Fostering sustainable & inclusive investing while ensuring financial returns
A half-day programme aims to empower investors to move from the theory to the practice of impact investing through in-depth keynote speeches from experienced impact investors and impact practitioners. During the InvestorConnect sessions, investors can explore a select group of impact strategies in public equity, public debt, private equity, private debt and real assets.
Why going beyond ESG is a critical step for Institutional Investors
Fostering sustainable & inclusive investing while ensuring financial returns has the force to shift financial markets. The current pandemic and climate crisis have shown the power of sustainable investments to outperform its traditional peers. Join us on a deep-dive discussion about moving from ESG to investing with impact to yield attractive returns and the relevance of impact measurement harmonisation. Also, what LPs should ask GPs and the extent to which regulations hinder or advocate for impact investing.
ADVISORY BOARD 2023:
- This agenda was created with input from:
- Gouro Sall-Diagne, Directrice de la Surveillance (Monitoring Director), Authorité des Marchés Financiers
- Graham Singh, CEO, Trinity Centres Foundation
- Nicole Leite, Principal, Climate Tech Fund, BDC Capital
- Pierre-Laurent Macridis, Investissements Privés Alternatifs & d’Impact (Private alternative & Impact Investments), Fondaction
- Rosalie Vendette, Directrice (Engagement Manager), Quinn+Partners
- Simon Veilleux, Analyste Investissement durable (Sustainable Investing Analyst), CDPQ
- Stéphanie Émond, Directrice de l'impact (Chief Impact Officer), FinDev Canada
- Wren Laing, Directeur d'Investissement Impact (Investment Director Impact Investing), McConnell Foundation
SUPPORTING ORGANISATIONS 2023:
InvestorConnect sessions offer institutional asset owners an efficient way to discover a pre-screened group of scalable impact strategies of institutional quality, across multiple asset classes, impact themes and the SDGs. The dynamic system of 15-minute meetings set a comfortable space to ask relevant questions & create connections along the way.
WHO WILL ATTEND
● Public and Corporate Pension Funds and their Fiduciary Managers,
● Insurance Companies,
● Sovereign Wealth Funds,
● Family Offices,
● Foundations and Endowments,
● Wealth Managers/Private Banks,
● Development Finance Institutions,
● Faith-based Organisations.
FEATURED SPEAKERS 2023
Eduard van Gelderen
Chief Investment Officer,
Prior to joining PSP Investments, Eduard was senior managing director at the office of the chief investment officer of the University of California. As a member of the executive team, his primary responsibilities included overseeing the University’s retirement plan, heading up equity and real assets activities, and handling strategic partnerships in Europe. He also served as CEO of the Dutch financial service provider APG Asset Management and as deputy CIO of ING Investment Management.
Eduard is a certified financial risk manager and a chartered financial analyst and has served on several investment advisory boards. He holds a master’s degree in quantitative finance from Erasmus University Rotterdam and a post-graduate degree in asset liability management from Maastricht University in Limburg. He is currently a PhD candidate at the International School of Management in Paris. Eduard began his career as an investment banker in London and Amsterdam.
Global Affairs Canada
Since joining CIDA in 2003, Geneviève has held various positions working across Africa on donor coordination and harmonisation, institutional capacity assessments for budget support, and public financial management. She also worked at the Embassy of Canada in Dakar, Senegal.
Trinity Centres Foundation
Over the past 12 years, Graham has led four historic building and community renewal projects in the United Kingdom and Canada, including in his current role as Rector of the Anglican Diocese of Montreal’s recent church plant, St Jax Montreal.
Graham also acts as a consultant in the area of social impact investing, in the private wealth management sector. He is a graduate of the London School of Economics, Cambridge University (Ridley Hall / St Mellitus College), the University of Western Ontario and Asbury Theological Seminary and Oxford University’s Saïd Business School Impact Innovations Programme.
Jason has advised several clients across industries in how to embed social impact considerations and metrics into their operational and investment strategies and reporting. Recently, he worked with a global real estate investor and developer to identify social impact indicators to measure and report on in delivering its ESG strategy priorities. He also led projects to help a Canadian cooperative bank clarify its impact thesis, and to support a large Canadian real estate investment manager embed social impact initiatives into their property management building standards.
Prior to joining Q+P, Jason spent nearly 5 years with MaRS Discovery District’s Centre for Impact Investing, where he advised clients across sectors on how to attract and deploy capital to intentionally and measurably improve outcomes for people and the planet, while generating financial returns. This included supporting large corporations with establishing impact funds, to helping financial institutions engage their clients in sustainable investing. At MaRS, he led systems change and market building initiatives to support the growth of the Canadian impact investing market. He also built and led MaRS’ impact measurement and management advisory practice, helping organizations collect and manage data that demonstrates the outcomes they contribute to.
