Bank’s Boards and Senior Executives have now wholly accepted the importance of environment, society and governance (ESG) issues as an urgent organisational imperative. Banks know they must now move from making ESG pledges, to taking sustainable action.
As the world seeks to address climate change and environmental threats, assurance of the sustainability of the bank, including how Boards and Senior Executives are leading the transition to a lower carbon economy, is crucial. It also linked to how well they support management and staff in championing the transformation of bank culture, policies, strategies and practices, in response to new and challenging ESG and climate-related priorities.
Customers, governments, regulators, investor groups and key stakeholders are pushing harder for bank governing bodies and Senior Executives to now embrace complex ESG concepts, respond to new ESG reporting and regulatory requirements, and demonstrate that they are managing ESG related risks whilst responding positively to emerging opportunities to add long-term value.
Banks must ensure their business models are adapted and sustainable. They must also be able to assess the ESG credentials of their clients as a key criterion in new lending decisions and portfolio strategy; aligning their financing strategies with the goals and timelines of the Paris Agreement. This must all be managed under an effective risk governance framework.
This course will be a catalyst for bank leaders to transform their mindset; it will help bank leaders to meet their ESG and climate change challenges.
This course is for bank boards, non-executives, senior executives and leadership teams responsible for taking the organisation forward towards sustainable performance.
On completion, you will be able to:
- Understand ESG, sustainability and climate change concepts and global drivers
- Outline international and local standards, requirements and laws, and their impact on banks
- Meet ESG and climate-related financial disclosure reporting requirements
- Develop a balanced portfolio of ESG policies and strategies to deliver sustainable environmental and societal impacts
- Reassess the expectations of bank shareholders and private investors, and assess risks and new opportunities around raising capital for sustainable investment
- Direct a strategic review of sectoral and client lending and lead the dialogue with clients around their green transition plans
- Manage ESG risk through an enhanced risk governance and integrated assurance framework
- Undertake reviews of bank governance, board and senior executive effectiveness, and competency framework and succession plans adapted to ESG factors
- Corporate Governance in banks – standards, codes and frameworks, roles and behaviours, trends and the global context of ESG, Sustainability and Climate Change
- Implications for banks: compliance, standards, reporting requirements, strategic re-assessment, business risk and opportunities
- Task force for Climate-related Financial Disclosures (TCFD) – key tenets and implications for banks
- Understanding ESG/Green stakeholder perspectives and managing green stakeholders
- Understanding the bank’s exposure to environmental, physical climate, social, societal and transition risks
- Driving the green transition - decreasing funding to carbon-intensive enterprises, identifying opportunities for carbon-positive project financing and for new product innovation
- Leading key client engagement around ESG transition plans
- Adapting risk governance and integrated assurance frameworks for ESG and climate risk
- Assessing senior team performance and effectiveness against ESG criteria and expectations; adapting competency framework and succession plans to ESG factors
All courses will be conducted entirely in English. A proficient level of both spoken and written English is required by all delegates so that they are able to fully benefit from the course and participate in our interactive style of training.