Introduction to sustainability & ESG. Key terms, concepts, their meaning

Environmental, Social and Corporate Governance (ESG) is a concept that encompasses more than just popularity or trends. A sustainable future for organizations is a strategic imperative that provides competitive advantages, promotes brand reputation and mitigates risks.

Today, sustainability considerations are reminded of both consumer desires and investor demands and now also organizations' compliance with regulatory regulations.

Objective

To provide participants with an understanding of ESG principles and practical strategies for implementing them in their organizations.

Benefits

• Understanding the importance of ESG and its connection to organizational development;

• Knowledge of ESG trends and good governance practices;

• Ability to assess your organization’s ESG strengths and opportunities for improvement;

• Ideas for implementing ESG initiatives and driving change in your organizations;

• Information on the application of the latest regulatory frameworks;

• Inspiration for setting sustainability goals.

Working method

Active and engaging form of work, the theoretical part is supplemented with examples and practical tasks, individual and group work, discussions, and situation analysis.

Target audience

Managers of organizations or structural units and interested parties who want to gain an understanding of the basic principles of ESG and their implementation.

Program

The first part is dedicated to understanding sustainability and ESG

1. The concept of sustainability and ESG, the main trends.

2. Advantages of integrating ESG principles.

3. Case studies – successful ESG initiatives and their impact on organizational performance.

4. Possible risks and consequences of ESG non-compliance.

5. ESG implementation strategies:

   1. Inclusion in organizational culture and processes;

   2. Setting ESG goals;

   3. Involving stakeholders.

6. Tools and frameworks:

   1. The most common systems;

   2. Efficiency measurement tools and key performance indicators (KPIs);

   3. Sustainability standards and certificates.

The second part is dedicated to practical work on sustainability assessment and planning for the implementation of activities:

1. ESG assessment of your organization:

   1. Self-assessment of existing ESG and sustainability according to given criteria;

   2. Discussion of strengths and improvement opportunities in each ESG dimension.

2. Generating ideas for ESG initiatives and improvements.

3. Prioritizing ideas based on feasibility, impact and connection to business goals.

4. Action plan for ESG implementation.

5. Possible challenges or obstacles and strategies for overcoming them.

6. Information on available resources, tools and support for further work on ESG implementation.