Transition Risk Masterclass (Part Two): Overcoming Practical Risk Modelling Challenges

In the second webcast in our two-part Transition Risk Masterclass, we will be joined by an expert panel who will share their experience measuring the future climate risks of their firms’ portfolios. 

The Bank of England’s Climate Biennial Exploratory Scenario (CBES) exercise was launched in June 2021. The focus of the exercise was to examine the vulnerability of the participating firms’ current business models to future climate-policy pathways and varying degrees of global warming. 

The CBES exercise covered major UK banks and insurance companies, and three of the participating banks will join us to share their valuable knowledge of the issues they encountered and their thoughts for dealing with them.

We will learn about how firms developed methods for measuring transition risk:

• Including approaches for dealing with data challenges,
• Methods that were used for projecting over long time horizons,
• Lessons learnt and how the modelling can be improved.

Speakers

Samuel Lucas, CFA, Vice President, Climate Risk Management, Barclays

Chithra Namboodiri, Head of ESG & Climate Risk Analytics, HSBC

Ashish Sharma, Executive Director of Climate and Credit Risk Management, Standard Chartered Bank

Billy Suid, CFA, Head of Climate Risk, Barclays

Dr. Maxine Nelson, Senior Vice President, GARP Risk Institute