Sustainable Finance Masterclass Series
Leading in the climate transition – understanding the financial impact to your business
One-day course to support directors and senior executives plan for, and financially quantify, the climate transition.
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7th May 2024
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1-DAY PRACTICAL COURSE |
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7.5 hours CPD
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Leading in the climate transition
continuing the journey
- How is your organisation positioned to enhance its resilience through robust transition planning?
- Is your organisation equipped to maximise the opportunities from the transition?
- Are your Financial Statements fully aligned with your Climate Statements?
This unique and focused INFINZ masterclass will provide senior executives with the further practical skills to understand the impacts of climate change on your business model and strategy, and equip you with more knowledge needed to ensure your transition planning builds resilience and leverages the opportunities.
Benefits & Outcomes
This course seeks to equip senior executives with more knowledge and a deeper understanding of how to practically apply the strategy disclosures in the Climate Standards and the key learning outcomes include:
- Unpacking the strategy disclosure requirements of the Climate Standards – the journey from risks to strategy
- Understanding how the risks of climate change can impact your organisation’s financial stability
- Maximising scenario analysis as a tool to determine the current and anticipated risks and impacts climate change may plausibly have on your business model and strategy, and how to use the analysis to test strategy resilience
- Gaining knowledge on what’s involved, and how to be successful, in transition planning
- Learning how to financially quantifying the current and anticipated financial impacts
- Appreciating the links between your Climate Statements and your Financial Statements.
Programme OBJECTIVE
The objective of the strategy disclosures in the Aotearoa New Zealand Climate Standard is to enable your primary users understand how climate change is impacting your organisation, and how it may do so in the future. These disclosures are also about describing how you will position your organisation as the economy transitions to a low-emissions, climate-resilience future state. It’s clear that a ‘Business as Usual’ response will no longer suffice and that collectively need to build organisational resilience.
This masterclass provides a focused ‘deep dives’ into the strategy disclosure requirements of the Climate Standard, including scenario analysis as tool to improve resilience, how to go about transition planning, the financial quantification of impacts, and the links between Climate Statements and Financial Statements.
WHO SHOULD ATTEND
The course is tailored to senior executives and other corporate professionals with an interest in understanding how to successfully transition their organisation. It is expected the course would be of most benefit to senior professionals such as:
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PRE-REQUISITES
A basic understanding of the Aotearoa New Zealand Climate Standards is preferred.
PROGRAMME & DATES
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7th May 2024
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Arrival Time: 8.30am
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SESSION TOPICS
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SESSION 1. The NZ Climate Standards - How and why these standards inform your strategy
FACILITATOR: Erica Miles, Director, West Nine Consulting |
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SESSION 2. Climate Change and Financial Stability - why we want to avoid a “too little too late” scenario Climate change is, and can have, significant impacts on the economy, either directly and indirectly through the actions taken to address its impacts. This session seeks to help participants understand the system-level impacts of climate change and its link to financial stability. It will then outline the importance of an orderly transition, and why a “too little too late” scenario will negatively impact the financial system. The session will conclude with a practical worked example demonstrating how climate change has the potential to impact financial performance and position at the firm-level. FACILITATOR: Craig Weise, Climate Investment Leader |
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SESSION 3. What’s the “So What” of scenario analysis - How to leverage scenario analysis to support your strategy and transition planning As a key tool for identifying and assessing climate risks and testing the resilience of strategy, this session will:
FACILITATOR: Andrew Jamieson, Partner, Sustainability, Climate & Nature, PwC |
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SESSION 4. Transition planning - how to seize the opportunities This session will allow participants to gain knowledge about what’s involved in successful transition planning. The session will include:
FACILITATORS: Kate Wilson Butler, Director - Climate, Sustainability & ESG, Chapman Tripp |
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SESSION 5. Materiality - Applying the concept of materiality to your Climate Statements Materiality is a concept outlined in NZ CS3. In this session, participants will can an appreciation of:
FACILITATOR: Erica Miles, Director, West Nine Consulting |
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SESSION 6. Accounting for climate - Achieving coherence between your Climate Statements and Financial Statements This session will help participants understand the requirements in the New Zealand accounting standards relating to climate-related matters in financial statements. This includes gaining an appreciation of:
FACILITATORS: Jonathan Skilton, Assurance Partner, Lead Partner Sustainability Reporting & Assurance and Tiniya du Plessis, Partner, Capital Markets Accounting Advisory Co-Leader, PwC |
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SESSION 7. Expectations of the FMA In this session the FMA will provide participants with an overview of their expectations for Climate Statements.
FACILITATOR: Michael van Zijl, Acting Manager, Climate Related Disclosures and Jacco Moison, Head of Audit, Financial Reporting & Climate Related Disclosures, FMA |
Speakers
PwC
West Nine Consulting
FMA
PwC
Chapman Tripp
FMA
Climate Investment Leader
Cost & Registration
ONE-DAY MASTERCLASS
7.5 HOURS CPD
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INFINZ member price
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Non-member price
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Places are limited and will be provided on a first in first served basis.
25% discount for members located outside of the Auckland Region
Refund Ts & Cs
Tickets can be transferred to another person at any time without penalty (provided they are from the same charging group)
Full refund if cancelled more than 28 days prior to conference
50% refund if cancelled between 14 and 28 days prior
25% refund if cancelled between 7 and 14 days prior
No refund if cancelled within 7 days of the event
CONTACT details AND HOW TO REGISTER
Email Faith Taylor on support@infinz.com to register
or
Iona Gibbs on admin@infinz.com to enquire about membership