🛡️ Global ESG Risk Strategy Training & Qualification: Integrated Risk Management for Financial and Corporate Resilience

Module 1: Foundations of ESG Risk and Materiality

ü  Defining ESG risk and its evolution in corporate strategy

ü  Distinguishing between impact risks and financial risks (Double Materiality)

ü  The process of ESG materiality assessment for risk prioritization

ü  Categorizing ESG risks (Physical, Transition, Operational, Reputational)

ü  Investor expectations regarding ESG risk strategy and disclosure

ü  Practical Session: Identifying the top five material ESG risks for a specific industry sector

 

Module 2: Integrating ESG into the Enterprise Risk Management (ERM) Framework

ü  Mapping ESG risks onto the existing ERM framework

ü  Aligning ESG risk strategy with ISO 31000 principles

ü  Defining risk ownership and accountability for ESG issues

ü  Integrating ESG into the risk register and dashboard

ü  Using the risk matrix for prioritizing ESG threats

ü  Practical Session: Redefining a traditional risk register to include two climate and two social risks

 

Module 3: Climate Risk I: Identifying Physical and Transition Risks

ü  Defining Physical Climate Risks (acute and chronic)

ü  Defining Transition Risks (policy, legal, technology, market, reputation)

ü  Mapping operational exposure to specific climate hazards (e.g., floods, heat stress)

ü  Assessing market and technological obsolescence risk due to low-carbon transition

ü  Differentiating between direct and indirect climate risks

ü  Practical Session: Mapping a company’s assets against a severe weather risk database

 

Module 4: Climate Risk II: TCFD Governance and Strategy Pillars

ü  Overview of the Task Force on Climate-related Financial Disclosures (TCFD)

ü  TCFD Governance Pillar: Board and management oversight of climate risk

ü  TCFD Strategy Pillar: Assessing the actual and potential impacts of climate risk

ü  Integrating climate risk into strategic planning and budgeting

ü  Case studies on effective TCFD implementation

ü  Practical Session: Drafting a TCFD-compliant statement on board oversight of climate risk

 

Module 5: Climate Risk III: TCFD Risk Management and Metrics Pillars

ü  TCFD Risk Management Pillar: Process for identifying, assessing, and managing climate risk

ü  TCFD Metrics and Targets Pillar: Key indicators for measurement and monitoring

ü  Calculating Scope 1, 2, and 3 GHG emissions as a key metric

ü  Utilizing carbon pricing mechanisms in risk modelling

ü  Linking targets to long-term climate goals

ü  Practical Session: Setting a verifiable, time-bound GHG emissions reduction target

 

Module 6: Scenario Analysis and Stress Testing for Climate Risk

ü  Purpose and methodology of climate-related scenario analysis (e.g., 1.5°C vs. 4°C pathways)

ü  Identifying key variables and assumptions for scenario models

ü  Stress testing financial statements under various transition scenarios

ü  Communicating the results of climate scenario analysis internally and externally

ü  Integrating forward-looking ESG risk strategy into disclosure

ü  Practical Session: Developing key inputs for a physical risk scenario focused on chronic water stress

 

Module 7: Social (S) Risk I: Human Capital and Labor Risk

ü  Identifying risks related to human capital management (e.g., high turnover, skills shortage)

ü  Assessing labour practices risk (forced labour, wage theft, unionization)

ü  Measuring and mitigating Diversity, Equity, and Inclusion (DEI) related risks

ü  Governance of employee health, safety, and well-being

ü  Reporting human capital risk using relevant frameworks

ü  Practical Session: Assessing the reputational risk associated with a high employee turnover rate

 

Module 8: Social (S) Risk II: Community and Reputational Risk

ü  Risks arising from community opposition and loss of social license to operate (SLO)

ü  Managing land rights and involuntary resettlement risks

ü  Assessing and mitigating human rights impacts in operations

ü  Monitoring and managing media and social media reputational risks

ü  The role of grievance mechanisms in risk reduction

ü  Practical Session: Analyzing a community conflict case and defining mitigation actions

 

Module 9: Governance (G) Risk: Ethics, Compliance, and Board Oversight

ü  Assessing board structure and independence risks

ü  Risks related to executive compensation and short-termism

ü  Anti-corruption, bribery, and whistleblowing protection failures

ü  Data privacy and cyber security governance risks

ü  The role of the Audit and Risk Committees in ESG oversight

ü  Practical Session: Identifying three governance failures that led to a major ESG scandal

 

Module 10: Supply Chain ESG Risk Mapping and Mitigation

ü  Mapping the multi-tier supply chain for ESG hotspots

ü  Assessing environmental risks (deforestation, pollution) in the supply chain

ü  Identifying social risks (labour, health and safety) in supplier operations

ü  Implementing due diligence protocols and supplier codes of conduct

ü  Utilizing technology for supply chain transparency and monitoring

ü  Practical Session: Creating a risk prioritization map for a high-risk commodity supply chain

 

Module 11: Quantification and Financial Modelling of ESG Risks

ü  Translating non-financial ESG metrics into financial loss probabilities

ü  Methods for cost estimation of physical and transition risks

ü  Integrating ESG risk premiums into the Cost of Capital (WACC)

ü  Using shadow pricing and internal carbon prices for decision-making

ü  Reporting the financial impact of ESG risks in annual filings

ü  Practical Session: Conducting a basic calculation of the expected loss from a climate-related regulatory fine

 

Module 12: Disclosure and Reporting Frameworks (TCFD, SASB, CSRD)

ü  Detailed application of TCFD for climate risk disclosure

ü  Using SASB standards to report financially material ESG risks

ü  Overview of the EU's Corporate Sustainability Reporting Directive (CSRD) and its risk implications

