Overview

Bloomberg's Sustainable Business Summits bring together C-suite executives, influential investors, and innovative thought leaders to discuss how companies are using sustainability as a driver of business value. The summits leverage Bloomberg’s unrivaled business and markets expertise to convene conversations on the risks and opportunities around sustainability for corporate executives and innovative investors.

In 2018, Bloomberg returns to Canada for the third annual Sustainable Business Summit: Toronto to explore critical issues around how business and society are managing climate risk and responding to the challenges and opportunities created by the transition to a more sustainable future.


    Date and Time:
    September 20, 2018 
    2:00 – 6:00 PM

    Location:
    Evergreen Brick Works
    550 Bayview Ave
    Toronto, ON M4w 3X8
    Canada


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    Agenda

    1:30 PM Registration and Networking

    2:00 PM Welcome Remarks

    • Lee Ballin, Head of Sustainable Business Programs, Bloomberg L.P.
    • Andrea Barrack, Vice President, Global Corporate Citizenship, TD Bank Group

    2:05 PM Sustainability Outlook: Taking Action

    Senior business leaders reveal their sustainable priorities for the year ahead, share their progress on the transition to a low-carbon economy, and preview the main topics and themes to be covered in the Summit. 

    • Marcelo Lu, President, BASF Canada
    • Marsha Smith, President, IKEA Canada
    • Paul Soubry, President and CEO, New Flyer Industries

    2:35 PM Paris Agreement: Where are We, and What’s Next? 

    Much has changed since the Paris Agreement entered into force nearly two years ago, both in the political climate and in how business has stepped up to make bold climate commitments. We review where things stand and the next steps in tackling climate change and ensuring a clean energy future.  

    • David Layzell, Professor and Director, Canada Energy Systems Analysis Research Initiative, University of Calgary

    3:10 PM Keynote Interview

    • Marcia Moffat, Managing Director and Head of Canada, BlackRock

    3:35 PM Networking Break

    4:05 PM Keynote Interview 

    • Lee Tappenden, President and CEO, Walmart Canada
    • Kathleen McLaughlin, Chief Sustainability Officer, Walmart Inc.

    4:30 PM Implementing the TCFD’s Key Recommendations

    For many investors, climate change poses one of the most significant long term risks, yet the financial opportunities continue to be overlooked. How can organizations utilize the Task Force on Climate-related Financial Disclosures’ recommendations to improve the quality of their disclosures?

    • Karen Higgins, Executive Vice President and Chief Financial Officer, The Co-operators

    Moderated by: Curtis Ravenel, Global Head, Sustainable Business & Finance, Bloomberg L.P. and Secretariat, Task Force on Climate-related Financial Disclosures

    5:00 PM TCFD Case Study: Closing the Corporate Gap

    The financial industry isn’t the only sector that can benefit from the TCFD’s recommendations. Discover how corporations can partner with financial institutions to see what their own low-carbon scenario looks like and how it actually plays out in the market.

    5:25 PM Disrupting Sustainability

    At the intersection of disruptive technology and sustainability lies vast opportunity for change. See how the world’s leading banks are working with Bloomberg MAPS to leverage the power of big data to better assess climate-related risks and opportunities. 

    • Hui Wen Chan, Vice President, Corporate Sustainability, Citi
    • Nicole Vadori, Associate Vice President and Head of Environment, TD Bank Group

    Moderated by: Bobby Shackleton, MAPS Business Manager, Bloomberg L.P.

    5:55 PM Closing Remarks

    6:00 PM Networking Reception

    Speakers

    • Lee Ballin-Photo_177x177
      Lee Ballin, Head of Sustainable Business Programs, Bloomberg LP

      Lee Ballin is the Head of Sustainable Business Programs in Bloomberg's Global Sustainability group.  Reporting to the Chairman's Office, the team aggressively integrates sustainability considerations into all operations and co-develops products and services for the Bloomberg Professional Service, enabling our clients to evaluate sustainability market risks and opportunities.

