Task Force for Climate Related Financial Disclosures

1. Course Brief

 Introduction/Background

- Recognizing the need for assessing the financial implications of climate change

- Growing demand for climate-related disclosure standards

- Task Force on Climate-related Financial Disclosures established by FSB

 Introduction to financial implications of climate change

- Climate-related risks

- Climate-related opportunities

- Financial Impacts

 Recommendations of the Task Force on Climate-related Financial Disclosures

- Governance

- Strategy

- Risk Management

- Metrics and Targets

- TCFD’s principles for effective disclosures

- Climate scenario analysis

 Case study discussions

- Preparing business for climate-related risk

- Board oversight of climate-related risk and opportunities -

- Understanding climate risk to supply chains

- Reporting on 2- and 4-degree scenario analysis

- Effective assessment and management of relevant climate-related risks and opportunities

2. Outcome

 Capacity to understand and manage climate related risks and opportunities

 Capacity to prepare the TCFD and other climate related disclosures

 Capacity to include climate risk in Enterprise Risk Management

3. Schedule

Date &Time Topic

01st day 0-90 minutes  Introduction/Background climate change impacts and financial implication

01st day 90-180 minutes  Case study discussions

- Preparing business for climate-related risk

02nd day 0-90 minutes  Recommendations of the Task Force on Climate-related Financial Disclosures

02nd day 90-180 minutes  Case study discussions

- Understanding climate risk to supply chains

- Reporting on 2- and 4-degree scenario analysis

03rd day 0-90 minutes  Case study discussions

- Board oversight of climate-related risk and opportunities

- Effective assessment and management of relevant climate-related risks and opportunities

03rd day 90-180 minutes  Case study discussions

Preparing a TCFD for multi locational organization including assessment of financial impacts

4. Trainers Profiles

Dr. P. Rambabu

Dr. Rambabu, presently CEO of RSM GC Advisory Services, has been a thought leader in the Asian Sustainability and Climate Change movement and his previous roles include Managing Director at CantorCO2e Asia and Head of Sustainability and Climate Change practice in Asia at PricewaterhouseCoopers and leadership roles at NEERI.

He has over 35 years of experience in consulting, research and teaching in governance, CSR and climate change. He has led over 300 sustainability assignments, including impact assessment &valuation for various national and international business organizations and governments. He has been advising the Government of India and state governments as also Judiciary in much environmental litigation. He has published over 100 research papers in reputed journals and conferences covering resource economics, systems modelling, artificial intelligence and physics.

Mr. Sumantra Sen

Mr. Sumantra Sen is a senior management executive, with over 25 years of progressive experience in leading strategic transition of large investment programs. He is a specialist in Responsible Finance and Impact Investing, with expertise in harnessing technological innovations and partnerships for managing complex investment scenarios. At RSM GC, Mr. Sumantra leads the ESG Practice, providing high-quality ESG due-diligence and bespoke advisory services to investors and corporates for effective engagement in managing extra-financial factors.