Climate Risk in Financial Reporting Forum 2026

7 July 2026, 8:30 AM

08:30 – 09:00

Keynote: Introducing the IASB illustrative examples

 Nick Anderson, IASB board member

09.00 – 09.45

Preparers’ view: From uncertainty to numbers

  • How climate factors feed into impairment, depreciation, provisions, and fair value
  • How CFOs translate strategy (e.g., transition plans) into financial assumptions and disclosures
  • Linking capital allocation decisions to climate risks and opportunities
  • Managing tensions between long-term strategy and short-term financial reporting
  • Ensuring consistency across financial statements, sustainability reporting, and investor communications
  • Embedding uncertainty into planning, forecasting, and performance management
  • How to spot truly differential information

Adam Pradela, CFO Corporate Sustainability, DHL Group
Michael Stewart, Senior expert of financial reporting at Huawei & Chair of the Accountancy Europe accounting working party
Valentina Rossi, Head of group financial reporting, management and tax, Mediobanca

 

09:45 – 10:30

CFO perspective: connecting strategy, risk and financial reporting

  • How do you determine which uncertainties may impact financial reporting (e.g., climate transition, physical risks, supply chain volatility, geopolitical shifts, regulatory changes)?
  • How do you distinguish "business risks" from "accounting uncertainties"?
  • How do preparers engage with risk, sustainability, and strategy teams to surface emerging uncertainties early?

Moderator: David Wray, Board member of the International CFO Alliance and the International Ethics Standards Board for Accountants

10:30

Coffee break

11:00 – 11:30

Keynote: Introducing discussion paper connectivity of financial and sustainability reporting

Vincent Papa, Director in the Financial Reporting pillar, EFRAG

11:30 – 12:15

Audit committee’s view: Oversight responsibilities and changing expectations

  • How has the audit committee's role changed in light of heightened uncertainty (climate, supply chain, geopolitical, regulatory)?
  • What should an audit committee expect from management in disclosing uncertainties?
  • How do committees ensure consistency between sustainability reporting and the financial statements?

John Hitchins, Chair of the Group Audit Committee at St James's Place Plc

 

12.15 – 13:00

Users’ view: Investors need and expectations.

  • What types of climate and broader uncertainties matter most to capital markets
  • Transparency vs information overload
  • How stakeholders interpret uncertainty disclosures

Moderator: Laith Cahill, Stewardship Research Team Lead, IIGCC
Natasha Landell-Mills, Partner and Head of Stewardship, Sarasin & Partners

 

13:00

Regulator's perspective

Speakers:
Mark Babington, Executive Director of Regulatory Standards, UK Financial Reporting Council

13:20

Networking lunch and end