Rewiring supplier contracts for technology sustainability

All businesses operating in the financial services sector are giving serious thought to the environmental impact of their operations. This includes the impact of the GHG emissions of their technology suppliers. An understanding of how to effectively identify relevant supplier emissions and future-proof supplier contracts to align with overall sustainability objectives is therefore needed.

In this virtual session, we will invite you to consider:

• the approaches financial services providers can take to overcome challenges in obtaining quality emissions data from suppliers,
• whether existing contractual mechanisms can be used to align with sustainability agendas or whether new approaches are required,
• benchmarks and performance indicators that can be used to evaluate supplier performance against sustainability objectives,
• how to balance operational resilience requirements for “always available” services against sustainability aims to reduce energy consumption,
• developments in international data and reporting standards that may be used to identify relevant emissions and form the basis for contractual requirements imposed on suppliers.

Agenda

• An overview presentation of the key issues by Matthew Godfrey-Faussett, Partner at Pinsent Masons. 
• A panel discussion moderated by Luke Scanlon, Head of Fintech Propositions at Pinsent Masons and featuring Wendy Walford, Head of Climate Risk at Legal & General, Matthew Godfrey-Faussett, Partner and Angus McFadyen, Partner at Pinsent Masons. 

How is your business tracking against its peers in addressing technology supplier sustainability issues? Complete our survey where we will share results which will benchmark approaches taken with all participants.