Corporate Social Responsibility Directive (CSRD) and European Sustainability Reporting Standards (ESRS) (Virtual Classroom)

Introduction

This ESG online training is being delivered live in three 4-hour sessions which run from 09:00 – 13:00 London (UK).

This course is focused on providing a sound understanding of the requirements of the Corporate Social Responsibility Directive (CSRD) that comes into effect for large public-interest companies from 1 January 2024 as well as the accompanying European Sustainability Reporting Standards (ESRS). The EU taxonomy is also covered as it interlinks with the CSRD.

Participants will gain a technical understanding of, among other things, procurement practices, anti-corruption, anti-competitive behaviour and tax.

This course will also cover:

• Voluntary and mandatory standards and regulations that apply to ESG reporting in Europe.
• The requirements of the CSRD  
• The application of ESRS
• Recent developments in the field within Europe
• Double materiality
• The links between CSRD, ESRS with standards such as GRI, TCFD, SFDR and IFRS sustainability standards

Learning Objectives

At the end of this course participants will be able to:

• To comply with the requirements of CSRD
• To apply the ESRS
• To explain how CSRD and ESRS interlink with other standards in the field (TCFD, IFRS Sustainability Standards)
• To interpret and apply double materiality
• To discuss challenges and opportunities associated CSRD and ESRS reporting and disclosures

Who Should Attend

This course is ideal for accountants, managers and all other professionals who are involved the ESG and Sustainability reporting cycle within a large company in Europe or who more broadly engage with impact and sustainability.

Topics

• Introduction
  • Introduction to ESG reporting reporting in Europe
  • EU regulations taxonomy for sustainable activities
• CSRD:
  • Reporting requirements for ESG information and the link to ESRS
  • Requirements to certify that an adequate risk and control framework safeguarding and governing reported ESG information
  • Assurance requirement of reported ESG information
  • Requirements to digitally ‘tag’ the reported ESG information
• ESRS:
  • ESRS 1 General Principles
  • ESRS 2 General, strategy, governance and materiality assessment 
  • ESRS E1 Climate change
  • ESRS E2 Pollution
  • ESRS E3 Water and marine resources 
  • ESRS E4 Biodiversity and ecosystems
  • ESRS E5 Resource use and circular economy, 
  • ESRS S1 Own workforce
  • ESRS S2 Workers in the value chain
  • ESRS S3 Affected communities
  • ESRS S4 Consumers and end-users
  • ESRS G1 Governance, risk management and internal control
  • ESRS G2 Business conduct

Teaching Method

• Live instruction and illustrative examples
• Review & interpretation of social disclosures and 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 digital copies of the presentation slides, handouts and other course materials

Instructors

Venue

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