Climate & Nature Risk: An Interactive Scenario Game

Julie Baddeley is one of the U.K.’s most experienced women directors having served in an executive and non-executive capacity on the boards of leading companies in the FTSE 100 and 250 indices, as well as major public sector organizations.

In 2001 she moved to a portfolio career and has served as a director across a range of sectors including consumer, retail, financial services, professional services and global industrial. She was chairman of global recruitment company Harvey Nash plc until its sale in 2018.

At the Said Business School, Julie coached top business teams from around the world on the execution of business strategy, having previously been the partner in charge of Accenture’s change management practice in Europe. She was Executive Director at Woolwich plc responsible for HR, IT and the insurance businesses.

Julie is active in raising the awareness of boards of U.K. quoted companies on the impact of climate change on their business models and balance sheets as well as the impact they are having on the global climate. She is Director of the Hughes Hall Centre for Climate Change Engagement, which aims to bring Cambridge University thinking on climate science, law, regulation, risk and communication into the boardroom.

Tim Smith is the Climate Change Lead in Environmental Initiatives at NBIM. He previously worked at Lazard Asset Management where he was an SVP Climate Change Research. Tim has a mixed background of climate and equity markets spending 11 years in JP Morgan’s equities business. He is a CFA charter holder and has a master’s degree in Climate Change Finance and Investment from Edinburgh.

A reinsurance specialist with over 35 years' experience in the sector, handling disputes (including several current arbitrations) and drafting and advising on (re)insurance wordings. Other areas of expertise include global insurance programmes and financial interest clauses.

Co-leading the firm’s Resilience and Climate Risk practice. Exploring climate-related legal duties and potential liability, and their impact on insurance and other sectors of the world economy. Also investigating litigation risks posed by biodiversity loss, chemical pollution and freshwater shortage. And looking at opportunities for insurers to play a role in increasing global resilience and delivering the 2015 UN sustainable development goals, including through innovative uses of parametric insurance.

Practice at Clyde & Co, a leading global law firm with 480 partners, 2400 lawyers, 3200 legal professionals, 5000 people globally. The firm specialises in the sectors that underpin global trade and commercial activity, namely: insurance, transport, construction, energy, trade and commodities.

Simon is the Co-CEO of NatureFinance. He is also a Senior Advisor to the Task Force on Nature Related Financial Disclosure. He was Head of the UN Secretary General’s Task Force on Digital Financing of the Sustainable Development Goals, Senior Advisor on Finance and Co-Director of UNEP’s Finance Inquiry. He co-Chaired China’s Green Finance Task Force and led the Green Finance Study Group secretariat under the Chinese, German and Argentinian G20 Presidencies. Previously, Simon has served as Senior Advisor to the World Economic Forum and the Global Green Growth Institute. He was founder and CEO of AccountAbility and Development Director of the New Economics Foundation. He has been a lecturer and professor at various management and business schools around the world, written and published extensively, including the award-winning book, The Civil Corporation.

Jo has worked on a variety of risk areas at GRI, including stress testing, operational resilience, model risk management, and climate and environmental risk. Jo’s career began at the Bank of England where she worked in various economist roles, ran the Statistics Division, and spent the last part of her career in supervision. Her last role was as a Director of the Supervisory Risk Specialist Division within the Prudential Regulation Authority. This area provided deep technical risk expertise to front line supervisors across all risk disciplines, covering banking and insurance. She was also heavily involved in the design and execution of the U.K.’s first concurrent stress test in 2014.

Jo left the Bank in 2015 and joined HSBC as their Global Head of Stress Testing, where she was responsible for ensuring that they met all their regulatory stress testing requirements around the world. She has also worked as an independent stress testing consultant, advising firms on how to get the most value out of stress testing. Jo studied Philosophy, Politics, and Economics at Magdalen College, Oxford, before completing her MPhil in Economics at Nuffield College, Oxford.