ESG And Climate Risk Management

An ESG (Environmental, Social, and Governance) risk management programme allows companies to develop a business model that is tailored to identify, assess, and manage various environmental, social, and governance risks. ESG risk management training is crucial to help employees understand the importance of ESG risks and the role they play in mitigating these risks.

This one-day programme will provide participants with the knowledge they need to identify, assess, and mitigate ESG risks and to contribute to the company's overall ESG risk management efforts. Participants will also learn to identify strategies to deal with emerging climate risks and regulations.

Objectives:

• Examine the impact of climate-related trends on a business in the context of climate scenarios
• Explain the role financial institutions can play in the transition to a lower carbon
• Economy through ESG risk management
• Identify strategies for navigating emerging climate change risks and regulations

Outline:

• Introduction
• ESG risks and their significance
• Overview of the ESG risk management process
• Explanation of the role of employees in ESG risk management
• Understanding ESG Risks
• Environmental risks and their impact on organisations and the world
• Social risks and their impact on company's reputation, supply chain and stakeholder relationships
• Governance risks and their impact on company's operations and financial performance
• Understanding Climate Risks
• Overview of the various types of climate risks (e.g. physical, transitional, liability, reputational)
• Different sources and causes of climate risks
• Impact of climate change on various sectors and industries
• Identifying ESG Risks
• Overview of the ESG risk identification process
• How to identify internal and external ESG risks
• How to prioritise ESG risks based on impact and likelihood
• Assessment of Climate Risks
• Overview of the risk assessment process
• Explanation of how to identify and prioritise climate risks
• Tools and methodologies for conducting a comprehensive climate risk assessment
• Assessing ESG Risks
• The ESG risk assessment process
• Overview of financial, reputation, and legal risks associated with ESG risks
• How to determine the likelihood and timeline of ESG risks materialising
• Mitigating ESG Risks
• The ESG risk mitigation process
• Overview of risk mitigation strategies ie. reducing greenhouse gas emissions improving labour practices, enhancing corporate governance etc.
• How to monitor and regularly review the effectiveness of risk mitigation efforts.
• Reporting and Communicating ESG Risks
• The importance of reporting and communicating ESG risks to stakeholders
• The reporting and communication process
• How to effectively communicate ESG risks and progress to stakeholders, including investors, customers, and regulators