In April 2019, the Bank of England released its supervisory statement for banks and insurers outlining the financial risks from climate change and the strategic approach needed to manage these risks. The guidance has forced institutions to consider their initial plans for putting frameworks in place, as well as nominating senior individuals who will be climate-responsible.

Risk training’s course will provide attendees with the skills to develop appropriate strategies to manage the financial risks from climate change.

What will you learn?

Incorporating the financial risk of climate change into your risk management framework
The use of scenario analysis and stress testing to forecast the impact for your institution
Gathering suitable data to model the effects of this emerging risk
Guidelines on disclosures, reporting & governance of climate-related financial risks
How to establish a strategic approach to manage the financial risks of climate change

Who should attend?

Relevant departments may include but are not limited to:

Climate change risk
Financial risk
Sustainability
Reputational risk
Credit risk

Sessions include

Climate change risk (CCR) management
Climate scenario analysis/stress testing
Data management
Disclosures, reporting and governance
Introduction to Political and Geopolitical Risks
Political and Geopolitical Risk Analysis
Data and service providers and industry
Political Risks and Geopolitics within financial institutions