Advanced Sustainability & Reporting Standards: Enhancing Corporate Transparency and Accountability (Duration: 3 days)

Course Date
Venue
Course Fee/pax
7-8 August 2023 IISc Bengaluru INR

Sustainability is important to senior level managers, sustainability champions and business leaders because it can enhance a company’s reputation and brand value, reduce costs, ensure regulatory compliance, and manage risks. By adopting sustainable practices, companies can build a more resilient and profitable future.

Consumers and investors are increasingly interested in doing business with companies that demonstrate a commitment to sustainability, and such companies are more likely to attract and retain customers and investors. Sustainable practices can help reduce costs in the long term. By minimizing waste and using resources more efficiently, senior managers can save money on energy and raw materials, reduce operational expenses, and improve their bottom line.

Sustainability practices can help companies manage risks associated with environmental, social, and governance issues. For example, companies that rely heavily on a single resource or supplier may face significant risks if that resource becomes scarce or that supplier is involved in unethical practices. By adopting sustainable practices, companies can diversify their resources and supply chains, reducing their vulnerability to such risks.

This three-day course is designed to introduce participants to the best practices of sustainability and reporting standards, the importance of verification and assurance in reporting, the key reporting frameworks, and how to lead sustainability reporting within their organisations. It will also enable participants to integrate sustainability goals within their corporate strategies and introduce them to emerging trends in green economy

It also allows them to have a hands-on practice on carbon management solution developed by PlanetWise for carbon accounting in Supply Chain and reporting

Target Audience
Middle & Senior Level Managers, Project Managers, Sustainability Champions

Private, public & government sectors, manufacturing & service Industries and financial institutions

Content

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

Day 1
Understand the importance and benefits of sustainability reporting
Overview of sustainability reporting frameworks and standards, such as GRI Standards, SASB Standards, TCFD, and SDGs
Identify key stakeholders and their information needs
Understand how to conduct a materiality assessment and identify the most relevant sustainability issues for your organization
Learn how to engage with stakeholders and incorporate their input into your reporting process
Identify best practices for stakeholder engagement and communication
Understand how to collect, manage, and analyze sustainability data
Learn how to use data to identify trends, gaps, and opportunities
Identify best practices for data management and analysis

Day 2
Understand the principles and requirements of sustainability reporting frameworks and standards, such as GRI Standards, SASB Standards, TCFD, and SDGs
Learn how to apply these standards to your sustainability reporting process
Identify best practices for reporting on specific sustainability issues, such as climate change, human rights, and diversity and inclusion
Understand the importance of assurance and verification in sustainability reporting
Learn how to choose an appropriate assurance provider and scope
Identify best practices for preparing for and undergoing an assurance process
Understand how to effectively communicate sustainability performance and impact to stakeholders
Learn how to integrate sustainability reporting into annual reports and other communication channels
Identify best practices for disclosure and transparency

Day 3
Understand the concept of integrated reporting and its benefits
Learn how to integrate sustainability information into financial reporting
Identify best practices for sustainability accounting and reporting
Understand the latest trends and emerging issues in sustainability reporting
Learn from case studies and best practices of leading companies in sustainability reporting
Identify opportunities and challenges for advancing sustainability reporting in your organization
Develop an action plan for advancing sustainability reporting in your organization
Identify next steps for implementing sustainability reporting best practices
Review course highlights and takeaways