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Climate Change Special Interest Group

Purpose of the group

The main purposes of the group will be to:
• Research and collate climate change risk management best practices and solutions.
• Develop a strong committee with a wider representation of members across different industry sectors.
• Support IRM’s goals including increasing membership and developing educational training for members. 
• Hold monthly meetings with the core committee members and organise 3-4 events a year.


Relevance to the risk community

There is an expectation from key stakeholders including regulators that existing risk management frameworks will need to address risks from climate change (CC), and thus the scope of the SIG will be to support how organisations enhance their frameworks and risk maturity from identifying to reporting CC risks.

The relevance of this risk is highlighted in many recent risk publications including The Global Risks Report 2019 from the World Economic Forum. In their survey environmental risks linked to CC counted for 3 of the top 5 global risks, 'extreme weather events', 'failure of climate-change mitigation and adaptation' and 'biodiversity loss and ecosystem collapse'.


Aims and Objectives

Inspire:           Provide active thought leadership.

Learn:             Evaluate tools and techniques for members.

Engage:           Create a series of CC SIG meetings with IRM members and RM Community.

Research:        Commission quarterly surveys on emerging climate change risk trends.

Collaborate:     Develop key relationships.

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Group Chair: Martin Massey

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