Increased complexity of financial systems
Financial systems and reporting practices have become increasingly complex in recent years, making it more important for non-finance professionals to have financial literacy.
Course Content
Business Sustainability- Concept and Understanding
Business sustainability has become a crucial aspect of corporate responsibility and a key driver of long-term business success. This module focuses on the emergence and need of the business sustainability and of the opportunities and threats associated with the Business Sustainability to facilitate the effective decision making.
Importance of Business Sustainability strategy for Future Ready Organisations
Business sustainability strategy is turning out to be ever more important for the organizations as they look forward to become future-ready. A well-designed sustainability strategy can help organizations to meet stakeholder’s expectations, managing risks, fostering innovation and enhancing long term performance. This module focuses on the role of Board and CXOs in understanding the responsibilities and accountabilities with respect to ESG issues and how to effectively incorporate ESG considerations into decision-making processes.
ESG: Emergence, Relevance, Concepts & Frameworks
ESG (Environmental, Social and Governance) refers to the three key elements that are considered to be extremely vital to a company's long-term performance and sustainability. This module focuses on the context & relevance of ESG and its emerging dynamics and the emerging ecosystem while facilitating the decision making to create long-term value by addressing environmental and social issues in ways that also improve financial performance.
‘E’, ‘S’ & ‘G’ of ESG
This module dives deep into the factors associated with ‘E’, ‘S’ & ‘G’ of ESG and the societal responses associated with it. This enables the Directors & Boards to get a better understanding of each factor individually and the facilitate the informed decision-making to gain competitive advantage.
Ecosystem for Business Sustainability in India
This module focuses on the growing business sustainability eco system, including government policies and regulations, industry initiatives, and non-governmental organizations (NGOs), which is still evolving but has significant potential to drive sustainable business practices in the country.
Indian Regulatory Requirements: BRSR (Business Responsibility and Sustainability Report) Reporting, Monitoring & Validation
BRSR can be useful for a variety of stakeholders, including investors, customers, employees, regulators, and the general public, as it provides a comprehensive and transparent view of a company's environmental and social performance and practices. It can also help a company to identify and manage risks associated with environmental and social issues, improve decision-making and resource allocation, and enhance stakeholder engagement and trust.
Global Sustainability Reporting System
This module focuses on the set of guidelines and standards used by the companies to report on their environmental, social and governance (ESG) performance and practices like GRI, SASB, Integrated Reporting Framework, TCFD designed to increase transparency and accountability, and to help companies to identify and manage risks associated with environmental and social issues.
Introduction to International Standards, UNGC, UN SDG - 2030 and Net Zero Concept
This module focuses on the various International standards and concepts that are closely linked and aimed at promoting sustainable business practices and achieving a more sustainable future. An understanding of these standards will enable the companies to align their strategies and operations with these standards and concepts so that they can contribute towards achieving the societal goals and addressing some of the most pressing global challenges such as climate change, poverty and inequality.
ESG Investing
This module focuses on the various global social aspects and issues which are predominantly discussed around the world. The idea behind this is to make the Directors and Boards understand the importance of these important and relevant aspects and to go beyond the material things and do greater good for the society.
Board’s role in developing Corporate Strategy based on ESG
The board of directors plays a crucial role in developing and overseeing the implementation of a corporate strategy that incorporates environmental, social, and governance (ESG) considerations. This module focuses on the importance of Corporate Governance and the important role Board and the Directors play to fostering a culture of sustainability within the company.
ESG – A process:
This module focuses on Defining ESG as a process by Mapping, Defining, Embedding and Engaging ESG Strategies
Case studies and best practices: Learning from real-world examples of companies that have successfully integrated ESG considerations into their business operations.
Case studies- Indian Corporate Sector Perspective
Case studies- Global Practices
