Agenda
Day 1
4.6.2025
6.4.2025
-
Coffee and Registration
-
Opening Address from the Chair
-
SUCCEED IN RESPONDING TO REGULATIONS SUCH AS THE SFDR TO AVOID PENALTIES
-
Keynote
Explore the impact of upcoming regulations on climate risk stress testing to see what adaptations are mandatory
- Understand how to improve scenario analyses to align with regulations and avoid penalties
- Ensure scenarios are relevant and are able to highlight the most dangerous physical risks to address, which can be difficult to identify
- Create more scenarios to test for, considering upcoming regulations, to ensure operational standards are met
Stéphane Dees
Head of Climate Economics Unit
Banque de France
Against
Stéphane Dees
Head of Climate Economics Unit
Banque de France
Panelists
Stéphane Dees
Head of Climate Economics Unit
Banque de France
-
Case Study
Tackle upcoming climate risk regulations to minimise compliance risks and avoid financial losses.
- Ensure operations are compliant with upcoming regulations such as the TCFD disclosure
- Align more efficiently with regulators to avoid penalties and create clarity on how to operate
- Onboard new regulations seamlessly to ensure compliance and understanding across the organisation
Clint Azzopardi Flores
Head of ESG
Bank of Valletta
Against
Clint Azzopardi Flores
Head of ESG
Bank of Valletta
Panelists
Clint Azzopardi Flores
Head of ESG
Bank of Valletta
-
Networking and Refreshment Break
-
Case Study
Operate in accordance with regulatory requirements and frameworks to maximise operational efficiency and accuracy.
- Meet the demands of EU SFDR and EU taxonomy to maintain operational accuracy to regulations
- Adopt a more holistic approach to climate risk awareness to improve wider risk management
- Strengthen data collection mechanisms to gather more accurate and detailed risks
Diana Hmelevska
Head of ESG Risk
Swedbank Baltics
Against
Diana Hmelevska
Head of ESG Risk
Swedbank Baltics
Panelists
Diana Hmelevska
Head of ESG Risk
Swedbank Baltics
-
DEVELOP ACCURATE CLIMATE RISK REPORTING TO HIGHLIGHT THE LARGEST RISKS TO REGULATORS SO THEY CAN CREATE MORE SCENARIOS ON THE MOST VOLATILE RISKS
-
Provide clear metrics and targets on climate reporting to maintain a sustainable pace with meeting targets
- Set measurable, time-bound climate goals to hit targets and stay compliant
- Report progress regularly to highlight realistic time frames on issues
- Align metrics with industry best practices and make sure they are measurable in terms of tangible outcomes
- Report on Scope 1, Scope 2 and Scope 3, and outline plans to reduce emissions in line with global climate goals such as The Paris Agreement
Sondre Myge
Head of ESG
SKAGEN Funds
-
Lunch Break
-
Heighten transparency and consistency in climate risk reporting to create clarity with regulators
- Ensure that climate risk disclosures are clear, consistent and easily accessible to stakeholders, to demonstrate ethical operations
- Acknowledge data gaps or assumptions made in climate risk assessments to highlight where further research or data collection is needed
- Align Climate risk disclosures with sustainability goals to build trust with stakeholders
Anna Asikainen
Head Sustainability and Climate Risk Framework, Executive Director
UBS
-
Comply with reporting frameworks such as the TCFD in order to adhere to mandates and avoid financial losses
- Follow recognised standards such as the TCFD and CSRD, to ensure compliance.
- Ensure consistency and transparency in reporting to reveal key issues to regulators.
- Estimate and disclose the potential financial impact of climate risks to highlight the largest risks.
Liza Botha
Head of Climate Risk
Nedbank
-
Networking and Refreshment Break
-
INTEGRATE CLIMATE RISK INTO ESG FRAMEWORKS TO ACHIEVE A BROADER UNDERSTANDING OF HOW CLIMATE RISKS AFFECT EACH ASPECT OF ESG.
-
Panel Discussion
Integrate climate risk factors into broader ESG frameworks to achieve a holistic and comprehensive approach
- How should you align with global standards such as the TCFD and SFDR, to stay compliant?
- What is the best method of incorporating robust governance structures to ensure clear accountability and integration of climate considerations at board level?