      Lee works closely with a cross-functional team conducting life cycle analysis of customer facing equipment, optimizing a complex, global logistics network to minimize carbon output of shipments, and setting paper standards for three magazine publications. Lee's communications team develops best-in-class employee engagement programs, training curriculum for operating departments and Bloomberg's GRI-based Sustainability Report, published annually. He is a frequent panelist at sustainability conferences and events speaking on topics ranging from sustainable supply chains, external reporting and employee engagement.

      Lee is a Fellow at the Aspen Institutes Business and Society Program and a graduate of  CORO Leadership New York, a civic leadership program. He holds a bachelor's degree in business logistics from Pennsylvania State University Park and a MBA from New York University's Stern School of Business with a focus on finance and sustainability. He is an adjunct professor at the Pratt Institute, focusing on the intersection of Operations Management and Sustainable Business Strategy.

    • barrack
      Andrea Barrack, Vice President, Global Corporate Citizenship, TD Bank Group

      Andrea Barrack is the VP, Community Relations and Corporate Citizenship at TD Bank Group.  In this role she is the lead champion for Corporate Social Responsibility across the enterprise, ensuring the development of a best in class integrated strategy that is aligned to business objectives while creating positive social, economic and environmental impacts in the community.

      Prior to coming to TD, Andrea was the Chief Executive Officer of the Ontario Trillium Foundation, providing strategic and operational leadership to a government agency that distributed over $120 million in public funding to the charitable and not for profit sector.  Andrea Barrack worked in healthcare administration for more than a decade, focused on primary health care and community health.  She is recognized for her expertise in making organizations more effective by ensuring that systems are integrated and impact is both measured and assessed.

      Andrea Barrack earned a Bachelor of Arts degree in psychology at the University of Guelph and a Master’s of Health Science in Health Administration at the University of Toronto. She has also earned certificates in non-profit management and governance from Harvard University’s Business School and John F. Kennedy School of Government.  In 2016, she was named in the Women’s Executive Network Top 100 Most Powerful Women in the Trendsetter and Trailblazer category.

    • chan
      Hui Wen Chan, Vice President, Corporate Sustainability, Citi

      Hui leads Citi's ESG reporting strategy, and supports sustainable finance and other cross-functional initiatives that drive environmental and social impact with clients and other stakeholders. She also currently serves as the North America Representative on the UN Environment Program Finance Initiative (UNEP FI) Banking Committee.  Previously at Citi, she was the Impact Analytics and Planning Officer at the Citi Foundation.

      Hui has prior work experience in both the private and nonprofit sectors. Before joining Citi, she advised clients across a variety of industries at Sagent Advisors, Inc. and Mercer Management Consulting (now Oliver Wyman Group). She also served as a Program Officer for the William J. Clinton Foundation’s pediatric HIV/AIDS program in Beijing, China, and was a Harvard Business School Leadership Fellow and Associate Director at the International AIDS Vaccine Initiative, focused on strategic planning and business development. 

      Hui is based in New York City. She received an A.B. in Economics from Harvard College and an MBA from Harvard Business School.

    • layzell
      David Layzell, Professor and Director, Canada Energy Systems Analysis Research Initiative, University of Calgary

      David Layzell is a Professor at the University of Calgary and Director of the Canadian Energy Systems Analysis Research (CESAR) Initiative. In CESAR, he studies the energy systems of Canada and works to identify credible, compelling pathways that could transform these systems to address their adverse impacts on the environment, economy, health and social well-being of Canada and Canadians. Between 2008 and 2012, he was Executive Director of the Institute for Sustainable Energy, Environment and Economy (ISEEE), a cross-faculty, graduate research and training institute at the University of Calgary.

      Before arriving in Calgary, Dr. Layzell was a professor at Queen’s University (Kingston) and the Executive Director of BIOCAP Canada, a research foundation focused on biological solutions to climate change. While at Queen’s, he founded an scientific instrumentation company called Qubit Systems Inc. and was elected ‘Fellow of the Royal Society of Canada’ (FRSC) for his research contributions. 

    • lu
      Marcelo Lu, President, BASF Canada

      Marcelo Lu was appointed President of BASF Canada effective February 1, 2016. In this role, he chairs BASF Canada’s Executive Committee and heads BASF Canada’s Leadership Team.

      Lu leads BASF Canada’s internal business support groups, including: Communications, Human Resources, Legal, Finance, and Market and Customer Development and orchestrates all of BASF’s businesses in Canada. He is also responsible for the implementation of the company’s global and regional strategies in the country.

