fastTrack: Organisational resilience - Approaching the transition: a golden opportunity for business

Climate change is already having adverse impacts. Net-zero obligations, geopolitical risks, energy and food price volatility, as well as climate impacts on people and nature, all drive an urgent need to transition. Organisation resilience depends on it.

Aside from the peril of business as usual, risk managers and senior leadership have a golden opportunity to capitalise on the trillions of dollars that will be invested across the global transition.

Transition plans need credibility and integrity, which means risk managers need to understand the risks associated and how to successfully navigate the complexities.

This session will cover the significance of transition plans for achieving net zero emissions. It is aimed at any risk manager or business leader considering, beginning or on the transition journey. We will cover:

• The importance of the transition
• The business opportunity
• A definition of transition finance and de-risking access for business
• How to navigate transition plans and their benefits
• The common transition challenges and strategies to overcome them, including examples and avoiding bear traps.

By the end of the session, you will be able to:

• Take action to navigate the complexities of the transition
• Demonstrate to senior leadership that the transition is strategic
• Define transition finance and de-risking opportunities
• Assess transition plans for initial credibility and integrity
• Avoid bear traps and address early challenges of transition plans

Speakers –

Adam Reed, Managing Director, Large & Complex Risks, Howden

Dr Tony Rooke, Executive Director and Head of Transition Planning, Climate Risk and Resilience, Howden