Curriculum
- 6 Sections
- 33 Lessons
- 2 Days
- 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
Real-Life Implications: Case Study
Scenario: Reducing Carbon Footprint in Manufacturing
Background: ABC Manufacturing is a leading company committed to reducing its carbon footprint and embracing sustainable practices. Traditionally, the company has focused on tracking production volume and profit margins to measure success. However, recognizing the importance of environmental sustainability, ABC Manufacturing has decided to implement an ESG Scorecard to better capture its efforts in reducing its carbon footprint.
ESG Scorecard Metrics:
- Energy Consumption per Unit Produced:
- Metric Definition: This metric measures the amount of energy consumed by the company per unit of production output.
- Purpose: By tracking energy consumption per unit produced, ABC Manufacturing can identify opportunities to improve energy efficiency and reduce its overall carbon emissions.
- Target: ABC Manufacturing aims to reduce energy consumption per unit produced by 15% within the next two years, demonstrating its commitment to sustainability.
- Percentage of Renewable Energy Used:
- Metric Definition: This metric calculates the proportion of renewable energy sources, such as solar or wind power, utilized by the company in its operations.
- Purpose: By increasing the percentage of renewable energy used, ABC Manufacturing can decrease its reliance on fossil fuels and reduce its carbon emissions.
- Target: ABC Manufacturing aims to source 50% of its energy from renewable sources by 2025, contributing to its goal of achieving carbon neutrality.
- Waste Reduction Targets:
- Metric Definition: This metric sets targets for reducing waste generated by the company’s manufacturing processes.
- Purpose: By setting waste reduction targets, ABC Manufacturing can minimize its environmental impact and move towards a circular economy model.
- Target: ABC Manufacturing aims to achieve a 20% reduction in waste sent to landfills by implementing recycling initiatives, optimizing production processes, and encouraging supplier collaboration.
Conclusion: By implementing an ESG Scorecard with metrics focused on energy consumption, renewable energy usage, and waste reduction, ABC Manufacturing demonstrates its commitment to reducing its carbon footprint and embracing sustainable practices. By tracking these key performance indicators, the company can monitor progress towards its sustainability goals, drive continuous improvement, and create long-term value for both shareholders and society.