SUSTAINABILITY SCHOOL #28 - Sustainability Reporting – Myths and Realities

Description

ESG reporting (Environmental, Social, and Governance indicators) has gained increasing attention in recent years and is now at the forefront of business strategies. However, this type of reporting covers a broad range of topics and requires the use of standards whose adoption and implementation can be challenging for company management.

The legislative landscape of the European Union is constantly evolving, and the pressure from the business environment and investors is growing. Managers must quickly adapt to understand the concept of reporting, its implications for the company, how it relates to organizational performance, risk management, business strategies, and objectives, as well as how these will be implemented.

What You Will Learn

The Shift to ESG and Non-Financial Reporting: Non-financial reporting is now a key aspect of corporate transparency, with companies required to disclose ESG data to show their sustainability impact. This shift is driven by regulations like the NFRD and CSRD.
Role of EU Taxonomy and SFDR: The EU Taxonomy defines criteria for environmentally sustainable activities, promoting transparency and preventing greenwashing. The SFDR ensures financial market participants disclose sustainability risks and impacts.
EU Legislative Requirements: The NFRD, active since 2018, mandates large public-interest entities to report on ESG factors. The upcoming CSRD will broaden this to include more companies, including SMEs.
GRI Standards and Frameworks: GRI standards offer a clear framework for sustainability reporting, helping companies communicate their ESG impact and align with global sustainability goals.
Importance of Assurance and Materiality: Third-party assurance boosts the credibility of sustainability reports. Assurance frameworks like AA1000 ensure accuracy and relevance. The principle of double materiality highlights the need to disclose both the financial impact of sustainability risks and a company's societal and environmental impact.

Speaker

instructor

Aglaia Ntili

Managing Director, Sustainability Knowledge Group

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69,95 lei/year

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  • 1.5 Hours
  • 1 Speaker
  • Sustainability in Business Leadership
This course also includes:
  • 12-months access
  • Self-paced learning
  • Downloadable resource
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