For years, EFFAS has had a strong position in developing standards for the reporting of extra-financials. With its Commission on Intellectual Capital (CIC) and its Commission on ESG (CESG) EFFAS not only has been instrumental in communicating the needs of investment professionals in capital markets to corporates but has also provided practical advise in the form of Key Performance Indicators and interactive data formats. Thus, EFFAS has helped to enhance the integration of extra-financials in classic investment methods.

EFFAS CESG has now joined a partnership with the Lab. CESG’s work on KPIs for ESG has been acknowledged by the Lab as an important cornerstone to Lab’s mission. In the past months EFFAS has supported the Lab with conducting focus groups with investment professionals and companies across Europe to deepen its understanding of the needs and requirements of investment professionals around non financial performance and to test the developing model.


Head of Responsible Investment at Edmond de Rothschild. He is a graduate of the Paris University II (business law and management) as well as the IEP in Paris (finance and economics). He started his career in 1993 in the financial engineering department at Crédit du Nord. He developed his career from 1997 to 1999 at the Alpha group before moving to the extra-financial agency ARESE as head of development. In 2003, he was a director at Innovest and from 2005, head of ESG research at Oddo Securities.

He is member of the ICGN, PRI, WICI and member of the board of the Forum pour l‘ Investissement Responsible (French Social Investment Forum). He has co-written three books on responsible investments, l’Investissement Socialement Responsable (2005), ISR et Finance Responsable (2014) and the Routledge Handbook of Responsible Investment (2015).

Managing Director, Global Client Group at DWS, working in institutional distribution for German corporate clients and coordinates the ESG activities for the German institutional business on the distribution side. Frank started his the Asset management Area of Deutsche Bank AG, and gained after that 11 years experience at Sal. Oppenheim Kapitalanlagegesellschaft before joining DWS (formerly Deutsche Asset Management) in 2007 as Global Head of Product Management for the institutional business.

Since 2015 he has been a member of the International Integrated Reporting Council (IIRC).


Sonia is an ESG Specialist, member of the Investment Strategy Team at Fideuram Asset Management. She has a bachelor’s degree from Università di Torino, majoring in Economics and Business, and holds the CIIA, CESGA and CEFA. She is a member of the AIAF’s Sustainability and ESG Observatory in which she collaborates on various working tables, the main ones relate to the study and deepening of topics such as: Small Medium Enterprises (SMEs) and sustainability; ESG integration in Funds’ investment process and; ESG integration in the Equity’s financial analysis. Among the latest publications are EU Energy in Transition: Frameworks and Ambitions (2021), published in the Encyclopaedia of the UN Sustainable Development Goals, Springer.

Alexander Bassen is a full professor of capital markets and management at the University of Hamburg, Faculty of Business, Economics and Social Science (Germany). Alexander is member of the German Council for Sustainable Development – advisory body of the German Federal Government, member of the UN PRI Academic Network Advisory Council, Honorary Research Associate, Smith School of Enterprise and the Environment (University of Oxford).

Global Director of Sustainability at ACCIONA. Jose Luis holds a degree in Chemistry from Universidad Complutense of Madrid and an MBA from IE (Instituto de Empresa) and counts with over 20 years of experience in the management, development and independent review of business responsibilities.

He is a member of Technical Expert Group on Sustainable Finance of the European Commission. Likewise, José Luis combines his professional work with teaching in a number of different universities and is internationally recognised as one of the greatest experts in the field of sustainability. He is also director of the training program for ESG financial Analysts -in corporate governance, social and environmental matters at IEAF in Spain.

Previously, during his extensive career, he has held positions of responsibility in different companies. He joined KPMG in 2003 and became named partner in 2008. Previously, he was Director in the Central Department of the Red Cross, Internal Auditor of the National Westminster Bank and Director of the NatWest Spain, Teneo and Entorno Foundations.

Head of Discretionary Portfolio Management and Head of SRI & Impact Investing. He has more than twenty years of experience in investment analysis, financial products, and corporate finance, working for international banks like Espirito Santo Investments, Fortis Bank Investments and BNP Paribas Wealth Management.

He holds a Ph.D. in Business Administration and Economics and is author of several articles and books and teaches at several Universities like Complutense, Carlos III and Francisco de Vitoria in Spain.

