Greenwashing Outlook: Legal & Regulatory Compliance and Risk Management Approaches
Linklaters and AFME are delighted to invite you to a half-day “Greenwashing Outlook” conference.
We will be joined by
- Fayyaz Muneer, Deputy Director for Prudential and Sustainability, Financial Services group at HM Treasury;
- Alicia Kedzierski, Head of Department for ESG at the FCA;
- Viet-Linh Nguyen, Head of Sustainable Finance at the AMF;
- Pedro Faria, EFRAG Environmental leader in the Technical Leadership team;
- Dora Blanchet, Head of Sustainable Finance Unit at ESMA’s; and
- Hayley Fletcher, Interim Senior Director, Consumer Protection at the CMA.
Alongside these speakers, we will also be joined by advisors to policy-setters including Vanessa Havard-Williams - Chair of the UK Government’s Transition Finance Market Review and Mark Manning - Independent advisor on sustainable finance and Visiting Senior Fellow, LSE who will focus on greenwashing in the context of transition planning and disclosure. And to conclude the conference, Meghan O'Sullivan - Kirkpatrick Professor of the Practice of International Affairs at Harvard University’s Kennedy School - will set the previous discussion against the current US political context.
With the first panel session starting at 9am, the morning begins by addressing the regulatory landscape faced by all types of financial services firms.
From 10.20am HMT’s Fayyaz Muneer will help us move on to explore the wider themes, risks and opportunities relevant to not only financial services firms but to corporates from all sectors, as he unpacks the UK government’s agenda and priorities in this space.
Throughout the conference we will be exploring, from the EU and the UK perspectives:
Specifically, we will be exploring:
- The state of play of the various greenwashing frameworks and obligations, and their interaction both with each other across the globe and with the wider ESG landscape;
- Greenwashing beyond the financial services regulators – with a look at the impact and influence of other regulatory regimes particularly in the competition, advertising and broader consumer-focused spaces;
- Greenwashing litigation and enforcement trends; and
- The impact of greenwashing regulation, supervision, litigation and enforcement trends on risk management, and practical approaches to sharing the opportunities whilst managing the risks.
Alongside representatives from HMT, your regulators, AFME and industry experts, Linklaters lawyers will provide practical insights on each of the above topics and on how firms can build organisation-wide compliance against a backdrop of myriad differing local and sectoral regimes.
Guest Speakers
Alicia Kedzierski - Head of Department for ESG at the Financial Conduct Authority (FCA)
Alicia Kedzierski is the Head of Department for ESG at the Financial Conduct Authority (FCA) and is responsible for setting the regulatory ESG strategy and leading policy and technical work. This includes embedding ESG across the FCA’s activities. Alicia has led the Sustainability Disclosure Requirements (SDR) Policy, the Vote Reporting Group, as well as the FCA's work on Transition Finance, Transition Planning, and other high profile projects. She is also Co-Chair of the IOSCO Assurance Workstream on Sustainable Finance.
Alicia previously led critical projects for the FCA, including the regulatory response to the Cost of Living Crisis. Her experience spans the UK and working across the Middle East and Africa, including development projects. Previously, Alicia worked at Deloitte, the Prudential Regulation Authority and the Bank of England. Her background is in Law.
Dora Blanchet - Head of Unit, Sustainable Finance at the European Securities and Markets Authority (ESMA)
Dora Blanchet is head of unit in charge of sustainable finance at the European Securities and Markets Authority (ESMA). Her unit coordinates and oversees the Authority’s work related to the various actors of the sustainable investment value chain with the objective to implement ESMA’s Sustainable Finance Roadmap 2022-2024. In this context, ESMA published a Progress and a Final Report on Greenwashing as well as an Opinion on the Functioning of the Sustainable Finance Framework.
Dora joined ESMA in 2016 as team leader of supervisory convergence in which function, she designed and managed various initiatives to deal with Brexit related supervisory matters or conduct peer reviews. She started her career at the European Commission and worked for several years at the French Autorité des marchés financiers.
Fayyaz Muneer, Deputy Director for Prudential and Sustainability, Financial Services group at HM Treasury
Fayyaz Muneer is the Deputy Director for Prudential and Sustainability in the Financial Services Group of HM Treasury. His team is responsible for the regulatory framework for sustainable finance, including sustainability-related disclosures, the UK Green Taxonomy and transition plans, as well as the prudential regime for banks and investment firms. Fayyaz has been at the Treasury since 2012, and has worked in policy roles across public spending, tax, and financial services.
Hayley Fletcher - interim Senior Director for Consumer Protection at the CMA
Hayley Fletcher is the interim Senior Director for Consumer Protection at the CMA, responsible for its consumer enforcement work and preparation for its new enforcement powers under the Digital Markets, Competition and Consumers Act (DMCCA). She was previously a Director working across the CMA's enforcement and markets tools, including its recent work on AI Foundation Models.
Prior to joining the CMA, Hayley worked at a number of regulators, including the Financial Conduct Authority (FCA), Ofcom and the Advertising Standards Authority (ASA). Hayley holds an MSc in Regulation from the London School of Economics.
Mark Manning - Independent advisor on sustainable finance and Visiting Senior Fellow, LSE
Mark Manning is an independent advisor on sustainable finance. He works with a number of organisations across policy, academia and civil society, with a focus on transition planning, system change, sustainability reporting and sustainable investment. Among his engagements, Mark works with the London School of Economics and Political Science (Grantham Research Institute, Centre for Economic Transition Expertise), the IFRS Foundation, the World Bank, Chapter Zero, the International Organization for Standardization, the World Business Council for Sustainable Development, and the Transition Plan Taskforce.
Mark spent much of his prior career working in the official sector, holding various senior policy and research roles in central banking and securities regulation in London and Sydney – with the Bank of England, the Reserve Bank of Australia and the UK’s Financial Conduct Authority. For many years, Mark represented these organisations in international policy committees, including at the Bank for International Settlements and the International Organization of Securities Commissions (IOSCO).
Mark holds Master’s degrees in Economics and Finance, from University College London and London Business School, respectively.
Meghan O’Sullivan - Kirkpatrick Professor of the Practice of International Affairs at Harvard University’s Kennedy School
Meghan L. O’Sullivan is the Jeane Kirkpatrick Professor of the Practice of International Affairs, Director of the Geopolitics of Energy Project, and Director of the Belfer Center for Science and International Affairs at Harvard University’s Kennedy School. The Belfer Center – which includes more than 300 scholars, practitioners, and former policymakers and consistently ranks as the world’s top academic think-tank – advances policy-relevant knowledge in the areas of international relations, security, technology, science, and energy and the environment. Dr. O’Sullivan draws on her broad experience in government, diplomacy, academia, and business to contribute insights that benefit her students and colleagues, the U.S. government, global businesses, and the public debate. She takes pride in teaching and mentoring the world’s future leaders as a member of the
Harvard Kennedy School faculty since 2008. O’Sullivan has served in multiple senior policymaking roles and has advised national security officials in both Republican and Democratic administrations. She is the recipient of numerous awards for her public service, including the U.S. Defense Department’s highest honor for civilians (the Distinguished Public Service Medal) and the State Department’s Superior Honor Award (which she has received three times).
Pedro Faria - EFRAG Environmental leader in the Technical Leadership team
Vanessa Havard-Williams - Chair of the UK Government’s Transition Finance Market Review
Vanessa is leading the UK Government’s Transition Finance Market Review and is a board member of UK Export Finance and chair of the UK Export Guarantee Advisory Group. Vanessa led Linklaters’ sustainability practice until her retirement in 2023 and still consults for the firm..