Director lens on climate risk and opportunity

Overview

Recording date - 28 July 2022

On 28 July, we took a deep dive into Principle 4 of the World Economic Forum Climate Governance Principles: Material risk and opportunity assessment.

Participants learned how to incorporate climate considerations into their company’s assessments of material risks and opportunities in the short, medium and long term.

This webinar session shared a practical approach to using data and insights to make risk assessments, discussed incorporating climate scenarios into decision making by boards, and explored outcomes from effective climate risk assessment.

The session was hosted by Rikki Stancich, Director – Climate & Sustainability at Deloitte, and featured a panel conversation with directors from the tourism sector: Laurissa Cooney, Chair of Tourism Bay of Plenty and Co-Chair of the NZ Visitor Economy Adaptation Roadmap; and Jan Hunt, Chair of Skyline Enterprises and board member of Tourism New Zealand.

Rikki Stancich discussed how organisations could ensure that management teams were appropriately assessing climate-related risks and opportunities, and that decisions made at the board table were proportionate to the risk.

Laurissa Cooney and Jan Hunt contributed a director’s perspective on how their boards were approaching climate risk governance. While the insights had a tourism focus, they were relevant to all sectors examining risk and opportunity assessments.

Speakers

- Rikki Stancich, Director – Climate & Sustainability at Deloitte
- Laurissa Cooney, Chair of Tourism Bay of Plenty and Co-Chair NZ Visitor Economy Adaptation Roadmap
- Jan Hunt, Chair of Skyline Enterprises and Tourism New Zealand board member
- Kirsten (KP) Patterson, IoD CE | Facilitator