CSRD & ESRS – how to report according to the new EU law

2 days starting

Mar
20

09:00 - 17:00

When the new EU law on sustainability reporting, CSRD (Corporate Sustainability Reporting Directive), will enter into force this year in 2024, sustainability reporting will fundamentally change. This two-day training aims to provide comprehensive knowledge and know-how in reporting in line with the CSRD and the new European Sustainability Reporting Standards (ESRS). You will learn about what the law implicates for your company, what should be disclosed, and how to manage double materiality.

The EU directive also includes the ESRS, a new obligatory standard for sustainability reporting. The primary focus of the training will be to prepare the participants for the ESRS reporting process.

The course covers:

  1. The basic principles of CSRD
  • Who is covered by the CSRD
  • What needs to be included in the report and how the information is to be produced
  • Demands for audit review
  • The link to other frameworks and reporting standards, such as the GRI, SASB, TCFD, GHG, and the EU taxonomy.
  1. ESRS – the new obligatory standard for sustainability reporting
  • What the reporting standard is and how you report according to it
  • Structure and general requirements
  • General disclosures
  1. Double materiality analysis according to CSRD/ESRS
  • The increased significance of a materiality analysis and what the principle of double materiality entails, i.e. the effect a company has on the environment and people, as well as how sustainability matters affect the company.
  • How to conduct a double materiality analysis according to CSRD/ESRS
  • How to map an organisation’s value chain
  1. General disclosures and information
  • What it means to disclose information about the sustainability matters on which you have identified the largest impacts, risks, and opportunities
  1. Reporting according to the topical- and sector-specific standards
  • Deep-dive into how to report according to the topical- and sector-specific standards
  • Standard structure review
  • Choice of disclosures based on materiality analysis
  • Qualitative vs quantitative disclosures
  • Requirements on reporting and the structure
  1. Your own plan to report according to CSRD/ESRS
  • Translate knowledge from the training into an action plan for what needs to be done in your organisation in order to report according to the CSRD/ESRS

The course is directed at:

Those who wish to understand CSRD and ESRS and their implications on companies’ sustainability reporting.

The goal of this course:

Upon completing training, participants have gained:

  • Knowledge about the CSRD and the changes that the directive implicates
  • Knowledge about the ESRS – the new sustainability reporting standard
  • Sufficient knowledge to disclose and report in line with the CSRD and the ESRS
  • An understanding of the necessary actions needed for your organisation to align with the directive
  • An understanding of how the CSRD and the ESRS relates to other frameworks and reporting standards

The training will mainly be conducted in Swedish.

This course is organised by Bonnier Aktuell Hållbarhet in partnership with Enact. For more, check out Enact’s all upcoming trainings and events here!


Venue

Stockholm


Agenda

DAY 1

09.00  Welcome and introduction of trainers and participants

09.30  Introduction to the CSRD

  • The purpose of the CSRD
  • The link to other frameworks and reporting standards, such as the GRI, SASB, TCFD, GHG, and the EU taxonomy.

09.50  The basic principles of CSRD

  • Who is covered by the CSRD
  • Reporting requirements set out by the CSRD
  • Double materiality – the effect a company has on the environment and people, as well as how sustainability matters affect the company.
  • Demands for audit review

10.30  Coffee break  

11.00 The ESRS – the new obligatory standard for sustainability reporting

The EU standard for sustainability reporting, the ESRS, provides clear instructions on how to report according to the CSRD. In this section, we introduce the ESRS structure and general principles. We also cover the three categories of standards that the ESRS is comprised of:

  • Sector agnostic standards – general requirements and disclosures
  • Topical standards – for instance, biodiversity, pollution, workers in the value chain, and business conduct.
  • Sector-specific standards for high-risk sectors – for instance oil and gas, coal mining, textile, and agriculture.

12.00  Lunch

13.00  Double materiality analysis according to the CSRD/ESRS

The materiality analysis should be based on the principle of double materiality, i.e. the effect a company has on the environment and people, as well as how sustainability matters affect or may affect the company’s finances. In this section, we will go through the process of conducting a double materiality analysis and round of with an exercise in mapping out a value chain.

14.30 General requirements in line with ESRS part 1

In this section, we continue to go through the general requirements for reporting in line with ESRS and get a feel for how to conduct a double materiality analysis.

15.15 Coffee

15.45 ESRS del 2: General disclosures (information)

In this section, we will look closer into the information that companies and organisations are expected to include in their sustainability report, including an exercise in which the participants get a feel for some of the disclosures in the standard.

16.40 Summary of day one

17.00 End of day one

 

DAY 2

09.00 Introduction of the agenda for today

Introduction of the agenda, a summary of day one, as well as answers to any questions that may have arisen.

09.30 ESRS part two, continued

Companies and organisations are expected to disclose information about the sustainability matters in which they have identified the most impact, risks, and opportunities. In this section, we look closer into what companies need to disclose in relation to their material topics.

10.00  Coffee  

10.20  Reporting according to the topical- and sector-specific standards

Deep dive into how to report with the topical- and sector-specific standards according to the CSRD and ESRS.

  • Structural requirements
  • Choice of disclosures based on the materiality analysis
  • Qualitative vs quantitative disclosures
  • Other requirements on report and structure

Consequently, the participants get to navigate the different standards in a group exercise.

12.00  Lunch

13.00 Workshop: develop a strategy for reporting according to the ESRS

In groups, the participants are tasked to develop a plan and strategy for the reporting process for a fictitious company, by using all the different standards.

15.15 Break  

15.45 Develop your own action plan

The participants get to make use of their new knowledge by outlining an action plan for their own organisation to be compliant with the ESRS.

16.30 Summary and wrap up

17.00 End of day two  


Trainers

Johanna Gulliksen

Mobile: +46 760975491

johanna.gulliksen@enact.se

Johanna Gulliksen is a consultant and project manager at Enact, based in Stockholm, Sweden. Johanna works with Advisory services, supporting clients…
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Mattias Iweborg

Mobile
+46 705 93 43 60

Direct
+46 8 522 034 51

mattias.iweborg
@enact.se

Mattias Iweborg is the co-founder and CEO of Enact. He has worked as an international advisor within the field of responsible…
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Cost

SEK 19 900 excl. VAT


Contact

information@bonnierakademi.se