How financial services can combat climate risks

This August, the Asian Banking & Finance and SAP will provide insights on the evolving landscape for ESG in financial services.

Mitigating the worsening impact of climate change has led to sustainability drives across every industry, banking and finance included. And with this, come opportunities waiting to be seized as the Lion City turns into the region’s green finance hub.

Amidst all this, how exactly can the financial services industry (FSI) respond to the consequences of climate change?

The Monetary Authority of Singapore has taken an active role in promoting the integration of the environmental, social, and governance (ESG) criteria in financial services. It has also launched the Green Finance Action Plan that outlined its strategies to attain not only a sustainable Singapore, but the region as well.

This August, the Asian Banking & Finance will be hosting a roundtable discussion with SAP to take a closer look at the industry, in terms of addressing climate-related challenges.

In the 60-minute virtual roundtable, Managing Climate Risk in Financial Services, the panel will provide a deeper understanding of the rapidly evolving landscape for ESG in financial services.

Key speakers will also tackle challenges likely to arise and opportunities to seize in the climate crisis.

Andrew Chan, South East Asia Consulting Sustainability and Climate Change Leader, PwC, will begin by discussing how firms can mitigate climate change as he runs through the challenges that FSIs will likely face as demand amongst investors and regulators grow.

What follows is Dr. Hadi Wijaya, Financial Services Industry Leader, South East Asia, SAP, who will share the SAP’s own approach in tackling ESG issues and highlight the key enablers in addressing the climate crisis.

The virtual roundtable will be open to Singapore FSI organisations. Those who are interested in attending may contact ABF Events Team at [email protected] or at +65 3158 1386. To find out more about the event, click here. To register, click here.