- How should you efficiently and effectively use quantitative metrics to measure and report on climate risks, crucial for assessing exposure and risk resilience?
Julie Fawcett
Head of Enterprise & Operational Risk Management
Flow Traders
Effy Ritter
Head of Climate Risk/TCFD Delivery
European Bank for Reconstruction and Development
Diana Hmelevska
Head of ESG Risk
Swedbank Baltics
Victoria Walker
Sustainability Officer
ILX
Against
Julie Fawcett
Head of Enterprise & Operational Risk Management
Flow Traders
Effy Ritter
Head of Climate Risk/TCFD Delivery
European Bank for Reconstruction and Development
Diana Hmelevska
Head of ESG Risk
Swedbank Baltics
Victoria Walker
Sustainability Officer
ILX
Panelists
Julie Fawcett
Head of Enterprise & Operational Risk Management
Flow Traders
Effy Ritter
Head of Climate Risk/TCFD Delivery
European Bank for Reconstruction and Development
Diana Hmelevska
Head of ESG Risk
Swedbank Baltics
Victoria Walker
Sustainability Officer
ILX
-
Evaluate transition risks and integrate these into ESG frameworks to ensure regulatory compliance
- Evaluate how transition risks can impact your portfolios to prevent potential losses from investments in stranded assets or regulatory penalties
- Account for the technological transition to cleaner, low-carbon alternatives
- Analyse market shifts and transition to more sustainable business models
Gianluca Dall'Arche
Head of Climate & Environmental Risk Management
Gruppo Bancario Cooperativo Iccrea
-
Closing Comments from the Chair and End of Day 1
Day 2
5.6.2025
6.5.2025
-
Coffee and Registration
-
Opening Address from the Chair
-
Keynote
Enhance governance, risk management, and ESG oversight to improve efficiency
- Ensure board of directors and senior management are actively involved in overseeing climate risks. Effective governance is crucial to the integration of climate risk into ESG frameworks
- Embed climate risk into the ERM, to increase overall awareness
- Establish mechanism for ongoing monitoring of climate risks and integrate these into the regular ESG reporting cycles
Julie Fawcett
Head of Enterprise & Operational Risk Management
Flow Traders
Against
Julie Fawcett
Head of Enterprise & Operational Risk Management
Flow Traders
Panelists
Julie Fawcett
Head of Enterprise & Operational Risk Management
Flow Traders
-
Panel Discussion
Evaluate physical climate risks and how they affect ESG, in order to avoid financial losses
- How should you accurately estimate the financial impacts of extreme weather events on the ESG framework?
- How should you effectively utilise the adaption strategies of ESG frameworks to mitigate physical risks?
- What is the best method to disclose how you identify, assess and manage physical risks to allow investors, regulators and stakeholders to understand the institution’s resilience to these issues?
Gianluca Dall'Arche
Head of Climate & Environmental Risk Management
Gruppo Bancario Cooperativo Iccrea
Sondre Myge
Head of ESG
SKAGEN Funds
Chithra Namboodiri
Global Head of ESG Risk Analytics
HSBC
Against
Gianluca Dall'Arche
Head of Climate & Environmental Risk Management
Gruppo Bancario Cooperativo Iccrea
Sondre Myge
Head of ESG
SKAGEN Funds
Chithra Namboodiri
Global Head of ESG Risk Analytics
HSBC
Panelists
Gianluca Dall'Arche
Head of Climate & Environmental Risk Management
Gruppo Bancario Cooperativo Iccrea
Sondre Myge
Head of ESG
SKAGEN Funds
Chithra Namboodiri
Global Head of ESG Risk Analytics
HSBC
-
Networking and Refreshment Break
-
ADVANCE MODELLING STRATEGIES TO ACCOUNT FOR DIFFERENT CLIMATE RISKS AND ENSURE ALL FACTORS ARE TAKEN INTO CONSIDERATION
-
Panel Discussion
Test for physical risks to avoid catastrophe to infrastructure
- How should you communicate with regulators to have a better understanding of physical risk scenarios?
- What is the best method of creating more lucrative and useful scenarios internally, based off past events and current data such as predicted sea level increase forecasts?
- How should you precisely assess how effective standardised tests are for physical risks?