      Prior to moving to Canada, Lu was Vice President, Business Management Polyamides and Precursors, for BASF in Asia Pacific. He has held various positions within BASF Group, including global lead buying positions for natural gas based products and derivatives and Staff to a Board Member. Prior to joining BASF, Lu held several consulting positions at International Finance Corporation (IFC), the private sector development arm of the World Bank, in Washington, DC.

      Lu has a Bachelor of Science Degree from the School of Foreign Service, Georgetown University (Washington DC, USA).

    • mclaughlin
      Kathleen McLaughlin, Chief Sustainability Officer, Walmart Inc.

      Kathleen McLaughlin is senior vice president and chief sustainability officer for Walmart Inc., and president of the Walmart Foundation.

      Kathleen is responsible for programs that help Walmart create economic opportunity through jobs and sourcing; enhance the sustainability of food, apparel and general merchandise supply chains; and strengthen the resilience of local communities. Through business initiatives and philanthropy, her teams work with Walmart associates, suppliers, nonprofit organizations and others to drive significant and lasting improvements to economic, social and environmental systems. Last year, the company awarded more than $1.4 billion in cash and in-kind donations, including $1 billion of food donations

      Before joining Walmart in 2013, she spent more than 20 years with the global consulting firm McKinsey & Company.
      Kathleen serves on the board of the Council on Foundations and is a member of CECP’s Strategic Investor Initiative Advisory Board.

      Kathleen earned a bachelor of science in electrical engineering from Boston University, as well as a master of arts in politics, philosophy and economics from Balliol College at Oxford University, where she was a Rhodes Scholar. She also has a diploma in theology from Oxford. She is married with three children and divides her time between Bentonville, Arkansas, and Toronto, Ontario.

    • moffat
      Marcia Moffat, Managing Director, BlackRock Canada

      Marcia Moffat, Managing Director, is Head of BlackRock in Canada. As Country Head, she is responsible for the leadership and strategic direction of BlackRock's Canadian businesses. She is a member of BlackRock's Global Operating Committee, Global Human Capital Committee and Americas Executive Committee.

      Beyond the firm, Ms. Moffat is actively involved with various industry and philanthropic organizations. She is on the board of the Canadian Coalition for Good Governance, the C.D. Howe Institute and the Ontario Brain Institute, and is a member of Ontario's Panel on Economic Growth and Prosperity. In addition, she is a member of the Business Council of Canada.

      Ms. Moffat has spent most of her career in financial services, including several years at the Royal Bank of Canada where she held senior roles in Investment Banking, Investor Relations and Retail Banking. Ms. Moffat began her career as a corporate finance lawyer in the New York and Paris offices of Shearman & Sterling.

      Ms. Moffat holds an MBA from the Rotman School of Management, an LLB from the University Of Toronto Faculty Of Law and a BS (biology) from McGill University. She is also a member of the New York State Bar Association.

    • CurtisRavenel
      Curtis Ravenel, Global Head of Sustainable Business and Finance, Bloomberg L.P.

      As Global Head of Sustainable Business & Finance, Curtis Ravenel leads Bloomberg’s sustainability initiatives - a Chairman’s Office effort and the result of his 2006 Bloomberg Global Leadership Forum proposal. The program aggressively integrates sustainability considerations into all firm operations and leverages the Bloomberg Professional Service to evaluate sustainability-related investment risks and opportunities for its 315,000 customers. Curtis has worked for Bloomberg in multiple roles. He was the Financial Controller for Asia managing accounting, tax, treasury and audit services for 23 legal entities with combined annual revenues exceeding $1 billion USD. This was preceded by various roles in the Capital Planning and Financial Analysis Groups.

      He currently serves as a board member at US SIF, The Forum for Sustainable and Responsible Investment, and at the Sustainability Accounting Standards Board (SASB). He serves as an advisor to the Global Initiative for Sustainability Ratings (GISR) and the USA Advisory Board to the G8 Social Impact Investment Taskforce. Curtis was awarded a David Rockefeller Fellowship with the Partnership for New York City in 2011. He earned an MBA from Columbia Business School and a BA in History from Davidson College.

