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Summary
Climate change has created a need to evaluate the impact of climate risk (and opportunities) on one’s counterparties, such as borrowers, issuers or those within the supply chain. As such, scenario analysis may be considered as a strategic tool to construct plausible pathways and analyze how resilient one’s current business model and strategy would be if it was placed within these scenarios. Additionally regulators recognize that this transition can create vulnerabilities in the financial system, and are conducting climate related stress tests with banks within their jurisdiction. Recently, two regulators in ASEAN, the Indonesian Financial Services Authority (OJK) and the Bank of Thailand (BOT) as the regulatory authority overseeing the financial sector in Indonesia and Thailand respectively, have published Climate Risk Stress Testing guidance to banks to effectively address and manage these important risks.
Join us in this webinar as we explore challenges and solutions to address these requirements, including the need to prepare for the unknown by building in structure, consistency and flexibility in the approach to scenario analysis.
Discussion to cover including:
- How your peers are tackling climate risks
- The cost of not transitioning in time
- Solutions for climate scenario analysis and stress tests
Moderator
S&P Global Market Intelligence
Freddie Travers
S&P Global Market Intelligence
Senior Director, Sales & Relationship Management
Freddie has been with S&P Global for over 10 years and held roles in New York, London and Singapore during this time.
Freddie has been with S&P Global for over 10 years and held roles in New York, London and Singapore during this time. His experience in Singapore has led him to support Financial Institutions across ASEAN in their sustainability journeys and recently climate stress test exercises.
Speaker
S&P Global Market Intelligence
Anjali Mittal
S&P Global Market Intelligence
Director, ESG Credit Product Specialist, APAC
As an APAC lead, Anjali covers ESG Credit products in the region and helps Banks/ FIs implement solutions in the climate scenario analysis space.
As an APAC lead, Anjali covers ESG Credit products in the region and helps Banks/ FIs implement solutions in the climate scenario analysis space. Anjali is an experienced credit risk professional with key roles in credit portfolio management, credit risk underwriting, and project management both in corporate as well as private banking with leading global banks.
S&P Global Market Intelligence
Prerna Divecha
S&P Global Market Intelligence
Global Head of Market Development for ESG & Climate Credit Risk
Prerna leads the global market strategy for our Climate and ESG-linked Credit & Risk Solutions. She joined S&P Global Market Intelligence in May 2017 as a Director in the Product Specialist team for Credit Risk Solutions, leading efforts in Southeast Asia and Japan. Previously she was at Fitch Ratings where she was part of the Business and Relationship Management team in Singapore managing new business initiatives for the corporate ratings business. Prior to that, she spent 2 years at Standard Chartered on the debt markets desk, where she assisted Indian corporates in issuing debt in G3 and select Asian currencies, such as SGD and JPY. She also spent 7 years in J.P. Morgan’s investment banking team, covering financial institution clients in India. Prerna is a certified Chartered Accountant from India.
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