There is increasing expectation from key stakeholders, including regulators and investors, that organisations demonstrate how climate-related risks are identified, assessed and managed within existing risk management and governance structures. This includes linking climate risk to financial performance, asset values and long-term resilience.
Climate change is now recognised as a driver of long-term organisational sustainability and resilience, requiring a structured and disciplined approach to risk management and decision-making.
This interactive masterclass provides structured guidance on how climate change impacts enterprise risk management, governance and strategic decision-making. Delivered by experienced practitioners, the course bridges climate risk concepts with practical risk management application, focusing on how organisations can embed climate risk within existing frameworks in a clear and proportionate way.
The session also introduces forward-looking considerations, including emerging risks and scenario-based thinking, to support more informed and resilient decision-making.
Participants will gain a practical understanding of how climate-related risks integrate into enterprise risk management, strengthening governance, reporting and organisational oversight.
What You Will Learn:
(a) Climate Change Risk – What It Is and Why It Matters
Time Allocation: 60 minutes
Purpose:
To establish a clear understanding of climate change as an enterprise risk and its relevance to organisations today.
Key Topics:
- Overview of climate change drivers and current landscape
- Physical, transition and liability risk categories
- Key impacts on financial performance, assets and operations
- Stakeholder expectations including regulators and investors
- Climate risk as a driver of long-term organisational sustainability and resilience
(b) Why Organisations Must Act – Governance, Strategy and Oversight
Time Allocation: 75 minutes
Purpose:
To explain how climate risk is shaping governance expectations and influencing strategic decision-making.
Key Topics:
- Board responsibilities and accountability for climate risk
- Overview of regulatory expectations and guidance, including key frameworks (e.g. ISSB, SBTi)
- Linking climate risk to strategy and capital allocation
- Climate risk reporting and transparency expectations
- Developing high-level climate governance and culture principles
(c) How to Integrate Climate Risk into Enterprise Risk Management
Time Allocation: 105 minutes
Purpose:
To provide a structured and practical approach to embedding climate risk within existing risk management frameworks.
Key Topics:
- Integrating climate risk into risk appetite and thresholds
- Risk identification approaches (including horizon scanning and stakeholder input)
- Introduction to materiality assessment and prioritisation
- Overview of emerging risks and scenario-based thinking for forward-looking risk
- Designing proportionate mitigation and response strategies
Closing Discussion and Q&A
Time Allocation: 30 minutes
Key takeaways and practical reflections
Open discussion on implementation challenges
Participant Q&A
By the end of this session
You will have a structured understanding of how climate-related risks integrate into enterprise risk management frameworks, enabling you to strengthen governance, reporting and decision-making confidence.
Why This Course Helps Your Career
If you work in risk management, governance, compliance, finance or strategy, this course will provide a clear and practical understanding of how climate change impacts enterprise risk management. You will walk away with:
- A clear understanding of climate-related risk categories
- Practical insight into integrating climate risk into ERM frameworks
- Greater confidence engaging with Boards and regulators
- Structured approaches to risk identification, prioritisation and escalation
- A recognised certificate supporting your professional credentials
Delivery Details
- Delivery Method: Zoom or other tools
- Duration: 4 Hours (Half Day Sessions)
- Certificate: Professional Certification
- Price: £500 (inclusive of Lars commission)
- Partner: One Risk Consulting
- Presented by: Martin Massey and Jose Hopkins
Dates:
- 28th April 09.00 to 13.00 GMT
- 26th May 09.00 to 13.00 GMT