The European Federation of Financial Analysts Societies (EFFAS) is proud to announce that it has appointed Friends of the Earth Hong Kong (FoE (HK)) as EFFAS’ Value Added Partner to help administer and promote the EFFAS CESGA® Programme to professional bodies, educational organisations and NGOs in Hong Kong and Singapore. They will also host workshops and the exams too for candidates to become an EFFAS Certified ESG Analyst.

The European Capital Markets Institute (ECMI) published their commentary in July 2020: ESG resilience during the Covid crisis: Is green the new gold? The analysis in the commentary shows that investors’ preference for ESG compared to conventional funds has not lessened during the Covid-19 crisis. The authors, Jean-Jaques Barbéris and Marie Brière, argue that at the EU level the focus on ESG is likely to remain strong for asset managers and institutional investors and that on a policy level, this has been supported so far by the Action Plan on Sustainable Finance and will continue with the upcoming Renewed Strategy.

A contributor to the EFFAS CESGA Programme, Teresa Royo Luesma, recently had her article Non-Financial Information, A Tool to Achieve the Recovery Objectives of The European Union published in La Revista Análisis Financiero (The Financial Analysis Magazine) edited by the Spanish Institute of Financial Analysts (IEAF).

Jean-Philippe was appointed to the European Lab Project Task Force on reporting of non-financial risks and opportunities on 29th May and attended the Project’s first webcast meeting on 10th June.

He answered the call on behalf of EFFAS to participate in the project which will identify good practices on the reporting of non-financial risks and opportunities and their linkage to the business model from a sustainability perspective and addressing what is commonly known as ESG factors.