Institute of Risk Management (IRM), Imperial College London, and the Grantham Institute join forces to deliver Climate Change Risk Management Training Course

Risk managers need to be ready to influence the United Nations Climate Change Conference agenda

Institute of Risk Management (IRM), Imperial College London, and the Grantham Institute join forces to deliver Climate Change Risk Management Training Course

The Institute of Risk Management, Imperial College London, and the Grantham Institute have teamed up to deliver a go-to practical training course on Climate Change Risk Management.

The Climate Change Risk Management Training Course will be delivered virtually, over two days, with three hours of live sessions per day (via Zoom). The presenters are experts in the field of climate change and risk management and include:

• Martin Siegert, Co-Director of the Grantham Institute and Professor of Geosciences at Imperial College London
• Dr Mark Workman, Visiting Lecturer at Energy Futures Lab; an Affiliate Researcher at the Grantham Institute for Climate Change; and the Environment and Research Fellow at the Centre for Environmental Policy, Imperial College London
• Dr Enrico Biffis, Associate Professor of Actuarial Finance at Imperial College Business School and Associate Director for Development Finance at the Brevan Howard Centre for Financial Analysis
• Martin Massey, Chair IRM's Climate Change Special Interest Group, Managing Director, OneRisk Consulting Ltd and Satarla Associate
• Dr Sarah Gordon IRMCert, IRM accredited trainer and course designer, Co-Chair IRM Innovation SIG, and CEO, Satarla Risk Management

Spaces are limited, more information here: Climate Change Risk Management Training Course

Building on world-leading expertise in the science of climate change, business management and enterprise risk management, this practical course not only allows learners to explore why managing climate change risk is important to their organisation but also how to do it.

No matter what sort of organisation you work in, you will be impacted in some way, by both the physical effects of our changing climate, and the wealth of regulations and targets we are increasingly required to meet.  Whether it is meeting the requirements outlined in the Task Force on Climate-related Financial Disclosures (TCFD) or the opportunities posed by COP26, now is the time to ensure you not only understand what your climate change risks are, but also how to manage them.

According to the World Economic Forum’s 2021 Global Risks Report: “Environmental degradation is still an existential threat to humanity - risks intersecting with societal fractures to bring about severe consequences. Yet, with the world more attuned to risk, lessons can be drawn to strengthen response and resilience”.

Senior IRM member Carol (Ouko) Misiko, CMIRM, contributes to the WEF Global Risks Report on behalf of the IRM and says:

“The IRM’s recent Global Risk Predictions highlights how climate change will impact every business and that now is the time for action ahead of COP26.

Climate change affects all businesses; the extraction of coal is controversial and will continue to be the cause of continued political risks.

The metals needed for batteries and mobile phones are in short supply and will limit production as well as create political complications.

It is likely that we will continue to see footage of flooded houses, factories and roads across the globe.    

Now more than ever, risk managers need to act, and this course provides the perfect opportunity to upskill and engage with senior thinkers on climate change.”                             

Prof. Martin Siegert, Co-Director of the Grantham Institute and Professor of Geosciences at Imperial College London, who will be teaching part of the course, says:

“Since human started burning fossil fuels at an industrial scale, and increasing the concentrations of greenhouse gases, the world has changed.

Whether we can keep global warming to 1.5C above pre-industrial levels, or let it go much higher, depends on our ability to take firm action on carbon dioxide emissions over the coming decades. Either way, the world in 2050 will be very different to today; decarbonised and clean, or well on its way to dangerous levels of warming.

Business leaders and decision makers who have the ability to build and enact policies that will resonate in the coming decades must understand the environmental risks we are facing. The only way to do this is through programmes like this, where we draw together experts from academia, industry and business to develop a common understanding of the problem. Our world's future needs such knowledge, and it needs people who are properly informed to make the necessary decisions.”

With the UK chairing the COP26 climate change conference in November risk managers will have an opportunity to be close to and influence the action.

Find out more here: Climate Change Risk Management Training Course  

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