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
What and Why of Materiality?
Theory Based Lesson
A materiality assessment is a systematic process undertaken by companies to identify and prioritize the Environmental, Social, and Governance (ESG) issues that have the most significant impact on their business and stakeholders. Think of it as a compass guiding companies through the complex terrain of sustainability, pinpointing the issues that truly matter for their long-term success.
Why is a Materiality Assessment Important?
- Focus & Prioritization: By pinpointing the most critical ESG issues, companies can allocate resources and efforts effectively, focusing on areas where they can make the most significant impact and drive sustainable growth.
- Stakeholder Engagement: Materiality assessments involve engaging a diverse range of stakeholders, including employees, investors, customers, and communities. This fosters transparency, dialogue, and collaboration, building trust and enhancing relationships with key stakeholders.
- Strategic Decision-Making: Understanding material ESG issues enables companies to integrate sustainability considerations into their overall business strategy. This facilitates informed decision-making, ensuring that sustainability is embedded into the company’s DNA and contributes to long-term value creation.
- Risk Management: By identifying and assessing material ESG risks, companies can proactively mitigate potential threats to their financial performance, reputation, and license to operate. This proactive approach to risk management enhances resilience and helps companies navigate an increasingly complex and interconnected world.
- Regulatory Compliance: As ESG regulations continue to evolve globally, companies must stay abreast of regulatory requirements and expectations. Conducting a materiality assessment provides companies with a clear understanding of their most relevant ESG issues, enabling them to align their practices with regulatory frameworks and demonstrate compliance to stakeholders.
In essence, a materiality assessment serves as a critical tool for companies to navigate the evolving landscape of sustainability, enabling them to prioritize actions, engage stakeholders, make informed decisions, manage risks, and ensure compliance with regulatory requirements. By embedding materiality into their business processes, companies can drive positive change, enhance resilience, and create long-term value for all stakeholders.