Program

Risk & opportunity management

Identifying, quantifying, and addressing both risks and opportunities related to sustainability is imperative in the current and future state of the world for any organisation which would like to remain resilient and prosperous.

This lecture will draw upon both new and upcoming relevant EU legislation (EU Taxonomy Regulation, Corporate Sustainability Due Diligence Directive, Carbon Border Adjustment Mechanism etc) as well as internationally recognized frameworks (Task Force on Climate-related Financial Disclosures (TCFD), Science Based Targets Initiative (SBTi), Principles for Responsible Banking etc). This will provide the means to address sustainability risks and opportunities as follows:

1) Defining sustainability risks. Risk drivers (physical, social and transitional risks), potential impacts and financial implications.

2) Quantifying sustainability risks. Quantitative and qualitative indicators, metrics and methods to assess sustainability risks (including climate change vulnerability and risk assessment).

3) Managing sustainability risks. Embedding ESG risks into governance and risk management of organisations.

4) Identifying sustainability opportunities.  New market opportunities, Development of new products and services, New and alternative resource production and consumption.

Key take-away:

• Being able to identify and understand the impacts of physical, social and transitional sustainability risks. 
• Being able to quantify sustainability risks, and embedding them in strategies, plans and overall decision making, following best practice.
• Being able to identify key sustainability opportunities and understanding how to pursue them further.