ESG, Sustainability
and Non-Financial Reporting
ESG (Environmental, Social and Governance) is one of the biggest challenges in today's business world. Companies realise that their environmental and social impact is crucial to their long-term sustainability and competitiveness.
Our expertise, know-how, and professional knowledge have enabled us to prepare comprehensive courses that will help you gain an overview of the latest changes and trends in ESG and sustainability. You can choose from a wide range of training sessions focused on non-financial reporting, carbon footprint measurement, or sustainable assets and projects.
ESG courses and webinars
- Mandatory ESG reporting – EU CSRD & ESRS Standards
- Carbon footprint measurement and disclosure
- ESG reporting for experienced professionals – upgrading from GRI to ESRS
- ESG & Non-financial reporting
Mandatory ESG reporting – EU CSRD & ESRS Standards
At the end of July 2023, the European Commission adopted the final version of the 1st set of the European Sustainability Reporting Standards (ESRS) that further specify the requirements set by the EU Corporate Sustainability Reporting Directive (CSRD, approved in January 2023). The reporting obligations apply to large undertakings and groups who need to include ESG information to their annual management reports.
During this course, you will orient yourself in the complex structure of the ESRS, learn what to look for and where, and gain confidence in navigating and working with the standards. You will familiarise yourself with the reporting principles that need to be followed to ensure quality and stand up to mandatory assurance.
You will learn about the structure, topics and disclosure requirements for the three pillars – E, S and G. You will be able to distinguish the mandatory and voluntary disclosures, as well as those that may be delayed.
Topics covered:
- Cross-cutting standards ESRS 1 and ESRS 2:
- General requirements and disclosures mandatory for all undertakings subject to CSRD.
- Strategy, impacts, risks and opportunities – their management and measurement.
- Double materiality principle. Sustainability due diligence and value chain reporting.
- Time horizons. Structure and presentation of the report.
- Environment: E1 Climate change, E2 Pollution, E3 Water and marine resources, E4 Biodiversity and ecosystems, E5 Resource use and circular economy.
- Social: S1 Own workforce, S2 Workers in the value chain, S3 Affected communities, S4 Consumers and end-users.
- Governance: G1 Business conduct.
The course is suitable for people who will coordinate or participate in preparation of the mandatory ESG reporting under the requirements of EU regulations – CSRD and ESRS. (EU Taxonomy is covered in another course).
Course details:
Time: 2 days
Tutor: Radka Nedvědová
Carbon footprint measurement and disclosure
European regulation, finance providers and major customers start requesting information on carbon footprint of a company or its products. Join us to learn what are the components of carbon footprint, how to calculate and how to decrease it.
You will learn about the following topics:
- Greenhouse Gas emissions – what are they and how to measure them:
- scope 1 (direct emissions),
- scope 2 (indirect energy-related emissions) – location vs. market-based method,
- scope 3 (other indirect emissions) – downstream, upstream,
- Emission factors, CO2 equivalents,
- Company carbon footprint,
- Product carbon footprint,
- Carbon neutrality vs. Net Zero – offsets and compensations,
- Carbon footprint measurement and reporting standards – GHG Protocol, ISO 14064, ISO 14067, CDP,
- Carbon footprint calculation – phases, boundaries,
- Decarbonisation – SBTi, goals and means of reduction.
Course details:
Time: 1 day
Tutors: Martina Rozkošná, Josef Novotný
ESG reporting for experienced professionals – upgrading from GRI to ESRS
We tailored this course to the needs of participants who already have experience with ESG reporting and do not need to start from the basics.
You will appreciate this training if you already report on sustainability on a voluntary or mandatory basis, based on Global Reporting Initiative (GRI Standards) or another methodology. Although this is a very good ground for fulfilling the future obligations imposed on large EU companies and groups by the CSRD directive, there are some significant differences that will require a robust preparation.
We will take you through the major differences between voluntary (e.g. GRI-based) and mandatory CSRD reporting and explain their practical implications for the report content, process and sustainability governance.
We will focus on the following topics (and more):
- Double materiality assessment – extended by financial perspective of ESG matters,
- Inter-operability, similarities and differences between GRI and ESRS requirements and indicators,
- New mandatory disclosures in ESRS (differences and additions),
- Inclusion of entity-specific (industry) disclosures in the absence of ESRS sector standards,
- Mandatory EU Taxonomy disclosures (new to majority of reporters),
- Requirements for structure and form of the report, integration to annual report,
- Rules for claiming an exemption due to inclusion in consolidated report prepared by parent company,
- Mandatory external assurance.
Course details:
Time: 3,5 – 4 hours
Tutor: Radka Nedvědová
ESG & Non-financial reporting
ESG agenda is developing dynamically and expectations for companies' activities and products are growing. ESG reporting is a means of informing the stakeholders (e.g. business partners – customers and suppliers, investors, employees, regulators, public) about responsible approach to environment, society and governance.
EU CSRD Directive, ESRS Standards and EU Taxonomy pose obligations on large companies to disclose information about sustainability (ESG). There are multiple other evolving regulations and trends to be aware of in the ESG landscape.
Overview for whom the ESG reporting becomes mandatory
The training programme is composed of four practical modules and it is suitable for those who need to understand or cooperate on ESG strategy and reporting in any role (legal & compliance, finance, HR, investor relations, procurement, logistics, environment, sales, marketing etc.). It will be appreciated by beginners as well as experienced ESG coordinators.
Topics covered:
- ESG at a glance: What does ESG mean, why it is important and what are the benefits. Practical illustrations from various industries. Orientation in ESG reports – what to look for and how to read in them.
