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HRDA Vital Importance: Strategy, Innovation and Transformation for Sustainable Growth

HRDA Vital Importance: Strategy, Innovation and Transformation for Sustainable Growth

  • 20% Discount Across All Autumn 2026 Programmes | Register by 4 September 2026

Dates

  • December 2026
      to   (2 sessions)
    Delivered In-Person in Nicosia
    Free - €1,800
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Highlights

  • Classroom (Nicosia) & 4 hrs In-house Training /Advisory Session

  • 18 CPD Units | 18 Hours

  • HRDA Subsidised


The programme is approved by the Cyprus Human Resource Development Authority (HRDA) as a “Vital Importance” training programme. HRDA Vital Importance programme fees are fully subsidised by the HRDA for up to three (3) eligible participants per business entity.


Course Overview

This 18-hour programme – comprising 14 hours of classroom training and 4 hours of inhouse consultation – This programme equips executives and decision-makers with the knowledge and practical tools required to lead sustainability-driven transformation by embedding Environmental, Social, and Governance (ESG) principles into corporate strategy, governance, and organisational culture. As sustainability increasingly shapes competitiveness, innovation, and long-term resilience, leaders must move beyond awareness and adopt structured frameworks that translate ESG into measurable impact and value creation.

Through a practical and interactive workshop, participants develop the skills to design, implement, and monitor sustainability strategies aligned with organisational objectives, regulatory expectations, and stakeholder demands. The programme addresses the growing need for capable leadership that can integrate responsibility, ethical decision-making, and innovation into daily operations, supporting sustainable growth and continuous improvement across the organisation.


The Programme Learning Areas

A detailed programme outline, its objectives and learning outcomes are noted on the programme’s Training Schedule (clickable).


Who Should Attend

This programme is designed for professionals and executives responsible for sustainability, governance, and risk management within financial and corporate institutions, including:

  • Senior Executives and Board Members (including CEOs, COOs, CFOs)

  • Chief Sustainability Officers and Sustainability / ESG Professionals

  • Compliance, Risk Management, and Corporate Governance Professionals

  • Internal Auditors and CSR Specialists

  • Financial, Accounting, and Investment Analysts

  • Executives and Senior Professionals in Banking, Insurance, and Investment Firms

  • Policymakers, Regulators, and Advisors involved in ESG and sustainability compliance frameworks

  • Communications and Marketing Professionals involved in ESG reporting and disclosures

  • Human Resources Professionals involved in ESG, governance, and workforce strategy

  • Operations and Health & Safety Professionals

  • Procurement and Supply Chain Professionals

  • Accounting and Finance Department Professionals


Training Style

The programme is interactive in nature. Participants will be actively involved, using their own experiences and challenges to reinforce and adapt the new knowledge and skills to their own reality. The training sessions will combine PowerPoint presentations, open discussions, case studies and audio/visual material.

The training sessions will combine elements of PowerPoint presentations, open discussions, case studies, audio/visual material and experiential exercises/tools.


In-house Training /Advisory Session

Upon completing the 14-hour in-class training programme, participants will engage in a tailored 4-hour in-house session offering focused guidance, advice, and training to address the specific needs and challenges of both the participants and their organisation.

During the 4-hour in-house training session, participants will apply key concepts to their own organisational context, designing customised frameworks for sustainable transformation. They will also explore how the innovative application of governance and compliance processes can support long-term sustainability, competitiveness, and organisational resilience, while fostering a culture of responsibility and continuous improvement.

Finally, after the completion of the in-house session, the trainer will prepare a report outlining the approach followed, the topics examined, key findings, and tailored recommendations for the organisation.


CPD Recognition

This programme may be approved for up to 18 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies with which you hold membership.


