Participants will receive access to the recorded sessions of the course.
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The creation of this specific training programme stems from the need for businesses to recognise and maintain essential knowledge on Sustainable Development issues in a dynamic and highly competitive environment.
Businesses in Cyprus are called upon to operate in a more complex global environment, with responsibilities extending beyond the production of goods or services to corporate governance. Such successful understanding and implementation are now closely tied to their ability to raise capital, be considered adequate, and grow.
Specifically, companies face increasing pressure to report on ESG (Environmental, Social, and Governance) matters. ESG involves disclosing information related to companies’ operations in three areas: the environment, society, and corporate governance.
The programme aims to assist businesses in acquiring a more robust and contemporary corporate structure and promoting proper corporate governance based on ESG parameters and sustainable development as essential elements for their business growth in the modern competitive environment.
Training Objectives
By attending this programme participants will be able to:
- Interpret the European Union’s requirements for sustainable development.
- Explain the terms sustainability and sustainable development.
- Enumerate the international goals of sustainable development.
- Describe the Legal/Legislative Framework at the International/European levels.
- Define the term Corporate Social Responsibility (CSR).
- Describe CSR activities.
- Recognize the implementation of Reporting, Disclosures under CSR plans, and Corporate Legal Obligations.
- Describe CSR activities.
Training Outline
International Sustainable Development Goals
- The contemporary short-term and long-term economic environment
- Development of the Sustainable Development Goals (SDGs) (United Nations 17 SDGs)
- The significance, benefits, and pillars of the Sustainable Development Goals (SDGs)
- Environmental, Social, Governance (ESG) factors
Regulatory and Regulatory Framework – Obligations
- Guiding directives from international standards, UN and European Union goals
- Developments, trends, and practices at the global, European, and local levels
- Regulatory framework at the at European and national levels
Corporate Social Responsibility (CSR) Framework
- The concept and content of CSR
- Values and principles of CSR
- The importance and benefits of CSR
- Stakeholders (Social Partners-Stakeholders)
- Identification and mapping of stakeholders
- Collection, analysis, cross-referencing, and recording of existing data and obligations of the organization
- Identification and prioritization of CSR issues that are most significant for the sustainability of the business for each stakeholder
- Description and development of the organization’s culture based on CSR Principles, Values, and Guidelines
- The role of the CSR Officer/Practitioners of the organization,
- Development of guidelines, operating regulations of the organization, and Human Resources Management for the implementation of CSR programs
- Business transformation models, stages, and steps of CSR strategy formation
- Measurement tools for the strategic approach of Corporate Governance and CSR (ISO/GRI SASB)
- Business Ethics, Code of Ethics, formulation of the organization’s values
Overview of the Environmental Social Governance (ESG) and the EU Sustainability
Reporting Framework (Directive on Corporate Sustainability Reporting) (CSRD)
- The Business Case for Reporting – Moving from compliance to functionality
- Available Standards & Reporting Frameworks
- EU Regulation of the governance structure for sustainability
- Principles and Structure of Sustainability Reporting
- Materiality assessment
- Disclosures and indicators for a specific issue
- Data collection
- Indexes and Classification Measurements
- External Assurance
- Communication of key reporting findings
Who Should Attend
- Members of the Board of Directors
- Executives and managers responsible for strategic planning and decision-making
- Commercial Directors
- Marketing Directors
- Financial Directors
- Professionals involved in corporate governance, sustainability, and CSR initiatives
- Legal and Compliance Officers
- Human Resources Managers
- Sustainability practitioners and consultants
- Entrepreneurs and Business Owners
- Government Officials and Policymakers
- Researchers
Training Style
The training approach involves a combination of lectures, case studies, practical exercises, and interactive discussions to ensure a comprehensive understanding of sustainable development and corporate social responsibility concepts. Participants will gain both theoretical knowledge and practical skills applicable to real-world scenarios.
CPD Recognition
This programme may be approved for up to 10 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.
In-house Training
For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.
Training Objectives
By attending this programme participants will be able to:
- Interpret the European Union’s requirements for sustainable development.
- Explain the terms sustainability and sustainable development.
- Enumerate the international goals of sustainable development.
- Describe the Legal/Legislative Framework at the International/European levels.
- Define the term Corporate Social Responsibility (CSR).
- Describe CSR activities.
- Recognize the implementation of Reporting, Disclosures under CSR plans, and Corporate Legal Obligations.
- Describe CSR activities.
Training Outline
International Sustainable Development Goals
- The contemporary short-term and long-term economic environment
- Development of the Sustainable Development Goals (SDGs) (United Nations 17 SDGs)
- The significance, benefits, and pillars of the Sustainable Development Goals (SDGs)
- Environmental, Social, Governance (ESG) factors
Regulatory and Regulatory Framework – Obligations
- Guiding directives from international standards, UN and European Union goals
- Developments, trends, and practices at the global, European, and local levels
- Regulatory framework at the at European and national levels
Corporate Social Responsibility (CSR) Framework
- The concept and content of CSR
- Values and principles of CSR
- The importance and benefits of CSR
- Stakeholders (Social Partners-Stakeholders)
- Identification and mapping of stakeholders
- Collection, analysis, cross-referencing, and recording of existing data and obligations of the organization
- Identification and prioritization of CSR issues that are most significant for the sustainability of the business for each stakeholder
- Description and development of the organization’s culture based on CSR Principles, Values, and Guidelines
- The role of the CSR Officer/Practitioners of the organization,
- Development of guidelines, operating regulations of the organization, and Human Resources Management for the implementation of CSR programs
- Business transformation models, stages, and steps of CSR strategy formation
- Measurement tools for the strategic approach of Corporate Governance and CSR (ISO/GRI SASB)
- Business Ethics, Code of Ethics, formulation of the organization’s values
Overview of the Environmental Social Governance (ESG) and the EU Sustainability
Reporting Framework (Directive on Corporate Sustainability Reporting) (CSRD)
- The Business Case for Reporting – Moving from compliance to functionality
- Available Standards & Reporting Frameworks
- EU Regulation of the governance structure for sustainability
- Principles and Structure of Sustainability Reporting
- Materiality assessment
- Disclosures and indicators for a specific issue
- Data collection
- Indexes and Classification Measurements
- External Assurance
- Communication of key reporting findings
Who Should Attend
- Members of the Board of Directors
- Executives and managers responsible for strategic planning and decision-making
- Commercial Directors
- Marketing Directors
- Financial Directors
- Professionals involved in corporate governance, sustainability, and CSR initiatives
- Legal and Compliance Officers
- Human Resources Managers
- Sustainability practitioners and consultants
- Entrepreneurs and Business Owners
- Government Officials and Policymakers
- Researchers
Training Style
The training approach involves a combination of lectures, case studies, practical exercises, and interactive discussions to ensure a comprehensive understanding of sustainable development and corporate social responsibility concepts. Participants will gain both theoretical knowledge and practical skills applicable to real-world scenarios.
CPD Recognition
This programme may be approved for up to 10 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.
In-house Training
For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.