    • shackleton
      Bobby Shackleton, MAPS Business Manager, Bloomberg L.P.

      Bobby Shackelton is a Product Manager for Terminal Map applications including geographic news events, and enterprise location data at Bloomberg LP. In this role he has worked to build and release several mapping solutions. These mapping solutions include MAPS, MAP, CMAP, and HURR. Mr. Shackelton built a map publishing system to enable Bloomberg News and TV to publish and air map visuals. In addition, he launched a geographic alerting system that automatically summarizes and generates news stories by companies, based on real time geographic events like hurricanes. Mr. Shackelton also partnered with the UNEP FI pilot group to develop a solution for assessing physical risk.

      Prior to working at Bloomberg, Mr. Shackelton has held roles at SNL Financial working as a product manager for mapping solutions, excel add-in, and data API. Mr. Shackelton also served in the U.S. Air Force working as a GPS and Ground Radar Technician.

      Mr. Shackelton holds a B.S. in Geographic Science from James Madison University. He has won many awards including in the JMU Distinguished Alumni Award - Integrated Science and Technology in 2013, the International SAG Award (Special Achievement in GIS) in 2012, and the 12th Air Force Lt. General Leo Marquez Award - Communication Technician of the Year in 2004. Mr. Shackelton is a board member of the New York Map Society. 

    • marsha
      Marsha Smith, President, IKEA Canada

      As President of IKEA Canada since February 2017, Marsha Smith is committed to securing IKEA as a leader in Canada’s retail landscape and as a Great Place to Work.

      Marsha joined IKEA in the UK in 2003 and has held management positions in Customer Service and Operations. After being identified as a high potential leader within the organization she soon became a Store Manager and was able to achieve exceptional co-worker engagement levels for her unit in the UK, in addition to extra-ordinary sales growth and profits. In 2013, she accepted the challenge of leading IKEA Ireland where she was responsible for developing the IKEA brand and increasing market share.

      Prior to joining IKEA, Marsha began her career in the automotive industry where her determination and entrepreneurial spirit was recognized early on. The challenges and opportunities she was given during this period in her career has shaped her as the leader she is today. Marsha is passionate about people and creating a workplace where young aspirants have the opportunity to thrive and succeed. In 2014, Marsha received recognition from the Prince’s Trust in the UK for a program she helped to develop to provide young adults with skills to help them enter the workforce. She further received the Retail UK, Rising Star of the year award in the large business category.

    • Soubry
      Paul Soubry, President and CEO, New Flyer Industries

      Paul Soubry, ICD.D, is President and Chief Executive Officer (CEO) of NFI Group Inc., the largest bus manufacturer and parts distributor in North America. Prior to joining NFI Group in 2009, Paul worked for 24 years with StandardAero, one of the world’s leading independent aviation service providers, starting as a Marketing Assistant in 1984 and progressing through increasingly senior positions to President and Chief Executive Officer.

      He holds a Bachelor of Commerce (Honours) degree from the University of Manitoba and completed the Executive Development program at the Harvard Business School. He also completed the Canadian Securities Course and is a member of the Institute of Corporate Directors, having graduated from the Directors Education Program at the Rotman School of Management, University of Toronto.

      Paul is currently Chair of the $500 Million Front and Centre Capital Campaign for the University of Manitoba, sits on the Board of Directors of the Winnipeg Jets / True North Sports & Entertainment and the Winnipeg Airports Authority, and is actively involved with United Way Winnipeg. 

      Previously, he served on the Board of Directors of Mondetta Clothing Company, St. Paul’s High School, Economic Development Winnipeg, The Associates of the I.H. Asper School of Business at the University of Manitoba, SmartPark, and the Manitoba Innovation Council.

    • Tappenden
      Lee Tappenden, President and CEO, Walmart Canada

      Lee Tappenden is president and CEO of Walmart Canada.

      Prior to his current role, Lee served as chief operations officer and chief merchandising officer of Walmart Canada.

      Lee began his career with Walmart in 1996 at Walmart’s U.K. based subsidiary, ASDA, and later transferred to the United States to accept a position with Walmart’s global sourcing team. Lee continued to move through a series of progressively senior roles within the U.S., Japan and Canada before assuming his current position.

