Curriculum
- 6 Sections
- 33 Lessons
- 2 Days
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- Demystifying ESG - Understanding ESGThis module provides a foundational understanding of ESG (Environmental, Social, and Governance) principles and their growing relevance for today's executives. Learning Objectives: Gain a foundational understanding of ESG (Environmental, Social, and Governance) principles. Explore the key drivers influencing the growing importance of ESG in today's business environment. Recognize the potential impact of ESG on companies and their future strategies.6
- Detailing ESG - What and Who?6
- Materiality Assessment - Tool to evaluateThe Materiality Assessment of ESG module provides participants with a comprehensive understanding of the materiality concept within the context of Environmental, Social, and Governance (ESG) considerations. Through this module, participants will learn how to identify, prioritize, and assess the significance of ESG issues that are most relevant to their organizations and stakeholders. By leveraging practical tools, frameworks, and case studies, participants will gain the knowledge and skills needed to conduct effective materiality assessments, enabling them to focus resources on addressing key ESG risks and opportunities that drive long-term value creation. Objective Learnings: Understanding Materiality: Gain a deep understanding of the materiality concept and its significance in the context of ESG integration within organizations. Identifying Key ESG Issues: Learn techniques for identifying and prioritizing key ESG issues based on their relevance to the7
- ESG Scorecard - Tools for EvaluationThis module series explores ESG (Environmental, Social, and Governance) factors, covering what they involve and their impact on organizations and leaders. Participants gain insights into environmental concerns like climate change, social aspects including diversity and labor practices, and governance7
- 4.1Basics and Theory of ESG scorecard10 Minutes
- 4.2Real-Life Implications: Case Study15 Minutes
- 4.3Building Your ESG Scorecard: A Framework – Production Based Companies15 Minutes
- 4.4Building Your ESG Scorecard: A Framework – Service Based Companies10 Minutes
- 4.5Weighting & Scoring System10 Minutes
- 4.6Real-Life Outcomes & Considerations15 Minutes
- 4.7QnA
- CompetitionThis module examines the competitive landscape within the ESG domain, exploring how it's determined and factors to consider. Participants gain insights into assessing their company's performance within this landscape and engage in practical exercises guided by the trainer.6
- Case Study And Discussion3
Understanding ESG – Social considerations
Social and Society form the core of Human interactions and needs that align our goals on an individual level. Coming to the question of society/ social in the corporate world, we look quickly through the key considerations and see the factors that align the most with the relevant industries.
Key Considerations:
- Labor Practices:
- Fair Labor Practices: Companies should ensure fair treatment of workers throughout their supply chain, including fair wages, reasonable working hours, and adherence to health and safety standards.
- Diversity and Inclusion: Promoting diversity and fostering an inclusive workplace culture is essential for attracting and retaining talent, driving innovation, and promoting social cohesion.
- Worker Rights: Respecting worker rights to freedom of association and collective bargaining is fundamental to upholding labor standards and ensuring fair and equitable working conditions.
- Diversity and Inclusion:
- Promote Diversity: Companies should actively promote diversity in their workforce, including in hiring, promotion, and leadership positions, to reflect the broader society and harness the full potential of diverse perspectives.
- Inclusive Work Environment: Creating an inclusive work environment where everyone feels valued and respected is crucial for fostering collaboration, creativity, and employee engagement.
- Benefits of Diversity: Leveraging the benefits of a diverse workforce, including enhanced creativity, problem-solving, and decision-making, can drive innovation and business success.
- Human Rights:
- Respect Human Rights: Companies must conduct business with respect for human rights throughout their supply chain, ensuring they are not complicit in human rights abuses such as forced labor or child labor.
- Avoid Complicity: Vigilance is required to identify and address any instances of human rights abuses within the company’s operations or supply chain, including through partnerships with organizations promoting human rights.
- Partnerships: Collaborating with human rights organizations can provide valuable insights and support for addressing complex human rights issues and promoting social justice.
- Consumer Protection:
- Product Safety and Quality: Ensuring the safety and quality of products and services is essential for building consumer trust and confidence in the brand.
- Transparency: Being transparent about marketing and advertising practices helps build credibility and trust with consumers, who increasingly expect honesty and authenticity from companies.
- Addressing Concerns: Responsively addressing consumer concerns and complaints demonstrates a commitment to customer satisfaction and ethical business practices.
- Community Engagement:
- Corporate Citizenship: Companies should strive to be responsible corporate citizens by investing in the communities where they operate and contributing to social and environmental initiatives that benefit society.
- Partnerships: Partnering with local organizations and community groups can amplify the impact of corporate social responsibility efforts and foster meaningful engagement with stakeholders.
- Community Well-being: Supporting the well-being of communities, including through education, healthcare, and economic development initiatives, helps build long-term relationships and create shared value for both the company and society.
In summary, the social dimension of ESG encompasses a wide range of considerations related to labor practices, diversity and inclusion, human rights, consumer protection, and community engagement. By prioritizing social responsibility and fostering positive relationships with employees, communities, and stakeholders, companies can enhance their reputation, strengthen their social license to operate, and contribute to sustainable development and inclusive growth.