- ESG reporting – regulations and voluntary frameworks: Who has the ESG reporting obligations and from when. Overview of mandatory and voluntary disclosure requirements (CSRD, EFRAG – ESRS, ISSB – IFRS SRS, GRI, SASB, TCFD).
- ESG report preparation – Content: Selecting the ESG reporting topics (mapping of relevance, prioritisation double materiality assessment). Scope of the report (who is covered entities, group level, value chain). Reporting principles to ensure quality. Stakeholders.
- ESG report preparation – Process: Practical guide – phases and steps in ESG report preparation. Reporting team composition. Anticipating and preventing typical problems.
Course details:
Time: 4 x 3 hours
Tutor: Radka Nedvědová
Overview of Courses
Are you hesitating about selecting a course and considering which training to choose to meet your expectations? We have prepared a clear navigation that will assist you in making your choice.
Tutors
Radka Nedvědová
ESG & non-financial reporting
Radka is a manager and PwC Academy tutor with more than 20 years of experience across various fields and industries. She led and participated in audit and consulting projects and she leverages her experience and expertise to support the professional and personal development of PwC's clients and employees. As a founding member of PwC's ESG team, Radka specialises in non-financial reporting and related regulations and co-operates on ESG strategy projects and stakeholder dialogues. She is a member of international PwC working group for CSRD and ESRS.
Martina Rozkošná
Carbon footprint measurement and disclosure
Martina is a senior consultant with five years of experience in the environmental private sector, focusing mainly on waste management, sustainable development, circular economy, water and air protection. In the ESG team, her main area of expertise is carbon footprint calculations, from setting up an individual scope of calculations for each client to calculating the emissions of each scope and creating an inventory report.
Markéta Jechová
Carbon footprint measurement and disclosure
Markéta is a manager with over 5 years of experience in ESG services, focusing mainly on carbon footprint calculations, and calculation tools development. Furthermore, she is helping clients with ESG reporting projects. Into the portfolio of projects conducted by her team belong also ESG audits, which may be broadly set to examine correctness of ESG data and reporting processes, or which may have in scope specially carbon footprint calculation.
Josef Novotný
Carbon footprint measurement and disclosure
Josef is a consultant in the Sustainability Services department. He is currently focusing on ESG reporting according to the GRI standard and calculating the carbon footprint of both the company and the product. He has experience in data analysis, creating stress scenarios and preparing various client reports. He has been cooperating with Czech and foreign universities for a long time.
Matěj Schánilec
ESG Taxonomy
Matěj is a manager in the Capital Markets, Accounting Advisory and Structuring (CMAAS) department at PwC. He has more than 8 years of experience in managing financial and non-financial projects for clients, especially with regard to optimizing and modernizing reporting processes or introducing new reporting frameworks within companies.
Matěj is a PwC reporting specialist according to EU Taxonomy. He has experience in preparing Taxonomy reports and is a member of the PwC Taxonomy working group at the regional level. In addition to taxonomy, Matěj also participates in reporting projects according to GRI, TCFD, or planned CSRD.
Matěj is a member of the Corporate Reporting Services – Sustainability Reporting Expert Group team within the PwC with focus on EU Taxonomy.
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Radka Nedvědová
ESG & non-financial reporting
Radka is a manager and PwC Academy tutor with more than 20 years of experience across various fields and industries. She led and participated in audit and consulting projects and she leverages her experience and expertise to support the professional and personal development of PwC's clients and employees. As a founding member of PwC's ESG team, Radka specialises in non-financial reporting and related regulations and co-operates on ESG strategy projects and stakeholder dialogues. She is a member of international PwC working group for CSRD and ESRS.
Martina Rozkošná
Carbon footprint measurement and disclosure
Martina is a senior consultant with five years of experience in the environmental private sector, focusing mainly on waste management, sustainable development, circular economy, water and air protection. In the ESG team, her main area of expertise is carbon footprint calculations, from setting up an individual scope of calculations for each client to calculating the emissions of each scope and creating an inventory report.
Markéta Jechová
Carbon footprint measurement and disclosure
Markéta is a manager with over 5 years of experience in ESG services, focusing mainly on carbon footprint calculations, and calculation tools development. Furthermore, she is helping clients with ESG reporting projects. Into the portfolio of projects conducted by her team belong also ESG audits, which may be broadly set to examine correctness of ESG data and reporting processes, or which may have in scope specially carbon footprint calculation.
Josef Novotný
Carbon footprint measurement and disclosure
Josef is a consultant in the Sustainability Services department. He is currently focusing on ESG reporting according to the GRI standard and calculating the carbon footprint of both the company and the product. He has experience in data analysis, creating stress scenarios and preparing various client reports. He has been cooperating with Czech and foreign universities for a long time.
Matěj Schánilec
ESG Taxonomy
Matěj is a manager in the Capital Markets, Accounting Advisory and Structuring (CMAAS) department at PwC. He has more than 8 years of experience in managing financial and non-financial projects for clients, especially with regard to optimizing and modernizing reporting processes or introducing new reporting frameworks within companies.
Matěj is a PwC reporting specialist according to EU Taxonomy. He has experience in preparing Taxonomy reports and is a member of the PwC Taxonomy working group at the regional level. In addition to taxonomy, Matěj also participates in reporting projects according to GRI, TCFD, or planned CSRD.
Matěj is a member of the Corporate Reporting Services – Sustainability Reporting Expert Group team within the PwC with focus on EU Taxonomy.
