The consequences of climate change are likely to impact us all as the potential physical and transition risks are far reaching in breadth and magnitude. The complexities associated with the changing climate, in addition to the transition to a net-zero carbon economy, pose a unique challenge for households, businesses and governments across industries and geographies. However, the magnitude and nature of the future impacts of these risks will be determined by the actions taken today, which need to be credible and forward-looking.

In particular, businesses are increasingly facing financial risks associated with climate change. Financial losses, sudden adjustments in asset values, and the increasing cost of capital are just some examples of the financial implications if these climate change risks are not effectively identified, measured, managed, monitored and disclosed. By incorporating climate financial risks into existing risk management processes and by considering the potential future pathways, organisations will be able to make their businesses resilient.

Enrol in this course to learn about managing financial risks from climate change.