Webinar Series I: Primer on Climate Governance

Synopsis

What you will learn:

Climate risks have been recognised as the top financial risk facing businesses. As long-term stewards of organisations, what is the duty of directors in addressing this ?

How can boards adopt climate governance?

How can we navigate the alphabet soup of ESG reporting standards?

Global warming has compelled corporate attention on physical climate risk and resilience building. This first of a 3-part webinar series of primers describes the fiduciary duty that non-executive directors of boards have in addressing physical climate risks, which are material financial risks that represent a critical business challenge, and opportunity.

The primers will also explain why directors and boards should embark on the climate-related financial risk reporting journey sooner than later. Increasingly, corporations are expected to disclose the material physical, economic transition and litigation-related risks associated with climate change on their financial position, performance and prospects, in a consistent form, that would be useful for decision-making of investors, lenders and insurance underwriters.

Agenda

Keynote I: Why Climate Governance Is Urgently Needed by Dr Kalanithi Nesaretnam

Keynote II: Overview Of ESG Reporting Standards By Tunku Alina Alias

Panellists: Sharmila Segaran and Khor Yu-Leng

Moderator: Datuk Seri Johan Raslan

Contributors

Dr Kalanithi Nesaretnam is an independent non-executive director of FGV Holdings. She was formerly Minister / Regional Manager MPOB, Embassy of Malaysia and Mission of Malaysia to the European Union.

Tunku Alina Alias serves as director (independent and non-independent) on the boards of several public listed and private companies in Malaysia, and is involved in non-profit work through her membership with MOSTA and CGM. She is passionate about environmental, climate and biodiversity related issues and believes in integrated thinking when engaging with the boards and management of the companies she serves. She is also a lawyer and a mediator.

Sharmila Segaran is an independent non-executive director of Top Glove, a partner in the law firm of Jerald Gomez & Associates, with areas of practice in Intellectual Property, Banking Litigation, Corporate Advisory and Family & Estate Claims, and a consultant to the RIM Group.

Khor Yu-Leng is an Associate (Sustainability) at Singapore Institute of International Affairs as a lead on haze - climate change and ESG reports. She is also an independent non-executive director of Rohas Tecnic Berhad and an economics consultant at Segi Enam Advisors Pte Ltd. Her work has been presented at the European Commission, United Nations Industrial Development Organization, Oslo University, ETH Zurich (Singapore), L'Ecole des Hautes Etudes en Sciences Sociales, Cambridge University, and at the ISEAS-Yusof Ishak Institute.

Datuk Seri Johan Raslan was formerly executive Chairman of PwC Malaysia, is currently a director at the Institute of Corporate Directors Malaysia, a member of the Securities Commission's Audit Oversight Board and an independent director and Audit Committee Chairman at Sime Darby Property Berhad.