Morning Training Session
Valuation Workshop
“Selling sustainability value to the capital markets”
Dialogue between companies and investors
9:00-10:00
Overview of the issues
Bringing participants to a common understanding of existing
initiatives, proposals and expertise focused on advancing the inclusion
of SD performance into business valuations (WBCSD-UNEP FI research)
10:00-10:30
What is sustainability (ESG) value? Perspectives of companies (investees) & money managers (investors)
A: Investors (Financial institutions)
Investors formulate their perspective on sustainability value and its relevance for business valuations
B: Investees (Companies)
Companies formulate their perspective on sustainability value and its relevance for business valuations
10.30am – 10:45am BREAK
10:45 - 11:30am
“Speed dating” immediate feedback dialogue between company managers & money managers to identify relevance & gaps
One to one conversations between investors & investees, where companies give proto-type answers to investors’ questions - - Participants verify the relevance / gaps of investor vs. investee lists of most relevant CSR and SD performance information
11:30 - 12:00am
Summary & Conclusions
What are the key messages for the capital markets and key messages for companies that have emerged from this session?
Participation in this important event is limited to 60 spaces – Registration is open to all company managers and investment managers - even those who are not delegates to the full conference, although conference participation is encouraged for background.
Afternoon Training Session
CSR REPORTING TO INTERNATIONAL STANDARDS – GRI-G32pm - 3pm
Session One: Introduction to CSR reporting using the GRI-G3 Standard
The Global Reporting Initiative (GRI-G3) is the best practice standard
for CSR reporting. It aims to make non-financial reporting as
straight-forward and comparable as normal financial accounts. The three
sessions in day-two will describe in detail how the GRI works, what
data is required and how you can begin to meet the challenges of this
new framework.
- Clarifying the Global Reporting Initiative (G3) Guidelines
- Setting the boundaries and scope of the report
- Investigating materiality in CSR reporting – what does it mean?
- Structuring a CSR report for maximum impact
3.00pm – 3.15pm BREAK
3.15pm – 4.15pm
Session Two: Mastering advanced CSR reporting to GRI-G3 Standards
This session will cover the central building blocks of the GRI, the
protocols for disclosure on management approach, the standard reporting
protocols, understanding performance indicators – where to find them
and how to use them and the special reporting requirements for specific
industrial sectors.
- Using the GRI Application Level indicators.
- Disclosure on Management Approach – DMA
- Reporting protocols
- Understanding performance indicators
- Sector supplements and application levels
4.15pm - 4.30pm BREAK
4.30pm - 5.30pm
Session Three: Finishing-off the report and final checklist
This final session will add the finishing touches to the reporting
process by showing the requirements and approaches to auditing and
verification, how the CSR report can be used as the basis for
development of company strategy and some of the most effective and
least effective reports available in the market.
- Applying audit techniques to identify gaps in CSR reporting
- Alignment of CSR reporting with opportunities for improving performance management
- Case studies of good and bad approaches to CSR reporting
- Incorporating and establishing effective methods for communicating non-financial performance
- Re - enforcing the importance of third - party report verification
All training includes coffee and networking breaks, course materials and attendance certificate.
ABOUT YOUR TRAINERS
Arshad Adam
BBA (Hons), MSc, FCCA
Arshad Adam is a founder and Finance Director of OWW Consulting in
Malaysia and Singapore. He is a Chartered Accountant who trained with
Deloitte Touche. He is currently the Finance Director of OWW
Consulting, a boutique consulting firm based in Singapore and Kuala
Lumpur. He also has to his credit a Masters in International Business
Management with distinction from the University of Nottingham and a
Bachelor in Business Administration with gold medal from the
International Islamic University Malaysia.
At OWW, he is responsible for the set up and management of the
Malaysian and Singaporean SRI Indexes for the firm under the
“Responsibility” series of Indexes. He also specialises in analysing
and comparing the different regional CSR reports against headquarters’
CSR reports for large multinationals with operations in Asia. His
recent CSR consultancy work has assisted major Malaysian conglomerates
in the automotive and construction sectors with the assessment and
reporting of their CSR programmes to GRI standards and has provided
assistance to companies on sustainability management in the oil palm
industry.
Arshad was a Member of the Financial and Management Accounting
Committee of the Malaysian Institute of Accountant (MIA) 1998 and 1999.
This committee represents Malaysia at the International Federation of
Accountants (IFAC) in New York. He was also and Appointed Member of the
Internal Audit Committee of the Malaysian Institute of Accountant (MIA)
in 1998 and 1999, this committee is concerned with internal audit
practices in Malaysia.
Cheryl Hicks
Cheryl Hicks is a manager in the
WBCSD’s Business Role focus area and the lead on two workstreams:
Valuation & Capital Markets; and Sustainable Consumption. The World
Business Council for Sustainable Development is a CEO-led business
association of over 200 multinational corporations with a shared
commitment to sustainable development and business leadership for
change. For the past year Cheryl has lead the WBCSD’s newest finance
initiative which brings business together directly with financial
institutions to accelerate action on valuing sustainability in the
capital markets. This initiative builds on the WBCSD’s expertise in
sustainability reporting & accountability where Cheryl has been a
member of the core team since 2004. Cheryl has 12 years of business
experience including 7 years working at the intersection of business,
finance and sustainable development. Cheryl is Canadian and throughout
her career has worked and lived in Australia, Canada, Colombia, South
Korea, and is currently based in Geneva, Switzerland.
Dr Geoffrey Williams (MA(cantab), MA(oxon), MA(econ), PhD, FRSA)
Dr Geoffrey Williams is a founder and Managing Director of Owens,
Williams & Wood Consulting in Malaysia and Singapore. He has
designed and directed numerous research projects for the UK Government
(DTI), European Commission (DG-Research), the International Labour
Organisation (ILO) and the European Standards Agency (CEN), among
others. He has also worked with private companies and charities
including PA Consulting Group, leading UK law firm Allen & Overy,
and the Wellcome Trust UK. He is a member of the EU Malaysia Chamber of
Commerce and Industry (EUMCCI) CSR Committee. His recent CSR
consultancy work has assisted major industrial conglomerates on CSR
management, reporting and sustainability management in the hotels and
resorts industry, the palm oil sector, the forestry industry, the
construction industry, the automotive sector and the banking and
financing business.
Geoffrey has held academic positions at London Business School,
Pembroke College University of Oxford and elsewhere. He has published
extensively in leading academic journals worldwide. He is an Associate
Member of the Centre for Business, Organisations and Society, School of
Management, University of Bath, United Kingdom and was elected Fellow
of the Royal Society of Arts (RSA) in 2004.
Further information can be found at his listing at the Social Sciences
Research Network (SSRN) where he is ranked in the top 5% of Social
Science authors in the World.
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