Who likes expensive beer?

Tue 05 Sep 2023 -
08:30 - 09:30

This talk covers how to build a sustainable, financial and economic system to deliver a future worth living in. The session will look at the big picture, including:

  • why sustainability is better for beer prices and asset returns
  • macro-economic and real-life impacts of climate-scenarios tipping points
  • physical climate risk tipping points and positive socio-economic tipping points
  • the intersection with climate, messages from COP15
  • implications and opportunities for actuaries
  • impacts for actuarial work and opportunities for actuaries to contribute to solutions.

Speakers: Sandy Trust, Kaisie Rayner and Rosanna Harvey-Crawford

Chair: Sarah Ivory

Watch the recording

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Sandy Trust is passionate about climate change and sustainability. His personal mission is to help re-tool the financial system to deliver a future worth living in. He is passionate about this because we have a capital allocation problem: unless we change the way we think about investing, we will be unable to solve the climate and sustainability crises.

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. Sandy helps them to develop and implement their approaches to sustainability, allowing them to protect value, comply with regulation, and compete in this fast moving area.

Sandy is past Chair of the UK actuarial profession’s Sustainability Board. He was the first ESG hire into EY’s UK Financial Services business, helping to build its consulting capability in this space. He is Head of Organisational Risk at M&G plc, a FTSE 100 investment firm, where he is the risk lead on sustainability. 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.