Canadian Sustainable Finance Network (CSFN) Conference 2021

Calgary, Alberta

November 19-20, 2021

Register and join us!

Join us for the 2nd Annual Canadian Sustainable Finance Network (CSFN) Conference, hosted virtually by the Centre for Corporate Sustainability from Friday, November 19 to Saturday, November 20, 2021.

The next annual UN climate change conference, COP26, is in Glasgow, Scotland, from October 31 to November 12. As such, COP 26 will be top of mind across the world for those who lead efforts to transform investment and our energy systems. If successful, COP26 will be a significant milestone for the transition to a sustainable future, and finance will be critical to accelerating and smoothing this transition. At its best, finance plays a critical role in applying evolutionary pressure to organizational value creation and vision. However, the formal and informal institutions of finance and energy present significant challenges of driving meaningful changes and require frank and brave discussion with academics, educators and sustainable finance practitioners.

The CSFN conference will bring together like-minded academics and financial industry participants to discuss the latest innovation in sustainable finance research and education. The conference presents an opportunity to discuss current and challenging issues related to sustainable finance development in Canada. Ultimately, the conference's goal is to serve as a platform for discussions that will support the transition of Canada's financial system to one in which sustainable growth is ingrained in everyday policy decisions and business practices.

Key Information

Date: November 19-20, 2021
Location: Online (Zoom)

Registration closes: Wednesday, November 17, 2021

Questions?
Contact: CSFN2021@ucalgary.ca


CSFN 2021 Program

CSFN 2021 will include two very distinguished guest speakers as well as several Academic Sessions.

Each Academic Session will have a Chair/Moderator to keep track of time with 3 papers presented in each session (20 mins. presentation and 10 mins. Q&A per paper) 

Example of the Genius of “And” | Fireside Chat with Alex Edmans - Nov.19, 8:30am to 9:45am MST

What can a leader do to maximize both purpose and profit? Benefit both shareholders and society? Learn more from Alex Edmans, author of Grow the Pie: How Great Companies Deliver both Purpose and Profit.

In collaboration with the Pivot on Purpose Summit

Format

  • Live broadcast
  • Presentation
  • Audience questions welcome

Speaker

Alex Edmans, Professor, London Business School

Alex Edmans is Professor of Finance at London Business School and Academic Director of the Centre for Corporate Governance.  He has a PhD in Finance from MIT Sloan as a Fulbright Scholar and was previously a tenured professor at Wharton. He is Managing Editor of the Review of Finance and Associate Editor of the Journal of Financial Economics. Alex has spoken at the World Economic Forum in Davos, testified in the UK Parliament, and given the TED talk What to Trust in a Post-Truth World and the TEDx talk The Social Responsibility of Business with a combined 2.4 million views. Alex’s book, Grow the Pie: How Great Companies Deliver Both Purpose and Profit was named to the Financial Times Business Books of the Year for 2020. He has become a co-author of “Principles of Corporate Finance” with Brealey, Myers and Allen, for the upcoming 14th edition to be published in 2022.

Moderator

Jim Dewald, Dean, Haskayne School of Business

Jim Dewald is the dean of the Haskayne School of Business and a professor in the strategy and entrepreneurship. A business leader who can provide an effective bridge between strategy theory and on-the-ground practice, his research interests are related to the micro-foundations of strategy formulation and implementation. Specifically, his work has contributed to the constructs of cognitive resilience, entrepreneurial thinking and strategic response to disruptive innovations, most specifically business model innovations.

Jim holds a BSc in civil engineering and MBA from the University of Alberta, and a PhD in strategy and global management from the University of Calgary. Prior to entering academia, he was active in the Calgary business community as the CEO of two major real estate development companies and a leading local engineering consulting practice, and president of a tech-based international real estate brokerage company. Currently, Jim sits on the board of Boardwalk REIT, and the West Campus Development Trust.

Academic Research Session I: ESG, Energy Transition, and Investors - Nov. 19, 10:15am to 11.45am MST

Presenters:

Kathleen Hanley, Lehigh University: The Salience of ESG Ratings for Stock Pricing: Evidence From (Potentially) Confused Investors Session 1 Paper - Rzeznik_CSFN .pdf

Truzaar Dordi, University of Waterloo: Ten Financial Actors Can Accelerate a Transition Away from Fossil Fuels Session 1 Paper - Dordi_CSFN .pdf

Hany Fahmy, Royal Roads University: The Rise in Investors Awareness of Climate Risks after the Paris Agreement and the Clean Energy-Oil-Technology Prices Nexus Session 1 Paper - Fahmy_CSFN .pdf

Chair:
Ari Pandes,
University of Calgary

ESG & Sustainable Investing. Deadly Distractions? | Fireside Chat with Tariq Fancy - Nov.19, Noon to 1:15pm - MST

We are hearing a lot about ESG, but is this really an appropriate measure of environmental and social progress? Does it help to achieve a more equitable future? Hear from Tariq Fancy, former CIO for sustainability investing at BlackRock capital for his perspectives on how financial measures can build a better future.  

