Giulia Chierchia

bp p.l.c.

Executive vice president, strategy & sustainability

Giulia joined bp in April 2020 as Executive Vice President, Strategy & Sustainability. In her role, Giulia drives bp’s strategy and sustainability agenda. She has also oversight for the group’s ethics and compliance organisation. Prior to bp, she worked for McKinsey, where she was a senior partner. She led the global downstream oil and gas practice and was a key member of the chemicals and electricity, power and natural gas practices. She has more than 10 years’ experience in the energy sector, including helping companies shape their strategies for the energy transition. Giulia graduated from Bocconi University in Milan and holds an MBA from INSEAD. She is half Belgian, half Italian and grew up in London. She is also a mother of 2 children.

Sessions With Giulia Chierchia

Monday, 1 March

  • 11:50am - 12:20pm (CST) / 01/mar/2021 05:50 pm - 01/mar/2021 06:20 pm

    Plenary

    ESG: What should be the metrics?

    Panel Markets/Economics/Strategy Finance & Investment/Trading & Risk Management Energy Transition/Climate & Sustainability
    The momentum for ESG investing has accelerated, with “Environmental” often identified as the most important element within ESG. Some financial regulators are mandating that institutions consider the physical and transition risks of climate change in their stress testing and asset valuations. This means that companies, in turn, are increasingly being asked for “consistent, comparable, and reliable” ESG metrics. But at present, no single and consistent set of metrics, definitions, and reporting frameworks is in place. Which ESG factors materially affect long-term company performance? What metrics can be trusted? Which can meaningfully be compared between companies and sectors? Should investors care only about drivers of future company value, or should they worry about how companies impact global sustainable development? What is the role of financial institutions and financial regulators in fighting climate change?