ESG RISK MANAGEMENT MASTERCLASS

Discovering the practical risk management applications of the Environmental, Social and Governance (ESG) concepts

Discovering the practical risk management applications of the Environmental, Social and Governance (ESG) concepts

ABOUT THE COURSE

This is a 2-day instructor-led course covering the concept and understanding of Environmental, Social and Governance (ESG), and the ESG risk management applications across different sectors. Participants will understand what ESG is and its relevance to our lives, the role of government in promoting ESG Initiatives, and the role of financial institutions and enterprises in implementing ESG. In this ESG Risk Management training, participants will learn how to integrate ESG as a ERM Tool, and the application of ESG risk management process (corresponding to ISO14064-1:2018 Standard). 

Duration: 2 Days
Language: English

WHAT WILL YOU LEARN FROM THE COURSE?

At the end of the course, participants will be able to:
  • Appreciate what ESG covers and understand its relevance to our daily lives
  • Understand how Climate Change have led to increasing environmental threats and biodiversity risk
  • Appreciate social risk including diversity and inclusion and how it affects the way we treat employees in the workplace
  • Understand the issues of ethics and fiduciary duties of board and senior management in providing good governance to address ESG challenges
  • Discuss the role of governments and enterprises in address ESG especially in the post-covid environment
  • Discuss how companies can integrate ESG in Enterprise Risk Management Framework
  • Apply suitable qualitative and quantitative tools to address ESG issues
  • Discuss ESG applications in identification, quantification, mitigation, reporting and disclosure with reference to ISO14064-1:2018 Standard
  • Illustrate ESG applications with a number of practical case studies
Topics to be covered in this course include:
 

Day 1 Morning

ESG and its relevance to our lives

  • What is ESG?
  • Environmental Risk: Climate Change and Biodiversity Risk
  • Social Risk: Diversity and Inclusion
  • Governance Risk: Ethics and Board Responsibility
  • Why do ESG matter to FIs and Enterprises – the issue of sustainability
  • ESG Case Study: 2019 Covid Pandemic
Day 1 Afternoon
  • The Role of Government in Promoting ESG Initiatives
    • A Global Issue requires A Global Effort
    • ESMA Strategy on Sustainable Finance
    • UN Sustainable Development Goals (SDGs) 
    • EU Paris Agreement
    • Singapore Budget 2021 and the Green Bonds
      • E: MAS Financial Institutions Climate Related Disclosure Document
      • S: MAS Guidelines on Sustainability Finance
      • G: Revision to the MAS Guidelines on Corporate Governance
  • The Role of FIs and Enterprises in Implementing ESG Initiatives
    • Solving Global Issue starts with the Root Cause
    • Key Stakeholders in the ESG Value Chain
    • Where shall we start – ESG Governance
    • Where are we heading – ESG Strategy
    • ESG Case Study: ESG Strategy for a Financial Institution
  • Day 1 Class Activity:
    • Class to vote on their thoughts on the Paris agreement

Day 2 Morning

  • ESG as a Risk Management Tool for Companies
    • Incorporating ESG in Enterprise Risk Management Framework?
    • ESG Risk Culture
    • ESG Risk Management Process
  • ESG Applications
    • ESG Risk identification (e.g., identification of GHG sources)
    • ESG Risk quantification (e.g., calculation of GHG emission and removals)
    • ESG Risk mitigation (e.g., GHG emission reduction and removal enhancement)
    • ESG Risk reporting (e.g., GHG inventory boundaries, direct and indirect GHG emissions)
    • ESG Risk Disclosure (example of a Sustainability Report of a company)
 
Day 2 Afternoon
  • Day 2 Class Activity (ESG Workshop)
  • Divide the class into groups to discuss:
    • Current ESG practices in their companies
    • Predict the 3 ESG changes that will take place for the next 1-2 years

WHAT IS THE COURSE METHODOLOGY?

Participants will learn through lectures, case studies, group exercises, hands-on exercises and discussions. The course will be conducted in face-to-face or virtual format with a duration of 2 days. 

 

WHO SHOULD TAKE THE COURSE?

This course is specially designed for:
  • Board and senior management members
  • Head of departments
  • Risk management professionals
  • Professionals who are accountable and responsible for strategic, operational, financial and compliance of ESG risks

Pre-requisite: No prerequisite, but with prior knowledge of Enterprise Risk Management will be beneficial

WHO IS THE COURSE ADVISOR?

The course content and structure are designed by the domain experts from TÜV SÜD.
With immense experience and knowledge in the relevant standards, our team of product specialists and technical experts at TÜV SÜD, developed the course content based on current business landscape and market requirements.

 

Meet your trainer, Mr. Raymond Cheung:

 

 

Raymond has over 20 years of professional experience in actuarial, risk management, fund management, supply chain financing, financial technology as well as ESG and sustainability. He is a professional risk management, compliance and ESG trainer in Asia.

 

 

WHAT ARE THE BENEFITS OF ENROLLING IN THIS COURSE?

  • World-class training – by learning from TÜV SÜD’s industry experts and training specialists
  • Interactive learning style – with interactive formats such as lectures, illustrations and simulations are used
  • Networking opportunity – where you can meet and build network with like-minded individuals at our instructor-led training
  • Gain a competitive edge – by getting trained by experts known in the fields of safety, security and sustainability

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