ESG is currently the focus of corporate risk management.
It’s about the future viability of business models: Where are there risks and opportunities that could ultimately harm or help your company?
Since 2017, banks, insurance companies and large listed companies (over 500 employees) have been obliged to prepare a sustainability report in addition to their annual report.
This must include information on the environment, social issues, employee matters, the fight against corruption, respect for human rights and diversity.
From 2025, a stricter EU directive will apply, obliging all companies with 250 or more employees and a turnover of over EUR 40 million to produce a sustainability report. In Austria alone, this affects around 2000 medium-sized companies.
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:
You can find out what special features need to be considered here and how these can also be implemented upstream and downstream of risk management with CRISAM® at the CRISAM GRC SYMPOSIUM & EXPERT WORKSHOPS on 21. & June 22, 2023 in Linz, Austria! You are welcome to register for this event free of charge until June 16!
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 into precisely 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 find out more about sustainability issues in risk management? Then we recommend this article on “Risk management and climate protection belong together”, in which we discuss how you can identify, manage and exploit climate-related opportunities and risks.