Climate Governance for Corporate Boards Training Course: Meeting Climate Risk Disclosure and Transition Planning Responsibilities

Introduction

The escalating impacts of climate change pose profound and systemic risks to businesses worldwide, transforming the landscape of corporate governance. Boards of directors are increasingly expected, and soon legally required, to demonstrate robust oversight of climate-related risks and opportunities, encompassing everything from physical asset vulnerability to the strategic implications of transitioning to a low-carbon economy. This 5-day intensive training course is specifically designed to equip corporate board members and senior executives with the critical knowledge and practical frameworks needed to fulfill their expanding climate governance responsibilities, ensuring compliance with evolving disclosure regulations and the development of credible transition plans. By understanding the intricate connections between climate change and long-term corporate value, boards can proactively manage risks, seize innovation opportunities, and safeguard their organization's resilience in a rapidly warming world.

This comprehensive program delves into the intricacies of climate science relevant to business, the burgeoning landscape of climate-related financial disclosures (e.g., TCFD, ISSB), and the strategic imperative of climate transition planning. Participants will gain actionable insights into integrating climate considerations into financial reporting, risk management, and capital allocation decisions. The course emphasizes practical application through real-world case studies and interactive discussions, enabling boards to confidently lead their organizations in navigating climate complexities, meeting stakeholder expectations, and contributing to a sustainable future while enhancing long-term enterprise value.

Duration: 5 days

Target Audience:

  • Board Members
  • Non-Executive Directors
  • C-Suite Executives (CEO, CFO, CRO, CSO, CTO)
  • Heads of Risk Management, Sustainability, Strategy, and Investor Relations
  • Corporate Secretaries and Legal Counsel

Objectives:

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

  • Understand the latest climate science and its implications for business.
  • Interpret and apply key climate-related disclosure frameworks (e.g., TCFD, ISSB).
  • Oversee the identification, assessment, and management of climate-related risks and opportunities.
  • Guide the development and implementation of a credible climate transition plan.
  • Enhance board-level discussions and decision-making on climate strategy and governance.

Course Modules:

  1. Introduction to Climate Change and its Corporate Implications
  • The science of climate change: Understanding the basics and projected impacts.
  • Climate change as a systemic financial risk: Physical and transition risks.
  • The evolving landscape of stakeholder expectations on climate action.
  • Fiduciary duties of boards in the context of climate change.
  • Case studies of climate-related impacts on corporate value.
  1. The Landscape of Climate Risk Disclosure Frameworks
  • Deep dive into the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.
  • Understanding the International Sustainability Standards Board (ISSB) standards (S1 & S2).
  • Overview of other relevant global and regional disclosure regulations (e.g., EU CSRD, SEC climate rules).
  • Bridging the gap between voluntary and mandatory disclosures.
  • Preparing for future disclosure requirements and assurance.
  1. Governance of Climate-Related Risks and Opportunities
  • Defining the board's role and responsibilities in climate oversight.
  • Integrating climate into board committee structures and mandates (e.g., audit, risk, sustainability).
  • Board composition, climate literacy, and access to expertise.
  • Setting clear accountabilities and performance incentives for climate outcomes.
  • Effective board reporting and communication on climate governance.
  1. Identifying and Assessing Climate-Related Risks and Opportunities
  • Methodologies for identifying physical risks (e.g., extreme weather, resource scarcity) and transition risks (e.g., policy, technology, market, reputational).
  • Understanding climate-related opportunities (e.g., new products/services, energy efficiency).
  • Utilizing scenario analysis to assess future climate pathways and their impacts.
  • Quantifying financial implications of climate risks and opportunities.
  • Integrating climate risk assessment into enterprise risk management (ERM).
  1. Climate Transition Planning: Strategy and Implementation
  • Components of a credible climate transition plan: Targets, pathways, and actions.
  • Decarbonization strategies across operations and value chains.
  • Capital allocation decisions for climate-resilient investments.
  • Engaging with suppliers, customers, and other stakeholders in transition.
  • Monitoring and reporting progress on transition plan implementation.
  1. Climate Metrics, Targets, and Performance Management
  • Key climate-related metrics: GHG emissions (Scope 1, 2, 3), energy intensity, water usage.
  • Setting science-based targets (SBTs) and net-zero commitments.
  • Data collection, quality, and management for climate metrics.
  • Linking climate performance to executive compensation.
  • Internal and external assurance of climate data.
  1. Climate Finance, Policy, and Green Innovation
  • Understanding sustainable finance, green bonds, and climate-related investments.
  • The role of carbon pricing, carbon markets, and policy incentives.
  • Emerging technologies for climate mitigation and adaptation.
  • Strategic partnerships and collaborations for climate innovation.
  • Engaging with climate policy development and advocacy.
  1. Advanced Climate Governance: Engagement, Resilience, and Long-Term Value
  • Shareholder and investor engagement on climate strategy.
  • Climate litigation risks and board preparedness.
  • Building organizational resilience to climate change impacts.
  • Communication best practices for climate performance and strategy.
  • The board's role in driving long-term value creation through climate leadership.

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

 

Climate Governance For Corporate Boards Training Course: Meeting Climate Risk Disclosure And Transition Planning Responsibilities in Malawi
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