The role and impact of ESG has transformed over the past decade. It has become increasingly important for organisations to develop and articulate a strong and clearly defined ESG strategy and ethos.

However, despite the growth in its prominence, many organisations struggle with a lack of clarity around ESG terminology and find that the detail of what ESG entails in practice is often obscured by the “noise and buzz” around the subject.

  • This two-day course aims to cut through the noise and jargon and provide a clear framework for understanding the core concepts, mechanisms, and impacts of ESG.
  • It clearly defines what ESG is, its importance, and how it effects organisations.
  • It focuses on the business’ operations and supply chain, and how ESG principles can be applied to them.
  • It helps delegates understand the impacts, benefits, and challenges that ESG presents in the context of how it affects their own organisations and roles.

Bespoke Training Option

Many organisations report that lack of clarity and knowledge gaps of fundamental principles are significantly increasing the challenge of integrating and embedding ESG into their company culture.

This issue is attracting growing scrutiny and has become increasingly important to a company’s clients, investors, stakeholders, and employees. It is also becoming increasingly clear that ESG compliance will become more regulated and eventually enforced by regulatory bodies.

This is evidenced by announcements of plans to implement mandatory climate-aligned reporting by governments and regulatory bodies around the world, including the UK government and the SEC in the United States.

A challenge for many organisations arises when trying to align ESG strategies across the entirety of the organisation. Effective implementation relies on bringing the entire organisation along on the process.

Training can play a vital role in developing and disseminating the knowledge and understanding required to underpin and instil the culture that is necessary for successful implementation.

If you would like to discuss this option, please contact our Education and Training department.


Agenda

The course covers:

  • Overview
    • Introduction to ESG key terms and definitions
    • ESG landscape, key bodies, and frameworks
  • Evolution and orientation
    • History and key milestones
    • Drivers: social, economic, environmental, market, organisation & governance
    • Where we are now
    • Direction of travel and future trends
  • Benefits that good ESG practice can deliver for organisations
    • Advantages of good ESG culture and implementation for stakeholder relations
  • Challenges for organisations implementing and maintaining good ESG practice
  • ESG trends and their impact on organisations
  • Key ESG initiatives and their aims
  • Greenwashing
  • Overview of Key Environmental Factors
    • Key drivers; climate change, natural resource depletion, water, biodiversity, land use and marine resources
    • Business activities and environmental issues
    • Net Zero
    • Regulation, legislation, national and international frameworks
    • Impacts for organisations and markets
  • Overview of Key Social Factors
    • Relationships between business practices and social issues
    • Key drivers & trends
    • Management systems, regulation, and legislation
    • Impacts for organisations and markets
  • Overview of Key Governance Factors
    • Evolution of corporate governance frameworks
    • Key drivers & trends
    • Governance systems, regulation, and legislation
    • Impacts for organisations and markets
  • Risks and opportunities for organisations
    • Key opportunities
    • Key risks and mitigation approaches
    • How does it affect your organisation, sector, and roles?
  • Course review and Q&A

Who would benefit from attending this course?

The practical insights the course delivers will be immensely valuable to individuals who want to gain a better understanding of:

  • The key impacts ESG has for businesses
  • ESG terminology, key definitions, and core concepts
  • What constitutes the three pillars of ESG (environmental, social, and governance)
  • The benefits and challenges that good ESG practice presents for business, in particular concerning relationships with investors and other stakeholders, employees, media, activists, and others
  • The opportunities and risks that ESG presents for organisations and how that might affect them
  • The ESG landscape, frameworks, reporting and regulation
  • The issues for developing and demonstrating compliant policies
  • An understanding of future trends within the ESG arena, legislation, and regulatory frameworks

Presenters

Prospect Law’s technical specialists bring unique insights and experience from across the ESG landscape and provide objective perspectives on current and future developments in regulations, legislation, ESG frameworks, ESG ratings, policy, strategy, disclosures, and reporting.

Teaching Method

This is an online course across two days, (22-23 November 2022) with materials included.

Our courses can be provided via classroom delivery and can be customised to meet specific requirements and learning objectives.

The bespoke training option is designed for organisations who are seeking to establish core principles and develop an ESG culture in the workplace.


If you would like to discuss the possibility of arranging an in-house or customised course, please contact Ben Robinson at [email protected] or +(44)7869 307437

A new version of Prospect Law is available.