Sustainability and ESG have become public and private sector priorities. Banks and financial service institutions have altered their strategies to include environmental and social criteria, while governments have been considering a wide-variety of policy initiatives to drive corporate behavior.
For some years, banks have been offering ESG-linked products, including green bonds and sustainable loans, and various markets have developed mechanisms to trade carbon credits. However, in order for sustainability-linked banking to gain traction and ubiquity, there is general agreement that standard market definitions, methodologies, measurements, reporting, and incentives are needed.
The workshop will provide various viewpoints from leading sustainability experts and speakers including government representatives, regulators, banks, financial institutions, and corporates. Additionally, the program will cover trends in both product offerings and strategies utilized by financial institutions in relation to the incorporation of sustainability internally.
BAFT’s Virtual Sustainability Workshop will allow participants to learn standard definitions of sustainability, sustainable finance, applications of sustainability in transaction banking, and differences in ESG verticals and taxonomies.
Earn the only certificate focused on sustainability in global transaction banking, developed by BAFT and industry members to emphasize the importance of sustainable finance and its impact on transaction banking products and services.
Attendees will have the opportunity to demonstrate their competence and apply their training to the industry following the receipt of BAFT’s Certificate in Sustainable Transaction Banking. A final assessment to test participant’s knowledge will be facilitated following the workshop’s conclusion to assess the knowledge you gained throughout training.
Learn common challenges faced when adopting ESG within transaction banking and opportunities to implement and explore within your institution.
This module introduces the role of Sustainability in Transaction Banking starting with an overview of the three pillars, the ‘E’ ‘S’ & ‘G’ and subsequently focusing on the importance and the impact of this topic on Transaction Banking.
1.1 Understanding Sustainability and ‘E’ ‘S’ & ‘G’ verticals
1.2 ICC Standards for Sustainable Trade & Sustainable Trade Finance
This module provides in-depth perspectives of key stakeholders who are instrumental in driving the ESG agenda globally. You will learn the priorities of various stakeholders and understand their objectives for addressing ESG challenges.
2.1 Government & Regulators
2.2 Banks & Financial Sector
In this module we discuss the emerging sustainability trends in transaction banking. We will cover the products financial institutions are offering and the strategy behind delivering those products. Through interviews with transaction banking leaders, we will also discuss trending client needs around sustainability.
3.2 Strategy of Financial Institutions
This module helps us understand various opportunities and challenges facing ESG in Transaction Banking today. In this section, we will discuss the benefits to all the stakeholders of adopting ESG as well as the various challenges faced by the industry given that this domain is in its infancy and is evolving fast.
For Financial Institutions
This section will suggest means and resources to gain more knowledge, understanding and advanced certifications to audience in Sustainability in Transaction Banking domain.
References to various guidelines, published papers, BAFT courses
N L N Swaroop is Director of Sustainable Trade Finance and Alternate Distribution at HSBC. Swaroop has over 16 years of rich experience across banking and insurance in varied roles ranging from risk underwriting, trade financing, business development, general management and coverage banking in across India and the UK. Swaroop is an active industry voice at ICC, BAFT and ITFA in developing trade as an investible asset class by attracting greater institutional capital and embedding ESG in trade finance.
Anna has 23 years of wealth experience as banker, sales & product specialist with ING (Leasing, Lending, Payment & Cash, Trade Finance). Founder of FI GreenING Trade framework at ING which puts Trade Finance on the Sustainability map and enables traceability of sustainable trade finance transactions; ING’s ambassador at SIBOS (SWIFT global correspondent banks conference) and other banking conferences as well as trade associations such as BAFT (Bankers Association for Finance and Trade) and ICC (International Chamber of Commerce). Actively profiling digital innovations for Trade Finance space such as API for bank guarantees, Komgo, Xlinq. Driving cultural change and sound green brand in clients’ hearts.
