Course

ESG Reporting: Driving Value Creation in Business Landscape

Overview

What you’ll learn

Designed for professionals and business owners seeking to gain a thorough understanding.

Practical approach to managing and reporting material Environmental, Social, and Governance (ESG) matters.

Provides conceptual insights and practical strategies to effectively nurture ESG management within listed firms.

Address the negative impacts of business on the environment and society.

In the past two decades, there has been significant global economic growth, but it has also brought forth two emerging challenges for businesses. Firstly, businesses have a significant impact on the environment and society, which can create uncertainties affecting their sustainability. Secondly, there has been a rise in accounting scandals and corporate failures due to unsustainable growth. To address these concerns collectively known as environmental, social, and governance (ESG), stock exchanges worldwide are implementing reporting requirements for listed firms. This encourages effective ESG management and accountability. Everyone play a crucial role in managing and reporting ESG matters, as they ensure accurate measurement and reporting of environmental and social performance. Small and medium-sized enterprises (SMEs) are also urged to manage their business sustainability. Businesses must recognize the importance of addressing ESG concerns, as it contributes to long-term viability and success. Taking proactive measures not only promotes sustainable development but also enhances reputation, attracts socially conscious customers, and reduces operational risks. By embracing ESG management and reporting, businesses can contribute to a more sustainable future while maximizing stakeholder value.

Objective

Skills you’ll gain

01.

Fundamental concepts, best practices, and reporting models related to ESG matters.

02.

Assess the framework and reporting requirements for managing ESG effectively.

03.

Identify stakeholders and understand their specific ESG needs and expectations.

04.

Gain a foundational understanding of ESG management and reporting, enabling you to effectively address these matters.

05.

Stay updated on the latest global developments in ESG and its reporting practices.

06.

Review your role within an organisation concerning ESG management and reporting.

Course outline

4 Sessions (1-Day Course)

  • Impact of businesses on ecosystems, climate change and other environmental issues
  • Transition from corporate social responsibilities to business sustainability
  • Agency relationships, scandals, and corporate governance
  • Responsible investments and sustainable finance
  • Stakeholders involved in ESG
  • Frameworks and taxonomies for business sustainability
  • Overview of Bursa’s Sustainability Reporting Guide
  • Malaysian Code of Corporate Governance by the SC
  • Economic consequences and benefits for businesses
  • Disclosure requirements and reporting guidance
  • Good practices in ESG reporting
  • Strategic sustainability
  • Identifying stakeholders’ needs and conducting gap analysis
  • Data collection and management information systems
  • Effective governance and disclosure requirements
  • Integrated reporting for value creation
  • Review of sustainability reporting requirements by Bursa
  • Proposals by the International Sustainability Standard Board (ISSB)
  • Introduction to sustainability-related disclosure requirements and climate-related disclosures
  • IFRS S1 General Sustainability-related disclosure Requirements
  • IFRS S2 Climate-related Disclosure
  • Audit and assurance services for ESG reporting
  • Addressing ESG for small and medium-sized enterprises (SMEs)

Note: The schedule and topic order may be subject to change at the discretion of the trainer/speaker.
Please note that the duration of each session is subject to change based on the actual webinar.

Lead Facilitator

Dr. Lau Chee Kwong

PhD (Accounting), MBA (Finance), BBA (Finance), FCCA, CA(M)
Dr Lau is Associate Professor of Accounting with a British University. He has more than 25 years of practical experience in financial accounting and corporate reporting, corporate finance, banking management, financial management, investments, academic administration, lecturing, corporate training and consultation work. He conducts training, lectures, and seminars for inhouse corporate clients as well as public courses in IFRS/MFRS/MPERS/MPSAS, sustainability reporting, financial shenanigans, etc. Dr Lau lectures the bachelor’s degree programmes, MBA, MSc Professional Accountancy, Master of Finance, ACCA, CFA, and ICAEW; and supervises master’s and PhD students in their research projects. His research papers have been published in journals and presented in national as well as international conferences. He served as a member of the Issues Committee of the Malaysian Accounting Standards Board (MASB) from 2008 to 2013. He is also a member of the ACCA Malaysia Advisory Committee from 2019 to 2023.