• CERAWeek
  • March 18 - 22, 2024

Martina Cheung

S&P Global

President, S&P Global Ratings

Martina L. Cheung is President of S&P Global Ratings. She has ultimate responsibility for all aspects of the business, including commercial, analytical, control, and operations functions. S&P Global Ratings is regulated in many of the countries in which it operates, and Martina is a director of three of its largest legal entities, S&P Global Ratings Europe Limited, S&P Global Ratings UK Limited and Standard & Poor’s Financial Services LLC. Ms. Cheung also serves as the Executive Sponsor of S&P Global Sustainable1, supporting to drive the enterprise-wide growth strategy for ESG. Ms. Cheung is a member of the Council on Foreign Relations, the Economic Club of New York, and served on the U.S. Commodity Futures Trading Commission’s (CFTC) subcommittee on Climate-Related Market Risk. Ms. Cheung has spoken on key industry topics covering ESG, cyber security, technology and diversity in the workforce across public forums that include the World Economic Forum at Davos, the Institute for International Finance membership meeting, and Politico Women Rule, among others. Ms. Cheung joined S&P Global in 2010 as Vice President of Operations and went on to serve as S&P Global’s Chief Strategy Officer, where she was responsible for the execution and measurement of S&P Global’s continuing expansion of its global footprint. She also served as Head of Risk Services in S&P Global Market Intelligence, where she leveraged S&P Global’s significant risk intellectual property to serve clients in managing complex risk challenges. She most recently served as President of S&P Global Market Intelligence and Ms. Cheung formally served on the Board of CRISIL. Ms. Cheung is the Executive Sponsor for the Asian Professionals for Excellence (APEX), and Women’s Initiative for Networking Success (WINS). She also has active involvement in other S&P Global ERGs including Women in Technology (WIT) and S&P Global's LGBTQ+ & Friends ERG (Spectrum). Ms. Cheung’s philanthropic efforts include support for organizations such as Upwardly Global and YWCA. Prior to joining S&P Global, she worked in the consulting industry, first in Accenture’s Financial Services Strategy group and later as a Partner at Mitchell Madison Consulting. She holds a bachelor’s degree in Commerce and a master’s degree in Business Studies from National University of Ireland, Galway.

Sessions With Martina Cheung

Monday, 6 March

  • 07:30pm - 09:00pm (CST) / 07/mar/2023 01:30 am - 07/mar/2023 03:00 am

    Is Sustainable Investing Accelerating the Energy Transition?

    Energy Transition/Climate & Sustainability
    Getting to net-zero greenhouse gas emissions will require trillions of dollars in investments. Fiscal policies, complemented by a broad range of regulatory and financial policies, will be necessary to enable this transition. The global financial industry can play an important role in financing the transition to a greener economy. After years of rapid and consistent growth, ESG investing faced new headwinds in 2022. A surge in sustainability-related funds and products has created suspicions about reporting, standards and greenwashing in many jurisdictions. In the United States, opposition to ESG concepts has driven certain Republican-controlled states to shift some investments and threaten more. At the same time, the oil and gas sector outperformed the market by a wide margin and energy was the only sector within the S&P 500 that generated a positive share price return in 2022. Consequently, there have been increasing questions about the ESG’s relevance amid changing market conditions and how funds will implement their commitments to invest “sustainably.” Is ESG investing suffering from growing pains or is the support wavering? In 2022, large money managers reduced their support for ESG-focused shareholder proposals and industry alliances? How will this impact energy transition investments? Will the focus on energy security and affordability accelerate investments in hydrocarbons and slow down investments in clean energies? How should funding for mitigation and adaptation be mobilized for emerging economies? What regulatory oversight do you support or recommend to prevent “greenwashing”?

Tuesday, 7 March

Wednesday, 8 March

  • 07:15am - 08:20am (CST) / 08/mar/2023 01:15 pm - 08/mar/2023 02:20 pm

    The Role of Private Capital in Funding the Energy Transition

    Finance & Investment/Trading & Risk Management/ESG
    While public market funds run by institutional investors have been shifting allocations toward cleantech companies, they are often hamstrung by a limited universe of pure-play cleantech equities and index-tracking methodologies that limit their ability to take longer-duration bets. The real action for energy transition investors to date has been in private equity, where funds can take duration risk and have overcome liquidity limitations by successfully raising historically large funds. The pace of private equity dealmaking, which slowed in early 2022, has accelerated sharply again for cleantech since the passage of the Inflation Reduction Act in the United States. How much of the pent-up private equity capital remains to be run through, and how will the even larger universe of public market investors gain access to these growing markets?
  • 07:30pm - 09:00pm (CST) / 09/mar/2023 01:30 am - 09/mar/2023 03:00 am