The summit convened industry leaders to discuss the relevance of ESG investing.
ESG aims to transition to a more sustainable and environmentally friendly financial system.
In the heart of London, the Finance Magnates London
Summit 2023 (FMLS:23) brought together industry leaders to discuss the relevance of
ESG (Environmental, Social, and Governance) investing.
Evdokia Pitsillidou, the Partner, Risk, and
Compliance Director at SALVUS FUND, set the stage, welcoming Matt Bullivant, the Director of Sustainability and ESG Strategy at OakNorth, and P.Faisal Islam, the
CEO of Complytek.ai, for a compelling discussion about the current status of ESG investing and its future implications.
Pitsillidou mentioned: "The main objective of
ESG is the transition to a more sustainable and environmentally friendly
financial system. ESG enables investors to assess how well management teams
consider the risks and opportunities of environmental, social, and governance
factors."
Navigating Sustainable Finance
Bullivant started the discussion, emphasizing
the need for a balanced perspective on ESG: "ESG is just one
facet of a great company; our focus should be on investing in great companies,
not ESG specifically."
Islam, representing Complytek.ai, shed light on integrating ESG frameworks in response to client demand. Addressing the
global landscape, he emphasized the shift in perception of ESG from a
minor consideration to a vital aspect of compliance and risk management.
He cautioned against the pitfalls of greenwashing
and questioned the effectiveness of ESG initiatives: "ESG efforts
should go beyond compliance; we need to assess the actual impact rather than
virtue signaling."
"Most ESG efforts are actually greenwashing,
with little actual impact on environmental or social outcomes. Pushing for more
ESG initiatives may not have any positive effect and could even have a negative
impact," he added.
Regulatory Mandates and Diversity
Pitsillidou steered the discussion towards
regulatory responsibilities, questioning the feasibility and impact of
enforcing gender diversity quotas in corporate boardrooms.
Bullivant offered his perspective, stressing
the need for a holistic approach considering cognitive diversity alongside
demographic representation. He mentioned: "Companies often focus on ESG
compliance rather than driving meaningful change internally or externally.
Regulators are pushing for ESG disclosure to ensure companies are transparent
and not engaging in greenwashing."
Analyzing the Real Impact of Diversity Measures
Islam brought a critical perspective, citing studies
questioning the direct correlation between ESG efforts and financial
performance. He cautioned against mandatory diversity measures potentially
leading to box-ticking exercises rather than genuine advancements.
He said: "ESG investing lacks meaningful
evidence of positive financial impact and may divert attention from genuine
responsible business practices."
Islam emphasized the importance of sustained efforts
toward meaningful change over abrupt, mandatory directives:
"Forcing diversity may not guarantee positive effects; genuine change
requires a deeper, long-term commitment."
ESG criteria have emerged as crucial metrics for investors and companies as the financial landscape evolves. However,
beyond the surface discussions lies the complexities and challenges that shape
the ESG narrative.
The Future of ESG Investing
As the discussion unfolded, the experts underscored
the pivotal role of the next generation in reshaping the ESG landscape. Islam
predicts a paradigm shift wherein intrinsic values supersede external labels,
driving sustainable practices organically. He echoed this sentiment,
envisioning a future where societal norms and governmental policies align to
incentivize responsible corporate conduct.
In conclusion, the discourse on ESG transcends mere
financial metrics, encapsulating broader societal imperatives and ethical considerations.
As finance professionals navigate this evolving terrain, collaboration,
innovation, and long-term vision emerge as guiding principles in pursuing
sustainable finance.
Additionally, as the financial industry grapples with the
complexities of regulation, genuine impact, and diversity, the discussions
underscored the need for a balanced and thoughtful approach. As the world moves
towards a more sustainable future, the financial sector must navigate the
intricacies of ESG with a focus on real, lasting impact.
In the heart of London, the Finance Magnates London
Summit 2023 (FMLS:23) brought together industry leaders to discuss the relevance of
ESG (Environmental, Social, and Governance) investing.
Evdokia Pitsillidou, the Partner, Risk, and
Compliance Director at SALVUS FUND, set the stage, welcoming Matt Bullivant, the Director of Sustainability and ESG Strategy at OakNorth, and P.Faisal Islam, the
CEO of Complytek.ai, for a compelling discussion about the current status of ESG investing and its future implications.
