Course Code: esgrskman
Duration: 14 hours
Prerequisites:

Basic knowledge of business operations and risk management principles.

No prior ESG-specific experience is required, though familiarity with corporate sustainability or environmental policies is a plus.

Overview:

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Course Outline:

Module 1: Introduction to ESG Risk Management

Content:

Overview of ESG (Environmental, Social, Governance) factors.

Importance of managing ESG risks for organizational sustainability.

The evolution of ESG standards and regulations.

Global trends in ESG investing and reporting.


Module 2: Environmental Risk Management

Content:

Understanding environmental risks: climate change, natural resource depletion, pollution, waste, and biodiversity loss.

Regulatory and compliance frameworks (e.g., carbon emissions, environmental laws).

Tools for assessing environmental risks (e.g., life cycle assessments, environmental audits).

Mitigation strategies for environmental risks.

Case study: A real-world example of an environmental risk event and its resolution.


Module 3: Social Risk Management

Content:

Social risks: labor practices, human rights, community relations, and health & safety.

Diversity, equity, and inclusion (DEI) challenges in organizations.

The importance of supply chain transparency and worker conditions.

ESG reporting frameworks related to social risks (e.g., UN Global Compact, GRI).

Case study: Addressing social risks in global supply chains.


Module 4: Governance Risk Management

Content:

Governance risks: corporate ethics, board diversity, executive compensation, transparency.

Regulatory frameworks (e.g., anti-corruption laws, corporate governance codes).

Establishing effective governance structures.

Assessing and improving governance practices.

Case study: Governance failures and lessons learned (e.g., corporate scandals).


Module 5: ESG Risk Assessment and Integration into Business Strategy

Content:

Risk identification and assessment frameworks for ESG factors.

Integrating ESG risks into the overall risk management process.

Aligning ESG strategies with business objectives and financial goals.

Using ESG metrics for performance monitoring.

Tools for integrating ESG into strategic decision-making (e.g., ESG ratings, risk matrices).


Module 6: ESG Reporting and Communication

Content:

ESG reporting frameworks and standards (e.g., TCFD, SASB, GRI).

Creating and publishing ESG reports.

Communicating ESG performance to stakeholders (investors, regulators, customers).

How to handle ESG disclosures: risks of "greenwashing."

Best practices for transparent and effective ESG communication.


Module 7: Monitoring, Auditing, and Continuous Improvement of ESG Practices

Content:

ESG risk monitoring systems and tools.

Auditing ESG performance and compliance.

Continuous improvement strategies for ESG management.

Setting targets and KPIs for ongoing ESG risk management.

Case study: Successful long-term ESG risk management strategies.


Conclusion and Q&A Session

Content:

Recap of key takeaways from the course.

Open Q&A for attendees to clarify doubts.

Discussing how to implement the knowledge into day-to-day operations.