Institute of Risk Management unveils new Climate Change Special Interest Group

The Institute of Risk Management (IRM) has formed a new Climate Change Special Interest Group (CC SIG) for its members to better understand the risks associated with climate change. Martin Massey MIRM is the newly-appointed chairman for the IRM CC SIG and will be hosting its inaugural event entitled ‘The Role of the Risk Manager in Assessing Climate Risks’ on 17 February.

For his part, Massey boasts years of experience gained in the risk management arena by dint of working for some of the leading global insurance and risk organisations, among them Swiss Re, Willis, Aon, AIG and Marsh.

Commenting on the news, Massey explained to Risk Xtra: “Today’s world is increasingly defined by unpredictable events with severe and lasting consequences that impact on an organisation’s ability to survive and thrive. Effective business risk managers must develop greater global situational awareness to understand and stay ahead of these direct and indirect risks. As the professional body that trains, promotes and improves standards in risk management, the formation of this new Special Interest Group has been actioned to provide a platform for our membership who work with climate change risks on a regular basis.”

The main purposes of the CC SIG are to:

*research and collate climate change risk management Best Practices and solutions

*develop a strong committee with a wider representation of members across different industry sectors

*support the IRM’s goals, including increasing membership and developing educational training for members

*hold monthly meetings with the core committee members and organise three or four events per year

IRM chairman Iain Wright CFIRM observed: “The recent Global Risks Report 2020 from the World Economic Forum has highlighted that risks linked to climate change counted for three of the Top Five global risks. There’s an expectation from key stakeholders including regulators that existing risk management frameworks will need to address risks from climate change and thus the scope of the CC SIG will be to support how organisations enhance the maturity of their risk frameworks, from identifying through to reporting climate change risks. I would like to thank Martin for stepping into the role as chairman of this group and look forward to seeing the outputs going forwards.”

*’The Role of the Risk Manager in Assessing Climate Risks’ event on 17 February runs from 4.00 pm-6.00 pm at the offices of Nationwide, 1 Threadneedle Street, London EC2R 8AL. The event reserve list registration can be accessed online at:

**Further details of the event, including speakers and the complete agenda, will be announced closer to the date

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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