Climate-Related Disclosures Masterclass Series

1 Day CRD Masterclass

2 Day CRD Masterclass


Sustainable Finance Masterclass Series
Leading in the climate transition – continuing the journey

Two-day course to equip directors and senior executives with more knowledge and a deeper understanding of how to practically apply the strategy disclosures in the Climate Standards.

12th and 13th March 2024
Pullman Hotel
Regatta A
Corner Waterloo Quadrant & Princes Street
Auckland City 


2-DAY PRACTICAL COURSE

15 hours CPD
In person: with morning and afternoon tea, lunch provided and networking drinks at end of day 1

Leading in the climate transition
continuing the journey 

  • How is your organisation positioned to enhance its resilience through robust transition planning?
  • Is your organisation equipped to maximise the opportunities from the transition?
  • Are your Financial Statements fully aligned with your Climate Statements?

This unique and focused INFINZ masterclass will provide senior executives with the further practical skills to understand the impacts of climate change on your business model and strategy, and equip you with more knowledge needed to ensure your transition planning builds resilience and leverages the opportunities. 


Benefits & Outcomes

This course seeks to equip senior executives with more knowledge and a deeper understanding of how to practically apply the strategy disclosures in the Climate Standards and the key learning outcomes include: 

  • Unpacking the strategy disclosure requirements of the Climate Standards – the journey from risks to strategy
  • Understanding how the risks of climate change can impact your organisation’s financial stability
  • Maximising scenario analysis as a tool to determine the current and anticipated risks and impacts climate change may plausibly have on your business model and strategy, and how to use the analysis to test strategy resilience
  • Being cognisant of the key legal considerations when making forward-looking strategy and financial disclosures and how to practically mitigate these risks
  • Gaining knowledge on what’s involved, and how to be successful, in transition planning
  • Learning how to financially quantifying the current and anticipated financial impacts
  • Applying the concept of materiality to your Climate Statements
  • Appreciating the links between your Climate Statements and your Financial Statements.

Programme OBJECTIVE

The objective of the strategy disclosures in the Aotearoa New Zealand Climate Standard is to enable your primary users understand how climate change is impacting your organisation, and how it may do so in the future.  These disclosures are also about describing how you will position your organisation as the economy transitions to a low-emissions, climate-resilience future state.  It’s clear that a ‘Business as Usual’ response will no longer suffice and that collectively need to build organisational resilience. 

This masterclass provides a focused ‘deep dives’ into the strategy disclosure requirements of the Climate Standard, including scenario analysis as tool to improve resilience, how to go about transition planning, the financial quantification of impacts, and the links between Climate Statements and Financial Statements.  


WHO SHOULD ATTEND

The course is tailored to senior executives and other corporate professionals with an interest in understanding how to successfully transition their organisation.  It is expected the course would be of most benefit to senior professionals such as: 

  • Chief Executive Officers
  • Directors
  • Chief Financial Officers and Treasurers
  • Heads of Strategy and/or operations
  • Chief Risk Managers
  • Legal Counsel and Investor Relations
  • Senior Sustainability Managers
  • Strategic, legal and financial advisors to the C-suite. 

PRE-REQUISITES

A basic understanding of the Aotearoa New Zealand Climate Standards is preferred.  

PROGRAMME & DATES

12th and 13th March 2024
Pullman Hotel
Regatta A
Corner Waterloo Quadrant & Princes Street
Auckland City 

Arrival Time: 8.45am
Time: 9am - 5pm
Drinks: at end of day 1, finishes 7pm

SESSION TOPICS OF THE 2 DAY CLASS

  1. The NZ Climate Standards - how and why these standards inform your strategy
  2. Climate Science Fundamentals for Business - why and how a changing climate really matters
  3. Climate Change and Financial Stability - why we want to avoid a “too little too late” scenario
  4. Climate Risk Management
  5. Practical Strategies to Mitigate Greenwashing and Other Legal Risks
  6. Materiality - Applying the concept of materiality to your Climate Statements
  7. What’s the “So What” of Scenario Analysis - how to leverage scenario analysis to support your strategy and transition planning
  8. Transition Planning - how to seize the opportunities
  9. From Impact to Financial Impact - how to quantify the financial impacts
  10. Accounting for Climate - achieving coherence between your Climate Statements and Financial Statements
  11. Expectations of the FMA

Day 1 

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 Science Fundamentals for Business - why and how a changing climate really matters

This session will provide participants with an overview of climate science and climate change risks. This includes helping participants gain an appreciation of the sheer magnitude of the impact and appreciate just why climate change will have a profound impact on your business.  

