The Monetary Authority of Singapore (MAS) issued its updated Guidelines on Environmental Risk Management – Transition Planning in March 2026, strengthening supervisory expectations for financial institutions, including insurers, in managing climate-related and environmental risks.
These enhanced guidelines build upon the original 2020 Environmental Risk Management (ENRM) framework and place greater emphasis on transition planning, governance, underwriting and investment practices, data integrity, and disclosure obligations. Insurers are expected to progressively integrate climate-related considerations into strategic decision-making, risk management frameworks, and operational processes ahead of the September 2027 implementation deadline.
This programme provides insurance professionals with a practical understanding of MAS’ latest expectations and explores how insurers can develop credible, proportionate, and actionable transition plans. Participants will gain insights into managing both transition and physical climate risks while balancing commercial sustainability, underwriting discipline, investment stewardship, and regulatory compliance.
Key Learning Outcomes
By the end of the programme, participants will be able to:
Explain the key enhancements introduced under the MAS 2026 Transition Planning Guidelines compared to the 2020 ENRM framework.
Identify and interpret MAS’ supervisory expectations relating to governance, strategy, risk management, underwriting, investment, and disclosure for insurers.
Understand physical and transition climate risks relevant to insurance underwriting and investment activities.
Understand structured engagement approaches when assessing climate-related risks of policyholders and investee companies without indiscriminate withdrawal of coverage or investments.
Explain data gaps, modelling limitations, and the use of transition pathways in climate risk assessments.
Understand how to develop a practical implementation roadmap towards achieving compliance by September 2027.
Know available industry support mechanisms and legal advisory initiatives supporting climate transition planning and governance
Duration:
7 hours
Date(s):
5 August 2026
Time:
9.00 a.m. to 5.00 p.m.
Venue:
To Be Advised
CPD Hours:
7 CPD Hours
Closing Date:
Registration will close once all available places have been filled.
