Event

ecolution on Tour: Sustainability Unleashed – Paving the Way for Financial Success

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The third ‘ecolution on Tour’ event of this year, focusing on the connection of sustainability and financial prosperity, took place on October 5, 2023, in Frankfurt.

The primary objective of this event was to explore the intrinsic intersection between sustainability performance and financial success for corporations while emphasizing the crucial role of financial institutions and investors in the corporate transition toward sustainability. Given the volatility and increasing uncertainty of today’s business landscape, the examination of sustainable and resilient practices is of utmost importance.

The local event was hosted by PwC Germany, a member of econsense, and recorded a high participation of more than 80 attendees. The event featured speakers representing various sectors, including corporates, investors, banks, public institutions, and science, who collectively underlined the significance of collaboration between these entities in achieving a successful sustainability transformation.

At the core of this ‘ecolution on Tour’ were climate transition plans, which are essential for corporations’ progress towards climate neutrality and sustainability. Katarin Wagner (Executive Director, econsense) and Daniel Schmid (Chief Sustainability Officer, SAP SE & Chairman of the Board, econsense) opened the event with a welcome speech. Sebastian Schütz (Head of Sustainability, Deutsche Bundesbank) delivered a keynote emphasizing the importance of robust transition plans for both financial & non-financial undertakings.

The event further addressed the challenges posed by climate risks and their impacts, emphasizing effective strategies for businesses to manage these risks while minimizing their environmental footprint. Sebastian Schütz (Head of Sustainability, Deutsche Bundesbank) and Dr. Michael Verbücheln (Director Methodology Development, Value Balancing Alliance) engaged in a Power Talk on this pertinent topic, with a specific focus on how corporates and banks manage ESG risks and impacts. The power talk was moderated by Rainer Kroker (Partner, Sustainability Leader, PwC Germany).

Moreover, the event highlighted opportunities arising from sustainable actions, including the issuance of sustainability-linked bonds. These opportunities not only contribute to environmental well-being but also lead to reduced capital costs and increased investor interest. Rainer Kroker (Partner, Sustainability Leader, PwC Germany) delivered an impulse on the profits of sustainable transformation.

Subsequently, a panel discussion on the topic “Sustainability strategies & transition plans as a financial success factor for companies?” featuring panelists Nicolette Behncke (Partner Sustainability Services, PwC Germany), Prof. Loriana Pelizzon (PhD, SAFE/Goethe University), Anastasia Petraki (PhD, Head of Sustainability, EEGA, BlackRock) and  Severin Weig (Director Group Treasury, Group Insurance & Corporate Risk, Heidelberg Materials) played a central role in the event’s discussion. The panel was chaired by Jannis Luca Arnold (Project Manager, econsense) and Vera Lisa Hasselwander (Project Manager, econsense).

The idea behind the ‘ecolution on Tour’ event series is to provide food for thought and offer a platform for exchange – always with a focus on the practical implementation of sustainability in business. Our host for the third ecolution on Tour this year was econsense member PwC Germany: Whether for a global player, a family business or a public institution, PwC is there for you at 21 locations in Germany. More than 13,000 committed experts serve our clients day in, day out – in audit and Audit and Audit-related Services (Assurance Solutions), Tax and Legal Advice (Tax & Legal Solutions), as well as Transformation, Risk & Regulatory, Sustainability, Cloud & Digital, Deals and Strategy&, PwC’s global strategy consulting business. PwC Germany takes a holistic view of sustainability and the value chain from strategy through to implementation, and from people, culture and change through to production processes. The interdisciplinary experts in PwC’s Sustainability business unit consists of more than 670 employees and holistically support customers in their transformation towards a sustainable company: from the strategy to anchoring it in daily processes to reporting and controlling the entrepreneurial impact – including the all-important energy transformation with engineering expertise.

Partner

Agenda

  • Arrival & Check-In

  • Welcome

    • Daniel Schmid, Chief Sustainability Officer, SAP SE & Chairman of the Board, econsense
    • Katarin Wagner, Executive Director, econsense
  • Keynote – The importance of robust transition plans for financial & non-financial undertakings.

    • Sebastian Schütz, Head of Sustainability, Deutsche Bundesbank
  • Impulse – Sustainable is the new profitable: Seizing the opportunities of sustainability transformation

    • Rainer Kroker, Partner, Sustainability Leader, PwC Germany
  • Power Talk – Turning theory into practice: How corporates and banks manage ESG risks & impacts

    • Sebastian Schütz, Head of Sustainability, Deutsche Bundesbank
    • Dr. Michael Verbücheln, Director Methodology Development, Value Balancing Alliance

    Chair: Rainer Kroker, Partner, Sustainability Leader, PwC Germany

  • Panel Discussion – Sustainability strategies & transition plans as a financial success factor for companies?

    • Nicolette Behncke, Partner Sustainability ServicesPwC Germany
    • Prof. Loriana Pelizzon (PhD), SAFE/Goethe University
    • Anastasia Petraki (PhD), Head of Sustainability, EEGA, BlackRock
    • Severin Weig, Director Group Treasury, Group Insurance & Corporate Risk, Heidelberg Materials

    Chair: Jannis Arnold, Project Manager, econsense & Vera Hasselwander, Project Manager, econsense

  • Closing

  • Dinner & Networking

Location

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Tower185

The event took place in Tower185 in Frankfurt am Main.

Concept ecolution on Tour

The ecolution on Tour is organized as an on-site event in collaboration with an econsense member. The focus is on a selected sustainability topic that holds special relevance for both the econsense member and the network. ecolution on Tour events can take place multiple times a year, paving the way for the next ecolution.