Marsh has named Nick Faull (pictured above) as head of climate and sustainability risk, effective April 1.
Based in London, Faull will report to Amy Barnes, Marsh’s head of climate and sustainability strategy.
In his new role, Faull will help develop the brokerage’s global sustainability and climate services – including risk modelling and management – to support clients as they transition towards net zero carbon emissions. Faull will also work closely with Barnes and Ryan Bond, head of climate and sustainability insurance innovation, to address emerging risks related to the environment and the circular economy.
“Robust risk management has a critical role to play in increasing organisational resilience to climate-related risks, while supporting the transition to a more sustainable future and realising net zero ambitions,” Barnes said. “Nick has dedicated his career to advancing organisational understanding of sustainability and climate risk and brings a wealth of experience to the team that will be of great benefit to our clients.”
Faull joined Marsh in 2017 and was most recently head of strategic risk consulting for the UK & Ireland. Before joining Marsh, he was a principal at Oliver Wyman for nine years, consulting to financial services firms on a range of risk-related issues. As part of his post-doctoral research, Faull was the project coordinator for climateprediction.net, a climate modelling experiment created by the University of Oxford.
“Increasing their overall resilience to the risks associated with climate change, while meeting their obligations around sustainability, should be a key strategic priority for organisations as we move towards net zero and a nature-positive world,” Faull said. “I look forward to working with Amy, Ryan, and our Marsh colleagues to support clients in addressing these issues and helping build more resilient communities.”
