Audit Committees and Climate-related Financial Risk – Do you know your role as an audit committee member?

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Document Type

Conference Proceeding

Publication Date

7-23-2020

Abstract

Audit committees need to be effective and independent in their oversight of financial reporting and disclosure. The Taskforce on Climate-related Financial Disclosures (TCFD) and the Canadian Securities Administrators (CSA) have recommended that annual public filings provide disclosure on climate-related material risks, financial impacts, and governance processes, including review by audit committee and management. Please join us for a one-hour webinar on how to address these evolving requirements and understand best practices for audit committees in relation to oversight of climate-related financial risks and opportunities. Our three Canadian Climate Governance Experts will discuss the mandated role of audit committees, recent developments and practical strategies for risk oversight, assessing performance and financial impacts, legal obligations, and the potential for leadership in your organization’s move towards a more effective climate governance.

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