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
  • Bob Collie
  • Shyam Gharial
  • Marcus Hurd
  • Wendy Kriz
  • Amanda Latham
  • Melissa Leitner
  • Neil Mitchell
  • Darko Popovic
  • Thrinayani Ramakrishnan
  • Sara Ronayne
  • Rosalind Rossouw
  • Mike Sher
  • Wendy Walford
  • Gilli Engel - Council Representative

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).

Becoming a  Sustainability Volunteer

Would you like to get involved in sustainability and climate issues?  Would you like to gain experience in a rapidly expanding area of expertise that is critical to a sustainable future? 

If you would like to become involved, even just in a small way, please volunteer to join the Sustainability Volunteer Group, and become part of an active community working with the IFoA Sustainability Board. For further details see the details on our volunteer vacancies web page.  

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

  • CILA 2022

    23 May 2022 - 24 May 2022

    Spaces available

    We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; transitioning to Net Zero; increased inflationary pressures and supply chain issues; to self-imposed changes in regulatory requirements. CILA 2022 focuses on these challenges to ensure we continue to be informed and remain battle ready, as well as showcasing highlights of recent CMI outputs.

  • Spaces available

    In the spirit of fostering the IFoA’s vibrant, global community and enabling our members to participate, we have decided to hold our AGM virtually again this year. This allows for greater accessibility to this important annual event, and for greater accountability of our organisation.

    The Business of the AGM

  • The IFoA Conference 2022

    133 Houndsditch, London EC3A 7BX and Online
    22 June 2022 - 23 June 2022
    Spaces available

    We’re delighted to welcome you back to our first in-person conference since early 2020, also being delivered virtually in our first-ever hybrid event. The theme of our inaugural two-day conference is ‘Focusing on tomorrow’s actuary’ and will explore the contribution actuarial science is making to some of tomorrow’s biggest issues.