Currently Business Director ¬– Structured Deals – IMI C&IB Division, Andrea has been with Intesa Sanpaolo for more than 11 years. In charge of the ESG aspects of the desk, including: (i) the identification and negotiation of the structure and KPI to be adopted in the deals, (ii) selection of technical advisers and definition of their scope work, (iii) portfolio monitoring activity including analysis of advisers’ reports, indication of remedy plans etc. Overall the role entails discussion with external parties such as clients, advisers, ECAs and other lenders, and internally with coverage teams globally and support functions (marketing, treasury, risk management), and continuous update on the standard adopted by the market and on the changes in regulations.
Kaushik Mukherjee is Senior Vice President and Head of Global Receivable & Trade for Asia Pacific, at Wells Fargo, based in Singapore. Kaushik joined Wells Fargo, Hong Kong in 2011, from Axis Bank, where he spent 14 years working in various leadership roles in Trade Operations, International Banking, Corporate Trade & Cash Management, Credit and Treasury functions as well as Trade Asset Distribution, both at Head Office in Mumbai and its Hong Kong branch. He moved to Singapore in 2014 with Wells Fargo, to manage the trade business for Asia South region involving India sub-continent, South-East Asia and Australia, both for the Corporate and FI clients. He took over the role of heading the GRT business for the entire APAC region in Oct 2020, with team members based in Singapore, Hong Kong, China and Japan, covering the Corporate and FI clients in the region.
Diana Rodriguez is Vice President, International Policy at BAFT where she leads the association's global government relations strategy, focusing on prudential, regulatory and global trade policy matters. Her portfolio includes Basel III implementation, Libor transition, and U.S. trade policy. She coordinates joint advocacy with partner trade associations and other global stakeholders to advance BAFT policy priorities. Prior to joining BAFT, Diana served in the Obama Administration as Senior Advisor for International Trade at the U.S. Small Business Administration. There, she advised the SBA Administrator on a global portfolio of trade policy and trade finance matters, and oversaw the Agency’s global entrepreneurship promotion efforts in Asia, Europe and Latin America. Before that, she served as a Director in the U.S. Chamber of Commerce’s International Affairs Division leading trade policy efforts in Mexico.
BAFT is an accredited CPD provider at a number of professional development and training institutions. Such accreditation demonstrates that BAFT’s educational activities represent a quality learning experience.
The BAFT Virtual Sustainability Workshop program has been accredited by The London Institute of Banking & Finance (LIBF) and the ICC Academy as meeting the standards for ongoing CPDs required for recertification of the below professional qualifications.
Accredited certification holders should register to receive CPD credits for recertification. Attendance to all sessions is required to claim CPDs for this particular workshop. CPDs will not be allocated per day or per session.
|Certifications||Awarding Institution||CPDs Available|
|Certificate for Documentary Credit Specialists (CDCS)||LIBF||7|
|Certificate for Specialists in Demand Guarantees (CSDG)||LIBF||7|
|Certificate in Supply Chain Finance (CSCF)||LIBF||7|
|Certificate in Trade Finance Compliance (CTFC)||LIBF||7|
|Certified Trade Finance Professional (CTFP)||ICC Academy||7|
|Global Trade Certificate (GTC)||ICC Academy||7|
Claiming CPDs from LIBF for participating in a BAFT program?
Claiming your CPDs from a BAFT educational or events program is easy to do online. LIBF Members and Alumni can log their CPD hours through the MyLIBF web portal. MyCPD is an online tool for LIBF members to log their CPD hours and maintain an accurate CPD record. Alternatively, individuals claiming CPDs may download and fill out the LIBF CPD Log Word Template.
For more information on CPDs from LIBF, please refer to their Continuing Professional Development Information Hub. If you have a question or query about LIBF CPDs, please contact [email protected].
Claiming CPDs from ICC Academy for participating in a BAFT program?
“Excellent insight and enlightenment on the growing importance of sustainability. It was really helpful getting to listen to various stakeholders and practitioners, stimulating thoughts on how we can strengthen our value proposition to clients in Transaction Banking using sustainability goals and objectives. The program was highly commendable as I feel more armed and informed on this very critical area of focus. ”
London, United Kingdom
“Excellent initiative from BAFT and the working group in conducting the virtual workshop on Sustainability in Transaction Banking. It not only helped in sharing the work being done by several organizations in this area but also to bring more awareness for other organizations to join in this important journey.”
Abu Dhabi, United Arab Emirates