Climate Change and Business Risk - PDB1125

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.

Fees

$2,750

Alumni discounted fees

20%

The course is run by Monash Sustainable Development Institute (MSDI) and ClimateWorks Australia. MSDI is a leading interdisciplinary research and education institute. Through units including ClimateWorks Australia, Behaviour Works Australia and Monash Water Sensitive Cities we continue to make significant impacts on policy, practice and behaviour across our region and the world.

MSDI harnesses the strength of Australia’s largest university – Monash – in interdisciplinary partnerships with government, industry, academia and civil society. We offer academic and professional courses that enable people and organisations to engage and respond to some of the biggest environmental, economic and social issues facing our world today.

A program by ClimateWorks Australia to develop pathways for deep decarbonisation has influenced the 2015 Paris Agreement and the adoption of net zero emissions by 2050 targets of several Australian state governments. They are also helping some of Australia’s biggest companies with their climate strategies and scenario analysis.

Amandine Denis-Ryan
Head of National Programs, ClimateWorks Australia (within Monash Sustainable Development Institute)

Amandine oversees ClimateWorks’ national programs, which include helping governments and businesses develop pathways and strategies for net zero emissions, unblocking barriers to implementation across all sectors of the economy and building capacity in current and future leaders to support the transition.

Dirk Visser
Course Director; Lecturer, Monash Sustainable Development Institute

Dirk coordinates the professional and continuing education programs at MSDI and directs the ‘Climate change and business risk’ program. He also teaches on the Monash MBA. Before joining Monash, Dirk worked in banking as a Sustainability and Strategy Specialist and his role included advising the bank on climate change, renewable energy and responsible investment.

Jess Fritze
Senior Project Manager, ClimateWorks Australia (within Monash Sustainable Development Institute)

Jess leads ClimateWorks’ educational and capacity building activities including teaching the Master’s unit ‘Climate change and carbon management strategy’ at
Monash Business School. She has previously worked on projects providing analysis and strategy on the implementation of zero emission pathways as well as research into energy market reform.

Dr Shirin Malekpour
Research Leader in Strategic Planning and Futures Studies, Monash Sustainable Development Institute.

Shirin is a civil engineer and social scientist and at MSDI leads an initiative on Futures, which aims to assist decision makers in framing futures issues and developing strategies in the context of sustainable development. Her research focuses on long-term planning processes in both private and public sectors that can enable more robust decisions in the face of deep uncertainties and ever-increasing complexities.

Anna Skarbek
Chief Executive Officer, ClimateWorks Australia (within Monash Sustainable Development Institute)

Anna has led ClimateWorks since its inception in 2009, guiding their independent research and advisory work analysing emissions reduction opportunities and partnering with government and business to unblock barriers to implementation. 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.

Chris Newton
Director: Responsible Investment, IFM Investors

Chris manages a team of responsible investment specialists to ensure that responsible investment considerations are embedded in IFM Investors’ investment, asset management and reporting frameworks, benchmarked against global best practice. He is a member of the Principles for Responsible Investment’s Infrastructure Workstream and Advisory Committee.

Dr Susie Wood
Principal Climate Change, BHP

Susie’s role within BHP’s Sustainability & Public Policy team is to provide functional expertise and strategic insight on climate change and sustainability. Her particular areas of focus are climate-related risk and strategy; climate-related disclosure and sustainability reporting; and product stewardship. Before joining BHP in 2017, she ran her own advisory firm, Resourceful Reasoning, helping organisations navigate the transition to a low carbon economy.