Develop and execute a resilient climate change enterprise risk strategy that can be tailored to any organization with this essential guide for risk professionals and business leaders.
Stocked with a trove of different approaches, methodologies and tools, Climate Change Enterprise Risk Management equips readers with a practical roadmap for how organizations can integrate climate change into their enterprise risk strategy. It offers guidance on how to secure a robust framework that can identify and manage climate threats and opportunities for a business, how to increase the visibility of climate risk management activities at board level, and how and when to implement techniques such as policies, thresholds, mitigation strategies, monitoring capabilities and risk appetite metrics and targets. The book covers both existing best practice risk management tools and how they can be adapted for climate enterprise risk management as well as new interdisciplinary tools like stakeholder mapping. Taking an international approach, Climate Change Enterprise Risk Management is richly supported by examples, interviews and case studies representing a wide range of companies and industries including the insurance, finance, infrastructure, oil and gas, law and auditing sectors.
This is a must-read for all risk professionals and business leaders involved in developing and executing enterprise risk management and strategy. It will also be valuable reading for students taking modules on enterprise risk management and climate change, sustainable business and risk management.
Industry Reviews
"A must-read for anyone managing climate risk. The book is insightful, informative and a great one stop shop among a plethora of thought leadership out there on the topic. Most importantly, the book contains excellent practical guidance on how to incorporate climate risk management into existing risk management frameworks and equally, how to start from scratch. I will certainly be consulting it." * Susan Young, CRO, R&Q *
"Building on the existing tools and techniques of risk management Martin Massey methodically shows the reader how to encompass and embrace the challenges that climate change will bring to us all. The book is readily accessible for those new to risk management but will also bring fresh insight to those familiar with the concepts." * Roy Boukins, Group Risk Officer, Accelerant Holdings *
"Finally, here is a book which provides risk and financial professionals with a roadmap for implementing climate risk into their thinking. The book contains a host of comprehensive detail to equip readers with everything they need to achieve the business transformation that is required." * Rachel Johnson, ACCA Global *
"This book provides great insight for risk managers needing to navigate the challenges of climate change, particularly during this early exploratory stage as firms start to ramp up their expertise to improve understanding of risks and opportunities." * Judith Ellison, Business Development Manager, JBA Risk Management *
"This book explains in a very clear and methodically way how to integrate climate risks into an existing ERM and Governance Framework." * Alfa Falconi, Director Enterprise Risk | Governance, Risk & Compliance (GRC), NEOM *
"Martin Massey has written a book which will be welcomed by the risk management community, but more importantly by their children and grandchildren as we wrestle with the changes required for a net zero future. I am confident that the book will greatly help the reader to bring climate risk into their thinking including the opportunities that climate change presents to us all." * Paul Mahon, Head of Technical Development, Cornish Mutual *
"Addressing the overarching issue of how we inhabit the planet, Martin Massey's book informs and equips us superbly to develop a culture that unites everyone's positive efforts around a core consensus on climate risk. He draws together a superb array of expert insights, shows us all how to take reassuringly practical steps, and finds new opportunities for enterprise even as we engage with an existential threat." * Dr Roger Miles, Head of Faculty, UK Finance: Conduct Leaders Academy *
"Building on existing tools and techniques of risk management, Martin Massey methodically shows the reader how to encompass and embrace the challenges that climate change will bring to us all. The book is readily accessible for those new to risk management but I am sure it will also bring fresh insight to those familiar with the concepts." * Derek Thrumble, Head of Analytics, Gallagher Specialty *