Course Details

Climate Risk & Corporate Governance Training Course

INTRODUCTION

Climate change presents unprecedented risks and opportunities for businesses globally. This Climate Risk & Corporate Governance Training Course equips participants with the knowledge and skills to integrate climate-related risks into their governance frameworks, ensuring organizational resilience and long-term value creation. Participants will learn to assess climate risks, understand regulatory requirements, and implement effective governance strategies to address the challenges and opportunities posed by a changing climate. This program is designed to empower boards and executives to lead their organizations through the climate transition.

This comprehensive program is tailored for board members, executives, risk managers, sustainability officers, investors, and anyone responsible for corporate governance and risk management. Through interactive workshops, case studies, and practical exercises, attendees will develop the ability to understand climate science, conduct climate risk assessments, and implement TCFD recommendations. The course emphasizes the importance of aligning climate risk management with strategic objectives and fostering a culture of climate awareness.

DURATION

5 days

COURSE OBJECTIVES

Upon completion of this course, participants will be able to:

• Understand the science of climate change and its implications for businesses.
• Assess and manage climate-related physical and transition risks.
• Integrate climate risk considerations into corporate governance frameworks.
• Implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
• Understand relevant climate regulations and reporting requirements.
• Develop climate risk mitigation and adaptation strategies.
• Engage stakeholders and communicate climate-related information effectively.
• Understand how to implement climate scenario planning.

COURSE MODULES

• Understanding Climate Change and its Business Impacts:
• Exploring the science of climate change and its key drivers.
• Identifying physical and transition risks associated with climate change.
• Understanding the financial and operational impacts of climate change on businesses.
• The history of climate risk as a business concern.
• Climate Risk Assessment and Scenario Analysis:
• Conducting climate risk assessments using established frameworks.
• Developing and applying climate change scenarios.
• Quantifying climate-related financial risks.
• Understanding how to use climate data.
• Integrating Climate Risk into Corporate Governance:
• Understanding the board's role in overseeing climate risk management.
• Integrating climate risk into strategic planning and decision-making.
• Establishing board committees for climate oversight.
• Understanding how to implement climate related metrics for board oversight.
• Implementing TCFD Recommendations:
• Understanding the TCFD framework and its key recommendations.
• Implementing TCFD disclosures on governance, strategy, risk management, and metrics & targets.
• Ensuring alignment with investor expectations and regulatory requirements.
• Understanding the importance of scenario analysis for TCFD implementation.
• Climate Regulations and Reporting Requirements:
• Understanding relevant climate regulations and policies.
• Navigating carbon pricing mechanisms and emissions trading schemes.
• Ensuring compliance with climate-related reporting obligations.
• Understanding the impacts of climate related litigation.
• Climate Risk Mitigation and Adaptation Strategies:
• Developing strategies for reducing greenhouse gas emissions.
• Implementing climate adaptation measures to enhance resilience.
• Exploring innovative technologies and solutions for climate mitigation.
• Understanding how to implement nature based solutions.
• Stakeholder Engagement and Communication:
• Engaging with stakeholders on climate-related issues.
• Communicating climate risk and opportunities effectively.
• Building trust and transparency through climate disclosures.
• Understanding how to implement stakeholder dialogue.
• Future Trends and Best Practices:
• Exploring emerging trends in climate risk management and governance.
• Utilizing technology for climate data analysis and reporting.
• Integrating climate risk into financial risk management.
• Understanding the future of climate risk.

CERTIFICATION

• Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

• Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

• Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

• Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com