CLIMATE RISK

& TCFD
A comprehensive guide to climate-related financial
disclosure and portfolio analysis

Dates:
27-28 April 2020             
23-24 September 2020
London

Contact:
[Link] Learning partner of
+44 (0)20 7017 7190
cs@[Link]
The financial impact of climate change is the key topic ABOUT IFF
in financial risk management and disclosure today. IFF has been the chosen training provider of the world’s
Authorities, such as the Prudential Regulatory Authority best finance professionals since 1991. We are part of
and BoE are imposing regulations on financial institutions Informa PLC and the learning partner of the Fund Forum
to adequately and quantitatively assess climate-related series of events.
risks and opportunities on equity and credit portfolios. • W
 e continually develop and improve our training to make
it more effective for you
The PRA recently included scenarios for physical and
transition climate risks in its guidelines for life insurance • Y
 ou’ll learn from practising, highly-experienced financial
and general insurance stress tests, being first to influence experts
regulatory requirements. PRA and the Financial Conduct • Y
 ou’ll experience interactive and practical training -
Authority (FCA) developed the Climate Financial Risk implement what you learn straight away
Forum, including banks, insurers, asset managers, other
• W
 e limit class sizes so the trainer can adapt the content
financial stakeholders, to promote capacity building and
to suit you
knowledge sharing for responding to financial climate
risks. The Task Force for Climate Related Financial Please see the Investment Management catalogue to see
Disclosure (TCFD) has developed a powerful framework the full range: [Link]/INVCAT
and the EU action plan on sustainable finance is readily
taking it up. The sooner you assess how prepared your
team is, the better. DATES & PRICE
This course provides you with a complete overview of 27-28 April 2020 (FLF5444)             
the requirements and the implementation of climate 23-24 September 2020 (FLF5445) 
risk analysis and disclosure. Covering the background
to the subject, regulation and detailed portfolio analysis
steps to fulfil disclosure requirements. You will learn £1,999 plus VAT = £2,398.80
the requirements for portfolio analysis, approaches and *Discounts available for group bookings – email cs@iff-training.
adequate tools. com for details

YOU WILL LEARN

. «The regulatory requirements on climate risk
disclosure and likely developments in the future REGISTER
. «The approach to quantitative asset and portfolio- +44 (0)20 7017 7190
based climate risk and opportunity analysis cs@[Link]
. «How to design and conduct a portfolio analysis [Link]
project from scoping to disclosure
. «How to integrate analysis and disclosure as an BOOK ONLINE HERE
automated and continuous process
. «How to read and compare climate risk disclosures
from investees
. «The way ahead of risk analysis and reporting for the IN-COMPANY TRAINING
whole set of sustainable development goals IFF’s bespoke training solutions will help you
address your specific key business challenges.
The programme is designed for you, with content
COURSE LEADER focusing on the issues you and your teams are
CHRISTIAN SPINDLER facing. The course can then be delivered at your
Christian Spindler is a recognised expert choice of location face-to-face, digitally or a
in climate risk analysis and management. combination of the two.
After gaining both a PhD in Physics and
an MBA, Christian Spindler has gained . T
 ailored content - 100% targeted to cover your
extensive experience in the data science and needs
AI industries. He has also delivered a broad . N
 o travel or time out of the office – we will come
range of management consulting for data to you
analytics in financial services with his latest . V
 alue for money – train teams of staff at the
role as Senior Manager at PwC. same time
With his software and modelling company, Christian was . R
 isk free – we’ve been doing this for over 30 years
awarded Winner of the ClimateLaunchpad competition in
Germany in 2019. Christian and his team are highly active in We will meet you anywhere in the world.
implementing TCFD analysis for major banks and real economy Please contact Jeff Hearn (Managing Director)
companies in Central Europe. He is particularly passionate on +44 (0)20 7017 7190 or 
about training and spreading the word about financial climate email: [Link]@[Link]
risk analysis as a way to contribute to make society and
businesses more resilient.
COURSE AGENDA
An Introduction to Climate Risk Assessment Practice Examples from the Industry
• What are the financial risks of climate change? • HSBC Pension: Typical pension fund
– Definition of physical and transition risks • AXA asset management from a global insurer’s perspective
– Understand the different time scales of climate risks • Landsec climate risk analysis from a real estate viewpoint
– How are climate risk metrics mapped to financial numbers? • Climate risk disclosure of oil and gas companies
• Examples of divestment as a reaction to climate risks • Strengths and weaknesses of today’s solution landscape
– Allianz
– BlackRock EXERCISE:
– European Investment Bank Exploring the TCFD knowledge hub

