4/20/2009 - Richard Sandor, chairman and CEO of the Chicago Climate Exchange (CCX), which helps companies minimize their greenhouse gas emissions through a cap and trade system, delivered a guest lecture at the Kellogg School on April 14.

In his presentation, held at the James L. Allen Center, he discussed climate change implications for enterprise risk management. He also detailed the evolution of the business environment that led to the creation of the CCX as well as the growth, development and benefits of the organization itself.

Calling the rise of CCX something of a “case study” for market innovation, Sandor said his organization’s history also holds lessons about risk management.