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Sustainability Series: Biodiversity loss and financial risk: Bloom or Bust?

Milliman: Platinum Sponsor
Monday 1 November 2021 13:00 - 14:30

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. This expert panel will explore the implications of biodiversity loss for our financial systems and wider society, as well as how the profession  can help mitigate the risks it poses.

Thank you to our sponsors

Platinum Sponsor

Who we are

Founded in 1947, we are an independent risk management, benefits, and technology firm with offices in major cities around the globe. We serve the full spectrum of business, financial, government, union, education, and nonprofit organisations.

Since our inception, objectivity and professional excellence have been our hallmarks. We are independently owned and managed by our principals, who are distinguished by their technical and business acumen, and by their achievements in their respective fields. Our body of professionals includes actuaries, technologists, clinicians, economists, climate and data scientists, benefits and compensation experts, and many others. Over the past seven decades, as the nature of risk has evolved, so has the scope of our work. Today, we are helping clients address some of the world’s most profound social and business challenges, including a looming retirement crisis, an evolving healthcare landscape, the effects of climate change and a global pandemic, and an insurance industry burdened by low-interest rates and daunting reporting requirements. We are empowered by the diversity of our backgrounds, driven by a shared commitment to innovate, and inspired by a common mission: to serve our clients to protect the health and financial well-being of people everywhere. 

 

Star Actuarial Futures: Sponsor

Star Actuarial Futures is an award-winning actuarial recruitment consultancy. Our approach combines deep-market specialism, based on first-hand experience and industry-leading connections, with a commitment to ethics, diversity and sustainability. We have made successful placements with more than 200 actuarial employers, from graduate to Chief Actuary level.

Contact us now if you want to make a difference in your next role.  www.staractuarial.com

 

Event organiser

Contact Events Team for more information.

eventmanagement@actuaries.org.uk

0207 632 1498

Chair

Louise Pryor, President of the IFoA

In the course of a varied career as an actuary, software engineer and academic, Louise was Director, Actuarial Standards at the Financial Reporting Council, where she led the development of the Technical Actuarial Standards. She has practised as an independent consultant in the areas of software risk and sustainability and has worked on financial modelling for social security and pensions reform in a number of emerging economies.

Louise is Chair of the London Climate Change Partnership and a non-executive director at the Ecology Building Society.

She became a Fellow of the Institute of Actuaries in 1987 and a Fellow of IEMA in 2019. She has a degree in Mathematics from the University of Cambridge, and a PhD in Artificial Intelligence from Northwestern University.

Speakers

Penny Endersby

Penny became Chief Executive of the Met Office in December 2018.  For most of her career she has delivered science and technology on behalf of the Ministry of Defence. As Chief Executive, Penny leads the strategic direction of the Met Office and is the UK’s Principle Representative to the World Meteorological Organisation (WMO).

In 2020, Penny was elected Vice President of the European Centre for Medium-Range Weather Forecasts (ECMWF). She is a Fellow of the Institute of Physics and a visiting professor in Electronics and Computer Science at the University of Southampton.

 

Professor Aled Jones

Professor Aled Jones is the inaugural Director of the Global Sustainability Institute (GSI) at Anglia Ruskin University. His work in climate finance has been recognised by the State of California and he has received a key to the city of North Little Rock, Arkansas. In 2018 he was made an Honorary Fellow of the Institute & Faculty of Actuaries. Aled’s research particularly focuses on the finance sector and government and how they will respond to the impacts of global resource trends and climate change. He was lead author on the report on resource constraints to the Actuarial Profession in 2013. He was chair of a working group under the Capital Markets Climate Initiative (CMCI) on behalf of the UK Minister for Climate Change in the Department for Energy and Climate Change and a member of the UK-US Taskforce on Extreme Weather and Global Food Resilience for the UK Foreign & Commonwealth Office. He is a member of the Expert Panel for the HRH Prince of Wales’ Accounting for Sustainability (A4S) and a the Science Advisory Group for the UK Global Food Security programme. He was an invited author on Chapter 7 (international dimensions of risk) for the UK Government’s 3rd Climate Change Risk Assessment (CCRA3) which was published in 2021.

Pricing information

Price:
FREE

All IFoA webinars are free to access for IFoA members from 1 September 2021. This is designed to support you and respond to your needs. And it’s just the beginning of our new journey to rethink and reset. Find out more.

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