Dr. Daniela Carosio, Senior Partner and founder of Sustainable Value Investors, ESG service provider signatory of the UN PRI, is an investment professional and Certified Financial Analyst with over 30 years of professional experience in financial markets at Mediobanca (M&A and Investment Banking), the Italian Stock Exchange (C FO advisor), Standard & Poor’s (member of the London Governance Assessment) and in syndicated loans and bonds at Bank Austria (Vienna). More recently, Head of Research, Prox y Voting and Engagement of Etica SGR and Institutional Relations Dire ctor of ECPI (Italy). Daniela is Board Member of the Network for Sustainable Financial Markets Next Gen, member of the Ethics and Systemic Risk Committee of International Corporate Governance Network (ICGN) and the EFFAS ESG Commission.
ESG Sustainability and Legality Consultant since 2000. Expert in Circular Economy and Sustainable Development for CamCom in Milan. AIAF member. Adjunct professor at the University of Bologna since 2004.

Senior Fund Manager at DWS Group. He co-leads the ESG activities of the DWS Multi Asset & Solutions Group. He is portfolio manager of several top-rated ESG Multi Asset funds. He joined Deutsche Bank in 1997 and DWS as a global equity portfolio manager in 2005. Since then he contributes to the firm’s ESG efforts and spearheaded several achievements for mainstreaming ESG aspects. Gunnar co-leads the German DVFA Commission on Sustainable Investing.

Gunnar has researched his PhD-Thesis with the University of Hamburg (2014-2019) on the relation of ESG-factors and financial performance. The study “ESG and financial performance: aggregated evidence from more than 2000 empirical studies” is widely reflected by investors, media, academia, and policy makers.

Hendrik leads Sustainalytics’ global Rating Products and Thematic Research team and has been responsible for the development and management of the company’s flagship rating product, the ESG Risk Ratings, and its Corporate Governance Rating. Previous to Sustainalytics, he worked as a sell-side equity analyst/strategist at WestLB for more than 15 years.

Prior affiliations include serving on Project Delphi’s technical working group, the advisory committee for the STOXX ESG index family, and the PRI working group on ESG integration. Hendrik was also involved in the development of the German Sustainability Code. In the EXTEL/IRRI Survey 2014, Hendrik received a No. 2 ranking in the “Best SRI Analyst” category. He co-authored a research report that won the Farsight Award 2017. Hendrik holds a PhD in Finance and has co-authored a book on Portfolio Management.

Since 1996, Mr. Mostboeck has been Head of Group Research and Chief Analyst of Erste Group Bank AG. Here, he is in charge of macroeconomic, fixed income and equity research in Poland, the Czech Republic, Slovakia, Hungary, Croatia, Serbia, Romania, Turkey and Austria and responsible for the definition of the global investment strategy, which basically provides input for the asset allocation of Erste Group.

Chairman of the ÖVFA (Austrian Association for Financial Analysis and Asset Management) and Deputy Chair of EFFAS (The European Federation of Financial Analysts Societies)

He is a member of the Austrian Working Committee for Corporate Governance and of the Austrian Financial Reporting and Auditing Committee.

René Nicolodi is the Head of Equities & Themes and Deputy head of Asset Management at Swisscanto Invest by Zürcher Kantonalbank. René received his Ph.D. from the University of Zurich, and since 2009 has been a Chartered Alternative Investment Analyst (CAIA). In addition to his role at ZKB, René is a lecturer at the University of Applied Sciences for Business Administration Zurich (HWZ), the University of Zurich and the Swiss Training Centre for Investment Professionals (AZEK) and the International Management Institute in Kiev. René is a member of the ESG Commission of the European Federation of Financial Analysts Societies (EFFAS) and is a board member at Swiss Sustainable Finance (SSF).

Ramón Pueyo is the Head of both Sustainability Services and Corporate Governance and Family Business of KPMG in Spain. Ramón has more than seventeen years’ experience in Corporate Governance and Corporate Social Responsibility. His main areas of focus have been corporate governance, ethics and integrity, sustainability and non-financial issues in financial markets and investment decisions. Before joining KPMG in 2005 he worked for six years for the research institution providing ESG research on Spanish companies to the FTSE4GOOD Index

Mr. Westring is Senior Portfolio Manager based in Stockholm for the Traditional Insurance and Temporary managed funds at the “Swedish Pension Agency”. His wide-ranging experience in ESG has been consolidated in several positions: as Vice Chairman/Sustainable Manager Strategic development of Zmartic Fonder AB, Chief Investment Officer and Portfolio Manager at Strand Kapitalförvaltning AB and Senior Portfolio Manager at Nordea Bank AB, Private Banking.