Course Duration
4 Days (28 hours, Incl.1.5 hour assessment)
Course Fee
S$2,725 (inclusive of GST), per participant
More Information
Medium of Instruction: English
Mode of training – Instructor-Led (Synchronous) – Onsite or Online
Pass Criteria – 10 MCQs and 5 Open-ended questions (at least 80% achievement)
Venue:
20 Bendemeer Rd, #04-06 BS Bendemeer Centre, Singapore 339914
Course Objective
The ESG Risk Management Masterclass is a 4-day instructor-led program designed to provide participants with a comprehensive understanding of Environmental, Social, and Governance (ESG) principles and their practical application in risk management across various sectors. Through interactive sessions, case studies, and discussions, attendees will explore the relevance of ESG in today’s world, the impact of climate change and social risks, and the governance responsibilities of leadership. The course also covers the integration of ESG into Enterprise Risk Management (ERM) frameworks, along with qualitative and quantitative tools for addressing ESG challenges. Participants will learn to apply ESG risk management processes aligned with the *ISO 14064-1:2018 Standard*, enabling them to identify, assess, mitigate, and report ESG risks effectively in their organizations.
Course Outline:
Day 1
ESG and its relevance to our lives
- What is ESG?
- Environmental Risk: Climate Change and Biodiversity Risk
- Social Risk: Diversity and Inclusion
- Governance Risk: Ethics and Board Responsibility
- Why does ESG matter to FIs and Enterprises – the issue of sustainability.
- ESG Case Study & Class Discussion
Day 2
- The Role of Government in Promoting ESG Initiatives
- A Global Issue requires A Global Effort
- ESMA Strategy on Sustainable Finance
- UN Sustainable Development Goals (SDGs)
- EU Paris Agreement
- Singapore Budget 2021 and the Green Bonds
- E: MAS Financial Institutions Climate Related Disclosure Document
- S: MAS Guidelines on Sustainability Finance
- G: Revision to the MAS Guidelines on Corporate Governance
- The Role of FIs and Enterprises in Implementing ESG Initiatives
- Solving Global Issue starts with the Root Cause
- Key Stakeholders in the ESG Value Chain
- Where shall we start – ESG Governance?
- Where are we heading – ESG Strategy?
- ESG Case Study: ESG Strategy for a Financial Institution
- Class to vote on their thoughts on the Paris agreement.
Day 3
- ESG as a Risk Management Tool for Companies
- Incorporating ESG in Enterprise Risk Management Framework?
- ESG Risk Culture
- ESG Risk Management Process
- ESG Applications
- ESG Risk identification (e.g., identification of GHG sources)
- ESG Risk quantification (e.g., calculation of GHG emission and removals)
- ESG Risk mitigation (e.g., GHG emission reduction and removal enhancement)
- ESG Risk reporting (e.g., GHG inventory boundaries, direct and indirect GHG emissions)
- ESG Risk Disclosure (example of a Sustainability Report of a company)
Day 4
- Day 2 Class Activity (ESG Workshop)
- Divide the class into groups to discuss:
- Current ESG practices in their companies
- Predict the 3 ESG changes that will take place over the next 1-2 years.