The Ahupua`a Investment Summit was an outcomes-oriented endeavor to develop an ESG and Impact Investment ecosystem on Maui that is replicable globally. In order to ensure that community concerns were authentically represented and that participants attended for the purpose of “doing the work,” there was no charge for attendance. However, space was limited.
Mahalo to all who attended this amazing gathering of community and ESG investing experts!
Talk Story: A Brief History of Investment in Hawaii
Keani Rawlins-Fernandez, Maui County Council
Dennis “Bumpy” Kanahele, Nation of Hawaii
Neil Hannahs, Hoʻokele Strategies LLC
The history of investment and speculation in Hawaii, in the context of the overthrow of the Hawaiian kingdom, cultural loss and resurgence, language, and geography.
Fireside Chat: Labor Unions & Institutional Investment
Kehaulani Filimoe`atu, Hawaiian Community Assets
Michael Perri, Lincoln Crow Strategies
In the mid-90s unions from both the public and private sectors began to engage in what are now called capital stewardship campaigns. The question that unions sought to answer was, “Can the long-term interests of workers be aligned with investors or must labor and capital be in opposition even in the use of labor’s capital?”
Panel Discussion: Ahupua`a Values and Examples of Kuleana Investment
Lance Collins, Attorney
Neil Hannahs, Hoʻokele Strategies LLC
Brandon Maka’awa’awa, Nation of Hawaii
Kili Namau’u, Pūnana Leo O Maui
Mary Spadaro, Slow Money
What can ESG/impact investors learn from the Hawaiian Ahupua‘a system of natural resource management and governance and the value of kuleana as a cross generational and holistic approach to fiduciary duty?
Pa`ina Building (Culinary Arts Center)
Participants will be assigned to lunch tables for specific facilitated topics to build on the momentum of the morning discussions and lead in to dynamic conversations at afternoon panels.
You will receive topics and table assignments at check-in Friday am.
Discussions about ESG and institutional investment often leave out the beneficiaries themselves. Pension fund beneficiaries will discuss their priorities when it comes to ESG models, and will recommend strategies for ongoing beneficiary engagement.
The twin crises of climate and inequality are nearly universally recognized as an existential threat to asset owners, investment managers and the beneficiaries they serve. How do investors navigate risks and opportunities in the allocation of assets to address both?
Working Group participants who have begun the process of analyzing and exploring specific ESG impact investment projects, which can serve as working models for applying Ahupua`a values, will present and discuss their initial findings, identified opportunities, points of leverage, potential challenges, recommendations, and next steps.
Water Governance and Finance:
Sam Akoi, Hana Aha Moku
Eva Blumenstein, Maui County
Lynn DeCoite, Hawaii State Legislature
Lucienne de Naie
Eric Glass, AllianceBernstein
Phil Glynn, Travois
Michael Kramer, Natural Investments
Ian Monroe, Etho Capital
Alexandra Pavlovskis, Arabesque S-Ray
Dr. Gitanjali Swamy, IoTask
Alohalani Smith, Aha Moku O Kaupo
Michael Willams, Maui Tomorrow
Eva Zlotnicka, ValueAct Capital
Electrification of Transportation:
Lauren Armstrong, Maui Metropolitan Planning Organization
Alex deRoode, County of Maui
Blossom Feteira, Hawaiian Community Assets
Gregg Kresge, Maui Electric Company
Zoltan Milaskey, Mana Energy
Katrina Niehaus, Goldman Sachs
Ben Prochazka, Electrification Coalition
Nicolette Van Der Lee, UH Maui College
Tina Wildberger, Hawaii State Legislature
Panel Discussion: Modeling of community/culturally sourced 3rd Party Metrics based on Ahupua`a values. How do we develop a transparent and clearly articulated engagement and standards enforcement framework based on Ahupua`a values that will address tendencies for impact washing while creating wealth (waiwai).
Exploring the development of alternative private market investment models for more fairly distributed rewards. Panelists will discuss ways in which private equity for example can be restructured to be better aligned with the needs and values of stakeholders and seek positive impacts through their own organizational operations.
Panel Discussion: What role will religious institutions, which have served as a catalyst for values based investing internationally have in growing the breadth and depth of ESG/impact investment? How does this role intersect with Hawaiian cultural and spiritual practices, which are serving as an ethical barometer and a force for change locally?