Event box

Decorative image of city with skyscrapers and Pentland Centre logo. Text reads: Novel Risk Translation: Climate Change and the Real Estate Industry. Michael Scotney, Lancaster University

Michael Scotney will be presenting his findings from his working paper co-authored with Professor Brendan O'Dwyer, entitled "Novel Risk Translation: Climate Change and the Real Estate Industry". The study seeks to understand how and why climate risk perceptions and associated climate risk management practices have changed over the past twenty years in the real estate sector. The aim of the event is to share the findings with an interested audience and to gain critical feedback on the project's potential contributions, particularly the validity of the process model presented. 

This study explores how translations of novel risks evolve, propagate, and transform across a value chain. Using a field-level, longitudinal case study of climate-related risk in the real estate sector, the paper uncovers how risk apparatuses influence the way in which climate-related risks are translated. Specifically, it presents a comprehensive analysis and underlying process model depicting the evolution and underlying drivers of climate-related risk management in the real estate sector. The analysis refines and extends Hardy and Maguire’s (2020) ‘Ecology of Risks’ framework in order to develop our understanding of risk management revolving around novel risks associated with ‘grand challenges’. The paper also unearths unique insights relevant for policymakers with regard to how the wider institutional environment influences an industry’s conception of, and engagement with, climate-related risks. Finally, the study contributes to the risk management literature by enriching the concept of ‘risk apparatuses’. This involves illustrating how divergent apparatuses are associated with different outcomes in relation to the treatment, perception and manageability of risk objects, thereby highlighting the utility of examining the strategic nature of risk apparatuses.

All welcome - registration required (see bottom of page). 

UPDATE 14 FEB 23: Due to circumstances beyond our control Charles Carter A05 is not accessible today. This event is moving to the Management School West Pavillion Meeting Room B022.  Event times remain the same.  People who have registered will be updated by email.2

Photo at top of page by Sebastian Wagner (pixabay)


Date:
Tuesday, February 14, 2023
Time:
13:30 - 14:30
Location:
Charles Carter A05
Presenter:
Michael Scotney

Michael ScotneyMichael Scotney is a third-year PhD candidate in Accounting at Lancaster University Management School. His research is particularly focused on non-financial reporting, using qualitative methodologies. Much of this revolves around understanding how real sector organisations are grappling with climate change from a risk perspective, including the influence of the Task Force on Climate-related Financial Disclosures. His supervisor is Professor Brendan O'Dwyer, Chair of Accounting at Alliance Manchester Business School and Amsterdam Business School. 

 

 

 

 

Health & Safety and access information

- In order to safeguard everyone's health, if you test positive for Covid-19 before the event, or are feeling unwell in any way, please don't attend (and please let us know).

- You are encouraged to wear face coverings during the event, unless eating and drinking.

- Please maintain good hand hygiene, washing your hands regularly/before eating or drinking, and making use of hand sanitiser.

- The room is wheelchair accessible.

 

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