The Climate Leadership Journey

This webinar introduces the climate leadership journey and climate risk basics. Details of the journey are:

Baselining: Calculate the greenhouse gas footprint of your company and products and map the material risks to your business;

Strategy and vision: Define a vision and strategy to embrace climate leadership as an opportunity based on material risks;

Target setting and pathways: Set stretching yet realistic goals such as Science Based Targets (SBTs), 100% Renewable Energy (RE100) or climate neutrality;

Mitigation and adaptation: Mitigate transition risks through emissions reductions, renewable energy and compensation, and adaptat to physical risks;

Disclosure and monitoring: Report aspirations and achievements, and align to CDP, TCFD & GRI requirements;

Advocacy: Explore innovations and collaborations to influence peers and customers on their climate leadership journeys.

Important implications of climate risk on regulation, directors’ duties, debt markets, equity markets, emissions reduction policy are also discussed.

 

Learning Outcomes

1. Understand what the climate leadership journey is and what its most important elements are:

Baselining

Strategy and vision

Target setting and pathways

Mitigation and adaptation

Disclosure and monitoring

Advocacy

2. Be across recent trends and developments relating to climate risk, such as

Climate risk disclosure and reporting in light of regulation and investor expectations, including the Bloomberg Task Force on Climate-Related Financial Disclosure (TCFD); recommendations of the Australian Accounting Standards Board (AASB) and Auditing and Assurance Standards Board (AUASB); guidance issued by the Australian Securities and Investment Commission (ASIC). Physical risk

Directors’ duties: standard of care, fiduciary duty and climate change, as well as climate litigation

Debt markets: shareholder activism, Black Rock, Climate Action 100+, Sustainable Finance Action Plan

Equity markets: integration of climate risk into mainstream sovereign, sub-sovereign, corporate and facility ratings assessments; divestment; incorporation of climate risk into country risk assessments

Emissions reduction policy: Paris Agreement, Article 6, CORSIA, carbon pricing, transition risk, UNFCCC, COP26, Queensland Land Restoration Fund

Benefits

This webinar series will equip participants with an understanding of how organisations can take climate action to build organisational resilience in the context of global warming and growing climate risks. Participants will learn the basic principles of greenhouse gas accounting and its role in setting effective sustainability targets that can direct organisations onto a decarbonisation trajectory in order to do their part in reducing global emissions and meeting the goals of the Paris Agreement.