Identifying and Managing the Financial Risks of Climate Change

Develop your understanding of how climate change translates into financial risk as sessions explore updated global regulations, methodologies, and data management approaches

This course will provide participants with an extensive insight into climate change risk from a financial services perspective, including the challenges, trends and opportunities present for financial institutions to drive improvement and manage the risk of climate change.

Working with subject matter experts, this up-to-date agenda features interactive discussions on the coordination of ESG and climate change, as well the methodologies and strategies, including updates on the PACTA methodology and the Net-Zero approach. 

Sessions will dive into the current global regulatory guidelines and frameworks, exploring the guiding principles of TCFD and the recommendations. Additionally, there is some focus on data management and using qualitative vs quantitative, as well as financial vs non-financial methods for calculating and managing climate change risk.

This course will allow participants to build on their existing knowledge as well as explore different perspectives, such as lessons learnt and potential solutions from the insurance industry. 
 

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What will you learn?
  • Understanding the role in promoting climate practices and why it is so important

  • Understanding the types of data and data management required, both qualitative and quantitative

  • A comprehensive overview on current regulatory standards, and the global setting

  • Updates on the PACTA methodology and Net Zero targets

  • Embedding climate change risk management into existing frameworks

  • The differences in climate risk stress testing and development of climate scenario analysis

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Sessions include
  • Climate change risk management

  • Climate alignment 

  • Climate change risk: meeting emerging regulatory expectations

  • Disclosure, reporting and governance frameworks

  • Climate change risk models and methodologies

  • Incorporating climate change risk strategies

  • Data management for climate change risk

  • Climate scenario analysis and stress testing

Pricing options

We offer flexible pricing options for this course:

  • Early bird rates - save up to $500

  • Group booking rate - save over $1500

  • Subscribe to receive Risk Training updates and avoid missing out on additional savings

Zeeshan Rashid

Global head of climate change advisory, BFSI Industry Advisory Group

Tata Consultancy Services Ltd.

Alessia Falsarone

SASB FSA, Managing Director

PineBridge Investments

Alessia Falsarone is Managing Director, Portfolio Strategy and Risk, Head of Sustainable Investing DMFI at PineBridge Investments, a global asset manager based in New York. Prior to joining the firm’s predecessor entity, AIG Investments, in 2007, Alessia spent over a decade in investment and banking roles at Citigroup and Credit Suisse in Europe, the US and Asia.

A fellow of the Aspen Institute’s Business and Society Program, she is an advisor to the London Stock Exchange Green Segment with focus on financial markets’ participation in building environmental resilience and promoting climate risk practices. Alessia is an alumna of Stanford University and the MIT Sloan School of Business.

Randeep Singh Buttar

compliance as a service ltd/HSBC

Founder of compliance as a service ltd/interim climate risk data lead

Randeep Buttar is the founder of Compliance as a Service. A RegTech company specialising in compliance technology. Randeep has over 15 years’ experience delivering service, people, process, data and technology capabilities across multiple sectors. He has held senior change leadership posts across multiple sectors including financial services, legal, oil and energy. He has led regulatory initiatives for market leading firms including Euroclear, Deutsche Bank, Linklaters and BP.

He was responsible for group-wide BCBS 239 (Risk Data Aggregation and Risk Reporting) compliance at HSBC and is now responsible for data management and data controls for the Basel 3 reforms. As a founder, Randeep is a motivated advocate of enhanced RegTech solutions and encourages an ecosystem which aims to bring the regulated and the regulators closer together.

Randeep is also the Deputy Chair for the Chartered Institute of Securities and Investments Fintech Committee.

Viresh Tailor

Director

Baringa Partners

David Carlin

TCFD & climate risk program lead

UNEP FI

Federica de Vincenzi

Head of Scenario Expansion, RST and Climate Risk Validation

Barclays

Federica joined Barclays in 2017 as Lead Developer for Stress Testing on the Retail portfolio after eight years spent in financial services across Italy and UK and a double Master in Economics and Finance.

In 2019 she transitioned to the validation space where was appointed Head of Scenario Expansion and Reverse Stress; thanks to this role she gained great insight of large model frameworks critical for the Bank as well as exposure to Senior stakeholders.

In 2021 her scope expanded to the validation of Climate risk models used for regulatory Stress Test or adopted to monitor Barclays carbon emissions as part of the 2050 net-zero commitment.

Being keen on transformative processes, she is leading an initiative that brings together all the skills – consolidating academia and business practices – to formulate responses to challenges arising from the evolution of climate risk management and modelling.

As a well-being advocate, she cultivates a number of passions among which, reading, travelling, art and running.

James Belmont

Director

Baringa Partners

James is an accomplished financial services risk and treasury practitioner with over 20 years’ experience of building tools and processes, and using them to motivate balance sheet and risk profile changes.  He led Risk Analytics, Credit Portfolio Risk Management and Liquidity Modelling teams in a major UK bank, before joining Baringa Partners to lead their Risk Advisory practice.  James now works with a wide range of FS clients to support them in understanding and delivering strategic change to their risk management capabilities.  Bringing together Baringa’s Energy and FS capabilities, James has increasingly worked with UK banks and insurers to support them in building climate change risk management capabilities.

Paul Burnett

Independent Risk Consultant

Paul is a Risk Management specialist with almost  20 years investment banking experience, including most recently as the Global Head of Traded Risk Analytics at HSBC. In this role, Paul was responsible for and had oversight over the Traded Risk and Stress Testing models used by the firm. More recently, Paul has been focussing on Sustainability and Climate Risk and the corresponding implications this has on finance and risk management.

In a time before risk management, Paul would have been labelled a physicist, having received a DPhil specialising in the behaviour of dense, low temperature plasmas.

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  • Technical content compressed into 60-minute interactive sessions and spread out over two, three or four days

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