Event Details
Course Description
The Mastering ESG Strategies for Business Excellence - ESG and Enterprise Risk and Opportunity Management course provides in-depth insights and actionable tools for embedding ESG risk and opportunity management into core business strategy, performance metrics, and corporate disclosures. Leveraging award-winning guidance from the Committee of Sponsoring Organisations of the Treadway Commission (COSO) and the World Business Council for Sustainable Development (WBCSD), this training integrates Enterprise Risk Management (ERM) principles with ESG-related risks. Participants will explore effective strategies to address the growing impact of ESG risks, including extreme weather events such as record-breaking heatwaves, droughts, wildfires, and flooding.
The course will provide participants with practical methods for conducting risk assessment and prioritization, drawing on lessons learned from recent global events such as the pandemic. It emphasizes best practices for corporate disclosure, effective stakeholder engagement, and the role of materiality in sharpening the focus on the most relevant ESG issues. Participants will learn how to leverage ERM frameworks to assess, prioritize, and manage ESG risks, fostering greater corporate resilience and adaptability in the face of rising sustainability challenges.
Materiality Assessment plays a critical role in this process by ensuring that companies identify and prioritize the most relevant ESG issues, balancing both business imperatives and stakeholder expectations. The course underscores that when materiality is treated solely as a compliance requirement, its strategic value is lost. However, when approached holistically, it becomes a powerful tool for shaping business strategy, informing decision-making, and driving long-term sustainability.
By engaging in a robust materiality assessment, companies can anticipate future risks, emerging opportunities, and evolving stakeholder demands, ultimately aligning their corporate objectives with global sustainability goals. This course equips participants with the knowledge to integrate ESG considerations into ERM practices, fostering strategic resilience, promoting corporate sustainability, and creating long-term value for the business. By the end of the course, participants will be well-prepared to support CSOs in minimizing ESG-related impacts and making informed decisions that enhance their organization's sustainability journey.
Expected Learning Outcomes
The course is designed to provide participants with a comprehensive understanding of ESG-related risks and their implications for business strategy. Participants will gain practical knowledge of Enterprise Risk Management (ERM) tools to effectively assess and prioritize risks within their organizations. The course will emphasize the integration of human rights considerations into business practices, demonstrating how addressing these issues can meet stakeholder and consumer needs, thereby fostering better economic growth and long-term business resilience. Additionally, participants will explore the natural capital Landscape, learning how to incorporate it into decision-making processes and understand how it complements existing approaches for measuring and valuing business impacts and dependencies. The course will cover key concepts such as fiduciary duties, stakeholder governance, and business resilience, offering insights into enhancing adaptability to ESG challenges.
By the end of the session, participants will be equipped with the skills to integrate ESG considerations into their strategic planning, improve stakeholder engagement, and drive sustainable business practices that support organizational success and resilience.