Jason’s prior experiences include working to build and finance social enterprises in the developing world with the Clinton Foundation’s poverty alleviation initiative from New York and Colombia. He also co-authored a number of articles with a global health research group on scaling primary care programs in low- and middle-income countries and worked in technology portfolio management with BlackBerry.
Impact Investment Manager,
Senior Advisor, Dialogue and Public Affairs,
Community Foundations of Canada
& Executive Lead,
New Power Labs
As a Managing Partner at Marigold Capital, a gender and social equity lens investment fund, she invests in underrepresented and overlooked founders. Across the last decade, Narinder designed and scaled two social ventures: as the Managing Director she built LEAP | Pecaut Centre for Social Impact, an innovator in venture philanthropy, and as the founding Executive Director of Rise Asset Development she built a microfund for individuals with a history of mental health and addiction challenges. Her work spans to the Global South where she helped grow the Première Agence de Microfinance across Burkina Faso, Cote d’Ivoire, Mali and worked on the portfolio team with Acumen in Ghana and Nigeria.
Narinder has been recognized as a BMW Foundation Responsible Leader. She is a lecturer at Ryerson University and Narinder co-created the first course in microfinance and impact investing at the University of Toronto. Narinder currently serves on the board of Acumen Canada, The Circle and CAFIID.
Rosalie is an expert in responsible investment and sustainable finance and advises market leaders in retail and institutional investment management, pension plans, banks and insurers on pathways to integrate environmental, social and governance (ESG) factors in governance, risk management and value creation.
Rosalie currently serves around ten Canadian pension plans and investment managers. Many projects include completing an ESG maturity assessment, crafting an ESG action plan, desigining ESG and responsible investing policies and implementations tools, and supporting with communciations. Her particular area of expertise is proxy voting, and as such, she has contributed to proxy voting policies and implementation of associated processes for multiple asset managers and owners. She has also supported various lenders and insurers crafting ESG or impact strategies.
Before joining Quinn+Partners, Rosalie was the Head of Responsible Investment at Desjardins Group for a decade before leading her own ESG consulting business. She was involved in developing Quebec’s financial sector’s sustainable finance ambition and an upcoming ISO Standard on sustainable finance.
Rosalie frequently speaks at industry events, to media news outlets and convenes influential decision-makers to drive change in capital markets. She teaches sustainable finance at the Executive MBA HEC-McGill.
VP and Chief Impact Officer,
Prior to joining FinDev Canada, Stéphanie served as the Executive Director of FINCA Canada, a microfinance organization with the mission to alleviate poverty through lasting solutions that help people – women in particular – build assets, create jobs, and raise their standard of living. Before FINCA, she worked as a management consultant with Raymond Chabot Grant Thornton, on business and strategic planning, market analysis and marketing strategies, and for the Canadian International Development Agency (CIDA – now Global Affairs Canada) as an economic advisor focusing on private sector development and financial inclusion.
Prior to that, Stephanie worked with FINCA Peru, a Peruvian microfinance institution, and for Newad, a Canadian place-based media company, as Director of Marketing. She holds a MBA from HEC Montreal
Investment Director Impact Investing,
Impact Measurement and Management Specialist,
Phenix Capital Group
BOOK YOUR SEAT AMONGST YOUR LOCAL IMPACT INVESTING PEERS!
A LIMITED NUMBER OF COMPLIMENTARY INVITES ARE AVAILABLE FOR INSTITUTIONAL INVESTORS AND ASSET OWNERS.
09:00 - 09:30 Registration
09:30 - 10:30
Breakfast Workshop | Creating a Biodiversity Mandate
In this session, Phenix Capital Group’s impact specialist, Gemma Roex, will present how investors can treat biodiversity as a primary theme at the heart of your mandate. She will share the most current data on capital committed to biodiversity and the number of funds available in the market. Marie-Hélène Lafond, Senior Advisor Dialogue and Public Affairs, at Fondaction will present the development of biodiversity indicators for Quebec investors. These indicators are being developed in collaboration with SNAP Québec (Société pour la nature et les parcs), Biodiversité Québec, and Caisse de dépôt et placement du Québec (CDPQ). Looking at the different asset classes, and both the public and private market, a group discussion will be facilitated to tackle the following question: How do you treat biodiversity as a primary and investible theme?
- Gemma Roex, Impact Measurement and Management Specialist, Phenix Capital Group
- Marie-Hélène Lafond, Senior Advisor Dialogue and Public Affairs, Fondaction
Interview | The Path to Sustainable Investing, a comparative perspective from Canada, the USA, and the Netherlands
Native to the Netherlands, Eduard van Gelderen is the Chief Investment Officer at the Public Sector Pension Investment Board (PSP Investments). Prior to this, Eduard van Gelderen was the CIO of Capital Markets and later CEO of APG Asset Management, the Dutch fiduciary manager of large Dutch pension funds. Eduard was also the senior managing director at the office of the chief investment officer of the University of California. In this session, he will share his perspective as a European institutional asset owner and his global journey towards impact investing.
