2010 Investor Summit on Climate Risk

The 2010 Investor Summit on Climate Risk was held on January 14, 2010, at the United Nations Headquarters in New York City and was co-hosted by the UN Office for Partnerships, Ceres, and the UN Foundation.^[1]

Summit Conveners

The following were listed as conveners of the summit:^[2]

Co-Hosts

Amir A. Dossal, Executive Director, United Nations Office for Partnerships
Mindy S. Lubber, President, Ceres; and Director, Investor Network on Climate Risk
Timothy E. Wirth, President, United Nations Foundation

United Nations Leaders

Helen Clark, Administrator, United Nations Development Programme
Bernard Coheme, CEO, United Nations Joint Staff Pension Fund
James Gifford, Executive Director, United Nations, Principles for Responsible Investment
Georg Kell, Executive Director, United Nations, Global Compact
Achim Steiner, Executive Director, United Nations, Environment Programme
Kandeh Yumkella, Director-General, United Nations Industrial Development Organization
Sha Zukang, Under-Secretary-General, United Nations, Department of Economic and Social Affairs

State Treasurers, State/City Comptrollers, Asset Owners, Labor Representatives

Kevin L. Boyce, Ohio State Treasurer
Timothy P. Cahill, Massachusetts State Treasurer
Frank T. Caprio, Rhode Island General Treasurer
John Chiang, California State Controller
Janet Cowell, North Carolina Treasurer
Thomas P. DiNapoli, New York State Comptroller
Jack Ehnes, CEO, California State Teachers' Retirement System (CalSTRS)
Alexi Giannoulias, Illinois State Treasurer
Sir Martin Harris, Chairman, Universities Superannuation Scheme
Velda Jones-Potter, Delaware State Treasurer
Cary Kennedy, Colorado State Treasurer
Robert J. Kleine, Michigan State Treasurer
Nancy K. Kopp, Maryland State Treasurer
Orin S. Kramer, Chair, New Jersey State Investment Council
David Lemoine, Maine State Treasurer
James B. Lewis, New Mexico State Treasurer
Bill Lockyer, California State Treasurer
Rob McCord, Pennsylvania State Treasurer
James L. McIntire, Washington State Treasurer
Denise L. Nappier, Connecticut State Treasurer
Ronald E. Powell, Chairman, Illinois State Board of Investment
Mark Ritchie, Minnesota Secretary of State
Dawn Marie Sass, Wisconsin State Treasurer
Alex Sink, CFO, Florida Department of Financial Services
Jeb Spaulding, Vermont State Treasurer
Anne Stausboll, CEO, California Public Employees' Retirement System
Andrew Stern, International President, Service Employees International Union
Richard L. Trumka, President, AFL-CIO
Anne M. Wagner, CEO, Municipal Employees’ Retirement System of Michigan
Ben Westlund, Oregon State Treasurer

Financial Services Firms, Investor Associations and Other Leaders

David Blood, Managing Director, Generation Investment Management
James Cameron, Vice Chairman and Executive Director, Climate Change Capital
Hye-Won Choi, Director of Corporate Governance, TIAA-CREF
Abby Joseph Cohen, Partner and Chief U.S. Investment Strategist, Goldman Sachs
Stephen Davis, Executive Director, Millstein Center for Corporate Governance & Performance, Yale University, School of Management
Paul Dickinson, CEO, Carbon Disclosure Project
Peter Dunscombe, Chair, Institutional Investors Group on Climate Change
Pamela P. Flaherty, Senior Vice President, Citi
Cllr. Ian Greenwood, Chairman, Local Authority Pension Fund Forum
Aled Jones, Facilitator, HRH The Prince of Wales’s P8 Group and Deputy; Director, University of Cambridge Programme for Sustainability Leadership
Alan MacDougall, Managing Director, Pensions Investment Research Consultants
Nell Minow, Editor, The Corporate Library
Robert A.G. Monks, Founder, LENS Governance Advisors
Kevin Parker, Global Head of Asset Management, Deutsche Asset Management
Doug Pearce, CEO & CIO, British Columbia Investment Management Corporation
Frank Pegan, Chair, Investor Group on Climate Change
Andrew D. Plepler, Global Corporate Social Responsibility and Consumer Policy Executive, Bank of America
Arlene M. Rockefeller, Executive Vice President, State Street Global Advisors
Theodore Roosevelt IV, Managing Director, Barclays Capital
Mark Schwartz, Co-Founder & Chairman, MissionPoint Capital Partners
Adele S. Simmons, Director, Marsh and McLennan