In collaboration with the Pivot on Purpose Summit

Format

Pre-recorded presentation specifically for CSFN

Speaker

Tariq Fancy, Founder, Rumie; former CIO, BlackRock Capital

Tariq Fancy is the founder of Rumie, which brings affordable digital education to remote, underserved communities worldwide ranging from Indian villages to Syrian refugee camps. Tariq founded Rumie after a career at the intersection of finance, technology and emerging markets, and his business career and unique decision to found Rumie has been chronicled in extensive case studies by Harvard Business School and INSEAD Business School.

Prior to founding Rumie, Tariq spent a long career in finance, starting as an investment banker in Silicon Valley and later becoming the youngest partner at a New York Private Equity firm. He is most notably known for his role as CIO at BlackRock Capital.

As an investor he led the early investments that brought mobile phones into emerging markets as a "leapfrog" innovation over landlines. Tariq believes that merging sound business principles and affordable technology can create revolutionary solutions to some of humanity’s most pressing problems.

Tariq studied at four universities abroad – Brown, Oxford, Sciences Po and INSEAD – and speaks four languages.

Moderator

Dr. Yrjo Koskinen, PhD, Associate Dean of Research and Business Impact & BMO Professor of Sustainable and Transition Finance, Haskayne School of Business

Dr. Yrjo Koskinen, PhD has focused his research in sustainable finance and corporate finance and governance. Currently he is exploring environmental, social and governance (ESG) issues and their impact on firm performance and risk, and the effects of limited liability on corporations.

Prior to his academic career, Yrjo worked as a financial journalist and as an economist at the Bank of Finland. He was also faculty at the Stockholm School of Economics, Boston University’s Questrom School of Business and the Wharton School of the University of Pennsylvania.

Yrjo currently serves on the advisory board of the Institute of Sustainable Finance at Queen’s University and the steering committee for the Canadian Sustainable Finance Network.

Academic Research Session II:  ESG and Big Data - Nov. 20, 9:00am to 10:30am MST

Presenters:

Andrew Karolyi, Cornell University: Paying Attention to ESG Matters: Evidence from Big Data Analytics Session 2 Paper - Karolyi_CSFN .pdf

Elham Kheradmand Nezhad, Université de Montréal: Alignment of Organizations' Climate-Related Risk Disclosures with Material Risks and Metrics Session 2 Paper - Kheradmand_CSFN .pdf

Najah Attig, St. Mary's University: Word Speaks Louder than Action: Do Firms Window Dress Their Social Capital? Session 2 Paper - Attig_CSFN .pdf

Chair:
Basma Majerbi,
University of Victoria

Academic Research Session III: Disclosure - Nov.20, 11:00am to 12:30pm MST

Presenters:

Marcel Metzner, Oxford University: TCFD Climate Risk Disclosures: Early Evidence on the “Gold Standard" Session 3 Paper - Metzner_CSFN .pdf

Ryan Riordan, Queen's University: Carbon Liquidity Session 3 Paper - Riordan_CSFN .pdf

Ailin Chen, University of Alberta:  Voluntary Disclosure of Climate Risk: Some Early Evidence from CDP Participation Session 3 Paper - Mehrotra_CSFN .pdf

Chair:
Anne Kleffner,
University of Calgary

Academic Research Session IV: Environmental Policy and Climate Change - Nov.20, 1:00pm to 2:30pm MST

Presenters:

Yaniv Grinstein, Cornell University: Corporate Environmental Policy and Product Market Competition Session 4 Paper - Larkin_CSFN .pdf

Neal Willcott, Queen's University: The Cost of Delaying to Invest: A Canadian Perspective Session 4 Paper - Willcott_CSFN .pdf

Lilian Ng, York University: Outsourcing Climate Change Session 4 Paper - Ng_CSFN .pdf

Chair:
Yrjo Koskinen,
University of Calgary

The Centre for Corporate Sustainability (CCS) was founded in order to disseminate knowledge and find balance in environmental, social and economic approaches in energy. More Information on CCS