By the very nature of their businesses and operations, financial institutions are intrinsically exposed and linked to the consequences of important concepts such as climate change. How institutions choose the assets they finance, the tools and structures they use, how they operate and how they report on their activities is crucial to measuring and managing how sustainable a financial institution is deemed to be. To ensure this process takes place effectively, the development and implementation of a robust sustainability framework is a vital part of the management and governance of a modern financial institution.

This two-day intensive physical program will review key risks, including climate risk, and how they affect and influence a financial institution. The program will also examine how the effective identification of these risks can assist a financial institution in pinpointing where and how sustainability can be further incorporated into their businesses and activities, and what the operational response to climate stress and shocks should be. The course will examine key regulatory initiatives and their implications for developing sustainability frameworks. Sustainability disclosure and reporting requirements will be covered in detail, as will be the practical mitigation of greenwashing.

• Key Learning Outcomes:
  • Dealing with unexpected climate-related risks, stress and shocks
  • Understanding sustainability principles and their impact on financial services
  • Assessing the response of the Islamic financial services sector to climate risk
  • Developing strategies for enhancing financial market resilience
  • Examining sustainability reporting and disclosure for Islamic financial institutions
  • Establishing benchmark sustainability disclosures for banking, capital markets and Takaful
  • Identifying and mitigating Greenwashing risks