Session 1: Foundations of Climate Risk and Global Emissions

This session builds a foundational understanding of climate risk and introduces participants to its significance in corporate governance and strategy.

Understanding Climate Risk:

• Overview of climate science, focusing on how greenhouse gases contribute to global warming and physical climate risks.
• Overview of physical and transition risks and their financial implications.
• Exploring the link between climate change and business risks, including operational, financial, and reputational impacts and financial stability.

Global and Sectoral Emissions Trends:

• Analysis of historical and current emissions data, with a focus on key contributors.
• Understanding sector-specific risks and opportunities within financial services.

Introduction to Regulatory Frameworks:

• Key principles of climate-related regulatory expectations (e.g., TCFD, EU SFDR).
• The evolving importance of climate disclosure in corporate governance.

Case Studies and Group Discussion:

• Analysis of organizations effectively addressing climate risks through strategy and disclosures.
• Group exercise: Map emissions sources for a hypothetical organization and identify associated risks.

Session 2: Practical Tools for Climate Risk Integration in Financial Services

This session focuses on equipping participants with practical tools and frameworks for measuring, assessing, and reporting climate risks.

Navigating Regulatory Frameworks:

• Deep dive into TCFD and ISSB standards: Principles for disclosure on governance, strategy, risk management, and metrics. Connecting global standards to local GFSC requirements.
• Practical guidance on meeting both local and international compliance expectations.

Emissions Measurement and Risk Assessment:

• Tools for assessing Scope 1, 2, and 3 emissions in financial portfolios.
• Identifying climate-related risks and opportunities through data-driven methods.

Scenario Planning and Strategic Decision-Making:

• Applying scenario analysis to assess potential climate futures and business impacts.
• Developing mitigation strategies and aligning them with organizational objectives.

Interactive Exercise and Takeaways:

• Group activity: Develop a TCFD- and ISSB-aligned disclosure for a hypothetical regulated business.
• Templates and tools for emissions reporting, risk assessments, and regulatory disclosures to use post-course.

Schedule

Session 1 - 3hrs
Half Day Session 1

Session 2 - 3hrs
Half Day Session 2