Fee per participant: RM2,400/$800
Please note that the Ringgit price is applicable to Malaysia-domiciled participants only. Discounts are available for group bookings. Please contact us for more details.
Achieving Net Zero for Financial Institutions
Developing and Implementing Effective Net Zero Strategies
Date: 5th June 2024
Venue: DoubleTree by Hilton Kuala Lumpur
Classroom Training
Net zero pledges are not limited to the oil and gas, transportation, and energy sectors. The financial sector has a key role to play in stewarding and guiding transition efforts made by companies in these sectors. Financial institutions help their customers to decarbonize by providing access to capital investments. Without a net zero ambition, financial institutions are, in affect, hindering the decarbonization exercise. It is essential that financial institutions take the lead in transitioning towards a net zero future.
Although it is well understood that greenhouse gas emissions are detrimental to the health of the planet, financial institutions are often slow rolling out ESG risk policies and regulations, greenhouse gas (GHG) roadmaps and pledges towards net zero. For those who are responsible for the day-to-day execution of activities, the bigger challenge is to create impact towards an effective net zero. The disconnect in top-down initiatives often fails to drive net zero ambitions throughout an organization, as outlined by strategic reviews and key performance indicators.
A full-scale net zero push by senior management creates its own internal challenges, which in turn influences the impact of sustainability and ESG ambitions of any financial institution. ESG initiatives often result in banks rebranding their products and services to be green or sustainability linked. However, from the outset these products and services require new and different due diligence frameworks for different segments of customers. Unclear or ineffective contingencies towards net zero targets and ambitions further complicate the achievement of strategic goals.
Developing sustainable financial products alone is not enough. Financial institutions must set data templates and provide guidelines for clients to be able to access financing and funding for sustainable projects. In addition, there are often complexities of integrating such data and information into a financial institution’s legacy systems. Net zero ambitions should have clear milestones and calculation methods – bank customers must be made aware of those so they can make accurate disclosures. Last but definitely not least, the staff of a financial institution should also be trained to address net zero challenges not only for their own operations and duties, but for their customers and suppliers.
In short: An entire organization must transform in harmony in order to support an effective net zero transition.
Fee per participant: RM2,400/$800
Please note that the Ringgit price is applicable to Malaysia-domiciled participants only. Discounts are available for group bookings. Please contact us for more details.
If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More
Send me Details
For enquiries please contact:
Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
For sponsorship & speaking opportunities:
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
For marketing and media enquiries
Govina Selvanthran
Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22
Achieving Net Zero for Financial Institutions
Developing and Implementing Effective Net Zero Strategies
Date: 5th June 2024
Venue: DoubleTree by Hilton Kuala Lumpur
Classroom Training
Send me Details
Net zero pledges are not limited to the oil and gas, transportation, and energy sectors. The financial sector has a key role to play in stewarding and guiding transition efforts made by companies in these sectors. Financial institutions help their customers to decarbonize by providing access to capital investments. Without a net zero ambition, financial institutions are, in affect, hindering the decarbonization exercise. It is essential that financial institutions take the lead in transitioning towards a net zero future.
Although it is well understood that greenhouse gas emissions are detrimental to the health of the planet, financial institutions are often slow rolling out ESG risk policies and regulations, greenhouse gas (GHG) roadmaps and pledges towards net zero. For those who are responsible for the day-to-day execution of activities, the bigger challenge is to create impact towards an effective net zero. The disconnect in top-down initiatives often fails to drive net zero ambitions throughout an organization, as outlined by strategic reviews and key performance indicators.
A full-scale net zero push by senior management creates its own internal challenges, which in turn influences the impact of sustainability and ESG ambitions of any financial institution. ESG initiatives often result in banks rebranding their products and services to be green or sustainability linked. However, from the outset these products and services require new and different due diligence frameworks for different segments of customers. Unclear or ineffective contingencies towards net zero targets and ambitions further complicate the achievement of strategic goals.
Developing sustainable financial products alone is not enough. Financial institutions must set data templates and provide guidelines for clients to be able to access financing and funding for sustainable projects. In addition, there are often complexities of integrating such data and information into a financial institution’s legacy systems. Net zero ambitions should have clear milestones and calculation methods – bank customers must be made aware of those so they can make accurate disclosures. Last but definitely not least, the staff of a financial institution should also be trained to address net zero challenges not only for their own operations and duties, but for their customers and suppliers.
In short: An entire organization must transform in harmony in order to support an effective net zero transition.
Fee per participant: RM2,400/$800
Please note that the Ringgit price is applicable to Malaysia-domiciled participants only. Discounts are available for group bookings. Please contact us for more details.
If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More
Sunita Devi
Certified Sustainability Reporting Specialist, Certified Sustainability Assurance Specialist, Certified In Law & Sustainability, Oxford University
Sunita has consulted, trained, and moderated engagements for boards of directors and senior managers in public listed companies since 2013 on sustainability, ESG, GHG and compliance requirements. Recent assignments include engagements for YTL Corporation, AmBank, Standard Chartered, Sunway, and OCBC.
Since 2013, Sunita has trained over 10,000 participants on topics including sustainable finance, net zero target setting, and decarbonizing supply chains. Since 2008, she has written on sustainability issues and consulted to listed companies on Bursa Malaysia on the topic of the UN SDGs. Sunita has consulted on the latest developments concerning the UNPRI’s investor criteria for sustainable investments, S1 S2 alignment, climate change best practices, the circular economy (EPR) initiatives for manufacturers, UN-SDGs for aligned airport planning, and compliance over supply chain critical materials. Sunita has developed considerable experience in determining ESG performance gaps and identifying greenwashing activities through the use of materiality matrices. She advises senior management and boards of directors on related issues such as reputational risk relevant to ESG. Sunita regularly undertakes gap analytics from company annual reports and sustainability reports to help determine if organizational strategies are aligned with sustainable development requirements. As part of this process, Sunita helps organizations break down complex ESG/GHG issues to allow for functional and strategic refinements to polices, standard operating procedures, key performance indicators, control, review and reporting measures. Sunita has a master’s degree and has contributed to PhD research.
For enquiries please contact:
Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
For sponsorship & speaking opportunities:
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
For marketing and media enquiries
Govina Selvanthran
Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22