ESG : Preparing for External Reporting Requirements

Compétences acquises :

Know how to develop a fit-for-purpose ESG data management and governance approach within the organization, from SME through multinationals.

Recognition of existing processes, tools and systems that will support ESG reporting needs for management and for external users.

Know how to design and implement new ESG tools and processes where required to support management or external user needs.

Présentation générale :

In an increasingly complex reporting arena, which now includes ESG, businesses need data to manage their operations, reduce risk and optimise opportunities. As ESG migrates into the existing reporting structures of an organization, critical gaps are emerging which need to be addressed to support external reporting, from CSRD to IFRS Sustainability standards and other local reporting requirements.

Implementing best in class data, processes and tools that are suited to the organization will facilitate external reporting requirements and allow an organization to embed the insights into a new sustainable business model.

Programme :

Using real sustainability use-case examples from multi-industry companies, we will use a building block approach in the learning objectives:

Sequence 1 : Sustainability Reporting Basic Requirements

• A refresher on data management – transferability to sustainability data.
• An introduction to the new data management, governance and analysis areas for ESG.

[Mini quiz] – metric matching with definitions/concepts or multiple choice.

Sequence 2 : Contrasting Sustainability & Financial Reporting Processes

In this module we consider where existing finance processes may be leverageable to sustainability processes and where new ones are required to be developed and implemented:

• Similarities and differences between sustainability and financial reporting data & processes.
• A data governance and organizational structure approach that embeds ESG – how the model needs to evolve.

[Case study learning].

[Group role applied case – group to finish partially completed consolidated sustainability report with management asking 1-2 data management or governance questions of each team].

Sequence 3 : Looking into the Future: Possible ESG Reporting Approaches

• Understanding the existing enterprise tools available and which are usable for ESG management, versus where new tools may be better suited.
• Designing a RACI model that is suitable for either a centralized or decentralized management model, an SME or large organizational structure and a Group versus local statutory reporting model.

[Applied learning – designing a fit-for-purpose RACI model for the attendees own organizational and sharing it with the Group for feedback].

Sequence 4 : ESG Reporting – Reality Sets In

• Recognizing that absent a universal market solution, there are several fit for purpose options an organization can leverage when designing an end-to-end ESG reporting solution.
• Knowing the right questions to ask to ensure an ESG process design that has organizational buy-in and management support.

[Case study applied].

Offre de formation :