A Masterclass In Esg And Sustainability Accounting

Covering GRI, IFRS S1, S2 Stds; Carbon Taxes; Scope 1,2,3 Reporting

What you'll learn

Understand the structure and reporting requirements of GRI and IFRS (S1 and S2) Sustainability Reporting Standards

Understand the challenges and risks of modern slavery

Understand the requirements behind emission trading and carbon management strategies

Understand the basics of Scope 1, 2 and 3 reporting

Understand the practices of environmental management accounting

Requirements

No expertise in accounting reporting needed. You will learn all you need to know.

Description

This course delves into the challenges of sustainable reporting, providing a comprehensive exploration of vital concepts. We initiate our journey by providing an in-depth overview of the current landscape of sustainability reporting practices. Subsequently, we delve into the intricacies of two pivotal frameworks designed to facilitate the establishment of an ESG (Environmental, Social, and Governance) reporting system.The first framework, the Global Reporting Initiative (GRI), places a strong emphasis on a multi-stakeholder approach, ensuring a holistic perspective. The second framework revolves around the International Financial Reporting Standards (IFRS) S1 and S2, tailored to cater primarily to investor stakeholders' interests.Our exploration extends to both the external and internal facets of ESG reporting, encompassing environmental, social, and governance dimensions of sustainability management. We take a deep dive into issues like modern slavery, examining its relevance to firms and supply chains, especially in the context of developing economies. Furthermore, we scrutinize the implications of the ESG reporting insights for the assurance function.The course proceeds to tackle significant topics such as the carbon tax, emissions trading, and the reporting of Scope 3 emissions. Finally, we delve into the strategies for integrating this crucial information into decision-making processes within an organization, with a particular focus on the measurement and allocation of costs in the realm of sustainability management accounting. We finally provide a brief insight into where manufacturing is concerning sustainability management and the adoption of AI.

Overview

Section 1: Introduction to Sustainability Reporting

Lecture 1 Introduction to Sustainability Reporting

Section 2: Sustainability Reporting Practice

Lecture 2 Sustainability Reporting Practice

Section 3: Theories of Sustainability Reporting

Lecture 3 Theories of Sustainability Reporting

Section 4: Implementing an ESG Reporting System

Lecture 4 Implementing an ESG Reporting System

Lecture 5 Implementing an ESG Reporting System - GRI Reporting

Lecture 6 Implementing an ESG Reporting System - IFRS S1 & S2 Stds

Section 5: Modern Slavery

Lecture 7 Modern Slavery

Lecture 8 Modern Slavery

Section 6: External Assurance on Sustainability Reporting

Lecture 9 External Assurance on Sustainability Reporting

Section 7: Emission Trading Schemes

Lecture 10 Emission Trading Schemes

Lecture 11 Emission Trading Schemes

Section 8: Scope 3 Emission Reporting

Lecture 12 Scope 3 Emission Reporting

Lecture 13 Scope 3 Emission Reporting

Section 9: Environmental Management Accounting

Lecture 14 Environmental Management Accounting - Definitions and Problems

Lecture 15 Environmental Management Accounting - Measurement Solutions

Section 10: AI and Sustainable Manufacturing

Lecture 16 AI and Sustainable Manufacturing

For accountants, business people and consultants who want to move into the sustainability field