Sustainability Risk Management Short Certificate Course

This sustainability risk management course comes in ten modules as highlighted below:

Module 1: Overview of Sustainability

• Sustainability meaning and its importance
• Sustainability’s Evolving Role in Business
• ESG Risks and Opportunities: Understanding the ESG Landscape
• Why do environmental, social, and governance-related risks matter for organizations?
• Examples of organizations (Local and International) that have experienced ESG/sustainability-related risks and impacts
• The business case for Sustainability
• Sustainability Leadership

Module 2: Sustainability challenges and opportunities

• Challenges; Cost; Compliance, Supply chain, Resources
• Opportunities - Reputation, Connecting Customers, Competitive Advantage

Module 3: Regulatory environment and international policy

• Rising regulatory interest in sustainability
• Sustainability as a global issue; the international perspective

Module 4.   Sustainability planning and execution

• Setting Sustainability Goals
• Implementation
• Revisit and Revision of Plan

Module 6: Collaboration and partnerships

• Need for Teamwork
• Different partners, same vision, Common goals, Agreement about objectives
• Appropriate governance structures
• Transparent lines of communication within and between partner agencies

Module 7: Investor interest in ESG-related risk

• ESG disclosures and regulation
• Comparing ESG disclosures to risk disclosures
• How can Sustainability help Enterprise risk management navigate ESG-related risks?
• Navigating ESG issues — performing an ESG materiality assessment
• Following the ESG disclosure path – using company-specific KPIs to articulate ESG strategy
• Managing risks related to supply chain management

Module 8: Sustainability as part of Enterprise Risk Management Framework

• Assessing company readiness for ESG-related risks
• Alignment of sustainability risk appetite to the organization’s corporate strategy and the new world view of company value
• Integrating sustainability to better manage enterprise risk

Applying a Sustainability Lens to COSO’s Objectives Categories:

• Strategic Risks
• Operational Risks
• Compliance Risks
• Reporting Risks.

 Module 9: Integrating Sustainability into the Components of the COSO

 Enterprise Risk Management (ERM) Framework

• Internal Environment
• Objective Setting
• Event (Risk) Identification
• Risk Assessment
• Control Activities
• Risk Response
• Information and Communication
• Monitoring

Module 10: Case Studies