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:
- 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.
- Sustainability Board Update - September 2021
- Sustainability Board Chair themes 2021/2022 with Sandy Trust - September 2021
- Sustainability Board Update - July 2021
- All Climate change at the IFoA: Postcards for Actuaries, Nick Spencer, June 2021
- Sustainability Board Update - May 2021
- Sustainability Board update - March 2021
- Talking Sustainability with Louise Pryor - January 2021
- Talking Sustainability with Nick Spencer - December 2020
- Climate risk related taskforce report - November 2020
- September 2020: R&E Board renamed to Sustainability Board: New name, same purpose, and the 2020 Chair’s Themes
- Resource & Environment Board: Strategy for 2020 and beyond
- July 2020 - All systems go: An update from Simon Jones
IFoA Climate Change Statement
Read the new IFoA Climate Change Statement.
Sustainability Board 2021/2022 membership:
- 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
- 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).
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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:
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