Integrating a systematic approach to sustainable development within an organization’s practices poses a significant challenge. The broad scope and intricacies of this vision, along with the continuously evolving understanding of its implications for planning and day-to-day conduct, demand careful consideration and adaptation. To address these complexities, sustainability reporting plays a pivotal role, fostering transparency and responsible practices.
With the EU leading the way on ESG legislation, organizations need to prepare in advance to report on a growing number of requirements.
The Corporate Sustainability Reporting Directive (CSRD) and Sustainable Finance Disclosure Regulation (SFDR) are already in force, with the Corporate Sustainability Due Diligence Directive (CSDDD) set to follow.
The CSRD is part of the broader ‘European Green Deal’, a set of policy initiatives by the European Commission, that so far has led to including the EU Taxonomy Regulation and the revised Sustainable Finance Disclosure Regulation (SFDR).
Companies are expected to comply, starting with the largest listed companies for fiscal year 2024, other large companies for fiscal year 2025, listed small and medium enterprises (SMEs) in fiscal year 2026, and third-country undertakings with a subsidiary or a branch in the EU for fiscal year 2027.
The CSRD incorporates the European Sustainability Reporting Standards (ESRS), a new mandatory set of standards for sustainability reporting. It aims to encourage businesses to embrace sustainable practices, significantly enhance and standardize sustainability reporting, and contribute positively to the global pursuit of a more sustainable future.
The aim of this on-demand course is to provide organizations with knowledge and insights into sustainability reporting, and specifically providing an introduction to the CSRD and the ESRS.
How will I benefit?
This course will help you:
- Develop and improve your understanding of the key elements to develop sustainability reports aligned with the ESRS and CSRD
- Recognize the value of the ESRS as a tool to identify and effectively communicate sustainability issues and best practices.
- Improve your ability to support your organization in meeting its sustainability and ESG commitments and goals.
Understand how CSRD and ESRS relate to other ESG and sustainability reporting frameworks and requirements.
What will I gain?
The aim of this on-demand course is to provide organizations with knowledge and insights into sustainability reporting, and specifically providing an introduction to the CSRD and the ESRS.
On completion, you’ll be awarded an internationally recognized BSI Training Academy certificate.
Who should I attend?
Sustainability Reporting is relevant across functions, and at different levels, so awareness and understanding are necessary across an entire organization. In particular:
- Individuals responsible for developing, promoting, and integrating sustainable practices within an organization
- Those responsible for developing, implementing and managing policies, processes, and practices that are relevant to sustainability and ESG goals set by the organization
- Consultants, advisors seeking to gain skill, knowledge of the key principles and practices of sustainability reporting and the CSRD to support organizations
College and university students enrolled in finance, sustainability, or environmental programs
What will I learn?
Our on-demand courses allow learners access to knowledge-based content in real time, anywhere, and at anytime. Using established learning and interactive digital technology, on-line attendees are guided through the course content, at their own pace, providing opportunity to review, test knowledge and confirm understanding, as they progress through the course.
What is included?
The course comprises four Modules:
Module 1 introduces the CSRD, the ESRS standards framework, key facts, scope, reporting boundary, and the phased timeline for implementing CSRD. Module 1 also addresses key concepts and principles, including double materiality, and the three-dimension reporting model.
Modules 2 and 3 cover the five environmental topical standards, E1 to E5, and their key disclosure requirements.
Module 4 then covers the Social and Governance reporting disclosure requirements.
Overall, this on-demand training course will:
- Provide an outline of the CSRD, its scope, structure and purpose
- Cover the timeline of its introduction, and an overview of the mandatory independent third-party assurance of reported information
- Introduce the ESRS structure and disclosure requirements including:
- Double materiality analysis
- Business model and strategy in relation to sustainability
The specific topical requirements covering the ESG areas
Prior knowledge and learning
There are no formal prerequisites for this course. / Introduction to Sustainability Reporting course.
