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Climate Risk and Resilience
Supporting Malaysia's business leaders with climate analytics, strategy and insurance
Climate advisory and insurance broking, all under one roof
Malaysia has set clear climate ambitions: to reduce our economy's reliance on greenhouse gases by 45% of GDP by 2030, and reach net zero by 2050. These bold targets are backed by the National Climate Change Policy 2.0 (NCCP 2.0), the National Energy Transition Roadmap (NETR), and impending climate legislation.
Climate strategy is a big focus of the Thirteenth Malaysia Plan 2026-2020, with specific plans to boost carbon trading, carbon capture and access to green financing. Alongside this, the National Sustainability Reporting Framework has begun its phased rollout, with thousands of businesses affected already – and many more to come.
Forward thinking leaders, in both the private and public sectors, are forging ahead with plans to safeguard their operations and build resilient a platform to succeed.
But it is not going to be easy. Malaysia's business leaders also face the following challenges:
- Problems accessing affordable insurance coverage
- Challenges accessing finance
- Reputation management issues (e.g. greenwashing)
- Compliance and legal issues
- New opportunities and markets
Seven ways we can support you
With climate advisory and insurance specialists all under one roof, we offer a streamlined, end-to-end service
- Predict, measure and adapt to the impacts of climate change
- Navigate the maze of climate regulation and compliance requirements
- Make sense of confusing, contradictory climate risk data
- Quantify climate risks and exposures
- Maximise the value of new opportunities
- Solve insurability and financing issues
- Get complex projects off the ground
Who we work with
In Malaysia and Southeast Asia we work with a wide range of clients, at all stages of their sustainability journey
Some examples include:
Agriculture / palm oil sector
Carbon capture and storage projects
Carbon credit buyers, sellers, and project developers
Construction sector
Charities and non-profits
Energy companies
Financial institutions
Food and drink companies
Government departments
Insurers
Investors
Logistics
Manufacturing firms
Marine
Building insurance thinking into your climate strategy – and equally, building climate thinking into your insurance strategy – ensures a joined up, pragmatic approach.
Science-based insight to cut through the noise
Our people come from a wide variety of backgrounds, blending a wealth of experience in climate science, policymaking and financial services.
Our fully tailorable analytics offering connects with your existing datasets. Supplementing your proprietary data with additional relevant sources, we’ll provide a balanced, objective view. We'll interpret the findings and present them in simple terms, free of jargon. Working with us, you'll cut through the noise, prioritise issues and solve problems.
Our services
Whatever stage you are at, our experienced climate advisory practitioners and insurance specialists are ready to support you
...a welcoming, professional manner devoid of jargon, which put our stakeholders at ease
At the Identify stage, our services include:
Climate and nature risks and opportunities assessment
Assess your exposure to physical, transition and liability risks relevant to your assets, operations, and supply chains. We’ll provide risk scores and recommend mitigation strategies, aligned to leading frameworks such as TCFD, TNFD, ISSB, and CSRD.
Decarbonisation target setting
We'll help you build a clear emissions profile, identify cost-effective reduction opportunities, and set credible decarbonisation targets.
Disclosure advice and support
We’ll guide you through evolving disclosure requirements with tailored gap analyses, peer benchmarking and actionable roadmaps.
ESG materiality and benchmarking support
Prioritise the most material ESG issues through tailored assessments and peer benchmarking.
Horizon scanning for relevant litigation and regulation
Get sector-specific snapshots, jurisdictional summaries, and peer case overviews that clarify regulatory impacts and enable proactive risk management.
At the Understand stage, we offer deeper dives into specific areas of concern:
Advanced scenario analysis for decision-making and stress testing
Using interactive workshops and enhanced quantitative analysis, we develop bespoke, decision-relevant scenarios and stress tests. Risk factors studied include climate variability, unmodelled risks and macroeconomic shifts.
Climate resilience advisory for real assets
Weigh up the costs and benefits of resilience investments across assets and portfolios. This includes financial impact analysis, cost-benefit assessments and insurability insights.
Existing strategy validation / expert opinion
We provide expert insights through ad hoc reviews, targeted research, and training. This helps you to validate strategies, fill internal knowledge gaps, and support innovation on emerging topics.
Green credentials review
Protect your business against greenwashing allegations and strengthen your public-facing sustainability messaging. We'll support you with regulatory gap analysis, peer benchmarking and tailored guidance.
Portfolio / supplier assessment framework
Get tailored frameworks to assess ESG, climate readiness, and disclosure maturity. This helps guide targeted support, monitor progress and reduce risk. Aligns to transition planning standards, e.g. ISSB, UKTPT, and GFANZ
Physical risk and natural catastrophe insurability review
Assess the financial impacts of climate and natural catastrophe risks. Get estimates of probable maximum loss (PML), identify top loss-driving assets, and evaluate resilience options.
Physical risks deep dive
Asset-level climate risk assessments to help you quantify financial impacts and make confident decisions.
Quantification of financial impacts
Translate climate-related physical, transition, and liability risks into financial metrics relevant to your business. Our process includes materiality assessments, stakeholder workshops, and insurance market trends analysis.
