The Heat is On: A CRO’s Perspective on Climate Change

Over the past few years we have witnessed a marked shift in the treatment of climate risk at financial institutions. From sitting within corporate social responsibility, climate change is now understood to pose significant financial risks for firms. Pressure for firms to embed climate considerations within their governance and risk management frameworks is mounting, as regulators, investors and consumers are becoming more aware of these risks. 

As firms start to develop the tools and techniques to manage the risks better, this webcast provides an ideal starting point to get acquainted with the key climate science considerations and the risks and opportunities these are generating for the financial sector.

Through this talk you will gain an understanding of:

• The key climate science, range of possible outcomes and sources of uncertainty;
• Physical and transition risks of climate change and how they relate to existing financial risk types; and
• How can investors and lenders make good use of well-established insurance models, tools and metrics to improve their management of some of the physical risks of climate change?

Speakers

William McDonnell, CRO, RSA

Moderator

Jo Paisley. Co-President, GARP Risk Institute