“The days of viewing climate change within a purely ethical, environmental or long-term frame have passed” (APRA, February 2017)
With a changing climate comes new and heightened risks for businesses. Not only can more intense extreme weather lead to physical damage, market disruption and reduced profitability, but regulatory responses will continue to tighten and investor sentiment will shift. There now is a developing legal opinion that the disclosure of climate-related and transitional risks is a fiduciary duty and that failing to consider climate risks could lead to liability for company directors in the future (for breach of duty of care and diligence).
In light of these developments, corporate decision-makers must understand the risks to their business and the best practice mechanisms for management and disclosure.
This training program will be an opportunity to hear from experts from the Future Business Council, Norton Rose Fulbright and Point Advisory on the drivers for corporate action on climate risk and the emerging frameworks to manage and disclose these risks.
- The Paris Agreement and carbon policies
- Australia’s Paris targets and Australian legislative and regulatory framework
- Directors duties
- Disclosure, litigation and shareholder activism
- Divestment movement, stranded assets and social license to operate
Climate risks and opportunities
- Transitional and physical climate-related risks
- Climate-related opportunities
What should companies do?
- Framework, tools and processes to identify, manage and mitigate risks
This is a must attend for all company directors, C-suite, senior executives and risk professionals
Contact the Future Business Council for quotes or further information.
490 Spencer Street, Melbourne, VIC, Australia