Climate Change and Business Risk

Strategy

Climate Change and Business Risk

21 February–18 March 2022

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Developing a strategic approach

Is your company prepared for the climate transition already underway? Can you respond effectively to changing expectations from investors, regulators and customers? How do you support your board in discharging their fiduciary duties related to climate risk?

Investors, regulators and customers increasingly acknowledge climate change as one of the defining challenges of our generation. Companies are now expected to demonstrate a competent response to this challenge. Already affecting organisational operations, reshaping markets and the structure of the economy, our changing climate is no longer just a corporate responsibility issue – it is a financial and strategic issue.

The Task Force on Climate-Related Financial Disclosure (TCFD), a global organisation of 32 members aiming to develop guidelines for voluntary climate-centred financial disclosures across industries, has developed a framework for use by companies to provide information to investors and financiers.

Its recommendations relate to governance, strategy, risk management, metrics and targets and offer a useful framework for integrating climate risk into strategy.

Through this short course, we’ll show you how to move past short-term pressures, policy uncertainty and the difficulty of organisational and systems change, to develop and implement a strategic approach for successfully integrating climate change into business strategy.

This course is run by Monash Sustainable Development Institute (MSDI) and ClimateWorks Australia.

What you'll learn

Designed with a commercial focus, through this course you will learn:

  • the significance of climate change to your organisation
  • the physical, transition and liability risks (including fiduciary responsibilities) of climate change
  • changing expectations from investors, customers and regulators
  • pathways for, and business opportunities in, transitioning to net zero emissions
  • how to use a scenarios approach to support strategic decision-making amid uncertainty.

Learning journey

Details

Who should attend?

This course is ideal for senior managers and executives in finance, risk, operations, strategy, sustainability and corporate affairs. Designed with a commercial focus, it will help you develop, implement and interrogate your approaches for incorporating climate change into strategy.

Program dates and times

21 February–18 March 2022

Program fee

$2,750

  • 10% discount for Monash alumni
  • 10% discount (per person) for multiple participants from the same organisation

Core faculty

Dirk manages the Professional Development Education Program at MSDI. He has particular subject matter expertise in ESG and business and sustainability, and designs and teaches into a variety of academic and professional development programs. These include: Climate change and business risk, Monash MBA and Executive MBA, and the McKinnon Institute’s Advanced Political Leadership.

Before joining Monash, Dirk worked in banking as a sustainability and strategy specialist, advising on climate change, renewable energy and responsible investment. Prior to that he designed and delivered Executive Education programs as part of the University of Cambridge Institute for Sustainability Leadership.

Wei leads the Sustainable Corporates team at ClimateWorks Australia, which focuses on accelerating systems change in organisational-level net zero strategies of companies and investors.

She recently supported the Australian Industry Energy Transitions Initiative, working with large corporates in Australia’s hard-to-abate sectors. She has also led a number of projects to develop decarbonisation strategies, including Monash University’s Net Zero Strategy and was the project manager and co-author of ClimateWorks’ Energy Productivity Index for Companies project, publishing the first global energy productivity benchmark of listed companies.

Wei has presented on various climate change capacity building programs. She also has prior experience in sustainability and management consulting.

Holly is a Project Manager in the Sustainable Corporates team. She supports educational and capacity building activities that enable key systems and individuals to take action to manage climate risks and reduce emissions, including coordinating the delivery of tertiary and executive education programs.

She is the Chief Examiner for the Monash Business School postgraduate unit, 'Climate Change and Carbon Management Strategies'. Before joining ClimateWorks, Holly managed the delivery of sustainability projects and policies in a local government in Victoria.

Anna is the Chief Executive Officer of ClimateWorks Australia and has led the organisation since its inception in 2009.

Anna brings considerable private and public sector experience to the role having previously worked as an investment banker, public sector policy advisor and commercial lawyer.

She is a Board Member of the Green Buildings Council Australia, a Trustee of the Sustainable Melbourne Fund, and was an inaugural Director of the Clean Energy Finance Corporation.

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Monash Sustainable Development Institute (MSDI)

Monash Sustainable Development Institute (MSDI) is a leading interdisciplinary research and education institute. Through our teams including ClimateWorks Australia, BehaviourWorks Australia and MSDI Water, we continue to make significant impacts on policy, practice and behaviour across our region and the world.

We offer academic and professional development courses that enable people and organisations to engage and respond to some of the biggest environmental, economic and social issues facing our world today.

Learn more