Climate Risk & Response: Governance, Reporting & Assurance
Enrol
1 day
-ʱDz
ʹڲƱ CBD Campus, Sydney
$1,100.00
$935.00*
* Available for group bookings of 3 or more.
Accelerate your career, learn new skills, and expand your knowledge.
First in Australia for research excellence and impact.
Global top 20 university (QS World University Rankings, 2024–2026)
Overview
From 1 Jan 2025 Australian business will need to undertake the mandatory disclosure of climate related financial information where it relates to areas such as governance, strategy, and risk management, as well as the metrics and targets used to measure and report on these. ASIC has acknowledged this as one of “the biggest changes to financial reporting … in a generation”.
This new requirement presents both a challenge and an opportunity to position yourself and your organisation as a leader in climate risk management. To help you navigate this shift the ʹڲƱ Institute for Climate Risk and Response (ICRR) is offering a course specifically designed to guide you through the crucial changes that the new legislation entails.
The course is delivered by an internationally renowned team of experts in climate change, risk analysis, accounting, audit, and governance. Drawing on ʹڲƱ’s multi-disciplinary expertise from the Faculties of Science, Business, and Law & Justice, and with extensive experience of supporting organisations - both private (ASX 200) and public sector – the ICRR’s team are uniquely placed to help you understand, design, and execute effective climate strategies and disclosure into an organisation’s operations.
Location
This course will be held at our ʹڲƱ CBD Campus in Sydney, NSW. Our ʹڲƱ CBD Campus is located at the Poly Centre, Level 4 / 210 George Street, Sydney.
Course content
Pre-Workshop: Participants receive essential reading materials to prepare for the session.
Part 1: Governance
Topics include: the Paris Agreement, domestic policy environment, sovereign risk, available governance frameworks and guidelines, best practice governance, avoiding greenwashing, and communicating climate science and uncertainty in organisations
Part 2: Strategy and risk management
Topics include: the materiality risk lens, risk identification and assessment, using scenario analysis to test business strategy, and risk response definition
Part 3: Metrics and targets
Topics include: scope 1, 2 and 3 emissions and other risk metrics, net-zero and other targets, using carbon credits, integrating climate-related risks and opportunities in the financial statements, and communicating uncertain climate information to external parties
Part 4: Assurance
Topics include: current assurance standards, types of assurance and assurance opinion, other credibility enhancing mechanisms, and preparing climate-related data for assurance
Post-Workshop: Participants receive additional materials to deepen their understanding.
Learning outcomes
By completing this course, you will be able to:
- Describe developments in the current international and domestic climate regulatory environment
- Identify gaps between climate science knowledge and climate risk perception for both internal and external stakeholders
- Apply key skills necessary to ensure the credibility of climate information
- Evaluate best practice reporting using real-world examples, including:
- Understanding why climate science and a systems-based perspective is fundamental to a strategically effective organisational response
- Comparing and contrasting a risk-based lens with a compliance-based lens
Who should attend
This course is designed for people who:
- Are beginning on the climate risk journey and want to avoid the pitfalls of a highly complex and novel domain.
- Need a deeper understanding of climate risk to excel in their roles.
- Seek to implement impactful climate actions and apply research-driven insights.
- Are considering a career (including board-level) transition, and require specialised training in climate risk and response.
Prerequisites:
There are no prerequisites for this course.
Facilitators
Dr Tanya Fiedler
Tanya is a Scientia Fellow at theʹڲƱ Institute for Climate Risk and ResponseandSchool of Accounting, Auditing and Taxation, ʹڲƱ Sydney.
Tanya is recognised internationally as a pioneering expert in the field of climate risk accounting and accountability. Her research considers the translation and integration of information derived from climate and earth system sciences to accounting values and practice. She has published in leading interdisciplinary and accounting journals, including Nature Climate Change, Energy Economics, and Accounting, Organizations and Society.
Tanyaengages deeply with industry, standard setters, and regulators, both through her research as well as in an advisory capacity. Her work has been cited in the 2023 Economic Report of the President of the United States, as well as by the World Bank and Asian Development Bank.