- Eduard van Gelderen, Chief Investment Officer, PSP Investments
- Tori Hellrung, Investment Principal, Sustainable and Impact Investments, Fondaction
10:55 - 11:10 Coffee Break
This dynamic session, consisting of short 15-minute speed meetings, is designed to give asset owners an efficient way to learn about a selected group of impact strategies of institutional quality and take an opportunity to enquire for more details, whilst making connections with other asset owners along the way.
11:50 - 12:50 Lunch
12:50 - 13:05
Keynote Speech | Innovating for Gender Equality and Sustainable Development: The Importance of Gender Lens Investment in Developing Countries
Canada's International Assistance Innovation Program (IAIP)) is a pilot program (2019- 2024) making targeted investments to help mobilize additional private investments in developing countries that will help achieve the Sustainable Development Goals. This keynote will highlight the benefits of a gender-sensitive approach to investment and the vital role of women in promoting sustainable economic growth and social development. It will highlight the importance of impact in choosing projects and funds, emphasizing the need to consider gender perspectives.
- Geneviève Brown, Executive Director, Global Affairs Canada
Investor Panel | Impact Opportunities in Canada
(This session will be conducted under Chatham House Rules)
What is the state of the impact investing market in Canada? Who are the leading investors driving impact? What are their challenges and focus? And how can we strengthen and grow the ecosystem? The speakers will speak on their experiences as Canadian investors from British Columbia to Québec investing in Canada, touching upon best practices and the nationwide regulations and lack thereof. This session will tackle impact themes like social impact, reconciliation, and nature-based solutions.
- Lars Boggild, CFA, Impact Investment Manager, Vancity
- Wren Laing, Investment Director Impact Investing, McConnell Foundation
- Rosalie Vendette, Director, Engagement Manager, Quinn+Partners
13:40 - 13:55 Coffee Break
13:55 - 14:30
Fireside Chat | Real Assets: An approach to Place-Based Investing
Place-based impact investing can help real estate investors deliver clear and measurable improvements to deprived areas. There are many components to take into account such as the local neighbourhood and its needs, the measurements framework used for social impact, and finally responsible and profitable exits.
- Graham Singh, CEO, Trinity Centres Foundation
- Narinder Dhami, Board Member, Community Foundations of Canada & Executive Lead, New Power Labs
- Jason Sukhram, Engagement Manager, Quinn+Partners
14:30 - 14:50
Lightning Talk | The Good, the Bad, and the Ugly of Impact Management Practices
In this dynamic session, Stéphanie Émond will share some reflections on the good, the bad, and the ugly of impact management practices.
- Stéphanie Émond, VP & Chief Impact Officer, FinDev Canada
14:50 - 16:00 Closing & Networking
JOIN LEADING ORGANISATIONS AS A SPONSOR!
GET IN THE MOOD TO MEET YOUR INDUSTRY PEERS!
High value, as the dynamic Phenix team with Sophie Robe, actively support alliances, connections and builds ongoing vital expansion opportunities for global Impact networks.”
WHAT OUR ATTENDEES SAY
WHAT IS IMPACT INVESTING
Whereas ESG investing looks to integrate environmental, social and governance factors when subject to an investment’s performance, impact investing goes a step further by seeking investments that contribute to measurable social and/or environmental impact.
THE CHARACTERISTICS OF IMPACT INVESTMENTS
Intentionality: intent to achieve a social or environmental goal is clearly expressed and the investor identifies outcomes that will be pursued
Additionality: thesis or narrative describes how the investor’s actions will help achieve the goal and how the outcome would not have occurred without the investment
Measurement: impact measurement framework in place to assess the level of expected impact and monitor progress against the goal
SPECTRUM OF CAPITAL
Impact Seminar Series programme is focusing on the financial-first impact investments opportunities, offering experienced impact investors the stage to share best practices with their industry peers.
First published by Bridges Fund Management (2015), the Spectrum of Capital maps out different investment approaches, depending on investors’ desired risk, return and impact profile, and categorizing them in a range from traditional investment to philanthropy.
- Financial-First Impact Investments: select funds in specific sectors, impact themes, or in alignment to the SDGs. In this approach, there is no trade-off between return and impact, and thus all investments should achieve fully commercial risk-adjusted returns.
Impact-First Impact Investments: funds are selected to maximize impact over returns. These investments may target lower risk-adjusted returns to deliver greater impact.