Webinar: The Emperor's New Climate Scenarios – why commonly used climate scenarios are understating risk
The recording of this webinar can be found on:
Useful links mentioned by Sandy during the Q&A segment of the webinar can be found here.
The Central Bank has suggested that "The Emperor's New Climate Scenarios" may be of use to firms developing their knowledge of climate change risks. Sandy Trust, one of the co-authors, will share key insights from the paper including some thoughts on implications for emerging practice in the area of climate scenarios and materiality analysis.
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Sandy Trust is passionate about climate change and sustainability. His personal mission is to help re-connect finance and the economy to nature and the biosphere to deliver a future worth living in.
Sandy sits on IFOA Council and is past Chair of the IFOA’s Sustainability Board. He leads IFOA research paper collaborations with Earth System scientists on climate change and sustainability topics.
He works in financial services with large investors – pension schemes, asset managers and insurance companies with typically several hundred billion dollars of assets under management - to develop and implement their approaches to sustainability – allowing them to protect value, comply with regulation and compete in this fast moving area.
He is currently Head of Organisational Risk at M&G plc, a FTSE100 investment firm, where he is the risk lead on sustainability, having previously helped a Big 4 build their financial services ESG practice. Sandy also works in the charity sector and founded the UK branch of climate action charity Protect Our Winters UK.
He lives in Edinburgh with his wife and two children and loves getting outdoors.