Climate Risk within the Financial Services Industry
Learn how to recognise, analyse, manage, and report on climate risk in the financial sector.
21-22 Oct 2021
- Why You Should Attend
Climate Risk within the Financial Services Industry
To ensure we meet your expectations and maximise your return on training investment, we favour a classroom/workshop style set
Climate change is emerging as a major corporate and financial issue. Climate change is not a ‘future problem’ anymore. Global climate change has already had observable effects on the environment. Effects that scientists had predicted in the past would result from global climate change are now occurring: loss of sea ice, accelerated sea level rise and longer, more intense heat waves.
Climate change creates risks in four different ways: regulatory risks (such as new legislation or carbon pricing), physical risks (such as extreme weather events or loss of productivity), technological risks (such as electric vehicles or renewable energy), and social risk (such as the anti-coal coalition). These risks extend to supply chains (upstream) as well as market changes (downstream).
Investors and regulators, such as central banks, are taking notice. They believe that climate change presents a new systemic risk that is not yet fully understood. They are therefore pressing for more transparency through the recommendations of the Task Force on Climate Related Financial Disclosures (TCFD). Financial institutions therefore must develop an understanding of what climate change means to them, which actions they can take, and how they can report on their activities.
Participants will learn about climate trends, current policy responses, how climatechange impacts portfolios, how to close the data gap, work through case studies, learn how to quantify climate risk, and apply the Climate Risk Hazard/Impact Matrix to your own institution.
About your expert trainer:
Gerhard’s career in climate finance has spanned both the public and private sector, having worked in consulting in Washington DC, environmental markets on Wall Street, and for the Dutch government (Netherlands Enterprise Agency) to implement the Kyoto Protocol. In 2005 he set up the climate finance desk at ABN AMRO Bank and positioned the bank as one of the first global banks in the carbon market. In 2010 he joined Rabobank International to develop an electronic trading platform for environmental commodities such as carbon credits and renewable energy certificates. In 2010 he switched back to the public sector and joined a leading non-profit (IUCN) in the Netherlands. At IUCN he advised the Netherlands government on developing financial instruments to attract private sector climate finance.
Stephanie Gnissios’ background is in heavy industry, working on both the consulting and owner/operator side. Her experience spans international project planning & delivery, portfolio management, and investment assessment. Since 2018, she has been focused on helping companies incorporate social, environmental, and climate impact factors into strategic decision-making and risk management. Stephanie completed the Oxford Impact Measurement Programme in 2019 and will complete her Executive MBA at Oxford University in 2020; she studied Mechanical Engineering at the University of British Columbia in Canada. She is a licensed Professional Engineer and certified Professional Project Manager.
Gerhard and Stephanie co-founded Climate Risk Services (CRS) together with a non-profit, Climate Adaptation Services (a spin-out from the Dutch government). CRS combines climate data, financial knowledge, risk management, and sector expertise to offer climate risk services to a wide range of public and private sector organizations. Some of their financial sector clients include leading banks, institutional investors, and Sovereign Wealth Funds.
Who should attend?
· Risk Managers
· Investor Relations
· Environmental, Social, and Governance Managers
· Strategy Managers
· Climate and Catastrophe Modellers
· Corporate Social Responsibility Managers
· Members of Supervisory Boards
- Key Topics
- Understanding of the “impact chains” of climate change on individual assets, portfolios and markets
- Understand the link between climate impacts and financial performance
- Gain insight on current policy responses and develop scenarios for future responses
- Learn how to compare different TCFD reports from similar companies in the same sector
- Why Choose GFMI marcus evans?
marcus evans specialises in the research and development of strategic events for senior business executives. From our international network of 63 offices, marcus evans produces over 1000 event days a year on strategic issues in corporate finance, telecommunications, technology, health, transportation, capital markets, human resources and business improvement.
Above all, marcus evans provides clients with business information and knowledge which enables them to sustain a valuable competitive advantage and makes a positive contribution to their success.
- Voice of Our Customers
- “The use of online mini-games and simulations was very engaging. I have enjoyed the interaction with the rest of the learners in the sessions” European Central Bank
- “The practical approach solidified my understanding of the topic, well structured course” ING Bank
- “Clear instructions and passionate delivery. Very open to answering questions and made everyone fell at ease” RBS
- “Fun, informative, thought provoking” Lloyds TSB
- Join the Discussion
- Event Contact
For all enquiries regarding speaking, sponsoring and attending this conference contact:
101 Finsbury Pavement, London, EC2A 1RS
Telephone: 0044 203 002 3172