20.09.2018
09:30
About
In June 2017, the Task Force on Climate-related Financial Disclosures (TCFD) published recommendations for transparent corporate reporting on climate-related risks and opportunities as part of financial and business reporting. The aim of the publication is to provide meaningful information on the financial implications of climate-related risks and opportunities for companies.
Scenario analysis plays a central role within the TCFD recommendations: corporate climate reporting should cover a medium- to long-term timeframe and address the expected direct and indirect impacts of climate change and the necessary transition to a low-emission economy. To address the uncertainty associated with forward-looking statements, companies should use scenario analysis to examine various possible future developments, the associated risks and opportunities, and the resilience of their own business models, and report on these transparently.
The event provides an overview of existing approaches and practical examples from companies and discusses criteria for a “standard” for meaningful scenario analyses in line with the TCFD recommendations. The practice-oriented working groups in the afternoon are designed to collaboratively address questions and challenges in the preparation of scenario analyses within companies.
Target Audience
Participation is primarily aimed at companies and financial market participants and is free of charge. Due to limited capacity, confirmation of participation will be provided following review by the organizers.
Agenda
time
Program
09:30
Registration
10:00
Opening Remarks
Sophie von Gagern, German Global Compact Network
Nadine-Lan Hönighaus, Deputy Managing Director, econsense
10:15
TCFD Scenario Analyses: Prerequisites, Existing Approaches, and Tools
Jan-Marten Krebs, Executive Board Member, sustainable AG
10:45
Corporate Case Studies: Implementation of scenario analysis, integration into risk management, and new business models (session will be held in English)
Equinor ASA
Hilde Røed, Vice President of SustainabilityPricewaterhouseCoopers
Robert Prengel, Senior Manager, Sustainability and Integrated Reporting
11:45
Panel Discussion
Criteria for “standardizing” scenario analyses in line with the TCFD recommendations – How should scenario analyses be structured so that they provide meaningful insights for the company itself and the financial sector as the “target audience”?
Union Investment
Ingo Speich, Head of Sustainability & EngagementHSBC Germany
Dr. Hendrik Pontzen, Director, Head of Institutional Client Group Germany & Austriathyssenkrupp AG
Daniel Schleifer, Senior Manager Sustainability, Environment & Energy ManagementWWF Germany
David Knewitz, Manager of Sustainable FinanceModerator: Dr. Lothar Rieth, Group Sustainability Expert, EnBW
12:45
Lunch break
13:45
Working Groups: Implementing a TCFD-Based Scenario Analysis Within the Company
Step by step: What data and information are necessary to conduct a scenario analysis?
Transparency: What can be disclosed? Where are the limits?
Selection of Scenarios: What Are Appropriate Scenarios for Companies?
15:15
Presentation of the results and conclusions
Plenary discussion
Jan-Marten Krebs, Board Member, sustainable AG
15:45
Outlook and Closing Remarks
Sophie von Gagern, German Global Compact Network
Nadine-Lan Hönighaus, Deputy Executive Director, econsense