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 – Governance considerations
In the intricate dance of corporate ballet, governance wields the conductor’s baton, orchestrating harmony amidst the chaos. Like a well-choreographed routine, effective governance sets the stage for success, ensuring that every player knows their steps and executes them with precision. It’s the guardian angel of shareholder interests, the compass guiding companies through stormy seas of uncertainty, and the beacon illuminating the path to ethical excellence. With a dash of wit and a sprinkle of wisdom, governance transforms the corporate world into a stage where integrity takes the spotlight, accountability dances in rhythm, and transparency shines like a dazzling star. So, let’s raise our glasses to governance – the unsung hero of the boardroom – for without it, the corporate stage would be a mere cacophony of missteps and missed opportunities.
Key Considerations:
- Board Composition:
- Diverse and Independent Board: Ensuring diversity and independence on the board of directors, with members possessing relevant expertise, fosters robust decision-making and oversight.
- Strong Oversight of ESG: Boards should establish strong oversight of ESG risks and opportunities, recognizing their importance in driving long-term value creation and safeguarding the interests of stakeholders.
- Regular Evaluation: Regular evaluation of board effectiveness helps ensure that the board composition remains aligned with the company’s strategic objectives and evolving ESG priorities.
- Executive Compensation:
- Tie to ESG Performance: Linking executive compensation to ESG performance alongside financial metrics aligns incentives with long-term value creation and encourages responsible business practices.
- Long-Term Value Creation: Promoting a culture of long-term value creation emphasizes sustainable growth and resilience over short-term gains, aligning executive interests with those of shareholders and other stakeholders.
- Transparency: Transparency in executive pay packages ensures accountability and fosters trust among investors, employees, and other stakeholders.
- Risk Management:
- Proactive Risk Identification: Proactively identifying and managing ESG risks, such as climate change regulations and supply chain disruptions, is essential for protecting the company’s reputation, minimizing financial losses, and seizing opportunities for innovation and growth.
- Integration into Risk Framework: Integrating ESG considerations into the enterprise risk management framework ensures that these risks are systematically identified, assessed, and addressed alongside traditional financial risks.
- Contingency Planning: Developing contingency plans to mitigate ESG risks enables the company to respond effectively to unforeseen events and disruptions, preserving business continuity and safeguarding shareholder value.
- Transparency and Accountability:
- Regular Reporting: Being transparent about ESG performance through regular reporting enhances accountability and enables stakeholders to assess the company’s progress against its sustainability goals and commitments.
- Clear Accountability: Establishing clear lines of accountability for ESG performance within the organization clarifies roles and responsibilities and ensures that sustainability initiatives are effectively implemented and monitored.
- Leadership Accountability: Holding leadership accountable for achieving ESG goals demonstrates a commitment to responsible governance and reinforces the company’s commitment to sustainability as a core business imperative.
In summary, the governance dimension of ESG encompasses a range of considerations related to board composition, executive compensation, risk management, transparency, and accountability. By prioritizing strong governance practices and integrating ESG considerations into decision-making processes, companies can enhance stakeholder trust, mitigate risks, and drive long-term value creation for shareholders and society.