exclusively designed for all the actors that make up the ESC ecosystem.