The Responsible Organization How to Create Value and Impact for Your Business and Society

Introduction:

This course will introduce you to the concept of the responsible organization, which is an organization that takes into account the environmental, social, and governance (ESG) impacts of its activities on its stakeholders and society. You will learn about the drivers and benefits of being a responsible organization, such as enhancing reputation, reducing risks, increasing efficiency, creating innovation, attracting talent, satisfying stakeholders, and contributing to the global goals. You will also learn about the challenges and dilemmas that being a responsible organization may entail, such as balancing trade-offs, managing complexity, ensuring accountability, and measuring impact.

  • Understand the concept and principles of the responsible organization
  • Identify and prioritize the material ESG issues for your organization and industry
  • Develop and implement a responsible organization strategy that aligns with your business vision, mission, values, and objectives
  • Communicate and report your responsible organization performance and impact using global standards and best practices
  • Evaluate and improve your responsible organization practices using appropriate tools and frameworks

This course is designed for business executives who want to learn how to create value and impact for their business and society through being a responsible organization. It is suitable for executives from any industry, function, or region who are interested in or responsible for developing, implementing, or overseeing responsible organization initiatives in their organization.

Day One:

The Responsible and Ethical Corporate Board

  • What are the roles and responsibilities of the corporate board in relation to being a responsible organization?
  • What are the ethical dilemmas and challenges that the corporate board may face in relation to being a responsible organization?
  • How can the corporate board ensure that its decisions are aligned with its values and impact?
  • How can the corporate board foster a culture of responsibility and accountability within the organization?
  • Case study

Day Two:

Sustainability – the ‘people dimension’

  • What is sustainability and why does it matter for your organization and society?
  • What are the global trends and challenges that affect sustainability?
  • What are the drivers and benefits of sustainability for your organization?
  • How can you assess the materiality and impact of sustainability issues for your organization?
  • How can you address the “people dimension” in sustainability, including the staff, customers, suppliers, and communities that are involved with or affected by your business practices?
  • Case study

Day Three:

Green Strategy and Sustainability

  • What is green strategy and why does it matter for your organization and society?
  • What are the global trends and challenges that affect green strategy?
  • What are the drivers and benefits of green strategy for your organization?
  • How can you assess the materiality and impact of environmental issues for your organization?
  • How can you design a green strategy that aligns with your core competencies and competitive advantage?
  • Case study

Day Four:

Sustainability Reporting Standards

  • What is sustainability reporting and why does it matter for your organization and stakeholders?
  • What are the global standards and best practices for sustainability reporting?
  • How can you use frameworks such as the Global Reporting Initiative (GRI), the International Integrated Reporting Council (IIRC), the Sustainability Accounting Standards Board (SASB), the Task Force on Climate-related Financial Disclosures (TCFD), and the United Nations Global Compact (UNGC) to report your sustainability performance?
  • How can you ensure the quality, credibility, transparency, comparability, relevance, accuracy, timeliness, clarity, balance, reliability, assurance, accessibility, responsiveness, inclusiveness, materiality, completeness of your sustainability report?
  • Case study

Day Five:

Sustainability – External Assurance Assessment

  • What is external assurance and why does it matter for your organization and stakeholders?
  • What are the global standards and best practices for external assurance?
  • How can you use frameworks such as the International Standard on Assurance Engagements (ISAE) 3000, the AA1000 Assurance Standard, and the International Federation of Accountants (IFAC) Code of Ethics to assure your sustainability report?
  • How can you select and work with an external assurance provider effectively?
  • Case study

To enhance learning and practical application of concepts, the training course will use a combination of interactive lectures, case studies, group discussions, practical exercises, and real-world examples. Participants will also get the chance to collaborate on group projects and create action plans adapted to the needs of their respective organizations.

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