Pitsillidou mentioned: "The main objective of
ESG is the transition to a more sustainable and environmentally friendly
financial system. ESG enables investors to assess how well management teams
consider the risks and opportunities of environmental, social, and governance
factors."
Navigating Sustainable Finance
Bullivant started the discussion, emphasizing
the need for a balanced perspective on ESG: "ESG is just one
facet of a great company; our focus should be on investing in great companies,
not ESG specifically."
Islam, representing Complytek.ai, shed light on integrating ESG frameworks in response to client demand. Addressing the
global landscape, he emphasized the shift in perception of ESG from a
minor consideration to a vital aspect of compliance and risk management.
He cautioned against the pitfalls of greenwashing
and questioned the effectiveness of ESG initiatives: "ESG efforts
should go beyond compliance; we need to assess the actual impact rather than
virtue signaling."
"Most ESG efforts are actually greenwashing,
with little actual impact on environmental or social outcomes. Pushing for more
ESG initiatives may not have any positive effect and could even have a negative
impact," he added.
Regulatory Mandates and Diversity
Pitsillidou steered the discussion towards
regulatory responsibilities, questioning the feasibility and impact of
enforcing gender diversity quotas in corporate boardrooms.
Bullivant offered his perspective, stressing
the need for a holistic approach considering cognitive diversity alongside
demographic representation. He mentioned: "Companies often focus on ESG
compliance rather than driving meaningful change internally or externally.
Regulators are pushing for ESG disclosure to ensure companies are transparent
and not engaging in greenwashing."
Analyzing the Real Impact of Diversity Measures
Islam brought a critical perspective, citing studies
questioning the direct correlation between ESG efforts and financial
performance. He cautioned against mandatory diversity measures potentially
leading to box-ticking exercises rather than genuine advancements.
He said: "ESG investing lacks meaningful
evidence of positive financial impact and may divert attention from genuine
responsible business practices."
Islam emphasized the importance of sustained efforts
toward meaningful change over abrupt, mandatory directives:
"Forcing diversity may not guarantee positive effects; genuine change
requires a deeper, long-term commitment."
ESG criteria have emerged as crucial metrics for investors and companies as the financial landscape evolves. However,
beyond the surface discussions lies the complexities and challenges that shape
the ESG narrative.
The Future of ESG Investing
As the discussion unfolded, the experts underscored
the pivotal role of the next generation in reshaping the ESG landscape. Islam
predicts a paradigm shift wherein intrinsic values supersede external labels,
driving sustainable practices organically. He echoed this sentiment,
envisioning a future where societal norms and governmental policies align to
incentivize responsible corporate conduct.
In conclusion, the discourse on ESG transcends mere
financial metrics, encapsulating broader societal imperatives and ethical considerations.
As finance professionals navigate this evolving terrain, collaboration,
innovation, and long-term vision emerge as guiding principles in pursuing
sustainable finance.
Additionally, as the financial industry grapples with the
complexities of regulation, genuine impact, and diversity, the discussions
underscored the need for a balanced and thoughtful approach. As the world moves
towards a more sustainable future, the financial sector must navigate the
intricacies of ESG with a focus on real, lasting impact.
Appital Insights Integrates with FactSet Portware EMS
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
π LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
π Facebook: https://www.facebook.com/FinanceMagnatesEvents
πΈ Instagram: https://www.instagram.com/fmevents_official
π¦ Twitter: https://twitter.com/F_M_events
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βΆοΈ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
π LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
π Facebook: https://www.facebook.com/FinanceMagnatesEvents
πΈ Instagram: https://www.instagram.com/fmevents_official
π¦ Twitter: https://twitter.com/F_M_events
π₯ TikTok: https://www.tiktok.com/@fmevents_official
βΆοΈ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
π LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
π Facebook: https://www.facebook.com/FinanceMagnatesEvents
πΈ Instagram: https://www.instagram.com/fmevents_official
π¦ Twitter: https://twitter.com/F_M_events
π₯ TikTok: https://www.tiktok.com/@fmevents_official
βΆοΈ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
π£ Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
π LinkedIn: https://www.linkedin.com/company/financemagnates/
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π Subscribe to our YouTube channel for more!π
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
π£ Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
π£ Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage.
π Subscribe to our YouTube channel for more!π
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
π£ Stay updated with the latest in finance and trading!
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