The Sustainability Board is made up of senior volunteer actuaries, drawn from a variety of practice areas, with experience or interest in environmental matters. It is the senior committee that advises the Institute and Faculty of Actuaries (IFoA) on important environmental issues.

Goal

The IFoA Sustainability Board seeks to create meaningful engagement by all actuaries, their clients, and wider stakeholders in understanding, and then in addressing, the uncertainties for economic and financial systems arising from climate change and other sustainability issues. The Board seeks to be a centre of expertise and leadership for the IFoA in climate change and other sustainability issues and aims to help identify, educate and raise awareness of the need for such issues to be addressed.

The Sustainability Board will work to meet the above through pursuit of the following key objectives:

Board Objectives

  • Equip current and future actuaries with the knowledge, skills and tools to embed climate and sustainability risks into all actuarial practice;
  • Articulate the potentially cataclysmic systemic risks; engaging with stakeholders, policymakers and regulators to influence them to take the urgently needed financial market and real economy actions;
  • Support actuaries working in specialist sustainability fields in their practice and, in turn, seek to encourage such actuaries to contribute to the ongoing development and understanding of environmental issues within the IFoA;
  • Engage with the IFoA Council, Executive, and Management Board to ensure that issues identified by the Board are appropriately recognised and actions are sufficiently prioritised and that the broader strategy of the IFoA is encapsulated within the work of the Board.

Until July 2020, the Sustainability Board was known as the Resource and Environment Board.

Are you looking for guidance on climate change?

The Sustainability Board curates a climate change resource library with relevant and current information for actuaries.

Board updates

IFoA Climate Change Statement

Read the new IFoA Climate Change Statement.

Sustainability Board 2021/2022 membership:

Board members

  • Sandy Trust (Chair)
  • Lucy Saye (Deputy Chair)
  • Nick Spencer (Immediate Past Chair)
  • John Bayliss
  • Russell Bowdrey
  • Patrick Cleary
  • David Ford
  • Shyam Gharial
  • Joe Kennedy
  • Wendy Kriz
  • Amanda Latham
  • Melissa Leitner
  • Neil Mitchell
  • Alasdair Mullins-Smith
  • Darko Popovic
  • Wendy Walford
  • Gilli Engel - Council Representative

Supernumeraries

  • Thrinayani Ramakrishnan
  • Sara Ronayne
  • Rosalind Rossouw
  • Mike Sher

The Board operates within a Terms of Reference.

The Sustainability Board is supported by one specialist sub-committee:

The Sustainability Board is dedicated to raising awareness of environmental issues that affect actuaries in various practice areas across the world. 

Many environmental issues have a global impact and the Sustainability Board is keen to work with IFoA members across the world. It also supports the work of the International Actuarial Association Resource and Environment Working Group.

The Sustainability Board builds on the work conducted by the former Resource and Environment Member Interest Group (MIG).  The research and activities that were undertaken by the MIG are now conducted by the Resource and Environment Board. The Board supports a number of working parties, the Sustainable Development Goals MIG, and it is the Practice Board sponsor of the IFoA’s Financial Systems Innovation Centre ( FinSTIC).

How to join the Sustainability Board

All vacancies arising on Boards and their sub-committees are advertised on our volunteer vacancies web page.  Further information for volunteers, including tips on how to chair a meeting, can be found in the Volunteer Information Pack (VIP).

Contact Details

If you have any questions about a practice area, its working parties, Member Interest Groups or Board and sub-committees, please contact the Communities Team:

professional.communities@actuaries.org.uk

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Events calendar

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Spaces available

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    In this webinar, we will discuss how cause-of-death data from the Office for National Statistics can help us to understand how inequalities arise at the all-cause level. The key to understanding mortality inequality is to think about the chain that connects risk factors, relative risks, and cause-of-death mortality through to all-cause mortality.

  • Spaces available

    The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • GIRO 2021 Webinar Series

    Online
    8 November 2021 - 19 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.