      He sits on the Board of Governors for the Children's Miracle Network, a non-profit organization dedicated to saving and improving the lives of children at 170 hospitals across North America.

      Lee earned a business degree from the University of Westminster in the United Kingdom.

    • Vadori
      Nicole Vadori, Associate Vice President and Head of Environment, TD Bank Group

      Nicole Vadori, Head of Environment at TD Bank Group, directs TD's enterprise-wide environment strategy to achieve TD's vision of being an environmental leader and to help accelerate the transition to a low-carbon economy. Nicole leads a team of passionate subject matter experts to create impact in four key areas: operational footprint, responsible financing/investing and risk management, green products, and community and environmental engagement. Prior to TD, she was an engineering consultant working with a variety of industries to reduce environmental impacts and advised on climate change. Nicole holds a Bachelors in Chemical Engineering from the University of Toronto, and a Masters in Business Administration from Wilfrid Laurier University. 

    Location

    Sponsors

    Founding Partner

    TD

    The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (or the "Bank"). TD is the sixth largest bank in North America by branches and serves more than 25 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America's Most Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in TD Ameritrade; and Wholesale Banking, including TD Securities. TD also ranks among the world's leading online financial services firms, with approximately 12 million active online and mobile customers. TD had $1.3 trillion in assets on April 30, 2018. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.

    In March 2018, TD launched The Ready Commitment – a new global, enterprise-wide corporate citizenship strategy to help open doors for a more inclusive and sustainable tomorrow. As part of this initiative TD is committed to elevating the quality of the environment so that people and economies can thrive. This includes helping to accelerate the transition to a low-carbon economy, targeting a total of $100 billion in low-carbon lending, financing, asset management and other programs by 2030. 

    Global Advisor

    Syngenta

    Syngenta is a leading agriculture company helping to improve global food security by enabling millions of farmers to make better use of available resources. Through world class science and innovative crop solutions, our 28,000 people in over 90 countries are working to transform how crops are grown. We are committed to rescuing land from degradation, enhancing biodiversity and revitalizing rural communities.

    Premium Sponsor

    CPA Canada logo5

    Chartered Professional Accountants of Canada (CPA Canada) is one of the largest national accounting organizations in the world, representing more than 210,000 members. Domestically, CPA Canada works cooperatively with the regional CPA bodies who are charged with regulating the profession. Globally, it works together with the International Federation of Accountants and the Global Accounting Alliance to build a stronger accounting profession worldwide. CPA Canada, created through the unification of three legacy accounting designations, is a respected voice in the business, government, education and non-profit sectors and champions sustainable economic growth and social development. The unified organization is celebrating five years of serving the profession, advocating for the public interest and supporting the setting of accounting, auditing and assurance standards. CPA Canada develops leading-edge thought leadership, research, guidance and educational programs to ensure its members are equipped to drive success and shape the future. cpacanada.ca   @CPAcanada

    Supporting Sponsor

    Export Development Canada

    EDC helps Canadian companies go, grow, and succeed in their international business. As a financial Crown corporation, EDC provides financing, insurance, bonding, trade knowledge, and matchmaking connections to help Canadian companies sell and invest abroad. EDC can also provide financial solutions to foreign buyers to facilitate and grow purchases from Canadian companies. Follow us @ExportDevCanada

    Program Advisor

    GRI logo

    GRI is an independent international organization that has pioneered sustainability reporting since 1997. GRI helps businesses and governments worldwide understand and communicate their impact on critical sustainability issues such as climate change, human rights, governance and social well-being. This enables real action to create social, environmental and economic benefits for everyone. The GRI Sustainability Reporting Standards are developed with true multi-stakeholder contributions and rooted in the public interest.

    RIA Canada

    The Responsible Investment Association (RIA) is Canada’s membership association for Responsible Investment (RI). Members include mutual fund companies, financial institutions, asset management firms, advisors, consultants, investment research firms, asset owners, individual investors and others interested in RI. Our members believe that the integration of environmental, social and governance (ESG) factors into the selection and management of investments can provide superior risk adjusted returns and positive societal impact. To learn more about the RIA, please visit riacanada.ca.