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Climate Risk & Response

Governance, Reporting & Assurance

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Duration

1 day 

Delivery mode

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Location

Canberra City Campus

Standard price

$1,045.00

Accelerate your career, learn new skills, and expand your knowledge.

First in Australia for research excellence and impact.

Top 50 in the world. 2020 QS World University Rankings.

Overview

Recognising climate change as a fundamental financial risk, and with complex reporting requirements and regulatory pressures intensifying, the demand for climate-ready skills is soaring.

In this course you will discover the fundamentals of climate governance, reporting and assurance and the common challenges and opportunities in the climate regulatory environment. You will learn from leading experts from the UNSW Institute for Climate Risk and Response and hear from industry guest speakers leading the way in the areas of climate governance, reporting and assurance.   

Course content

Pre-Workshop: Participants receive essential reading materials to prepare for the session.

Part 1: Governance

Topics include: the Paris Agreement, domestic policy environment, sovereign risk, available governance frameworks and guidelines, best practice governance, greenwashing, and communicating climate science and uncertainty in organisations

Part 2: Reporting (session 1)

Topics include: materiality risk lens, risk assessment and strategies for managing transition and physical risk (including fundamentals of scenario analysis).

Part 3: Reporting (session 2)

Topics include: metrics (including Scope 1, 2 and 3 greenhouse emissions measurement and adaptation metrics), targets (including transition planning), connecting climate-related reporting into financial reporting, and communicating uncertain climate information to external parties

Part 4: Assurance

Topics include: examination of current assurance standards, types of assurance and assurance opinion, other credibility enhancing mechanisms, and preparing climate-related data for assurance

Post-Workshop: Participants receive additional materials to deepen their understanding.

Learning outcomes

By completing this course you will:

  • Become familiar with the latest developments in the current climate regulatory environment: 
    •  Understand key international agreements, governance frameworks, and regulations related to climate risk management and develop the skills needed to recognise and address greenwashing.
  • Understand best practice reporting and integration of climate related metrics. 
    • Learn the fundamentals of climate risk reporting, including accounting for greenhouse gas emissions and other non-financial metrics, and how to integrate these and other relevant assumptions into financial reporting.
  • Develop key skills necessary to ensure information credibility:
    • Explore methods for ensuring the credibility of climate-related information through audit and assurance practices, both internally and externally.

Who should attend

This course is design for people who: 

  • Need a deep understanding of climate risk to excel in their roles.
  • Seek to implement impactful climate actions and apply research-driven insights.
  •  Are considering a career transition and require specialised training in climate risk and response.

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There are no prerequisites for this course.


Facilitators

Dr Tanya Fiedler

Tanya is a Scientia Fellow at the UNSW Institute for Climate Risk and Response and School of Accounting, Auditing and Taxation, UNSW Sydney.

Tanya is recognised internationally as a pioneering expert in the field of climate risk accounting and accountability. Her research is considers the translation and integration of information derived from climate and earth system sciences to accounting values and practice.

Tanya engages deeply with industry, standard setters, and regulators, both through her research as well as in an advisory capacity. Her work has been cited in the 2023 Economic Report of the President of the United States, as well as by the World Bank and Asian Development Bank.   

Professor Ben Newell

Ben is Professor of Behavioural Science in the School of Psychology at UNSW Sydney, and Director of the UNSW Institute for Climate Risk & Response. His research focuses on the cognitive processes underlying judgment, choice and decision-making and the application of this knowledge to environmental, medical, financial and forensic contexts.

He has published multiple articles on the psychology of human judgment and decision making, including those that lie at the intersection of psychology and climate change, with particular focus on the understanding of uncertainty and risk.

Ben is a member of the Academic Advisory Panel of the Behavioural Economics Team of the Australian Government (BETA), and the Chief Medical Officer’s advisory group for the National Health and Climate Strategy.  

Olivia Kember

Olivia Kember has worked on climate risk from many angles over fifteen years, covering carbon and energy policy, decarbonisation targets and technology pathways,  physical climate risks at the levels of sites, businesses and industries, public opinion on climate change and climate action, and business strategies for climate risk management. As a principal consultant at Energetics (now part of ERM), she engaged with the development of Australia's new climate-related financial disclosure requirements, and produced thought leadership and consulting services to guide Australian companies through their initial disclosures. She has supported ASX200 companies and financial institutions with climate-related risk assessment and scenario analysis, decarbonisation strategy development, and disclosures. Her background includes journalism, diplomacy, policy analysis and advocacy. She holds a MA in security studies from Georgetown University.

Dr Nick Wood

Nick Wood is an expert in the emerging field of climate change as a sovereign risk. Over the last 25 years he has purposely engaged with three key aspects that directly address this.
These aspects are:
•The design and implementation of carbon pricing mechanisms across multiple jurisdictions
• The development of effective and functional linkages between the national and global climate science capability and the financial system and,
• The promotion of aspects of governance, transparency and rigour required to manage the complex risks presented by climate change.
He has a strong track record of delivering innovative solutions across a wide range of climate policy issues to leadership teams in global businesses, to key decision makers in Governments and to international audiences.
At the core of his strategic work is the simple observation that climate change exhibits a deep complexity that presents serious challenges for both the Australian and global financial sectors. 

Dr Maria Balatbat

Maria is a Senior Lecturer at the School of Accounting, Auditing and Taxation and a Founding Director at the Collaboration for Energy and Environmental Markets (CEEM) at UNSW Sydney. A former member of the technical working group of the Carbon Disclosure Standards Board, her research include integration of environmental, social and governance (ESG) dimensions in investment decision making including, disclosure of climate change information. She has received several Australian Research Council (ARC) grants with projects that examine the capital market implications of Integrated Reporting and use of environmental and social indicators to develop a valuation methodology for investment decisions. Maria currently teaches courses on ESG reporting and value creation and reporting for climate change and sustainability at the Business School. She is also a director for the not-for-profit Australasian Reporting Awards, a Fellow of CPA Australia and a member of the Chartered Accountants in Australia and New Zealand (CAANZ). Maria has a PhD in Economics at the University of Sydney.

Cancellation policy

Courses will be held subject to sufficient registrations. 91³ÉÈ˰涶Òôreserves the right to cancel a course up to five working days prior to commencement of the course. If a course is cancelled, you will have the opportunity to transfer your registration or be issued a full refund. If registrant cancels within 10 days of course commencement, a 50% registration fee will apply. 91³ÉÈ˰涶Òôis a registered ACT provider under ESOS Act 2000-CRICOS provider Code 00098G.