The Foundation of ISSB – Uncovering the Climate Risk Conundrum
Day 2 : 10:00 – 11:15
Starting January 1st 2025, all listed companies under HKEX will have to align with the IFRS S2 climate-related disclosures published by the International Sustainability Standards Board (ISSB).
Is your company aware and ready to report on its climate objectives?
This interactive workshop aims to lead executives and businesses through a step-by-step breakdown of IFRS S2 reporting requirements and make its implementation accessible to you. With an all-rounded game structure you will learn how to implement climate risk mitigation vertically across various levels within a company, take on an exciting business persona and delve into a dynamic business case to sharpen your problem-solving skills and executive management.
A better understanding of climate risk mitigation is the first step in making your company agile and adaptable to survive the sustainability and climate risks to come, join our workshop to enhance your journey.
Learnings:
- Give you the operational foundation knowledge to start integrating IFRS S2, TCFD and climate risk into your work.
- Encourage players to integrate physical and transitional climate risk mitigation into a dynamic business model.
- Test and refine your analytical and problem solving skills within an intensive risk environment.
Post-Event Actions:
- Gain understanding of the governance, strategic, risk management and metric requirements of IFRS S2 reporting standards in Hong Kong, emphasizing the significance of holistic integration of sustainability in corporations.
- Importance of incorporating views of various stakeholders across the organization, through increased data transparency, for good internal governance and improved resilience towards climate risk.
- Understanding the necessity for ESG analysis and planning for businesses to adapt to the climate crisis
Speakers
Iyla Davis
Event Team Officer
Network of Environmental Student Societies
Iyla Davis
Network of Environmental Student Societies
Event Team Officer
Iyla is a second-year student at the University of Hong Kong studying a Bachelor of Arts and Sciences, with a focus in Sustainability and Politics. Iyla previously studied at United World College Thailand, founding an environmental advocacy and beach cleaning organization and working on a provincial plastic-bag ban alongside the Phuket government. Through the youth-led organization, she managed and curated events to educate others about the importance of waste management to combat plastic pollution. Now, Iyla is a member of the NESS events team, collaborating on events such as the BEC x NESS Green Jobs Fair and Hong Kong Climate Emergency Summit, promoting climate literacy and career pathways in sustainability for Hong Kong youth.
My sustainability goals for 2024:
Overconsumption is a huge issue in Hong Kong, leading to excess waste and pollution. Recent trips to Sai Kung’s remote beaches have left me devastated, white sand barely visible underneath mounds of washed-up plastic waste. While ocean currents can transport others’ waste to our shores, it is a harsh reminder that disposal of waste does not equate to disappearance. While I am excited to see the potential impact of the new MSW charging scheme, I hope to see not only greater awareness about the volume of waste we produce individually, but for corporations to take responsibility for the waste they enable. I hope to see an accelerated transition towards low-impact, biodegradable packaging for businesses, and an increasing effort to prioritise environmentally conscious production to reduce stress on landfills.
Pranati Kirupakaran
Events Team
Network of Environmental Student Societies
Pranati Kirupakaran
Network of Environmental Student Societies
Events Team
Pranati is an penultimate year Economics student, also pursuing a minor in sustainability, looking work within the field of Sustainable finance.
Through her capacity at NESS she has hosted a public policy workshop at HKU during Hong Kong Climate Emergency Summit 2024 and also a skills-building and networking session in collaboration with LinkedIn. Her involvement within NESS spans through many more of NESS’ educational and community building events as well – she is passionate about bridging the gap between youth, corporates and governments to further our environmental pursuits.
My sustainability goals for 2024:
- Increased issuance of Sustainability Linked Loans and Bonds by financial institutions and corporates to finance their transition plans to Net-zero
- Gaining momentum in the clean energy realm following Hong Kong’s first hydrogen-powered double-decker bus.
- An effective and educational roll-out of the waste management scheme to limit the use of single use plastics and their harmful effects
Supported by
Network of Environmental Student Societies
NESS is a youth-led organization that advances the local climate movement by raising awareness, building capacity, and connecting youth with stakeholders. Through intergenerational collaboration, NESS curates conferences and workshops to equip youth with climate action knowledge and skills. Besides climate education, NESS focuses on green jobs to bridge the gap between businesses and youth.
Our sustainability goals for 2024:
- To bridge the current gap between sustainability youth talents and businesses in the arising green job market
- To empower more youth to take climate actions from their respective backgrounds or professions
- To establish more intergenerational collaboration and partnership for meaningful youth participation in climate actions and initiatives
General Enquiry Email Address: info@nesshk.org