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Facilitators

  • Nicole Phinopoulou

    Nicole Phinopoulou

    Nicole K. Phinopoulou is a qualified lawyer with over 20 years of legal experience with significant and practical expertise in providing legal, consulting and project handling in the areas of (i) Corporate and Commercial Law, (ii) Banking and Financial Law, Services and Transactions, and (iii) Corporate Governance and Compliance, Social Responsibility and Sustainable Development. Commercial approach and practical knowledge, based on solutions and the application of organizational and team skills with deliverables of projects in her sectoral expertise fields . She has served as Director, being member of the Boards of the Cyprus Securities and Exchange Commission (CySEC) and the University of Cyprus (UCY) (2016-2021). She is a holder of a law degree from Leicester University and an LL.M (Masters of Law) in Corporate and Commercial Law from University College London (UCL). Holds the Diploma Legal Practice Course (LPC) from City University (London) and a Master's degree in the Mechanics of Project Finance from the International Faculty of Finance, Middlesex University London. He has been professionally accredited in the practical implementation of programs to achieve Corporate Development, Sustainability and Responsibility (ESG, Sustainable Finance, Corporate Sustainability & Responsibility Reporting, Social Responsibility). As of 2020 is an Accredited ESG Sustainable Finance Expert, member of the Institute for Sustainability Leadership of the University of Cambridge and from 2021 she is also a accredited Expert from the University of Cambridge Judge Business School, on Circular Economy and Sustainability Strategies. Associate member of the Chartered Institute for Securities & Investment UK (CISI), Representative Member of the National Committees of the International Standardization Organization (ISO) (Financial Services TC68 & Sustainable Finance TC322) and certified advisor by the Cyprus Bar Association, AML - Money Laundering Compliance Officer (MLCO). Since 2003 she is a registered and active member of the Cyprus Bar Association with direct participation in the Companies, Capital Market and Tax Planning Commission (CBA). For the period 2015-2022 acted as representative of the Cyprus Bar Association at the House of Representatives Parliamentary Committees of (i) Finance & Budget and (ii) Energy, Commerce, Industry and Tourism. Founding member and lawyer of the Cyprus Corporate Sustainability & Reporting Business Association (CSR Cyprus) (www.csrcyprus.org.cy) and legal advisor, secretary of the Non-Profit Organization Foundation of Integrated Residential Units (EOM) (1996) (www.eomfoundation.org). Founding Member of Young BPW Cyprus of International and European Organizations Business Professional Women (2007-2015) (www.bpwcyprus.org.cy) and since 2016 Member of AIPFE Cyprus – Women of Europe (www.aipfe.com). It is also a recognized member of the Rotary Association – Nicosia – Lefkothea.

Frequently Asked Questions

  • When will I receive my invoice?

    The invoice is issued on the day the course starts.

  • What payment methods are accepted?

    Payments can be made by bank transfer, cheque, or credit card.

  • When will my certificate be issued?

    Certificates are issued within 7–10 days after the course has been completed, provided that the invoice has been paid.

  • How can I access my certificate?

    Once your certificate has been issued, you will receive an automated email from Cademy notifying you that it is available.

    Click the Get Your Certificate button in the email to download your certificate.

    You can also access it from your Cademy account:

    1. Log in to your Cademy account from https://cademy.io
    2. Click on My Account from the top-right corner.
    3. From the drop-down menu select My Courses and Bookings.
    4. Choose the relevant course.
    5. Under Participants, click the three dots located next to your name. 
    6. Select Get Certificate.
  • Where can I access the course material?

    To access the course materials, such as presentations and recordings:

    1. Log in to your Cademy account from https://cademy.io
    2. Click on My Account from the top-right corner.
    3. From the drop-down menu select My Courses and Bookings.
    4. Choose the relevant course.
    5. Under Extra Details, you will find all the available course materials.
  • What is the HRDA?

    The Human Resource Development Authority (HRDA) of Cyprus is a semi-government governmental organisation that supports the development of workforce skills through training and development initiatives. Eligible training programmes approved by the HRDA may qualify for a subsidy, reducing the participation cost for eligible organisations and individuals, subject to the HRDA's terms and conditions.