Key topics will include:

  • How rapidly the world is warming and how net-zero concepts align with estimates of expected warming
  • What are the key ways the climate system is changing and when changes are happening more quickly than predicted
  • Current climate modelling as they apply to business
  • What are some key questions to ask those providing advice on physical risks in Aotearoa New Zealand. 

FACILITATOR:

Luke Harrington, Senior Lecturer in Climate Change, Waikato University


SESSION 3. 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 4Climate Risk Management

This session will provide participants with an introduction to climate risk management.  

This session will cover:

  • Integration of climate into your existing Risk Management Framework – elements and expectations
  • Outline key tools and methods to identify and assess climate risks
  • How to determine which tools and methods are most appropriate for your business
  • How to choose your time horizons and why this matters
  • How to correctly define key climate risks and opportunities within the context of the Climate Standards
  • Selecting and integrating key climate risk metrics

FACILITATOR:

Ross ListonCrucible & Co Ltd


SESSION 5. Practical Strategies to Mitigate Greenwashing and Other Legal Risks

This session will provide participants with an awareness of the key legal and reputational risks associated with making forward looking statements, including projections of anticipated financial impact, the disclosure of potentially confidential information around strategy, and the costs of executing that strategy. 

The session will then outline practical strategies for mitigating these risks.  It will include potential approaches and tools that can be used to practically support your organisation, and its directors, such as peer reviews and assurance.

FACILITATORS:

Nicola SwanPartner, and Alana LampittPartner - Environmental and Resource Management, Chapman Tripp


Day 2

SESSION 6. Materiality - Applying the concept of materiality to your Climate Statements

Materiality is a concept outlined in NZ CS3.  In this session, participants will gain an appreciation of:

  • Materiality, within the context of Climate Statements
  • Understand the differences between financial materiality, climate materiality, and strategic materiality
  • Key considerations when making materiality judgements

FACILITATOR:

Erica Miles, Director, West Nine Consulting


SESSION 7. 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 JamiesonPartner, Sustainability, Climate & Nature, PwC


SESSION 8Transition 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:

Jack Bisset, Policy Manager, XRB and Kate Wilson Butler, Director - Climate, Sustainability & ESG, Chapman Tripp


SESSION 9. From impact to financial impact - how to quantify the financial impacts

Filling the gap from ambition to action:

  • Methodology - utilising your existing financial models – pros and cost
  • Translating your key risks and opportunities to identify and assess the key financial impacts
  • How to quantify the current and anticipated financial impacts
  • Applying and disclosing judgements and assumptions
  • How to provide information which is decision useful to your investors/Primary Users 

FACILITATORS: 

David Phillips, Director, Accounting & Reporting Advisory and Rikki Stancich, Partner, Deloitte


SESSION 10. 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 SkiltonAssurance Partner, Lead Partner Sustainability Reporting & Assurance and Tiniya du Plessis, Partner, Capital Markets Accounting Advisory Co-Leader, PwC 


SESSION 11Expectations of the FMA 

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

FACILITATOR:

Michael van ZijlActing Manager, Climate Related Disclosures, FMA






Speakers

West Nine Consulting

Chapman Tripp


Deloitte

Deloitte


Chapman Tripp

Chapman Tripp


External Reporting Board

University of Waikato


Climate Investment Leader

Crucible & Co Ltd


Cost & Registration

TWO-DAY MASTERCLASS
15 HOURS CPD

Tea, coffee, morning tea and lunch provided
- plus networking drinks and nibbles 

INFINZ member price
$1610 including GST


Non-member price
$2012.50 including GST


Places are limited and will be provided on a first in first served basis. 

SPECIAL OFFERS

INFINZ MEMBERS ONLY:

10% discount for alumni from previous INFINZ CRD masterclasses
25% discount for members located outside of the Auckland Region
10% discount where three or more register from the same organisation

Please note - only one of the above discounts applies to any one registrant

Refund Ts & Cs 
Tickets must be paid before the Masterclass takes place, otherwise your ticket is not guaranteed
Tickets can be transferred to another person at any time without penalty (provided they are from the same charging group)
Full refund if cancelled more than 28 days prior to conference
50% refund if cancelled between 14 and 28 days prior
25% refund if cancelled between 7 and 14 days prior
No refund if cancelled within 7 days of the event



CONTACT details AND HOW TO REGISTER

Email Faith Taylor on support@infinz.com to register

or

Iona Gibbs on admin@infinz.com to enquire about membership

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