Sarmistha Kaparia

Environmental & Social (E&S) risk governance professional with 10+ years of progressive experience in climate risk assessment, ESG governance framework development, regulatory monitoring, second-line oversight, and enterprise-wide risk controls across regulated industries. Proven ability to develop and maintain risk governance documentation, conduct gap analyses against regulatory requirements, translate evolving E&S and climate risk regulations into clear policy and control outcomes, and produce high-quality reporting for senior leaders and oversight committees. Deep expertise in OSFI B-15, TCFD, ISSB S1/S2, CSDS 1 & 2, GRI, SASB, and CDP frameworks — with demonstrated experience functioning within three-lines-of-defence risk governance models, providing constructive second-line challenge, and partnering cross-functionally with Risk, Internal Audit, Legal, Finance, and Compliance to strengthen control environments.

Strong written and verbal communication skills, sound professional judgment, and a measured, self-directed approach to operating in ambiguity — well positioned for the Senior Manager, E&S Risk Governance & Controls role at BMO.

Sustainability Coordinator — E&S Risk, Governance & Disclosure - Hydro One

(2023-03)

Hydro One is Ontario's largest electricity transmission and distribution utility — a publicly listed, regulated entity subject to OSFI B-15 climate risk guidelines, Ontario Securities Commission disclosure requirements, and evolving E&S risk regulatory expectations with significant physical and transition risk exposure.

• Function within the second-line-of-defence — providing constructive challenge to E&S and climate risk disclosure owners across Finance, Risk, Legal, and Corporate Affairs, assessing accuracy, consistency, and alignment with OSFI B-15, TCFD, ISSB S1/S2, GRI, and SASB frameworks.
• Support the development and maintenance of the ESG disclosure governance framework and internal controls environment — including risk policy documentation, data governance standards, audit trails, and control design aligned with enterprise risk management expectations.
• Conduct and maintain detailed gap analyses against evolving E&S and climate risk regulatory requirements — assessing the organization's current state against OSFI B-15, CSDS 1 & 2, ISSB, and CSRD expectations and developing remediation roadmaps.
• Closely monitor regulatory developments on E&S and climate risk from international governance bodies and prudential regulators — synthesizing OSFI, ISSB, TCFD, CSRD, EBA, and BCBS developments and communicating key impacts to senior internal stakeholders.
• Centrally manage contributions to the annual Climate Report and Sustainability Report — coordinating inputs from Risk, Finance, Legal, and Operations, ensuring quality, consistency, and regulatory alignment across all E&S risk-related public disclosures.
• Benchmark the organization's E&S risk program against peer organizations and regulatory expectations — managing benchmarking surveys and questionnaires and providing strategic intelligence to inform program development.
• Prepare and present E&S risk reporting materials for Board, Audit Committee, and senior leadership review — producing concise, high-quality documentation that clearly communicates risk trends, emerging issues, and mitigation progress.
• Partner with Enterprise Risk Management, Internal Audit, Finance, and Legal to integrate E&S risk considerations into relevant policy documents and enterprise risk frameworks — socializing E&S risk with policy owners and ensuring regulatory requirements are embedded in controls.
• Support the ongoing maintenance of the control environment — monitoring control effectiveness, identifying gaps, recommending corrective actions, and ensuring E&S risk controls meet audit and regulatory standards.
• Coordinate with external assurance providers — ensuring E&S risk data, documentation, and controls are audit-ready and aligned with ISAE 3000 assurance expectations.

Corporate Partnerships Coordinator - Jack.org

(2022-11 - 2023-02)

Jack.org is a leading Canadian youth mental health charity with national advocacy and corporate engagement programs.

• Developed high-quality written deliverables, impact reports, and stakeholder communications — building strong documentation and analytical communication skills applicable to E&S risk reporting and governance.

Corporate Social Responsibility Manager — APAC - Believe Digital Pvt. Ltd.

(2021-11 - 2022-07)

Believe Digital is a global technology company; this role led E&S governance, risk oversight, and regulatory compliance across the Asia-Pacific region within a global enterprise risk framework.

• Managed E&S governance structure and risk oversight across APAC — identifying and assessing social, environmental, and reputational risks within regional business operations and ensuring alignment with enterprise risk appetite and policy frameworks.
• Monitored regional regulatory and E&S risk developments across multiple APAC jurisdictions — synthesizing regulatory changes, assessing business impacts, and translating requirements into clear internal policy and control guidance.
• Managed ESG data validation processes and internal controls — identifying data quality risks, implementing remediation actions, and ensuring E&S disclosures were accurate, consistent, and audit-ready.
• Developed E&S risk reporting and communications for senior leadership — providing concise, data-driven updates on risk performance, control effectiveness, and emerging regulatory issues.

Sustainability Initiatives — Senior Associate - Himalaya Wellness Company

(2019-03 - 2021-10)

Himalaya is a multinational consumer health and wellness company operating across 100+ countries with complex environmental compliance, social risk, and regulatory governance obligations.

• Evaluated and assessed E&S risks across business operations — conducting gap analyses against regulatory requirements and developing action plans to address identified control weaknesses and compliance gaps.
• Managed cross-functional risk and compliance engagement across HR, Legal, EHS, Packaging, Marketing, and Finance — driving organizational risk awareness and adoption of E&S risk controls and governance practices.
• Monitored federal and provincial E&S regulatory developments — translating emerging requirements into internal policy updates, compliance guidance, and stakeholder communications.
• Led external E&S risk communications with government bodies, NGOs, regulators, and media — managing reputational risk through transparent, credible public reporting and proactive stakeholder engagement.

Fund Development & Communications Manager - SOS Children's Villages of India

(2018-04 - 2019-03)

• Developed high-quality written reports, proposals, and accountability documentation for institutional audiences — building strong analytical writing and stakeholder communication skills applicable to senior committee-level reporting.

Corporate Partnerships Associate - Amnesty International India

(2017-02 - 2018-04)

• Managed complex stakeholder relationships in a governance and compliance-sensitive environment — building consensus across diverse organizational stakeholders and navigating evolving regulatory and reputational risk landscapes.

Resource Mobilization — Senior Associate - Smile Foundation

(2014-12 - 2017-01)

• Led resource mobilization and stakeholder engagement — managing multiple concurrent priorities with strong organizational discipline and delivering high-quality outcomes in a dynamic, fast-paced environment.

MBA / PGDMM - SVKM's Narsee Monji Institute of Management Studies, Mumbai (2019)

M.A. - English Literature - Rabindra Bharati University, Kolkata (2015)

B.A. - English Literature - University of Calcutta, Kolkata (2013)