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ESG Fundamentals - Comprehensive Workshop (5 days)

Course Details

Code:9011
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Introduction

This course is aimed at senior professionals in large and small organisations who engaging or are ready to engage with mandatory and voluntary ESG requirements.

ESG adoption is often predicated on either the push of investors or the pull of customers. A growing number of investors, both institutional and private, and in developed and emerging markets alike, look at ESG risks as a testing ground for their portfolio companies. The ones that perform well on ESG are well-positioned for the future and have better chances of adapting their products and services to a global consumer base that is increasingly demanding environmental protection, respect for human rights and corporate transparency. The number of financial institutions that integrate ESG in their decision-making processes is on the rise globally, and it is expected to increase in a post-Covid economy as studies have shown that companies with high ESG ratings held up better than their competitors during the crisis.

In some cases, ESG reporting is being mandated. For example, the Corporate Social Responsibility Directive (CSRD) comes into effect for large public-interest companies in Europe from 1 January 2024. We can expect to see more examples of this type of legislation over the coming years.

In this course, we will begin with the baseline of ESG relevance and rising ubiquity in common investment and company discourse. We will review the rise of ESG amongst private and public sector entities and explore its relevance to various industries. We will discuss the principle of materiality and practise applying materiality assessments using several common ESG frameworks.

We will explore case studies, workshop concepts, and ensure participants walk away with practical tools and insights to use in their own ESG reporting and compliance work. We will review the ways in which ESG not only mitigates risk but adds value to an underlying asset.

Finally, we will take course participants through the process of ESG reporting to workshop stages of the process, data collection principles, narrative development, telling a holistic story, and the final stage of ESG report assurance.

Learning Objectives

By the end of this course, participants will be able to:

  • Describe ESG challenges and explain how ESG reporting contributes to sustainable human development
  • Explain the motivators for company adoption of ESG reporting
  • Draft a compelling narrative related to a company’s ESG performance
  • List and explain the types of ESG data required to address ‘E’, ‘S’, and ‘G’ disclosures
  • Implement the process for identifying an organization’s impacts and determining material topics
  • Determine the ESG exposure of an organization and how to position responsive ESG programs
  • Explain how ESG adds value to an underlying asset
  • Navigate and interpret the most common voluntary ESG reporting frameworks (e.g. ISSB, TCFD, GRI)
  • Explain the mandatory ESG reporting for listed companies in Europe (CSRD & ESRS)
  • Explain how to leverage ESG performance to raise capital

Who Should Attend

The course is aimed at those currently planning, overseeing or executing ESG and Sustainability risk mitigation, value addition, and reporting. It is also ideal for senior managers seeking a comprehensive understanding of ESG prior to involvement in these strategic activities.

Topics

  • ESG and why it is important
  • Global developments regarding ESG
  • ESG Strategy vs ESG Tactics
  • Materiality
  • Mandatory ESG reporting in Europe (CSRD & ESRS)
  • Voluntary ESG reporting frameworks
  • Accounting for climate change
  • The International Sustainability Standards Board (ISSB)
  • ESG Data, Accounting, and Information Management
  • Data collection principles
  • ESG report assurance
  • The ESG arbitrage effect
  • ESG Throughout the Investment Lifecycle
  • ESG risk mitigation & value creation
  • Telling a compelling and honest ESG story
  • The power and value of narrative in ESG reporting

Teaching Method

  • Group live instruction and illustrative examples
  • Review & interpretation of ESG information to illustrate key points
  • Practical workshop exercises using realistic scenarios, case studies, examples of best practice and the models you can use back in the workplace
  • Interactive participation will be encouraged
  • All participants will receive a comprehensive electronic file, containing copies of the presentation slides, handouts, and other course materials

Instructors

The instructor for this course will be drawn from one of our core faculty of subject matter experts. Further details will be published at the earliest opportunity.

Venue

Our seminars take place in professional conference facilities, usually situated within a carefully chosen and well-located hotel. We use prestigious brands such as Radisson Blu, Hilton and Marriott.

Detailed Joining Instructions are sent to all registered delegates by email approximately one month before the event. The Joining Instructions will confirm exact venue details and nearby (or onsite) hotel recommendations with bedroom rates where available. Refreshments and lunch are provided at our events.

CPE/CPD Accreditation

IASeminars is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

 

Field of study: Accounting

Prerequisites

Participants should have a basic understanding of what Environmental, Social and Governance (ESG) means.

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