The focus on Environmental, Social, and Governance issues (ESG) continues to accelerate as investors and other stakeholders seek to understand and assess material ESG factors in their investment, purchasing and employment decisions. ESG investment strategies already make up a large portion of US assets under professional management, and are poised to rise even higher.
This self-study webinar will address key drivers demanding corporate attention on ESG, and how financial reporting teams can help companies identify, assess, and disclose ESG issues in ways that increase trust with stakeholders and enhance corporate reputation and long-term value.
SPEAKERS:
Stuart Block, Sustainability Practice Director, Schellman
Robert Hirth, Chair Emeritus of the Committee of Sponsoring Organizations (COSO)
Sadie Rice, ESG Controller, Polaris Industries
Colin Tetreault, Senior Manager, Climate Change and Sustainability Services, Ernst & Young
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ESG Regulatory Updates
– Final SEC climate change disclosure rules
– California Climate Disclosure Rule
– Corporate Sustainability Reporting Directive (CSRD)
– European Sustainability Reporting Standards (ESRS)
– Future compliance -
ESG Governance
– Corporate governance framework
– CSRD reporting
– Oversight -
Enhancing ESG Disclosures
– Sustainability reporting
– COSO internal control framework
– ESG reporting challenges
– Assurance landscape
• Identify the entities subject to Scope 1 and Scope 2 GHG emission disclosure requirements
• Outline the compliance timelines for various registrants, including large accelerated filers
• Understand the disclosure requirements of Senate Bill 253, including Scope 1, Scope 2, and Scope 3 GHG emissions
• Differentiate between the disclosure obligations under Senate Bill 253 and other climate-related legislation
• Explain the dual dimensions of double materiality, including financial and societal/environmental impacts
• Recognize the importance of addressing societal and environmental impacts in sustainability reporting
• Distinguish between limited and reasonable assurance as applied to SEC and EU reporting frameworks
• Identify the assurance requirements for large accelerated filers under SEC climate-related disclosure rules
• Recognize the role of the European Financial Reporting Advisory Group (EFRAG) in developing the European Sustainability Reporting Standards (ESRS)
• Understand the reporting requirements under the Corporate Sustainability Reporting Directive (CSRD)
• Identify the required disclosures related to carbon offsets and renewable energy credits under the SEC’s rules
• Understand the role of accounting policies and aggregate amounts in reporting offsets
• Determine the scope of companies subject to EU Taxonomy regulations
• Recognize the importance of sustainability alignment in economic activities under the EU Taxonomy framework
• Identify common challenges in end-to-end ESG reporting, including data aggregation and alignment with frameworks
• Develop strategies to overcome process inefficiencies in ESG reporting