Climate Risk Management and Internal Audit Responsibilities

Course Overview

Climate change has become a major source of financial, operational, and strategic risk for both public and private sector institutions. This programme equips professionals with the knowledge and tools required to identify, assess, and manage climate-related risks while strengthening the internal audit function’s role in ensuring organizational resilience and regulatory compliance.

Participants will explore the fundamentals of climate risk—physical, transition, and liability risks—and how these impact organizational operations, assets, and long-term planning. The course integrates risk management methodologies with internal audit practices to help delegates understand how climate risks can be embedded into governance structures, control environments, and assurance processes. Through case studies, interactive sessions, and practical exercises, participants will deepen their capacity to support climate-aligned decision-making and oversight.

This engaging and participatory programme allows delegates to raise questions, share experiences, and develop a clearer understanding of how climate risk management strengthens overall organizational sustainability and preparedness.

Objectives

Participating delegates will have a clear demonstrable understanding of:

• Identifying and assessing climate-related financial, operational, and strategic risks.
• Integrating climate risk considerations into organizational governance and risk management frameworks.
• Understanding regulatory expectations related to climate disclosures and sustainability reporting.
• Evaluating internal controls that support climate risk mitigation and resilience planning.
• Enhancing the internal audit function’s role in climate risk assurance and oversight.
• Applying audit methodologies to assess climate risk data, controls, and reporting accuracy.
• Strengthening organizational preparedness through effective climate risk governance and monitoring.

Who Should Attend?

• Risk managers, compliance officers, and internal auditors.
• Sustainability practitioners and climate risk analysts.
• Senior managers and executives overseeing governance and enterprise risk functions.
• Public sector and private sector professionals responsible for regulatory compliance and reporting.
• Anyone looking to deepen their understanding of climate risk management and audit responsibilities.