4 March 2020  |  ExCel London

Space4Climate is taking part in Futurebuild from 3–5 March 2020. Futurebuild is renowned as THE built environment event where brands of all sizes can share innovations, from products, to processes and solutions, with over 27,000 industry influencers and shapers.

Background

In response to a call from G20 leaders, the Financial Stability Board established the Taskforce on Climate-Related Financial Disclosures (TCFD) to enhance transparency on the financial risks to investors from climate change. The TCFD published guidelines for voluntary reporting, and the UK Government formally endorsed the TCFD recommendations in 2017. In its Green Finance Strategy published in 2019, Government signalled an expectation for all listed companies and large asset owners to report under TCFD guidelines by 2022. In parallel, the UK Government set out a commitment to achieve net zero carbon emissions by 2050, making the UK the first major economy to do so.

Stand: Pufferfish just outside the Arena

Talk: Climate risk disclosure – what are the financial and asset impacts of physical climate change?

Arena, 04 March 10:45-12:00

Session: Climate Risk Disclosure: implications and climate services for asset owners

Event chair: Natalya Tueva, Director, Sustainable Finance, Commercial Bank UK at HSBC.

Session recording available on Soundcloud.

Purpose of the session

  • Provide overview of emerging drivers for climate-informed decision making including climate-related financial risk disclosure.
  • Discussion about how building asset owners can adequately protect themselves to mitigate liability and the physical and transition risks associated with climate change.
  • Promote understanding of the risks to asset owners and how these may change over the lifetime of their assets.

Part 1: Welcome, sustainable financing and emerging drivers and standards

Including latest ISO standards and guidance related to climate change adaptation and GHG emissions.

  • Chair’s welcome
    Natalya Tueva | Director, Sustainable Finance, Commercial Bank UK at HSBC
  • Green Finance Strategy
    Edward Hogg | BEIS | Download the presentation (PDF 290Kb)
  • Spatial Finance Initiative
    Dr Matthew McCarten | Spatial Finance Lead at the Smith School, Oxford | Download the presentation (PDF 280Kb)
  • ISO 14090 and the importance of capacity in adaptation
    Doogie Black | Trioss/ClimateSense | Download the presentation (PDF 146KB)

Part 2: Overview of projected changes in climate across regions and risks to building stock and observed impacts across the country

Will cover implications for those involved in developing, maintaining, operating, and owning building assets in London. (30 minutes)

  • The state of the built environment in a changing climate
    Kathryn Brown | Committee on Climate Change | Download the presentation (PDF 450Kb)
  • Safe as houses: Making social homes safe in a changing climate
    Richard Lupo | MIEMA, CEnv, Managing Director, Suss Housing | Download the presentation (PDF 230 Kb)
  • Using satellite data to support climate risk disclosure
    Briony Turner | Space4Climate group | Download the presentation (PDF 820Kb)
  • Climate risk disclosure for asset portfolios
    Natalia Ford | TfT | Download the presentation (PDF 820Kb)

Part 3: Examples from practice and research

Addressing physical, liability, and transition risks from climate change, and climate datasets and services to support organisations in risk disclosure. (20 minutes)

  • Climate change adaptation action in London
    Kristen Guida | Manager, London Climate Change Partnership | Download the presentation (590Kb)
  • Old buildings new climate. Understating the vulnerability
    Keith Jones | National Specialist Climate Change for the National Trust | No slides used
  • Climate risk disclosure reporting and green finance in practice
    John Davies | Derwent London | Download the presentation (750Kb)
  • UCL Student Centre – innovative and climate resilient construction in the heart of Bloomsbury
    Ben Stubbs | Senior Sustainability Manager, UCL Estates | Download the presentation (550Kb)

Part 4: Panel discussion: How to support the built environment sector to tackle the impacts of climate change and transition to a low-carbon economy

 

Drinks reception

This will be followed by a MESH drinks reception in the VIP Lounge 17:30-19:30 – registration essential.