A lot of firms are starting to grapple with the reality of needing to put in place their climate related risk frameworks and embed them into their business. It is tempting to treat the project as one of regulatory compliance but there is rapidly becoming a point of difference, with customers and staff asking companies what their ambition is across a much wider range of dimensions.

This session offers some practical insights into how you can articulate your ambition and then engage and mobilise your organisation to ensure that you not only meet the requirements set out by the regulators (including Supervisory Statement 3/19) but do so in a manner that sets you on the path to delivering your overall ambition. In particular, we will provide insights on how to frame the approach to managing climate related risk by considering the impact of climate change on your organisation through four key lenses:

• The financial risks posed by climate change;
• Alignment of investments and product offerings with your climate ambition;
• Driving influence through supplier management; and
• Assessing the carbon footprint of your operations.

In addition to the above, this session will provide an in-depth consideration of the assessment of financial risks posed by climate change to an organisation, including providing practical steps for quantifying the risk and how to embed this within traditional risk management approaches.