Overview

As the world braves more disruptive weather conditions due to global Climate Change, the negative effects could have substantial negative implications for financial institutions in their investment and lending portfolios. Banking regulators have already required banks in Europe and North America to undertake stress testing relating to the physical risk implications on their portfolios. HKMA also conducted a pilot CRST scheme in 2021 to assess the banks’ resilience to climate risks in their portfolios. It is therefore important for the finance sector to fully understand the implications of physical risk and how they could be better positioned to assist their clients in addressing these risks.

Join us for an insightful series on the Implications of Climate Change on Financial Institutions. Part 1 in January delves into Physical Risks, while Part 2 in February will focus on Transition Risks. Stay tuned for registration details to be released soon.

Content

- Why should financial institutions be concerned about physical risks
- What are the implications if financial institutions’ clients are not prepared to address these risks
- The severity of Physical risks to financial institutions
- What could be some of the measures banks/banks’ clients can take in addressing these risks
- Case studies on physical 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 physical risks

Who should attend

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