ü  Preparing the narrative for the risk management section of the annual report

ü  Ensuring consistency between mandatory and voluntary disclosures

ü  Practical Session: Mapping TCFD disclosures to equivalent SASB metrics

 

Module 13: Legal and Regulatory Risk (Greenwashing and Litigation)

ü  Understanding the growing risk of ESG litigation (e.g., climate lawsuits)

ü  Defining and preventing greenwashing and related legal liabilities

ü  Compliance risk from new global regulations (e.g., EU Taxonomy)

ü  The role of internal legal counsel in ESG risk strategy

ü  Documentation and audit trails for defending claims

ü  Practical Session: Analyzing the legal risk implications of a recent regulatory proposal

 

Module 14: Risk Mitigation Strategies and Internal Controls

ü  Developing a comprehensive ESG risk mitigation hierarchy (Avoid, Reduce, Transfer, Retain)

ü  Implementing effective internal controls for social and governance processes

ü  Using risk transfer mechanisms (e.g., insurance for climate risks)

ü  Defining trigger points and response plans for severe ESG events

ü  Allocating capital for long-term resilience investments

ü  Practical Session: Designing a mitigation plan for a water scarcity risk

 

Module 15: ESG Risk in Mergers and Acquisitions (M&A) Due Diligence

ü  Integrating ESG risk assessments into the M&A process

ü  Identifying hidden liabilities and stranded assets (e.g., carbon-intensive infrastructure)

ü  Valuation adjustments based on ESG risk findings

ü  Managing transition and integration risks post-acquisition

ü  Reporting on ESG risks in transaction documentation

ü  Practical Session: Developing an ESG due diligence checklist for an acquisition target

 

Module 16: Risk Rating Agencies and Stakeholder Communication

ü  Understanding how ESG risk rating agencies (e.g., MSCI, Sustainalytics) assess and score risk

ü  Strategies for engaging with rating agencies and improving scores

ü  Communicating the ESG risk strategy transparently to investors

ü  Managing the media narrative during an ESG crisis

ü  The impact of activist investors on ESG risk disclosure

ü  Practical Session: Critiquing an ESG risk rating report for a sample company

 

Module 17: Developing the ESG Risk Appetite and Tolerance

ü  Defining the organization's tolerance level for specific ESG risks

ü  Establishing the ESG risk appetite framework

ü  Linking risk appetite to strategic planning and capital allocation

ü  Communicating and monitoring adherence to ESG risk limits

ü  The role of the Board in setting and reviewing appetite

ü  Practical Session: Drafting a high-level ESG risk appetite statement for climate transition risk

 

Module 18: Capstone: Designing an Integrated ESG Risk Strategy

ü  Comprehensive review of the ESG risk strategy short course

ü  Capstone Project: Participants develop a complete, integrated ESG risk strategy document for a provided case company

ü  Presentation of TCFD-aligned risk assessments, scenario results, and mitigation plans

ü  Justification of the chosen risk appetite and governance structure

ü  Practical Session: Final presentation and expert critique of the integrated ESG risk strategy document

About Our Trainers

 

Our instructors are Certified Risk Management professionals and seasoned ESG consultants with an average of 17+ years of experience specializing in financial and non-financial risk. They have direct experience implementing TCFD and ERM frameworks for multinational corporations and financial institutions. Their expertise ensures that this ESG risk strategy training is authoritative, financially grounded, and immediately applicable, delivering the necessary knowledge for a formal ESG risk strategy qualification.

 

Quality Statement

 

We are committed to delivering a superior ESG risk strategy online course and physical training experience. Our curriculum is constantly updated to reflect the latest methodologies in climate modelling, evolving regulatory requirements (e.g., EU, SEC), and investor expectations. We provide the practical tools and frameworks necessary for participants to effectively implement a robust ESG risk strategy course within their organizations.

Admission Criteria

ü  Participants should be reasonably proficient in English. 

ü  Applicants must live up to Phoenix Center for Policy, Research and Training admission criteria.

Terms and Conditions

1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free
2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.
3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.
4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.
5. Approval of Course: Our Programs are NITA Approved. Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.

Booking for Training

Simply send an email to the Training Officer on training@phoenixtrainingcenter.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.

Or call us on +254720272325 / +254737296202

Payment Options

We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

1. Groups of 5 People and Above – Cheque Payments to: Phoenix Center for Policy, Research and Training Limited should be paid in advance, 5 days to the training.
2. Invoice: We can send a bill directly to you or your company.
3. Deposit directly into Bank Account (Account details provided upon request)

Cancellation Policy

1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.
2. Participants may cancel attendance 14 days or more prior to the training commencement date.
3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

 

Tailor-Made Courses

We understand that every organization has unique challenges and opportunities as well as unique training needs. Phoenix Training Center offers tailor-made courses designed to address specific requirements and challenges faced by your team or organization. Whether you need a customized curriculum, a specific duration, or on-site delivery, we can adapt our expertise to provide a training solution that perfectly aligns with your objectives.

We can customize this Course to focus on your industry, specific risk profile, or internal stakeholder dynamics. Contact us to discuss how we can create a bespoke training program that maximizes value and impact for your team. For further inquiries, please contact us on Tel: +254720272325 / +254737296202 or Email training@phoenixtrainingcenter.com

 

Accommodation and Airport Pick-up

For physical training attendees, we can assist with recommendations for accommodation near the training venue. Airport pick-up services can also be arranged upon request to ensure a smooth arrival. Please inform us of your travel details in advance if you require these services. For reservations contact the Training Officer on Email: training@phoenixtrainingcenter.com or on Tel: +254720272325 / +254737296202