IFRS Climate Risk Amendments: Evolving Disclosure, Risk Management, and Risk Intelligence

Hugo oversees the strategic integration of environmental, social, and governance factors into the organization’s enterprise risk management framework. He leads the development of robust methodologies for the oversight, monitoring, and disclosure of ESG risks, with a specialized focus on climate-related risks.

With over 15 years of experience in risk management, Hugo has held several key leadership roles within the banking and insurance sectors. Throughout his career, he has been instrumental in elevating institutional standards and refining risk methodologies

Hugo is also a GARP member and FRM certified.

Karan Moorjani is a professional with over 15 years of experience in the banking sector and Big-4 consulting (Deloitte, KPMG, and EY). After spending seven years in risk management and compliance at a Canadian financial institution and six years in risk management advisory, he transitioned into sustainability consulting. He currently serves as Senior Team Lead, Climate Change and Sustainability Services at EY.

He leads sustainability advisory mandates for large-scale organizations. Karan specializes in analyzing and clarifying regulatory and normative disclosure requirements, defining disclosure positioning, and developing and implementing operational roadmaps. His expertise covers disclosure across the core pillars of governance, strategy, risk management, and metrics and targets.

Karan is bilingual and holds an MBA from HEC Montréal (with Honors), as well as several specialized certifications in sustainability, risk management, and internal audit. He is also a candidate for a Master of Management (M.M.) in Sustainability.

Deeply involved in his community, Karan serves as President of the Board of Directors for Fierté Montréal, a board member of Espace LGBT+, and Secretary of the Board for the Institute of Internal Auditors (IIA) Montréal.

Javinder Sidhu is a Director with the Office of the Superintendent of Financial Institutions (OSFI) Catastrophic Risk Division. Previously, he was the Director in OSFI’s Accounting Policy Division focused on the implementation of IFRS 9 and OSFI’s Pillar 3 disclosure requirements.

Javinder has been involved in the implementation of OSFI’s Guideline B-15 Climate Risk Management, specifically focusing on disclosure expectations for Federally Regulated Financial Institutions. Javinder has worked closely with internal and external stakeholders to address climate-related data gaps and building out OSFI’s Climate Risk regulatory data returns.

Oussama manages and leads the modernization of a broad portfolio of products, spanning trading, compliance, risk management, and capital markets operations, bringing both strategic vision and operational rigor to one of Canada's largest financial institutions.

He built his career advising and delivering transformation initiatives for Tier 1 banks, insurers, and pension funds. 

From program delivery, to product design, and business development for financial and risk solutions, he is responsible for enabling financial institutions meet market and regulatory requirements while collaborating with finance and risk professionals in their transformations.