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• M24049 - EU Taxonomy (Online)

  • When
    24 May 2024
  •  
    09:00 - 11:00
  • Location
    Online Webinar

  Register

  CPE event organised by the Sustainable Finance Education working group working under the remit of the Sustainable Finance Committee

  Registration Time:08:45
  Sessions Time: 09:00- 11:00  No Break
  Speakers: Ms Michaela Valletta (Member of the Sustainable Finance Education Working Group and Assitant Manager Audit and Assurance at Deloitte), Mr Julian Padovani (PwC), Ms Rachel Decelis (KPMG) and Ms Lushano Myburgh (Manager Assurance at EY).
  Venue:   Online Webinar

  
  

  Participation Fees (The Institute is now accepting payments via Paypal)
  MIA Members: €28

  Non-MIA Members: €50.00

  Retired Members: €15.00

  Students: €20.00

  *Group bookings for 3 or more participants available.

  
  

  BACKGROUND INFORMATION

  In order to meet the EU’s climate and energy targets for 2030 and reach the objectives of the European green deal, it is vital that investments are directed towards sustainable projects and activities, and/or initiatives undertaken by companies that demonstrate proactive steps towards a more sustainable business model. In order to achieve this, a common language and a clear definition of what is ‘sustainable’ was needed hence calling for the creation of a common classification system for sustainable economic activities i.e. the EU Taxonomy.

  The Taxonomy Regulation, which entered into force on 12 July 2020, establishes the basis for the EU Taxonomy by setting out the 4 overarching conditions that an economic activity has to meet in order to qualify as environmentally sustainable.

  
  

  The EU Taxonomy defines criteria for economic activities that are aligned with a net zero trajectory by 2050 and the broader environmental goals other than climate, with the aim to direct investments to the economic activities most needed for the transition. Over and above being embedded within the Corporate Sustainability Reporting Directive and a cornerstone of the EU’s sustainable finance framework, it is also a great market transparency tool.

  SPECIFIC TOPICS TO BE COVERED DURING THE SESSION

  • An overall introduction to sustainable finance and its obligations.

  • What is the EU Taxonomy and its effects

  •  Who regulates this

  • Who has to comply

  • The objectives laid by the Taxonomy Regulation

  • Step 1: Eligibility Exercise

  • Step 2: Alignment Exercise- Substantial Contribution (SC)

                  - Do No Significant Harm (DBSH)

                  - Minimum social safeguards (MSS)

  • KPIs (article 8)

  • Opportunities and challenges (including greenwashing

  
  

  Why is the session of relevance to our members?
  

  The EU Taxonomy is crucial in helping you understand whether an economic activity is environmentally sustainable, avoiding greenwashing and driving investments towards the transition to a low-carbon economy. This, together with the rest of the overall sustainable finance framework, will equip you to navigate the sustainability journey effectively.

  Target Audience

  Financial market participants, such as asset managers, insurance companies and pension funds, and financial advisers, as well as other members of the accountancy profession, sustainability professionals and other professionals involved in the sustainability sphere, whether directly or indirectly.

  Speakers' Profiles

  Rachel Decelis is a chemist and chartered environmentalist, having 18 years’ experience in sustainability.  She is KPMG in Malta’s ESG lead, and has worked with various public and private sector entities throughout her career, in sectors including financial services, energy, waste management, remote gaming, hospitality, retail, construction, manufacturing and others.

  Julian Padovani is currently driving PwC Malta’s EU Taxonomy efforts, assisting clients across various financial and non-financial industries. He joined the firm in 2019 as a B.Com Banking & Finance (Honours) graduate, initially gaining experience in regulatory engagements with local banking clients, later shifting focus towards sustainability regulation

  Lushano Myburgh is a manager within the Valuations and Business Modelling team at EY Malta.  She splits her time between advising local clients on sustainable reporting and her EY global network role where she is involved in coordinating projects linked with the latest market and regulatory developments across continents in the sustainability reporting area.

  Michaela Valletta is an Assistant Manager at Deloitte, is a key member of the Assurance Team, specialising in advisory and assurance with a main focus on sustainability. She actively fosters the growth of Deloitte's ESG function whilst also assists clients with CSRD compliance and sustainability strategy. Moreover, she has been invited as a guest lecturer at University of Malta and MCAST on ESG and contributes to the MIA Sustainability Reporting Committee's Education Working Group.

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  EVeNT CPE COMPETENCies

  2 Core

  WEBINARS TERMS AND CONDITIONS

  Terms and conditions  apply

  
  

  DISCLAIMER

  By Registering and/or Booking for this event, you agree that MIA will collect your information which will be using it in accordance with its Privacy Notice available at the following link.

  Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use.

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