BMT announces partnership with IAM on Climate Resilience

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Image used for representational purposes only (Image Courtesy: BMT Group)

BMT has announced that the organisation is a conference sponsor, speaker and exhibitor at the 2021 Institute of Asset Management (IAM) Conference. The annual conference is focused on looking at how asset management can meet the challenges of climate change, and how it develops organisational resilience to the impact of climate change. It is scheduled to be held online from 14 June 2021 for a duration of 3 days of thought-provoking discussion, workshops and presentations led by industry experts.

BMT’s role at this conference, and indeed as a Patron of the IAM, signals its ongoing commitment and ambition to grow its climate change and sustainability capability and build partnerships aimed at shaping effective responses to the global climate agenda across Government, Defence, Transport and Energy sectors.

Greg Fisk, Global Lead for Climate Risk and Resilience at BMT, said, “As will be discussed at length at the upcoming COP 26, to avoid irreversible damage we must strive to reach net-zero by 2050 to stay on track with Paris Agreement goals. But equally, we need to assist governments, businesses and industry to understand and adapt to the increasing risks of what is now unavoidable climate change and more frequent extreme weather impacts.”

“Asset managers have a critical role to play in the response to climate change in the context of building climate resilience into new designs as well as adapting existing infrastructure to new conditions and building back better. It is great to be able to be part of this fantastic IAM event with its clear focus on the climate emergency,” added Fisk.

John Skelton, who leads on BMT’s asset management services, added, “As a Patron of the Institute of Asset Management, BMT are delighted to be exhibiting and presenting at this summer’s IAM Conference. Drawing on our expertise and experience in sectors such as maritime, defence, energy and environment, we provide mitigation and adaptation solutions to the Climate Emergency as an integral part of our Asset Management consultancy capabilities, most recently bolstered by being awarded Endorsed Assessor Status by the IAM.”

BMT’s participation at this event will involve a presentation on Day 2 on ‘How do I manage my assets to be climate resilient?’, led by Greg Fisk (Global Lead – Climate Risk and Resilience, BMT) and facilitated by John Skelton (Head of Asset Management Services, BMT). It will outline how our expertise, and flagship technologies such as our hydraulic modelling software TUFLOW®, have been used to help our clients better understand and minimise the impacts of climate change at a local scale that informs long term decision making about asset life, management and maintenance. We will feature case studies on our collaborative work with local and regional stakeholders that resulted in the effective management of their business’ climate risks and opportunities. Going beyond simply assessing and mapping hazard zones, to working collaboratively with clients to help them understand how climate will affect the intrinsic value of their assets and operations, has been one of BMT’s key service differentiators.

As BMT looks to support resilience in the context of climate change, the consultancy has also announced its growing involvement in various Climate and Environment projects in its key home markets with projects that range from municipal flood modelling studies in the UK through to climate change adaptation and relocation planning in the South Pacific.

The business adaptation move will see the organisation install dedicated teams in BMT’s international offices to focus on growth, with expertise incorporated alongside the full range of existing capabilities including natural hazard mapping and modelling, decarbonisation, climate innovation, blue carbon and nature-based solutions to climate change, water efficiency studies, and other environmental, social and governance (ESG) topics material to all sectors.

These developments follow BMT’s announcement last year that it is progressing toward a goal of net-zero emissions by 2050, while also committing to the principles of the Taskforce on Climate Related Financial Disclosures (TCFD) and investing significantly over the next decade in Climate and Environmental work across its key sectors and geographies.

“BMT is an established asset organisation with leading climate specialists and proven credentials in the domain. We recognise the growing urgency and importance of climate change and sustainability, and we want to play our part towards making a positive contribution for the future,” concluded Sarah Kenny, Chief Executive of BMT.

The IAM Annual Conference 2021 will focus on ‘Climate Emergency’. Join the event online from 14 – 16 June for 3 days of thought-provoking discussion, workshops and presentations led by industry experts.

Sea News, June 15

Baibhav Mishra
Author: Baibhav Mishra

Associate Editor, Sea News