EXERCISES:
– Estimate climate-related GDP damage for different
markets under different climate scenarios The Use of Scenario Models
– Discuss possible impact on asset values and possible • Climate economy models
impact on financial markets stability • Interests and expectations from scenario-based disclosure
• Challenges to corporate transparency, comparability,
completeness
Legal Background in the UK, Continental Europe and the • Enhancing the understanding and use of scenarios
Rest of the World
• BoE / PRA’s policies EXERCISE:
• France’s article 173 Using a scenario designer to understand how scenarios
• EU non-financial reporting guidelines and law-making process are constructed and what they mean. Use the provided
• Climate risk disclosure at major ex-Europe financial hubs toolset to perform a quantitative, scenario-based
analysis of risks and opportunities in your portfolio
EXERCISE:
Group Discussion on current experience with financial
climate legislation around the globe Implementing Financial Climate Risk Portfolio Analysis
and Disclosure
• Phased approach
The TCFD Framework and Recommendations • Scoping of analysis
• How is the TCFD set up and what is its relation to other • Tool and scenario selection
frameworks • Execution of analysis
– EU taxonomy • Embedding climate risk assessment into regular risk
– EU NFRS management process
• Details of the TCFD framework
• TCFD recommendations for Financial Services EXERCISES:
• Introduction to scenario analysis as key building block of risk Design a blueprint approach (incl. roadmap) for TCFD
assessment analysis implementation

EXERCISE:
Map the TCFD framework to your portfolio and perform Likely Developments within Climate Risk
a qualitative estimation of risks and opportunities • Internal knowledge build-up for climate risk and opportunity
management
• Extension of disclosure requirement along the supply chains and
Evaluating Climate Risk towards SMEs
• Legislation is striving for Net-Zero emissions from building • Inclusion of biodiversity risk
emissions by 2050 (NL) • Extension to SDG investment
• Politics issues subsidies for electric car purchase (DE) • Strategic opportunities for the Net-Zero transition
• A process company is unable to continue production in an • Optimising risk and investment strategies for the Net-Zero
extended heat wave (DE) transition
• A country’s agrobusiness is suffering three years of drought in a
row (DE)
• A global machine producer is supplying coal mining equipment
(AUS)

Dates: Contact:
27-28 April 2020              [Link]
23-24 September 2020 +44 (0)20 7017 7190
London cs@[Link]
 IFF Training is accredited by the British Accreditation Council (BAC). The British Accreditation Council
is recognised internationally and provides the clearest mark of educational quality and excellence.
Accreditation by BAC is recognised by the UK Border Agency so the fact that IFF is BAC-accredited
SHORT COURSE PROVIDER
ACCREDITATION SCHEME

should help with your visa application.

CPD Certified:

IFF is recognised by the CPD Certification Service and have been approved to award CPD points towards
professional development certifications. Attendance at this course will earn you 40 CPD points.

COURSES IN THE IFF

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Learn how to identify, structure and finance
lucrative sustainable impact investments

Dates: Contact: Dates: Contact:

Dates: Contact: Learning partner of Learning partner of Dates: Contact:
4-5 May 2020 [Link] Learning partner of 20 April 2020 [Link]
19-20 March 2020 [Link] 19-20 October 2020 Tel: +44 (0)20 7017 7190 30 September - 4 October 2019 [Link]
21 September 2020 +44 (0)20 7017 7190
8-9 October 2020 Tel: +44 (0)20 7017 7190 London Email: cs@[Link] 20-24 April 2020 +44 (0)20 7017 7190
London cs@[Link]
London Email: cs@[Link] London cs@[Link]

VALUING THE MECHANICS OF THE MECHANICS OF

TECHNOLOGY PRIVATE
THE MECHANICS OF
RENEWABLE
BUSINESSES VENTURE ENERGY
A practical guide to contemporary valuation techniques EQUITY CAPITAL
POSTGRADUATE CERTIFICATE POSTGRADUATE CERTIFICATE POSTGRADUATE CERTIFICATE
DELIVERED BY DISTANCE LEARNING OVER 16 WEEKS DELIVERED BY DISTANCE LEARNING OVER 16 WEEKS DELIVERED BY DISTANCE LEARNING OVER 20 WEEKS
Dates: Contact:
Learning partner of
18-20 May 2020               [Link] Dates: Contact: Dates: Contact: Learning partner of
Dates: Contact:
30 September – 2 October 2020 +44 (0)20 7017 7190 12 February 2020 [Link]
Learning partner of Learning partner of
18 March 2020 [Link] 4 March 2020 [Link]
London cs@[Link] 15 July 2020 Tel: +44(0)20 7017 7190 3 June 2020 Tel: +44(0)20 7017 7190 16 September 2020 Tel: +44(0)20 7017 7190
Email: cs@[Link] 18 November 2020 Email: cs@[Link] Email: cs@[Link]

See the website for full details [Link]

IFF is the learning partner of