A free webinar hosted by Skenario Labs and Red Queen Advisory

Preparing for PRA CP10/25 by embedding asset-level climate risk into ICAAP and capital frameworks, linking regulation with practical scenario analysis.

Building societies face a new regulatory frontier: embedding climate risk into credit, capital, and ICAAP processes. With PRA Consultation Paper 10/25 and forthcoming updates to SS3/19, regulators are making clear that climate-related financial risks are no longer optional add-ons but core elements of prudential risk management.

Yet many mutuals still rely on portfolio averages and outdated data sets, leaving them exposed to hidden concentrations, flood risks, and long-term transition impacts. This creates a gap between regulatory expectations and current practice, and risks higher capital charges if not addressed.

Meanwhile, capital management teams are under pressure to deliver accurate, defensible stress tests and scenario analysis that link climate pathways to loan-level exposures. The challenge: how to generate asset-level insights, integrate them into ICAAP, and turn compliance into a competitive advantage.

In this webinar, SkenarioLabs (property data and scenario modelling experts) and Red Queen Advisory (regulatory and risk specialists) will show how building societies can align with PRA expectations by combining regulatory insight with practical modelling tools. You’ll also see a live portfolio stress-test demo illustrating how climate risk translates directly into capital impacts.

What you’ll learn:

• Regulatory Update: Understand the impact of PRA CP10/25, timelines for SS3/19, and new expectations on governance, data, and scenario analysis.
• Case Study Demo: A mock building society portfolio stress-tested for flood and EPC transition risks, with regional heatmaps and capital impact shown live.
• Risk Appetite: Worked examples of how to use data to build out your climate risk appetite based on data.
• Climate Scenario Analysis: How to define climate risk thresholds (e.g. EPC or flood exposure) and model climate scenarios.
• ICAAP and Reverse Stress Testing: How to justify capital requirements through stress testing and identify what would break the society for the reverse stress.
• Options for Mutuals: Practical and cost-effective approaches to portfolio reviews, from DIY methods to comprehensive analysis.

Who should attend?

This session is designed for professionals in:

• CRO / Risk Leadership
• Prudential & Regulatory Risk
• ICAAP / Capital Management
• Credit Risk & Portfolio Risk
• Climate Risk & Sustainability

SkenarioLabs provides AI-driven property data and scenario modelling for lenders, enabling climate-aware credit, capital, and portfolio decisions.

Red Queen Advisory are trusted advisors to building societies on risk and regulation.