Programme and Dates

SESSION TOPICS

SESSION 1. The NZ Climate Standards - How and why these standards inform your strategy

• Course overview
• Overview of the NZ Climate Standards and its key requirements
• Unpacking the Strategy requirements of the NZ Climate Standards – the journey from climate risk to strategy. 

FACILITATOR:

Erica Miles, Director, West Nine Consulting

SESSION 2. Climate Change and Financial Stability - why we want to avoid a “too little too late” scenario

Climate change is, and can have, significant impacts on the economy, either directly and indirectly through the actions taken to address its impacts.

This session seeks to help participants understand the system-level impacts of climate change and its link to financial stability.

It will then outline the importance of an orderly transition, and why a “too little too late” scenario will negatively impact the financial system.

The session will conclude with a practical worked example demonstrating how climate change has the potential to impact financial performance and position at the firm-level.

FACILITATOR:

Craig Weise, Climate Investment Leader

SESSION 3. What’s the “So What” of scenario analysis - How to leverage scenario analysis to support your strategy and transition planning

As a key tool for identifying and assessing climate risks and testing the resilience of strategy, this session will: 

• Review climate change scenarios and scenario analysis
• Explore scenario analysis as a tool for identifying and assessing climate-risks and opportunities
• Explore how scenario analysis can be used to assess strategic resilience
• Outline how to use scenario analysis as a basis to quantify anticipated financial impacts
• How to include the longer-term time horizons associated with climate change into your business model and strategy. 

FACILITATOR:

Andrew Jamieson, Partner, Sustainability, Climate & Nature, PwC

SESSION 4. Transition planning - how to seize the opportunities

This session will allow participants to gain knowledge about what’s involved in successful transition planning.  The session will include:

• The purpose and role of transition planning
• How transition planning forms part of corporate strategy
• Understanding your audiences (including investors) and their expectations – does one size really fit all?
• A summary overview of key guides available including the XRB’s transition planning guide and understand their limitations
• Key elements and success factors to ensure effective and leading transition planning
• How to ensure your transition planning captures the opportunities

FACILITATORS:

Kate Wilson Butler, Director - Climate, Sustainability & ESG, Chapman Tripp

SESSION 6. Accounting for climate -  Achieving coherence between your Climate Statements and Financial Statements

This session will help participants understand the requirements in the New Zealand accounting standards relating to climate-related matters in financial statements.  This includes gaining an appreciation of:

• Determining the impact of climate-related matters in financial statements
• Achieving coherence between financial statements and climate-related disclosures
• Key differences between financial statements and climate-related disclosures
• What focus you can expect from your auditor

FACILITATORS:

Jonathan Skilton, Assurance Partner, Lead Partner Sustainability Reporting & Assurance and Tiniya du Plessis, Partner, Capital Markets Accounting Advisory Co-Leader, PwC 

SESSION 7. Expectations of the FMA 

In this session the FMA will provide participants with an overview of their expectations for Climate Statements.

FACILITATOR:

Michael van Zijl, Acting Manager, Climate Related Disclosures and Jacco Moison, Head of Audit, Financial Reporting & Climate Related Disclosures, FMA