eSeminar - CPT Bearing

Implications of Climate Change on Financial Institutions – Physical Risks

Overview

This eSeminar is a recorded session of the "Implications of Climate Change on Financial Institutions – Physical Risks" webinar held on 16 January 2025.

During this session, Mr. Ken Yuen, Climate Change and Sustainability Risk Consultant at Zurich Resilience Solutions, explores the substantial impact of physical risks induced by climate change on financial institutions. The course covers why these risks matter, the consequences for unprepared institutions, and the severity of such risks. It also delves into strategic measures and tools for risk management and features pertinent case studies. This session is essential for professionals in the financial sector looking to bolster their defenses against climate-related challenges.

Objective

After completing this course, you will be able to:
- Describe climate risk impact from a financial institute's perspective
- Summarise physical risk and transition risk and their disclosure requirement
- Identify implications and consequences of physical risk

Content Highlight

- Why should financial institutions be concerned about physical risks
- What are the implications if financial institutions’ clients are not prepared to address these risks
- The severity of Physical risks to financial institutions
- What could be some of the measures banks/banks’ clients can take in addressing these risks
- Case studies on physical risk implications on banks
- What could be factors to consider in minimising the risks to financial institutions
- What are the possible tools available to financial institutions to better manage physical risks

Who Should Attend

Corporate Banking RMs, Portfolio Managers, Investment Managers, Risk Managers, Finance & Control Managers, Compliance Officers, Sustainability Officers and Senior Management.

Instructor / Speaker

Ken YUEN

Ken Yuen is a Climate Change and Sustainability Risk Consultant at Zurich Resilience Solutions, where he provides climate resilience services focused on physical risk management and adaptation by leveraging Zurich’s proprietary tools and expertise in the APAC region. Prior to joining Zurich, Ken was involved in extensive sustainability consulting projects across various Asian countries, focusing on sustainability disclosure, carbon accounting, strategy planning, and risk management. Ken holds a BSc in Environmental Science from The Hong Kong University of Science and Technology and a Master's Degree in Sustainability Leadership and Governance from The University of Hong Kong. He is also an EFFAS Certified ESG Analyst (CESGA®) and holds a Certificate in Sustainability and Climate Risk (SCR) from the Global Association of Risk Professionals (GARP).

Administrative Details

Code
TEEEC25007901
Venue
ePlatform
Relevant Subject
Type 1 - Dealing in securities
Type 2 - Dealing in futures contracts
Type 3 - Leveraged foreign exchange trading
Type 4 - Advising on securities
Type 5 - Advising on futures contracts
...More
Language
English
Hours
SFC:1.00, PWMA:1.00
Fees
All Member: HK$300
Chinese Securities Association of Hong Kong (HKCSA): HK$420
Non-Member: HK$600
Staff of Corporate Member: HK$300