Understanding ESG in the Banking Industry

Why Should You Attend:

Climate change is putting banks at risk. This risk is being determined by two requirements facing the banking sector.

• Banks need to manage their own financial exposures, and these exposures are at risk because of climate change.
• As physical and transition risks emerge, corporates will become increasingly vulnerable to value erosion that could undermine their credit status.
• Risks may become apparent in such effects as coastal real-estate losses, land redundancy, and forced adaptation of sites or closures.
• These may have both direct and indirect negative impacts on banks’ balance sheets, including an increase in stranded assets, uncertain residual values, and the potential loss of reputation if banks, for example, are not seen to support their customers effectively.
• Banks are also being forced by regulatory pressure to help finance a green agenda, a process that is critical to temper the impact of global warming.
• Renewable energy, refurbishing plants, and adaptive technologies all require significant levels of financing. These improvements will cut carbon emissions, capture and store atmospheric carbon, and accelerate the transition away from fossil fuels.
• Oil and gas, power generation, real estate, automotive, and agriculture present significant green-investment opportunities.

This course examines the outlined problems that banks are facing and provides practical guidance to assist them in complying with ESG requirements.

In this course, you will:

• Gain an understanding of the opportunities and challenges facing banks in a world of global warming.
• Learn the principles that banks use in managing climate risk.
• Understand what is driving the banks’ ESG agenda.
• Identify what is required to achieve climate change risk maturity.

Areas Covered in the Webinar:

• ESG in a nutshell
• ESG in banking
• Opportunities & challenges for banks
• What is driving the banks’ ESG agenda?
• Principles for banks in managing climate-risk
• Achieving climate change risk maturity
• Using green energy
• Climate stress tests for banks

Who Will Benefit:

• Directors and all levels of management
• Operations and business staff at all levels in the business
• Compliance Managers
• Environmental Officers
• Risk Managers
• HR Managers
• Compliance Analyst/Investigators
• Registered Investment Advisors
• Due Diligence Departments or Individuals
• Corporate Management
• Directors, CEOs, CFOs
• Asset Managers
• Finance Officers

Stanley Epstein
Company Director & Principal Associate, Citadel Advantage

Stanley is a Principal Associate and Director of Citadel Advantage Ltd., Since 2001 Citadel Advantage has been working with banks and financial institutions to make them safer and more profitable, through consulting and training, specifically in the key areas of Governance, Risk Management and Compliance.

Stanley has over 40 years of banking and IT experience, 33 of which were with the Standard Bank of South Africa where during the 1990s he filled an industry level role holding several key positions including that of Chairman of the PASA Risk Committee. He also represented South Africa at two sessions, in New York, of UNCITRAL (the United Nations Commission on International Trade Law).

He holds a Master Degree in Economics and a Bachelor of Commerce (BCom.) degree, both from the University of South Africa, Pretoria.

Stanley has had extensive exposure to banking practice and banking operations in a number of countries including the USA, United Kingdom, South Africa, Israel, Europe and Australia. He has also acted as advisor to a number of central banks on payment systems, oversight, policy and payments risk issues.

More recently, he spent time in the high-tech sector as a payment systems designer and consultant to a global payments software developer.

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