EFRAG-AIAF-EFFAS-OIC Joint Investor Outreach Event - Morning session

The morning sessions will consider issues related to climate related reporting and the need for sustainable finance. These are becoming increasingly important for users of company reports in areas such as: non-financial information, the impact of credit risks on ratings, value creation assessment and the valuation of equity for long term investments.

 10.00 - 10.30 Registration e Welcome 

· Alberto Borgia, AIAF Chairman

10.30 - 11.30 Climate Change impact on accounting

· Opening

o Paolo Gnes, Chairman of the OIC Supervisory Board

· EFRAG the European Lab and its first project on climate-related reporting

o Saskia Slomp, EFRAG CEO

· Introduction to Climate Change risk and main expected impacts: 

o Fabio Verachi, Intesa Sanpaolo, AIFIRM Chairman Climate Change Commission

· Climate Change impacts and weather derivatives: hedging wind’s power risk exposure

o Marco Micocci, Partner Mazars, Full Professor of Actuarial Mathematics, University of Cagliari 

11.30 - 11.45 Quick coffee break

11.45 - 13.15 Round table panel discussion “What impact from climate change may we expect on reporting?”

· Facilitator: Paolo Gnes, Chairman of the OIC Supervisory Board 

o Three Financial Analysts users:

Andrea Gasperini, AIAF Head of Sustainability, EFRAG member of the European Lab Project Task Force on Climate-related Reporting

Pietro Gasparri, AIAF member, Equity Analyst Banca Akros

Javier De Frutos, Chairman EFFAS FRC, Sailbridge Capital CIO

o Alessandro Lai, Professor of Accounting, Università di Verona, Foundation OIBR President

13.15 - 14.15 Light Lunch

Thanks to organizational support of Mazars and Intesa Sanpaolo