THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Sustainability Reporting Workshop
Theme: incorporating non-financial information into corporate reporting
Date: 18th – 19th October 2023
Time: 9.00am-3.30pm
Mode of Delivery: Virtual.
Overview
Sustainability reporting broadly involves disclosure of a company’s environmental, social, and governance (ESG) goals and communicating the company’s progress and efforts to reach those goals. Sustainability’s three main pillars represent the environment, social responsibility, and the economic aspects. These three pillars are also informally referred to as people, planet, purpose, and profits.
In today’s complex business landscape, businesses must prioritize sustainability reporting through effective ESG strategies. Considerations around compliance with legal and regulatory guidelines, corporate responsibility and access to capital markets all hinge on effective ESG reporting.
Governments and regulatory bodies are establishing ESG standards and frameworks to guide responsible business practices, and investors are placing an even greater emphasis on companies that are not only profitable but also responsible and sustainable.
To ensure success, businesses need to also invest in technologies and training to measure and reduce environmental impacts, review policies and practices across business units, and ensure their boards prioritize ESG.
It is based on this background that the Institute has organized a two-day Workshop to address most of the areas indicated above. The Workshop sessions are geared towards helping the participants to develop competencies in supporting sustainable organisations and effective sustainable business performance reporting.
The following topics will be covered during the Workshop:
- Overview of sustainability reporting frameworks and the new IFRS S1 & S2 Standards
- Economic indicators in sustainability reporting
- Social considerations for sustainable entities
- Governance pillar indicators in sustainability reporting
- Environmental considerations in sustainability reporting
- Approaches and Challenges in measuring Scope 1, 2 and 3 Carbon (Greenhouse Gas) emissions.
- Practical approach to preparation of a sustainability report
- Materiality considerations in ESG disclosure and how to conduct materiality mapping for relevant ESG topics
- Options for metric generation, collection, monitoring and reporting ESG metrics
- Addressing Greenwashing and other ESG disclosure risks through effective assurance and validation of reported indicators
Practical illustrations will be applied during the discussions.
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be 10 CPD Units upon successfully attending each session of the Seminar.
Target Audience:
Private and Public Sector Accountants, Chief Finance Officers, Finance Directors and Managers, Corporate reporting Experts, Transaction Advisors, Pension Scheme Administrators, Fund Managers, Engagement Partners and Key Audit staff, Banking, Extractive and SMEs sector accountants, Auditors, Practitioners, Heads of Internal Audit and Assurance functions, Professionals working in County Governments
Cost:
Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to Monica Wanjiru at monica.wanjiru@icpak.com with a copy to memberservices@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.