The shift towards a decarbonised future is now well underway. Big players in our global economy are moving as part of a global trend towards climate action. Businesses must be prepared to shift, or risk falling behind their peers.

Already, we are seeing the threat inaction on climate change poses to business. Physical damage, economic insecurity and liability are all real risks as the impacts of climate change grow more severe.

ClimateWorks and Monash Sustainable Development Institute’s ‘Climate change and business risk’ executive short course is back after two highly successful sessions, running in Sydney in June and November in Melbourne.

Climate change is now regarded as a foreseeable financial risk for business. The course supports business leaders to transition to net zero emissions. Designed with a commercial focus, it will help you develop, implement and interrogate your approaches for incorporating climate change into strategy.

Pressure is mounting on businesses to adopt net zero strategies as global giants like BlackRock, BP and Microsoft make decisive shifts towards emission reduction. They are part of a global movement of key financial regulators, investors and companies. 450 investors with more than $39 trillion in assets under management have signed on to Climate Action 100+. The initiative is engaging 100 ‘systemically important emitters’ on improving governance, curbing emissions and strengthening climate-related financial disclosures. Consumer sentiment is shifting too. Eighty per cent of Australian consumers want to see big businesses use more renewable electricity.

Moral and economic imperatives are compelling businesses to join the climate transition. The Climate change and business risk course will show you how to move past short-term pressures, policy uncertainty, and the difficulty of organisational and systems change. The course features guest speakers from leading organisations alongside our expert staff. Past speakers have included Geoff Summerhayes, Executive Board Member for APRA, Sam Mostyn, Chair at Citibank Australia, Dr. Fiona Wild, Vice President of Climate Change and Sustainability at BHP, and Chris Newton, Director of Responsible Investments at IFM Investors.

The course is ideal for senior managers and executives in finance, risk, operations, strategy, sustainability and corporate affairs. For more information and to register your interest visit the course page.