Foundation Endowments

Kathleen Cravero, President, The Oak Foundation
Edith T. Eddy, Executive Director, The Compton Foundation
Jesse Fink, Co-Founder, The Betsy and Jesse Fink Foundation
Denis Hayes, President & CEO, The Bullitt Foundation
Eric Heitz, President, The Energy Foundation
Stephen B. Heintz, President, The Rockefeller Brothers Fund
Philip Henderson, President, The Surdna Foundation
Ruth G. Hennig, Executive Director, The John Merck Fund
Stewart J. Hudson, President, The Tremaine Foundation
Jules Kortenhorst, CEO, The European Climate Foundation
Lance E. Lindblom, President & CEO, The Nathan Cummings Foundation
Diane Edgerton Miller, President & CEO, The Blue Moon Fund
Sally Osberg, President & CEO, The Skoll Foundation
Rip Rapson, President & CEO, The Kresge Foundation
Judith Rodin, President, The Rockefeller Foundation
Jenny D. Russell, Executive Director, The Merck Family Fund
Lois E.H. Smith, Managing Director & Trustee, The V. Kann Rasmussen Foundation
Lee Wasserman, Director, The Rockefeller Family Fund
Wren W. Wirth, President, The Winslow Foundation

Program

9:00 am Welcoming Remarks

Timothy E. Wirth, President, United Nations Foundation
Amir A. Dossal, Executive Director, United Nations Office for Partnerships
Mindy S. Lubber, President, Ceres; Director, Investor Network on Climate Risk
Robert Orr, Assistant Secretary-General for Policy Coordination and Strategic Planning, United Nations

9:20am Climate Change and the Global Economy

Jeremy Oppenheim, Director, Climate Change Special Initiative, McKinsey & Company

9:50 am The Road from Copenhagen: Climate Policy Developments

Todd Stern, Special Envoy on Climate Change, U.S. Department of State

10:20 am Policies to Scale Up Investment in the Low-Carbon Economy

Introduction: Denise Nappier, Treasurer, State of Connecticut
Kevin Parker, Global Head of Asset Management, Deutsche Asset Management

10:50 am Investment and Business Opportunities in the Low-Carbon Economy

[[Timothy E. Wirth, President, United Nations Foundation (moderator)
[[Abby Joseph Cohen, President, Global Markets Institute and Senior Investment Strategist, Goldman Sachs & Co.
[[Brendan McDonagh, CEO, HSBC – North America Holdings Inc.

12:00 pm Announcement of 2010 Investor Statement on Catalyzing Investment in a Low-Carbon Economy

Mindy S. Lubber, President, Ceres; Director, Investor Network on Climate Risk

1:00 pm Luncheon Plenary Session

Introduction of Secretary-General: Amir A. Dossal, Executive Director, United Nations Office for Partnerships
Welcoming Remarks: Ban Ki-moon, Secretary-General, United Nations
Introduction of Featured Speaker: Ted Turner, Chairman, United Nations Foundation
Featured Speaker: Al Gore, Former Vice President of the United States; Chairman, Generation Investment Management

2:30 pm Investment Opportunities in the Carbon-Constrained World

Jack Ehnes, CEO, California State Teachers’ Retirement System (moderator)
Richard Cohen, Managing Director, Strategic Investments Group, Bank of America
Rick Lacaille, CIO, State Street Global Advisors
Alan Salzman, CEO, VantagePoint Venture Partners

3:30 pm Capitalizing the New Energy Future: Opportunities for Job Creation

[[Introduction: Nancy Kopp, Treasurer, State of Maryland
Damon Silvers, Policy Director and Associate General Counsel, AFL-CIO

3:50 pm Financing the Low-Carbon Economy: The Role of Institutional Investors

Anne Stausboll, CEO, California Public Employees’ Retirement System (moderator)
Howard Jacobs, Trustee, Universities Superannuation Scheme
Bjarne Graven Larsen, CIO, ATP
Rob McCord, Treasurer, Commonwealth of Pennsylvania

5:00 pm Closing Remarks

George Soros, Chairman, Soros Fund Management, LLC

5:20 pm Conclusions and Next Steps

Timothy E. Wirth, President, United Nations Foundation
Mindy S. Lubber, President, Ceres; Director, Investor Network on Climate Risk

Participating Organizations

The following organizations were listed as participating in the summit.^[3]

References

Template:Reflist

↑ UN: 2010 Investor Summit on Climate Risk - Final Report, April 27, 2010, page 1 (accessed on Nov. 19, 2010)
↑ UN: 2010 Investor Summit on Climate Risk - Final Report, April 27, 2010, page 2 (accessed on Nov. 19, 2010)
↑ UN: 2010 Investor Summit on Climate Risk - Final Report, April 27, 2010, page 37 (accessed on Nov. 19, 2010)

[1] UN: 2010 Investor Summit on Climate Risk - Final Report, April 27, 2010, page 1 (accessed on Nov. 19, 2010)

[2] UN: 2010 Investor Summit on Climate Risk - Final Report, April 27, 2010, page 2 (accessed on Nov. 19, 2010)

[3] UN: 2010 Investor Summit on Climate Risk - Final Report, April 27, 2010, page 37 (accessed on Nov. 19, 2010)

[1]

[2]

[3]