ISSB: Navigating frameworks for sustainability disclosures

Finity Podcast

Hosted by Finity’s team of experts, we explore the business and technology topics shaping and transforming our world today. Deep dive into the latest ideas and insights across insurance, financial services, automotive, climate and sustainability, as well as the related tech and tools.

Rade Musulin is a Principal at Finity based in Sydney. He is an US trained Actuary, and has 40 years’ experience in General Insurance specialising particularly in property pricing, natural perils, reinsurance, agriculture, catastrophe risk modelling, public policy development, and climate risk.

Sharanjit Paddam is an Actuary specialising in climate risk assessment, management and strategy. Using Finity’s models of extreme weather events, seasoned by decades of use by Australia’s insurance industry, to quantitatively assess climate physical risk at individual property level for insurers, banks, asset owners and governments.

Finity welcomes arguably the most significant recent development for sustainability-related business disclosures, the launch of the latest International Sustainability Standards Board (ISSB) comprehensive baseline global standards for climate disclosures and sustainability reporting. In this episode, Finity climate experts discuss the implications and opportunities.

Links

• Website | Finity.com.au
• LinkedIn | Finity Consulting
• Twitter | @Finity_au
• Facebook | Finity Consulting
• Instagram | @Finityconsulting

Time Stamps

• 00:19 - Why is this a topic at the moment and why now?
• 02:58 - What do the new standards do that the TCFD do not?
• 05:15 - What are the key issues for the industries in the financial services sector?
• 08:17 - Is this going to affect just the big banks or will it affect a broader group of financial services?
• 10:54 - So what should banks and insurers be doing now?
• 14:01 - What is coming in the future for ISSB reporting as well as other types of reporting?
• 16:19 - Is this like monetising carbon?