Assessing Climate Related Risks - A Practical Guide for Auditors
Category: Law & Regulation and Compliance | Date: 11/06/2025 15:30 | Duration: 1hr | Tag: ATSUK25D2S6 | Type: Webinar | Speaker: Jose Antonio Hopkins, Stephen Pell
This session responds to the growing regulatory and professional focus on how climate-related risks impact audit quality and financial reporting. Since the FRC’s 2020 Climate Thematic Review, expectations have evolved significantly—reinforced by updated guidance such as FRS 102 Climate Fact Sheet 8, the IFRS Foundation’s guidance on climate-related matters, and the release of IFRS S1 and S2, now endorsed in the UK.
These developments are part of a wider landscape shift. The UK Met Office, through satellite-based analysis, has confirmed changes in the UK’s climate, including rising temperatures and biodiversity loss. In parallel, the UK government has issued long-term net zero commitments, and regulators have responded with incremental frameworks such as the UK Sustainability Disclosure Requirements (SDR), ISSB standards, and EU CSRD.
Audit professionals are now expected to assess, document, and challenge how climate risks, where material, affect valuations, provisions, and going concern assumptions. This session offers practical tools and real-world examples to help integrate climate-related risks into audit work in a way that is proportionate, effective, and aligned with current guidance
In this session Jose Antonio Hopkins and Stephen Pell will cover the following topics:
By attending this session, the individual will:
This session will be of most interest to:
Course level: Advanced level of technical insight, covering the Introduction of ISSB Standards (IFRS S1 & S2) new regulation.
Jose Antonio Hopkins
Stephen Pell