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Rodrigo explains how we should manage climate risks, warns that with the current trajectory, a society level climate chaos could happen by 2035? and argues why better risk literacy could help us all plan our future.
Rodrigo Souza is a senior lecturer in accounting and risk management at the Business School of the University of Roehampton. He has a significant professional and academic experience risk management, corporate governance, internal controls and internal and external auditing, and related areas including cost and management control accounting. He is especially interested in the implementation of risk management in relation to controllership, audit, corporate governance, environmental management and business planning.
Highlights of the episode:
10:23: Irreversible climate change might be happening much sooner than 2050. People, governments, institutions, and individuals must think about climate resilience.
11:53: David Spiegelhalter from Cambridge University, a statistician from the Royal Society, talks about risk literacy: https://www.science.org/doi/abs/10.1126/science.1191181
12:53 report from the Institute and Faculty of Actuaries about the IPCC report and about climate change fundamentally affecting human life taking place as early as 2035: https://actuaries.org.uk/media/gebdhxzi/climate-emergency-final-report.pdf
https://actuaries.org.uk/media/isvotyer/parasol-lost.pdf
14:45: climate change as an interconnected risk
17:30: about availability bias
21:20: about the importance of changing the rhetoric and the framing of climate change
22:34: it is essential to move from observation mode to action mode
23:00 rapid fire quiz with letter 'K':
- Key Performance Indicators, KPIs
- Kyoto Protocol, and in general, global agreements
Note: 24:10: Larry Fink pronouncement earier this year: https://www.cnbc.com/video/2026/04/14/watch-cnbcs-full-interview-with-blackrock-ceo-larry-fink.html
24:20: adding another ‘E’, Economic, before ESG, Environmental, Social and Governance
24:35 People, planet and profit vs people, planet and prosperity: https://www.youtube.com/watch?v=qnu_xGel2xg
https://www.forbes.com/sites/jeroenkraaijenbrink/2019/12/10/what-the-3ps-of-the-triple-bottom-line-really-mean/
29:18: So, for instance, for the first time in history, neuroscientists have verified that the IQ of people is decreasing with AI: https://thequantumrecord.com/philosophy-of-technology/global-iq-decline-rise-of-ai-assisted-thinking/
https://www.bbc.co.uk/news/articles/cd6xz12j6pzo
30:11: AI as a global challenge to climate change
30:49: Oxford professor, Juliane Reinecke, about the desirable worlds: https://ora.ox.ac.uk/objects/uuid:2e91cff1-bda2-43fa-86dc-b1e6d48c48b4/files/s2514nn59z
37:14: why it is important to become risk literate in the everyday life
39:02: further research and paralels to earlier crises: https://www.aicpa-cima.com/resources/download/building-and-enhancing-organisational-resilience-before-and-after-covid-19
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This was Gabor Sarlos, with Ready, Steady, Green!
podcasting: Ready, Steady, Green
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