CEME Event: Invest or Divest in Brown Industries? The Moral Dilemmas – July, 2021

CEME hosted, in partnership with CCLA Investment Management, an online event entitled, “Invest or Divest in Brown Industries? The Moral Dilemmas”. The purpose of this event was to bring together key speakers concerned with investment in, or management of, ‘brown industries’ from both the companies and the investment community. The discussion focused on the questions of investment and engagement versus increasing demands for disinvestment.

Thursday 8th July 2021.

 

Chair: 

Anne Devlin, Board member, Centre for Enterprise, Markets and Ethics

Anne worked for 22 years at BP Oil International, mostly as a crude oil trader and book-leader. Since leaving BP in 2018, she has been working as an independent board member and as an investor with a particular focus on energy transition. She is a director of Terra Solar II, a utility size solar development company in Ireland and an investor in Sitigrid, a carbon offset venture. She also chairs the Finance Committee of St Mary’s RC Church Hampstead.

 

 

Speakers:

WIBF | 18th WIBF Awards for Achievement Luncheon 2015Alan Haywood, Senior Vice-President, ESG Transformation, BP plc

In April 2020, Alan Haywood assumed the role of Head of Group Strategy for BP. He led the work to define the direction and ambition of the company as it transitions through major change in the energy industry. This is part of BP’s drive to “net zero” by 2050 or sooner.

From April 2021, he has been Head of ESG, coordinating the communication of BP’s strategy as relates to implementation of the themes of ESG, particularly climate.

With the exception of when he held the Treasurer role in BP, Alan’s career has centred on energy trading over more than 30 years. Prior to assuming the Strategy lead, he was CEO of the Trading business.

 

Orith Azoulay - BNEF Summit London 2016Orith Azoulay, Global Head of Green & Sustainable Finance Managing Director at Natixis.

Orith Azoulay is the Global Head of Green & Sustainable Finance at Natixis Corporate & Investment Banking division. She started her career in 2000 at JP Morgan Chase in London as an Equity Analyst. Following working for French think tank ORSE (Observatoire de la RSE – Observatory for Corporate Social Responsibility), in 2003, she joined Groupama Asset Management as a senior SRI analyst, where she created and led their socially responsible investment (SRI) research practice.

She joined Natixis in 2008 to create and lead the SRI sell-side Research team, and was appointed in 2017 to create and lead Natixis Corporate Investment Banking’s Green & Sustainable Hub.

 

Dr James Corah, Head of Ethical and Responsible Investment, CCLA Investment Management Limited

James Corah is the Head of Ethical and Responsible Investment for CCLA Investment Management Limited, a leading investment management company in the church and charity sector.

James is responsible for maintaining CCLA’s position as a leader in stewardship and ethical investment. James joined CCLA in 2010. Prior to joining CCLA, James completed his PhD in Economic Geography.

James is also Secretary to the Church Investors Group (a group of 56 institutional Church investors predominately in the UK who have assets of approximately £15bn), a role that involves promoting ecumenical collaboration and cooperation on ethical investment.

In 2012, James was made an Industrial Fellow, attached to the School of Geography, at the University of Nottingham.