Climate & Sustainability Risks for Financial Institutions
Establish solid understanding and end-to-end perspective on the impact of Climate Change & Sustainability and ESG on Financial Institutions, their portfolios and customers. Subscribe for this pre-recorded training and at your preferred time and pace expand your knowledge on how to deal with climate & Sustainability & ESG risks in an efficient and effective manner.
Presented by:
Peter Plochan, GLOBAL PRMIA RISK TRAINER
Session Length:
10 lessons, 5.5 Hours
Course Launch: January 1, 2025
Time:
Self-paced
90-day access
| About This Course |
|
| The last couple of years were the hottest in modern history. The attention to climate change & sustainability & ESG and the related risks has been gaining significant momentum and has been climbing up the agendas of leading global policymakers, regulators, corporates and financial institutions.
The policymakers around the world are taking major steps towards a decarbonized and more sustainable economy, and the financial institutions are working hard to assess how this and all the regulatory & disclosure requirements is going to impact their business models and the risk & return profile of their portfolios.
This on-demand pre-recorded course is available 24/7 and is perfect fit for busy risk and finance professionals who prefer to learn at their own time and pace.
The 5.5 hours long prerecorded course offer unique mix of cherry-picked content providing an end-to-end helicopter perspective on the impact of climate change and sustainability on business and risk management activities of financial institutions. In the course we deep dive into all key relevant areas including but not limited to:
• climate & sustainability data
• risk assessment
• modelling and model risk
• transition planning and portfolio decarbonization
• Scenario analysis & stress testing
• strategy & innovations
• sustainable finance
• regulations & compliance & disclosures
The course starts with introduction into climate change & Sustainability & ESG covering the key facts, expected future developments and impacts and then explores the main relevant global initiatives. The course further covers the specifics of Climate & Sustainability & ESG Risk Management compared to business as usual (BAU) risk management and reviews the key elements of the applicable regulatory & disclosure developments.
The course then zooms into climate physical risk and climate transition risk measurement with concrete data, methodology and quantitative climate risk metrics examples. This is then extended to evaluation of the differences between BAU and climate specific forward looking processes such as “vanilla” stress testing vs climate stress testing or portfolio decarbonization scenario analysis. The course concludes with exploration of alternative approaches and strategies for climate & Sustainability & ESG in general and their connection to portfolio steering transition planning, decarbonization and green finance opportunities.
Course Objectives
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Understanding the key
drivers behind Climate & Environmental & ESG risks and decarbonization,
their potential impacts on financial institutions, their portfolios and their
customers
-
Overview of key elements of
the respective regulations & international collaboration initiatives
-
Analyzing the different
assessment methodologies & available data for transition and physical risk
on portfolio/regional/ sector and counterparty level
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Evaluating the differences
between BAU and climate specific forward-looking processes such as “vanilla”
stress testing vs climate stress testing or decarbonization scenario analysis
-
Understanding the
implication of climate & sustainability & ESG disclosures, carbon
footprint and decarbonization on risk management and portfolio / Balance Sheet
steering and strategy
-
Library with links to 100 +
external materials, data sources, tools for voluntary deep dives and hands on
application
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| Agenda |
| Module |
|
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Topic |
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Module 1
|
|
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Introduction to Climate Change, Sustainability, and ESG
Climate
Change Facts
Paris Agreement
& IPCC
Environmental Risk and ESG Sustainability
|
Module 2
|
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International
Initiatives and Perspectives
Governmental Actions
(Green Deal, Carbon taxation…)
Sustainable Finance
NGFS & UNEPFI
Carbon Footprint
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Module 3
|
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Climate and Environmental Risks
Transition vs Physical
risk
From Climate to Financial
Risks
Impact on Corporates vs
banks
Liability and Environmenal Risks
|
Module 4
|
|
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Risk Regulations
Climate Risk Regulators:
EU vs Global
Environmental and ESG
aspects
Model Risk management
Capital Requirement
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Module 5
|
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Reporting and Disclosures
Regulatory requirement
Internal requirement
External frameworks: IFRS, CSRD, SFDR, SEC, GRI, TNFD
|
| Module 6 |
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Climate Risk Data and Assessment: Transition
Risk
Carbon and Transition Data
considerations
Transition Risk Scenarios
Assessment Templates
Public
Data & Tools
|
| Module 7 |
|
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Climate Risk Data and Assessment: Transition
Risk
Geo and Physical Data
considerations
Physical Hazard Scenarios
Assessment Templates
Public Data & Tools
|
| Module 8 |
|
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Climate Scenario analysis and stress testing
Vanila Stress Test vs
Climate Stress Test Testing
Regulatory requirements
and experiences
Climate Risk Stress
Testing Methodology - Example
Climate
Risk Stress Testing Methodology -Demo
|
| Module 9 |
|
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Climate,
Sustainability and Net-Zero transition Strategy
Transition Planning
Opportunities &
innovation
Decarbonization Strategies
Role of Technology
|
| Module 10 |
|
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Control test
50+ multiple choice test questions
|
| Who Should Attend |
|
Representatives from these functional areas will benefit from attending this course:
·
Climate
Risk, ESG , Sustainability
·
Enterprise
Risk / Strategic Risk Management / Integrated Risk Management
·
Stress
testing / Strategy and business planning
·
Risk
Modeling and Model Risk
·
Portfolio
management
·
Credit /
Market Risk Management
·
Operational
/ Reputational / Business Risk Management
·
Risk /
Finance controlling
·
Finance /
Budgeting
·
Regulatory
Reporting / Compliance
·
Risk
Management consultants
·
Auditors
·
Regulators
|
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| About Our Expert |
|
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|
  |
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Peter Plochan is the EMEA Principal Risk Management Advisor at SAS. He helps financial institutions deal with their challenges around finance and risk regulations, enterprise risk management, risk governance, forward-looking risk analysis, stress testing, model risk management, risk modelling, as well as climate change risk management.
Peter has a finance background, a Master’s degree in Banking and is a certified Financial Risk Manager (FRM) with 15+ years of experience in risk management in the financial sector. He has assisted various banking and insurance institutions with large-scale risk management implementations while working both internally and externally as a risk management advisor (PwC).
Since joining SAS in 2014, Peter has served as a global acting domain expert - leveraging the latest trends in risk analytics and technology with his deep risk management and finance expertise.
Peter regularly speaks and presents at risk events, webinars, and publishes risk management thought leadership materials.
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| Continued Risk Learning Credits: 4.5 |
PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].
| Registration |
| Membership Type |
Price |
| 90-day access to course |
|
| Members |
$359 |
| Non Members |
$399 |
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