Mon 18 Sept 2023 - Sitting at the top of the investment chain, pension funds, insurers, and other asset owners steward citizens’ savings. How do these pools of capital manage their supply chain in the context of climate change? Do they take an enterprise risk management approach that takes a holistic view based on a clear understanding of how the risks may materialise? How do asset owners view risks and opportunities as they seek to meet their objectives?
In this webinar chaired by Nozipho Gazi, Andrew Griffiths (Director of Policy & Partnerships, Planet Mark) and Mike Clark (Founder Ario Advisory, a responsible investment advisory firm) will discuss real-world risks and opportunities in the context of the pension fund supply chain and climate change.
How well do the established supply chain and ERM concepts apply in the investor world? Do those investing strategically embrace enterprise risk management as they look along their supply chain, and if so, how? How do they assess the impact of their investing in the real economy on the citizens whose savings they steward?”
The panel discussion will conclude with a Q&A.
Planet Mark
Andrew Griffiths is Director of Policy and Partnerships at Planet Mark, a sustainability certification that supports organisations and real estate to measure and continually reduce carbon emissions, and increase their social value.
He chairs the Institute of Directors National Sustainability Taskforce and was a member of the UK Government’s COP26 Small Business Taskforce, as well as the Advisory Board for the Global Sustainability Film Awards.
Having delivered a TEDx talk on the power of meaningful networking, he is a big believer in the power of communication and how it can be used to drive climate action.
Mike Clark is Founder Director of Ario Advisory, a responsible investment advisory firm. Working mostly across the finance sector in the UK and elsewhere, Mike’s work focuses on climate and, currently, systemic risk (two types: societal vs financial).
He is a Visiting Fellow at the University of Exeter, and a member of the IFoA Lifelong Learning Risk Committee. One of the authors of the USS/Exeter No Time To Lose narrative climate scenarios, he is also one author of the more recent CMP (Climate Majority Project) set of 3 narrative climate scenarios for insurance.
He views the investment aspects of fiduciary duty through a Risk/Opportunity lens. Pension actuaries might wish to consider the implications of the Great Abandonment scenario, where insurance seems to reside at present, and the implications for their clients’ (and their own!) fiduciary duty.
Nozipho Gazi is a Senior Actuary at the Bank of England and works on insurance policy. Prior to working at the bank, Nozipho spent over 10 years working in consulting and industry, with experience across pensions, longevity modelling, and enterprise risk management. Nozipho is a Fellow of the IFoA, Chartered Enterprise Risk Actuary (CERA), and a member of the IFoA Committee for Lifelong Learning in Risk Management.