Achieving a net-zero carbon footprint is an enormous task for every firm. Understanding the challenges of sustainability, ESG and risk management is key to any expert or manager!
15 reasons why gaining this know-how is crucial.
- Everybody is talking about Sustainable Finance. Can you too?
- Investors and other stakeholders inquire about the sustainability of your business. What do you answer?
- Learn how the physical and transitional risks of climate change transmit into your organization.
- Hazards, exposures, and vulnerabilities – experience what these terms mean for your firm!
- Understand how your enterprise risk management (ERM) may incorporate climate change and other ESG-related risks.
- Implement climate scenario analysis in your organization in an efficient and effective way, and benefit from your findings.
- Discover how green financial markets and sustainability-linked instruments work in practice.
- Hear about the Paris Climate Agreement and the Sustainable Development Goals, and how they affect your business strategy, business model, and governance.
- Be aware of current regulatory initiatives such as the EU taxonomy and the Corporate Sustainable Reporting Directive, and how these regulations impact your organization.
- Improve your knowledge on ESG (environment, social, governance) matters, and understand how ESG should be implemented in your organization.
- Study the scientific basis of climate change for using it in your arguments on implementation matters.
- Identify the crucial key performance indicators (KPI) that explain the sustainability of your organization to internal and external stakeholders.
- Know how to disclose comprehensive and comparable information on your sustainability.
- Stay in front of the herd with learning about the upcoming regulatory initiatives on sustainability not only on climate risk but also on social and governance risk.
- Develop stress tests to better assess and manage exposures to ESG risks in your organization.
The course and the learning outcome
This 2-day course is designed to provide a starting point to sustainability and ESG risks, always paired with practical case studies on the concepts. You will get hands-on experience on ESG risk management which will benefit you in your day-to-day business, as the role of sustainability managers becomes more and more prominent in corporate life.
The political goals are set, namely the UN Agenda 2030 on Sustainable Development Goals and the Paris Agreement on Climate. Now it is up to regulators and market participants to define concrete strategies and policies for the implementation at the firm level
The practical challenges lie in the complexity of sustainable development. Environmental (E), Social (S), and Governance (G) matter impact firms not only in a single area but often on a global basis. Special managerial skills are required for the overall understanding of ESG risks, and for their measurement and management to the benefit of the firm but also the wider society
- The course starts with an introduction to ESG and in particular climate change from a scientific perspective.
- It then moves on to the key features of sustainability, explains the UN Sustainable Development Goals (SDG), and shows how they are incorporated into investment guidelines and corporate risk frameworks.
- The third part analyses in detail how ESG risks are translated into financial risks and discusses examples of how hazards/drivers, exposures, and vulnerability interact to manifest transition and physical risks.
- Next, the course takes a holistic perspective on ESG risks in the context of public policy, corporate culture, and governance for promoting green finance.
- Markets and financial instruments for green finance are the core of part five. The Green Bond Principles for investment decision-making are explained as well as the EU taxonomy.
- Measurement and management of ESG risks are among the most urgent challenges for sustainable development.
- Approaches to measuring climate-related risks are identified and available metrics and tools are presented. The masterpiece of the course is reached when, finally, climate models, scenario analysis, and stress tests are explained.
Basic ESG and financial understanding is helpful, but not a precondition. You gain the most from this course if you require a compact introduction to ESG and sustainability to introduce and support corporate decision-making along with sustainability guidelines.
Practice-based learning and critical engagement is a key theme through all our courses allowing delegates to acquire the needed skills and techniques to be applied as soon as they are learned and developed.