Willis Towers Watson announced the appointment of Matt Scott as a senior director in its Climate and Resilience Hub.
Scott played an integral role in the Bank of England’s climate team under Governor Mark Carney from 2014 and led delivery of UK government’s landmark Green Finance Strategy in 2019.
In his new role, Scott will spearhead advice on policy, financial regulation and green finance as part of a growing climate business, helping clients manage risk and seize opportunities of the transition to a low carbon, resilient economy.
Scott brings more than two decades of experience at the intersection of climate, finance and sustainable business. At the Bank of England, he created the formative physical, transition and liability framework for climate-related financial risks and led the bank’s Climate Hub. He also supported the international agenda through the Anglo-Chinese chaired G20 Green Finance Study Group and Central Bank and Supervisors Network for Greening the Financial System (NGFS).
In 2018 he was seconded to the UK government, where he led the development and launch of the UK’s Green Finance Strategy which set expectations for mainstream TCFD disclosure by 2022. (TCFD is the Task Force on Climate-Related Financial Disclosures).
Scott had a background in science and, following an MBA at Stanford Business School, became a social entrepreneur, delivering solar lighting to off-grid villages in emerging markets. He also has experience in impact investing and teaches at the University of Oxford.
“Having known Matt and respected his climate work and leadership since 2014, his arrival is a major step in building a comprehensive and diverse team across the company through the Climate and Resilience Hub (CRH),” commented Rowan Douglas, head of the Climate and Resilience Hub.
“The CRH integrates expertise that clients require for the ‘Climate Decade’ ahead and strengthens the company’s commitment to global initiatives including the Coalition for Climate Resilient Investment and Insurance Development Forum,” he added.
About Climate and Resilience Hub
WTW’s Climate and Resilience Hub (CRH) helps organizations manage their climate-related risks and develop opportunities for an orderly transition to a low carbon, resilient economy. The CRH helps clients meet the new demands of regulatory, investor, consumer, employee and operating pressures. Under the Climate Quantified™ brand, analytics, advice and transactions are provided to enable corporate, finance and public sector institutions to prepare for the climate decade ahead.
Source: Willis Towers Watson
Topics Willis Towers Watson
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