Agenda
PDF 151 KBVenue: Ground Floor Meeting Room G02C - 160 Tooley Street, London SE1 2QH. View directions
Contact: Julie Timbrell
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Part A - Open Business |
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Apologies
To receive any apologies for absence. |
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Notification of any items of business which the chair deems urgent
In special circumstances, an item of business may be added to an agenda within five clear working days of the meeting. |
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Disclosure of Interests and Dispensations
Members to declare any interests and dispensations in respect of any item of business to be considered at this meeting. |
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Minutes
To approve as a correct record the Minutes of the meeting held on 11 October 2022. Supporting documents: |
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Confirmation of cooptees
The following cooptess are proposed to join the commission:
1. Lydia Marsden, Senior Research Officer within ShareAction's banking standards team.
2. Shalaka Laxman is an entrepreneur and sustainable finance professional with eight years of diverse experience within financial services including at Deutsche Bank developing sustainable financial products for large companies. Currently freelancing for the Cambridge Institute for Sustainability Leadership.
In addition Clinton van der Spuy has volunteered to contribute to the Climate Finance review , although he is unable to take up a co-optee role as he is based in New York. Clinton is a banker working at the intersection of capital markets, risk management and climate risk with a focus on addressing the risks and opportunities in the sustainable finance and climate risk space. |
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Pension Fund divestment progress
Officers have provided a report which they will present on Pension Fund divestment progress and strategy in light of the 2016 decision to divest and more recent commitment to ‘Make the council’s pension fund zero carbon by 2030’.
The following are enclosed:
· Summary of Carbon Footprint journey · Carbon reduction graph with notes · Investment strategy statement · Southwark Pension Fund Investment Strategy to Achieve Net Zero Carbon Exposure by 2030
Supporting documents: |
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Carbon Tracker
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Abundance
Karl Harder, co-founder of Abundance , will present on Community Municipal Bonds / Local Climate Bonds and more broadly on Climate Emergency transition.
A report ‘Financing For Society - Assessing the Suitability of Crowdfunding for the Public Sector’ has been provided as a briefing. Supporting documents: |
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Green Finance Institute
Matt Ferretti, Head of Partnerships, and Ryan Jude, Programme Director, Green Taxonomy will present. A report is enclosed. Supporting documents: |
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3ci
Steve Turner, Director, 3Ci will present.
The following 3Ci reports are enclosed:
· Our Pathway Towards Net Zero Investment and Growth · Unlock Private Investment for Net Zero – A Practical Guide for Local Authorities
More can be found here: 3Ci.org.uk
Supporting documents: |
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Work Programme
A cover report, work programme and review scopes are enclosed. Supporting documents: |