Language: English | Size: 6.12 GB | Duration: 5h 3m

This course delves into the challenges of sustainable reporting, providing a comprehensive exploration of vital concepts. We initiate our journey by providing an in-depth overview of the current landscape of sustainability reporting practices. Subsequently, we delve into the intricacies of two pivotal frameworks designed to facilitate the establishment of an ESG (Environmental, Social, and Governance) reporting system. The first framework, the Global Reporting Initiative (GRI), places a strong emphasis on a multi-stakeholder approach, ensuring a holistic perspective. The second framework revolves around the International Financial Reporting Standards (IFRS) S1 and S2, tailored to cater primarily to investor stakeholders' interests. Our exploration extends to both the external and internal facets of ESG reporting, encompassing environmental, social, and governance dimensions of sustainability management. We take a deep dive into issues like modern slavery, examining its relevance to firms and supply chains, especially in the context of developing economies. Furthermore, we scrutinize the implications of the ESG reporting insights for the assurance function. The course proceeds to tackle significant topics such as the carbon tax, emissions trading, and the reporting of Scope 3 emissions. Finally, we delve into the strategies for integrating this crucial information into decision-making processes within an organization, with a particular focus on the measurement and allocation of costs in the realm of sustainability management accounting. We finally provide a brief insight into where manufacturing is concerning sustainability management and the adoption of AI.