Rethinking Our Environmental Narrative

This series is a must-listen for anyone interested in finance, climate change, and risk management.

My guest is Sandy Trust Trust, a distinguished actuary in the UK who sits on the Institute and Faculty of Actuaries council. Sandy leads the research paper collaborations with Earth System scientists on climate change and sustainability topics and is past Chair of the IFOA’s Sustainability Board. He advises a range of industry and policy climate initiatives on climate risk and net zero approaches.

?? Key Lessons and Ideas:

Government Policy as a Catalyst for Change:

Historical Context and Industry Influence:

Sandy’s Magic Wand for Business Leaders:

?? Curiosities to Spark Your Interest:

Did you know? The personal carbon footprint concept was a PR move by fossil fuel companies to shift the focus away from their own responsibilities.

Surprising Fact: Early discussions about the environmental impact of plastics started in Congress as far back as the 1950s!

?? Why Listen?

This episode is a call to action for business leaders to embrace their role in shaping a sustainable future. Sandy’s insights are thought-provoking and actionable, offering a roadmap for businesses to navigate the complexities of sustainability.

??Want to Delve Deeper?

Here are some of the specific research reports (with links) that Sandy refers to:

2022 - Tipping points with Sir David King (CCAG) – climate change is a risk mgt problem, tipping points change everything

2023 - Emperor’s New Scenarios with Tim Lenton (Exeter) – climate change scenario analysis is understating risk, we need to work backwards from ruin

2024 - Climate Scorpion – the sting is in the tail with Tim Lenton (Exeter) – warming is accelerating, and the climate may be much more sensitive than we think to GHGs

Listen here to Rethinking Our Environmental Narrative

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The 5Cs Podcast, book and communities are about shining a light on a better path. Think of it as a global village of business people giving Planet Earth a hand up. You can find Charlene Norman here on LinkedIn and here. For more thoughts from the 5Cs Podcast, subscribe on Substack.