Sondre Myge
Head of ESG
SKAGEN Funds
Liza Botha
Head of Climate Risk
Nedbank
Against
Sondre Myge
Head of ESG
SKAGEN Funds
Liza Botha
Head of Climate Risk
Nedbank
Panelists
Sondre Myge
Head of ESG
SKAGEN Funds
Liza Botha
Head of Climate Risk
Nedbank
-
Highlight the most important transitional risks to increase effective preparation
- Communicate with FSB, ECB, EBA and PRA to gather relevant information for the purpose of stress testing
- Evaluate how transition risks can impact your portfolios to prevent potential losses from investments in stranded assets or regulatory penalties
- Assess current carbon emissions to highlight the current distance from carbon footprint goals
Effy Ritter
Head of Climate Risk/TCFD Delivery
European Bank for Reconstruction and Development
-
Lunch Break
-
Ensure that climate risk stress testing standards are met to avoid penalties and heighten risk identification
- Use standardised tests to meet industry standards and requirements of testing
- Communicate with other institutions to identify the most lucrative testing scenarios
- Compare internal tests to standardised ones to assess quality gaps
Christoffer Kok
Head of Stress Testing
European Central Bank
-
Case Study
Understand and quantify the link between carbon risk (policy risk) and bond prices
- Discuss how climate change-related risks can impact asset prices
- Evaluate the framework which highlights how the actual impact of such risks can be quantified
- Apply the framework to the asset class of corporate bonds, to assess the extent to which climate (transition) risks are contained in bond prices
Jan-Carl Plagge
Head of ESG Research
Vanguard
Against
Jan-Carl Plagge
Head of ESG Research
Vanguard
Panelists
Jan-Carl Plagge
Head of ESG Research
Vanguard
-
MAXIMISE STRESS TESTING EFFICIENCY TO HIGHLIGHT THE MOST FINANCIALLY DAMAGING CLIMATE RISKS THAT YOUR INSTITUTION IS EXPOSED TO.
-
Case Study
Use both standardised and internal scenarios to widen results of climate risk tests
- Standardise scenarios to benchmark your climate risk assessments against global best practices
- Internal scenarios allow modelling for climate risks that are more specific to the institution’s operations
- Use standardised scenarios to compare your results with other institutions and assess the level of your performance
Sahil Joshi
Director
Macquarie Group
Against
Sahil Joshi
Director
Macquarie Group
Panelists
Sahil Joshi
Director
Macquarie Group
-
Networking and Refreshment Break
-
Panel Discussion
Identify a wider range of the most volatile risks in stress testing, by using higher quality scenarios and data
- How should you gather and use higher quality data for climate risk scenario generation?
- What is considered as a higher quality scenario for the purpose of risk identification in stress testing?
- How do you know what the most volatile risks are that are produced from extensive stress testing?
Sahil Joshi
Director
Macquarie Group
Clint Azzopardi Flores
Head of ESG
Bank of Valletta
Christoffer Kok
Head of Stress Testing
European Central Bank
Against
Sahil Joshi
Director
Macquarie Group
Clint Azzopardi Flores
Head of ESG
Bank of Valletta
Christoffer Kok
Head of Stress Testing
European Central Bank
Panelists
Sahil Joshi
Director
Macquarie Group
Clint Azzopardi Flores
Head of ESG
Bank of Valletta
Christoffer Kok
Head of Stress Testing
European Central Bank
-
Workshop
How to gather information about new regulations sooner, in order to increase the adaption time frame, and make more effective changes to the business model
- Learn how to identify future regulations quicker, to avoid potential losses
- Gather the skills to navigate climate stress testing in a precise way that is aligned with regulations
- Recognise that having more time to prepare and align with new regulations is crucial to operational success and loss aversion
- Gather tools and increase confidence that changes can be made to operations in response to regulations, before it is too late to avoid financial losses
Marc Irubetagoyena
Head of Group Stress Testing and Financial Simulations
BNP Paribas
Against
Marc Irubetagoyena
Head of Group Stress Testing and Financial Simulations
BNP Paribas
Panelists
Marc Irubetagoyena
Head of Group Stress Testing and Financial Simulations
BNP Paribas
-
Closing Comments from the Chair and End of Day 2