  • Who is eligible for the HRDA subsidy?

    The HRDA subsidy is available to:

    • Companies registered in Cyprus that are applying for their employees.
    • Unemployed individuals who meet the eligibility requirements (see the FAQ below for required documents).
    • Self-employed individuals registered as self-employed in their ERMIS profile.

    To receive the subsidy, eligible persons must attend at least 75% of the course. 

  • What is ERMIS?

    ERMIS is the online platform of the Human Resource Development Authority (HRDA) of Cyprus, used for managing training programme registrations, participant details, subsidy applications, and attendance records. All participants attending HRDA-approved courses must have an ERMIS profile and use the platform’s attendance register to check in and check out during each course session. https://ermis.anad.org.cy/

  • What is the process for attending an HRDA-approved course?

    To attend an HRDA-approved course, you must:

    1. Register for the course through the EIMF website.
    2. Create the necessary ERMIS profile(s).
    3. Register for the course through ERMIS.
    4. Complete any additional HRDA requirements if you are applying for the subsidy as an unemployed or self-employed individual.
    5. Log onto ERMIS and check in through the relevant attendance register when you join the course session and check out when you leave each course session.

    See the FAQs below for detailed instructions.

  • Is an ERMIS profile required?

    Yes. ALL participants attending HRDA-approved courses must have an ERMIS profile, whether applying for the subsidy or not.

    • Companies applying for the HRDA subsidy for their employees:
    1. The company must have an ERMIS profile as a Legal Entity.
    2. The company must have their Employer role approved on the ERMIS system.
    3. Each participating employee, as well as a company authorised person and the company’s director, must have an ERMIS profile as a Natural Person
    4. The employees' and representatives’ profiles must be linked to the company's ERMIS profile.
    • All Individuals
    1. Must have an ERMIS profile as a Natural Person.

    You can create or access your ERMIS profile here: https://ermis.anad.org.cy/

  • How do I register for an HRDA-approved course through ERMIS?

    After booking your course through the EIMF website, you must also register through ERMIS, provided that the required profile(s) have already been created.

    • If you are registering as an individual:

    You must register through your personal ERMIS profile.

    • If a company is applying for the HRDA subsidy for its employees:
    1. Registration must be completed through the company’s ERMIS profile.
    2. The company profile used for registration must match the payroll company where each participant is employed.

    For example: If your organisation includes multiple companies, make sure each participant is registered under the correct company profile.

    Around one week before the course starts (or immediately after booking if you register less than one week before the course), we will email you the HRDA course details and instructions on how to complete your ERMIS registration.

  • What documents do unemployed individuals need to apply for the HRDA subsidy?

    When registering for the course through ERMIS, you must upload both of the following documents obtained from the Public Employment Service:

    1. A referral for participation in HRDA Multicompany courses (Παραπεμπτικό για Πολυεπιχειρησιακά Προγράμματα της ΑνΑΔ).
    2. An ES19 form confirming that you were unemployed from at least the course start date.
  • What do self-employed individuals need to do to apply for the HRDA subsidy?

    You must update your ERMIS profile:

    1. Log in to your ERMIS profile and select the Self-employed role from the available roles.
    2. Complete and submit the request.
    3. Once your request has been approved, you can register for courses and apply for the HRDA subsidy as a self-employed individual.

    When submitting your request, you must upload one of the following:

    1. A confirmation letter from the Social Insurance Services confirming acceptance of your registration as a self-employed person.
    2. A Confirmation letter from the Social Insurance Services confirming your self-employed status.
    3. Proof of payment of Social Insurance contributions for the most recent quarter (available through SISnet). 
  • Is the check-in and check-out process in ERMIS mandatory?

    Yes. All participants must log onto the ERMIS system and check onto the attendance register when they join a course session and check out when they leave a course session, as HRDA records attendance.

    To receive the subsidy, eligible persons must attend at least 75% of the course. Check-ins and check-outs reflect actual attendance.
     

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