ESG is currently the focus of corporate risk management.
It’s all about the future viability of business models : Where are there risks and opportunities that could end up hurting or helping your business?
Since 2017, banks, insurance companies and large listed companies (over 500 employees) have been required to prepare a sustainability report in addition to their annual report.
This must disclose information on the environment, social issues, employee concerns, the fight against corruption, respect for human rights and diversity.
From 2025, a stricter EU directive will apply, requiring all companies with 250 or more employees and sales of more than 40 million euros to produce a sustainability report. This affects around 2,000 medium-sized companies in Austria alone.
Are you already confused by the variety of different terms such as SDG (Sustainability Development Goals), ESG (Environmental Social Governance), CSRD (Corporate Sustainability Reporting Directive), TfS PCF (Together for Sustainability Product Carbon Footprint) Guideline, EU taxonomy?
Where do you need to tighten up processes in the company in order to implement the transparency requirements of the CSRD?
The procedure is clear:
Which special features have to be considered here, and how these can be implemented with CRISAM® also upstream and downstream of risk management, you will learn at the CRISAM GRC SYMPOSIUM & EXPERT WORKSHOPS on 21. & 22. June 2023 in Linz, Austria! You are welcome to register for this event free of charge until 16.6!
These two days in Linz will offer you a unique combination of experience, discussion and exchange with CRISAM® experts and other customers on the strategic and operational challenges of ESG in industrial companies. Nina Kaufmann-Frank, Executive Consultant at CALPANA will give you practical insights on exactly this topic in a presentation on day 1 of the symposium: ESG, SUSTAINABILITY & CLIMATE CHANGE IN ENTERPRISE RISK MANAGEMENT.
At the EXPERT WORKSHOPS on day 2, Ms. Kaufmann-Frank will lead a workshop on the topic: ESG – THEORY & PRACTICE IN CRISAM®.
We cordially invite you to join us!
Do you have questions about the implementation of ESG and sustainability in your company? Please feel free to contact us!
Would you like to learn more about sustainability issues in risk management? If so, we recommend this article on “Risk management and climate protection gohand in hand”, in which we discuss how you can identify, manage and exploit climate-related opportunities and risks.