Internal Controls provide proactive insights into managing Environmental, Social, and Governance (ESG) programs by measuring and reporting risks. In this self-study webinar, we will discuss monitoring and improving ESG performance, internal auditing, and much more, by looking at:
- The current ESG risk landscape
- Regulations and reporting
- ESG controls
To update financial professionals on recent guidance and enforcement actions that impact the internal control environment in relation to ESG factors, as well as expectations for companies to maintain documentation of the execution of processes and controls.
SPEAKERS:
Robert Hirth, Senior Managing Director, Protiviti, Member, PCAOB & AICPA
Marie Johnson, Americas Sustainability Governance, Risk and Compliance Leader, Ernst & Young LLP
Jamie Smith, Director, Center for Board Matters, Ernst & Young LLP
Simon Wong, Senior Manager, Consulting, Technology & ESG Risk, Ernst & Young LLP
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• What is the Current ESG Risk Landscape?
– Global forces and sustainability
– Changing views of ESG
– Impact on a company's value chain
– Protecting and creating value from ESG - Evolving Stakeholder Expectations
- ISSB Standards
- SEC Climate & Cybersecurity Disclosure Rulemaking
- Corporate Sustainability Reporting Directive (CSRD)
- Supply Chain Considerations
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ESG Reporting Controls
– Materiality
– COSO frameworks
– ESG challenges
• Identify expectations from stakeholders on ESG matters
• Recognize ESG reporting requirements in certain countries
• Identify the types of companies subject to the SEC climate rules
• Identify certain characteristics of SEC climate disclosures
• Recognize the level of importance of ESG initiatives in most organizations
• Identify finance department’s role in ESG reporting
• Recognize what type of ESG models work best for various types of organizations
• Identify the threshold for the new SEC climate rules