Climate Scenario Game: Nature risk in the boardroom
Sign up for this eventIn partnership with the Global Association of Risk Professionals (GARP) and the Climate Governance Initiative (CGI), our latest interactive online scenario game will explore nature-related risks.
For 90-minutes act on the board of a global food manufacturing company and time travel through to 2030 as you make real-time strategic decisions for this company over the next decade.
The outcomes of your votes will be discussed by our panel of experts who will provide insights into emerging nature-related dilemmas and the complex interconnections with climate change.
On the panel will be a non-executive director with experience of these challenges in the real economy, a lawyer, an investor and a nature expert. Julie Baddeley, Chair of Chapter Zero, will introduce the session and Jo Paisley, President of GARP Risk Institute, will narrate and moderate the scenario game.
Can you guide this board as they transition towards a nature positive future?
Tim Smith
Lead Investment Stewardship Manager- Climate Change, Norges Bank Investment ManagementTim is the climate change lead in Norges Bank Investment Management’s (NBIM) Active Ownership team. As part of the fund’s mandate, NBIM’s climate action plan works on the intersection of climate change and financial markets at three levels – market level, portfolio level and company level. This latter approach with companies is covered by NBIM’s climate change expectations. Before joining NBIM, Tim worked as a climate change analyst at Lazard Asset Management and spent over a decade in J.P.Morgan’s markets business.
Nigel Brook
Partner and Consultant, Clyde & CoNigel is a Consultant at the London office of Clyde & Co, an international law firm. He specialises in reinsurance and is a founder member of the firm’s climate risk practice and (more recently) its ESG practice. His principal focus is on the risks companies face due to climate change, the energy transition and nature/biodiversity loss, including risks posed by litigation and regulations. He was a co-author of the firm’s report on Biodiversity Liability and Value Chain Risk, in collaboration with the Global Resilience Partnership.
Karen Ellis
Chief Economist, WWF-UKKaren is Chief Economist at WWF-UK, and a member of WWF’s Global Finance Practice Leadership Team. She oversees a cross-organisational programme of work focusing on how to transform the financial and economic system for sustainability. She has represented WWF on the UK Government’s Transition Plan Taskforce, and on the Green Technical Advisory Group which advised the UK Government on the green taxonomy. Karen is an economist with 25 years’ experience in the public and private sectors.
Roberto Silva Waack
Board member, Marfrig, Wise Plasticos, Synergia & ArapyauRoberto has over 35 years’ experience as senior executive of pharmaceutical and forestry companies. He is currently serving on the boards of agribusiness, forestry and circular economy companies including Marfrig, Braskem-Wise Plasticos, Tupy, SuperBid and Re.green. He is Chairman of the philanthropic think tank Arapyau, a member of the Strategic Board of the Science Panel for the Amazon and an Associate Fellow of Chatham House (London). Roberto was previously a board member of the Forest Stewardship Council (FSC), Global Reporting Initiative (GRI), WWF Brasil, Ethos Institute Brazil, Funbio (Brazilian Biodiversity Fund) and was a founding member of the Brazilian Coalition for Climate, Forests and Agriculture and the Brazilian Coalition for the Amazon.
Jo Paisley
President, GARP Risk InstituteJo has worked on a variety of risk areas at GRI, including stress testing, operational resilience, model risk management, and climate and environmental risk. Her last role was as a Director of the Supervisory Risk Specialist Division within the Prudential Regulation Authority. She was heavily involved in the design and execution of the U.K.’s first concurrent stress test in 2014. Jo has also previously worked as an independent stress testing consultant, advising firms on how to get the most value out of stress testing.
Julie Baddeley
Chair, Chapter ZeroJulie is Chair of Chapter Zero, the UK Directors’ Forum, and of the Governing Board of the Climate Governance Initiative. She is also director of FTSE 250 automotive supplier TI Fluid Systems plc and Senior Independent Director of Marshall of Cambridge. Julie has served on the boards of major organisations in the public and private sectors for 25 years. She was previously Director of Greggs plc, Ebiquity plc and Yorkshire Building Society, Chair of global recruitment company Harvey Nash, and Director of Camelot Group plc.