At the Take Action stage, we'll collaborate with you to create credible plans, backed by insurance
Adaption / Transition planning
Turn your climate transition ambitions into credible, actionable plans aligned to leading standards. Identify gaps, build internal ownership, and win stakeholder confidence.
Capacity building and training
Targeted training and workshops for senior leadership and key stakeholders, building confidence and capability to integrate climate risks, opportunities, and resilience into operations.
Carbon and nature-related projects advisory
Screen carbon and nature-related project propositions for key risks, from market and political to environmental liability and IP. Includes mitigation recommendations and insurance advice to de-risk early-stage investments.
Climate and nature strategy development
We’ll help you develop viable climate, nature, and ESG strategies by benchmarking peers, aligning goals, reviewing existing measures, and providing actionable roadmaps.
Energy transition technology advisory
We advise on end-to-end on risk and insurance for energy transition projects. This includes financing, operations, climate and NatCat exposures, and carbon credit generation risks.
Insurance placement and claims advocacy
Specialist insurance brokers and dedicated claims advisors will support you with product design, bespoke wordings and negotiations with insurers.
Strategic insurability advisory
We bring together insurers and clients to form long-term strategic partnerships around climate and nature objectives. This collaborative approach supports alignment on resilience and transition strategies, and drives innovation in relevant insurance solutions.
As the climate changes, so does insurance procurement. Be prepared.
As the effects of climate change increase and compound, purchasing insurance will become more complicated. It is highly likely that insurers will become much more selective as to which risks they take on.
Without a solid insurability strategy, your business may not be able to acquire the same insurance it has today. There may also be extra covenants in policies, with more stringent requirements on adaption measures and risk management efforts.
Insurability is the ability to secure affordable insurance for assets, investments, operations and projects. In the climate change era, maintaining insurability is fast becoming as important as maintaining a good credit rating.
To get affordable coverage, you’ll need to think like insurers think – and have the data to back it up.
Our team of climate practitioners and specialist insurance brokers are ready to support your insurability efforts. We’ll add value all the way from analysis and planning to insurance placement and claims advocacy.
Working together, we’ll build climate risk and insurability strategy into your decision-making models. By doing so, you’ll improve your negotiating position in the insurance markets, helping you achieve continuity of coverage.
Download our report, the Insurability Imperative, today.
Meet our specialists
Daniel Fairweather
Daniel Fairweather
Food Systems and Biodiversity
Dan Fairweather leads the Food Systems and Biodiversity within the Howden Climate Risk and Resilience Team. Dan has over 20 years’ experience in dealing with agricultural risks, mainly focussed on the aquaculture and livestock sectors. Starting out as a specialist Lloyd’s broker, Dan then went on to be the senior aquaculture underwriter at RSA for 7 years before retuning to broking, heading up the Livestock and Aquaculture Divisions at WTW and then Gallagher Speciality.
Latterly Dan has explored the use of parametric insurance and novel insurance products to incentivise environmental stewardship and support small-scale farmers and climate exposed communities. This work has led to a number of work streams with global environmental NGO’s to assess the role of finance and risk in the world of conservation.
Dan is increasingly looking at the regulation emerging around Nature and Biodiversity and exploring what can be done in the field of Biodiversity Credits and Biodiversity Net Gain and how risk management and insurance can support this. This work looks to learn from, and build on, the carbon credit market initiatives and emerging regulation.
Dan is a trained fish biologist, and is also currently a trustee for The Shark Trust, a global charity for the conservation of sharks, skates and rays.
Kheng Lay Saw
Kheng Lay Saw
Advisor – Client Engagement
Kheng Lay brings with her a wealth of professional experience and a distinguished track record of leadership within the insurance and risk advisory industry. Over the course of her career, she has held key positions with several prominent firms, including global brokerage powerhouse Marsh, leading insurer Sun Alliance, and most recently, served as the Chief Executive Officer of MP Honan.
Her extensive industry experience spans a wide range of areas, including strategic risk advisory, insurance programme structuring, and client relationship management. Kheng Lay has advised numerous multinational corporations, including those within the Fortune 100 and Fortune 500 groups, as well as large Malaysian conglomerates across diverse sectors such as financial services, manufacturing, telecommunications, and infrastructure.
Known for her deep understanding of both local and international markets, Kheng Lay has consistently delivered value-driven solutions tailored to her clients’ complex risk environments. Her leadership and expertise have contributed significantly to strengthening client portfolios and enhancing operational resilience through robust risk transfer strategies.
Beatrice Grace
Beatrice Grace
Corporate Risk Manager
Beatrice is a practicing insurance broker and obtained her qualification from the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) as a Senior Associate Member. Her experience spans both insurance companies and insurance broking firms from servicing & marketing in various industry in the servicing accounts role.
She has over 10 years wealth of experience and began her insurance career with a local insurance broking firm as an intern follow by a permanent position in the company and Underwriter with an international insurance company. She later joined back the insurance broking at Howden Insurance Broker in the year of 2019.
She has expertise and knowledge including Commercial Risk insurance solutions comprises of Real Estate, Retail, Hotel, Logistics, Plantation Industries, just to name a few.