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Programme Team2023-10-31 09:00:552025-10-29 12:55:23How To Save Democracy: Rewriting the RulesThe Fossil Fuel Dilemma: To Exit or Engage?
Which strategy—engagement or divestment—proves most effective for phasing out fossil fuels and ensuring a just transition?
At COP28, world leaders declared the ‘Beginning of the End’ for fossil fuels, intensifying the spotlight on the risk of stranded assets. While 75% of investment firms engaged with high-emitting industries to drive sustainable transformation, a growing number of conscious investors leaned toward divestment. Which strategy—engagement or divestment—proves most effective for phasing out fossil fuels and ensuring a just transition? This session explored the rewards and risks of both approaches, highlighting concrete strategies that investors are currently employing to accelerate the transition.
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CATHERINE HOWARTH, OBE
Catherine Howarth OBE joined ShareAction as Chief Executive in 2008. She is a member of the Financial Conduct Authority’s advisory committee on ESG and the HM Treasury’s Asset Management Taskforce. Previously, she has served on the boards of The Pensions Trust and the Scott Trust, owner of The Guardian Media Group, and was recognised by the World Economic Forum as a Young Global Leader in 2014.
In 2020 she featured on the BBC Woman’s Hour Power List, and in 2022 was awarded an OBE for ‘services to sustainability’.
ShareAction is an NGO seeking to define and promote the highest standards of responsible investment by working with investors, businesses and individuals on environmental and social issues.

LAURA HILLIS
Laura is the Director, Climate and Environment at the Church of England Pensions Board. She has nearly fifteen years of experience in sustainable finance and investment, including working for Bank Australia and the Suncorp Group. Most recently was the Director of Corporate Engagement for the Investor Group on Climate Change, working with over 100+ institutional investors. She also served on the Global Steering Committee for Climate Action 100+. She is currently the Corporate Programme Co-Chair for the Institutional Investors Group on Climate Change.
Laura holds degrees from the University of Melbourne and Queensland University of Technology and is studying a Master of Sustainability Leadership at the University of Cambridge.

CHANDRA GOPINATHAN
Chandra Gopinathan is a senior responsible investment professional with more than two decades of experience across public and private markets in credit structuring and investing, portfolio management, sustainability, stewardship and credit research. Until recently, Chandra was a Senior Investment Manager at Railpen covering external managers, multi-asset credit and energy transition investing, and supporting climate strategy, stewardship, and solutions. Chandra is a member of the Technical Advisory Group at SBTI, has been the chair of the Asset Owner working group at the UK TPT, the co-chair of the bondholder stewardship initiative at IIGCC and has also served on the TPI steering committee. Prior to Railpen, Chandra has worked across the buy and sell side at Rogge/Allianz Global Investors and Morgan Stanley. Chandra has a Master’s degree from Columbia University and a CAIA designation.

DANA BARSKY
A senior sustainable finance executive, Ms. Barsky has over 20 years of corporate finance and sustainability experience. She is currently the Global Head of Sustainability Strategy and Net Zero for Standard Chartered Bank. Prior to Standard Chartered Bank, Ms. Barsky was the Global Head of Sustainable Finance at Credit Suisse and served as President of Growth for Good, a special purpose acquisition company focused on sustainable companies critical to the decarbonization of the global economy. In her various roles, she has mobilized capital for climate finance and has worked with multiple MDBs on blended finance transactions, sustainable issuances, and the creation of investment products that specifically mobilize capital to address climate change and support the needed transition to a net zero world. She currently serves on the Steering Group for Glasgow Financial Alliance for Net Zero and supports the World Bank’s Private Sector Investment Lab.

ITA KETTLEBOROUGH
Ita is the Director of the Energy Transitions Commission (ETC). The Energy Transitions Commission (ETC) is a global coalition of leaders from across the energy landscape committed to achieving net-zero emissions by mid-century, in line with the Paris climate objective of limiting global warming to well below 2°C and ideally to 1.5°C.
Together with the ETC Commissioners, Ita advocates for the technologies, investments and policies required to deliver climate commitments. Ita leads the ETC Secretariat provided by SYSTEMIQ.
She oversees the delivery of the ETC’s analytical, international, and communications programmes, whilst also supporting the ETC members.
Prior to this, Ita was a Manager at Bain & Company working with business executives to address strategic challenges in the UK, Europe, and the USA. Ita worked across industrial, consumer products and heavy transport sectors, in addition to advising central government and not-for-profit clients.
Ita worked as a policy advisor at the Department of Business, Energy and Industrial Strategy. Ita holds a Bachelor of Arts in Social Studies from Harvard University.
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