The London Institute of Banking & Finance (Registered Office - Peninsular House (8th floor), London, United Kingdom
March, 30, 2023
ESG and sustainability have become dominating issues in the world economy. But ESG regulation is evolving and to date no internationally recognised standards have emerged. This presents a huge challenge for banks, which are struggling to integrate ESG into their risk management framework. The challenge is especially acute for commodity trade finance, which is exposed to multiple ESG risks that are poorly understood. And with compliance and reporting standards strengthening by the day, the banks that finance commodity trade need to overhaul their risk management approach urgently.
Led by thought leader and strategic advisor on African markets, commodity value chains and disruptive technology Dr Tedd George, and fully supported and accredited by The London Institute of Banking & Finance (LIBF), this course has been designed to directly address challenges and provide bank professionals with the information and context they need to understand how sustainability issues impact commodity trade finance.
» Gain 7 CPD points
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The training will include a number of polls (using Mentimeter) to gauge student knowledge and expertise, and the discussions will be highly interactive, with plenty of opportunities for students to discuss the topics covered in the course and relate them directly to their own work and experience in commodity trade finance.
This moderated discussion will explore how ESG factors impact your business. How do these risks manifest, where do they have the strongest impacts (e.g. profitability, cost of risk, reputational damage?), and which sectors are most exposed? Does your business have a transition plan, and what tools are at your disposal to address these risks?
Review of case study on a Dubai-based company seeking finance for exports of LNG from the UAE to Germany. Students will be put into breakout groups (4-5 people in each) to review the case study. The exercise will include a comprehensive review the ESG risks and assessment of the impacts, after which students will jointly develop measures to avoid or mitigate these impacts. There will be a focus on looking for opportunities to convert risks into financing and business, as well as on identifying areas where trade finance has unique requirements to integrate ESG factors. Each breakout group will share its findings as part of a broad group discussion, tying together the learnings of the training.
Tedd George (Dr Edward George) is a thought leader and strategic advisor on African markets, commodity value chains and disruptive technology. He advises on a number of Fintech & agritech projects in Africa, trains financial professionals on sustainability issues, and is a regular speaker at conferences, producer of webinars and podcasts, and commentator in the media (see www.kleosadvisory.uk for details). Tedd has a number of specialities, including agribusiness, commodity value chains, trade and trade finance, disruptive technology (fintech & tradetech), and ESG.
Venue: The London Institute of Banking & Finance (Registered Office - Peninsular House (8th floor)
Address: 36 Monument Street. London EC3R 8LJ
Telephone/Fax: 020 7444 7101
Head of Marketing & Strategic Partnerships
Email: Elisabeth Spry at espry@gtreview.com
