In this course we explore the various standards and systems available to organizations to identify, monitor and report social and environmental impact, and investigate why you need to be aware of these processes.
We start with an investigation of historical and current perspectives on accounting for sustainability and dive into the four most often referenced reporting standards/organizations. This leads into a conversation about which standards, certifications, and frameworks are most appropriate for your organization and why. We look at what organizations are currently reporting under various standards and who’s paying attention to what they report.
This course serves as an introduction to integrated sustainability reporting and will give accounting and finance professionals an understanding of how this will impact their organization and what next steps to take.
Learning Objectives
- Discriminate between historical and current perspectives on accounting for sustainability
- Differentiate between Frameworks, Principles and Tools; Models, Assessments and Standards; and Analytical Reports
- Examine different reporting standards
- GRI-4
- SASB
- B-Corp
- IRIS
- Explore how to improve your bottom line and returns to investors
- Identify who’s already implementing different types of reporting and
- Who’s reading/analyzing these reports
- How these processes can improve employee engagement and
- Enhance well-being among all stakeholders
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Prerequisites
Prerequisite: Exposure to SEC reporting requirements and I would suggest visiting the following websites to familiarize yourself with value proposition each one has to offer:
- GRI – 4 https://www.globalreporting.org/information/about-gri/what-is-GRI/Pages/default.aspx
- SASB http://www.sasb.org/standards/standards/
- B Corps http://www.bcorporation.net/what-are-b-corps
- GIIN – IRIS Catalog http://iris.thegiin.org/iris-standards
- Simon Sinek TEDtalk http://www.youtube.com/watch?v=sioZd3AxmnE
Advanced Preparation: None