Sustainable Business Practices

Corporate sustainability strategy climate change Australia

Climate Change Risk Identification and Assessment Workshop

Engagement across the organisation to identify and prioritise business specific climate change risks and possible responses

Objective

To identify and prioritise company specific climate change risks

Audience: Heads of key divisions, sites and functions within the organisation
Participants: Maximum of 20
Duration: 1 day

Before the workshop, we will work with you to:

  • Determine the scope of the risk management analysis
  • Identify appropriate participants
  • Conduct preliminary one on one interviews with participants
  • Tailor our risk management methodology

Risk Identification and Assessment Workshop (Indicative Only*)

Introduction

Climate change science and physical impacts

  • The latest climate change science
  • Outline of predicted scenarios for use in later risk management analysis
  • Projected impacts focusing on areas where the organisation has its primary operations and markets

Economic and social consequences

  • Possible costs of climate change impacts
  • Consider a range of mitigation and adaptation responses

Policy developments

  • The latest local and overseas policy responses focusing on the countries where the organisationhas its primary operations and markets

Business risks and opportunities

  • Climate change risks and opportunities for business
  • Specific issues and case studies relating to the organisation's industry

Climate change risk identification and analysis

  • Brainstorming of company specific climate change risks and opportunities

Analysis of company specific climate change risks including consideration of sensitivity and mitigating factors

Prioritisation of company specific climate change risks according to the risk matrix (likelihood and consequence)

Development of an action agenda in relation to priority climate change risks and opportunities

Conclusion

Benefits

  • Shared platform of climate change understanding and awareness
  • Increased climate change literacy across the organisation
  • Engagement and input from across the organisation
  • Identification of priority company-specific risks based on likelihood
    and consequence
  • Enhanced basis for communicating the organisation's climate change
    response to stakeholders
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