Overview

This eSeminar is a recorded session of the "Implications of Climate Change on Financial Institutions - Transition Risks" webinar held on 25 February 2025.

During this session, Mr Ken Yuen, Climate Change and Sustainability Risk Consultant at Zurich Resilience Solutions delves into the significant transition risks that climate change poses to financial institutions. The course covers broader climate-related transitions, the concept of 'Just Transition', and how banks are adapting to a lower carbon economy. It also delves into strategic methods and tools to minimise financial vulnerabilities, and relevant case studies. This session is essential for professionals in the financial sector looking to bolster their defenses against climate-related challenges.

Objective

After completing this course, you will be able to:
- Describe transition risk impact from a financial institute's perspective
- Summarise the implications on banks as clients transition to a lower carbon economy
- Identify implications and consequences of transition risk

Content

- What are Transition Risks in Climate Change
- What are the implications on banks when their clients adapt to a lower carbon economy?
- Energy transition is a key element, and how are banks react to this in their day-to-day dealings with clients
- Besides energy transition, other “transitions” could be associated with Climate Change?
- What is the concept of “Just Transition”?
- Are there ways to measure and quantify Climate Transition Risks?
- What could be some of the ways banks/banks’ clients can manage these risks
- Case studies on transition risk implications on banks
- What could be factors to consider in minimising the risks to financial institutions
- What are the possible tools available to financial institutions to better manage transition risks

Who should attend

Corporate Banking RMs, Portfolio Managers, Investment Managers, Risk Managers, Finance & Control Managers, Compliance Officers, Sustainability Officers and Senior Management