Welcome by Paul Sizeland
Innovation in Climate Change Financial Products and Services
Indices: Carbon, Biodiversity
Joaquim de Lima
Professor Michael Mainelli
Nick Robins is Head of the Climate Change Centre of Excellence at HSBC in London. Since joining HSBC, Nick has co-authored research on long-term energy prospects (Energy in 2050), the investment opportunities in low-carbon growth through to 2020 (Sizing the climate economy, September 2010), and the links between climate change and fiscal stimulus (Building a green recovery, May 2009). In the 2010 and 2011 Thomson Extel awards for Pan-European investment research, HSBC was rated the #1 firm for integrated climate change and renewable energy, and in 2011, Nick was ranked #1 analyst for climate change.
Nick has more than 20 years experience in the policy, business and investment implications of sustainable development and corporate responsibility. In 1990, he authored Managing the Environment: the Greening of European Business (translated as L’imperatif ecologique, Calmann-Levy, 1992). Nick is also author of The Corporation that Changed the World: How the East India Company Shaped the Modern Multinational (2006) as well as co-editor of Sustainable Investing: the Art of Long-Term Performance (2008). He co-chairs the UNEP Finance Initiative’s Climate Change Working Group, and is a member of BT’s CSR Leadership Panel as well as GE’s Corporate Citizenship Panel.
Before joining HSBC, Nick was head of SRI funds at Henderson Global Investors. He has also worked for the International Institute for Environment and Development, the Business Council for Sustainable Development, the European Commission and the Economist Intelligence Unit. He has a BA in History (First Class) from Cambridge University and an MSc in International Relations (with Distinction) from the London School of Economics.
Alderman Professor Michael Mainelli is Emeritus Mercers' School Memorial Professor of Commerce at Gresham College, having held the chair from 2005 to 2009. His first degree was in Government from Harvard, followed by mathematics and engineering studies at Trinity College Dublin and a PhD from the London School of Economics in chaotic systems, where he was also a Visiting Professor.
Professor Mainelli is Executive Chairman of Z/Yen, the City of London’s leading commercial think-tank and venture firm, which he co-founded in 1994 to promote societal advance through better finance and technology. A qualified accountant (FCCA), securities professional (FCSI), computer specialist (FBCS) and management consultant (FIC), Michael began his career as a research scientist in aerospace (rockets) and computing (architecture & mapping). He later became a senior partner with accountants BDO Binder Hamlyn directing global consulting projects. During the 1990s he worked for the UK Ministry of Defence as Corporate Development Director for Europe’s then largest R&D firm, the Defence Evaluation & Research Agency leading to two privatisations. Career highlights include directing Z/Yen’s Long Finance initiative with Gresham College and the City of London Corporation asking “when would we know our financial system is working?” as well as creating the Global Financial Centres Index, Global Intellectual Property Index, London Accord and Farsight Award. Michael also conceived and produced the first complete digital map of the world in 1983, Mundocart (a 1980’s Google Earth), and the $20 million Geodat consortium cartography project.
Michael is non-executive Director of the United Kingdom Accreditation Service (UK’s national body for standards and laboratories), AIM-listed Sirius Minerals plc (potash mining), AIM-listed Wishbone Gold Plc; Alderman for Broad Street Ward (elected) at the City of London Corporation; Almoner for Christ’s Hospital School; Trustee of International Fund for Animal Welfare. Michael has held numerous advisory posts, for example with Hitachi UK, City University and HM Treasury. Michael won a 1996 UK Foresight Challenge award for the Financial Laboratory, 2003 UK Smart Award for prediction software, 2005 British Computer Society Director of the Year, 2011 Technology Strategy Board Challenge Award for financial avatars, and was awarded Gentiluomo of the Associazione Cavalieri di San Silvestro in 2011. Michael is a Liveryman, Worshipful Company of World Traders, Freeman, Watermen & Lightermen, and represents the Financial Services Group of Livery Companies.
Michael has published over 40 journal articles, 150 commercial articles and four books. Michael’s humorous risk/reward management novel, Clean Business Cuisine: Now and Z/Yen, written with Ian Harris, was a Sunday Times Book of the Week in 2000; Accountancy Age described it as “surprisingly funny considering it is written by a couple of accountants”. Their third co-authored book, The Price of Fish: A New Approach to Wicked Economics and Better Decisions, based on his Gresham lectures, won the 2012 Independent Publisher Book Awards Finance, Investment & Economics Gold Prize. Michael plays bagpipes, loves skiing and sailing and, with his wife, Elisabeth, he races and restores the 1923 Thames Sailing Barge Lady Daphne and sits on the world’s oldest sailing racing body, the Thames Match Committee. With an international family, Michael speaks English, German, French and Italian poorly, but even worse Spanish and Chinese.
To access all of Professor Mainelli's previous Gresham College lectures, please click here.