Learning Objectives:

  • Learn about key sustainability management regulations of the EU Green Deal project
  • Gain knowledge on EU and global sustainability reporting frameworks and sustainability performance measures: Non Financial Reporting Directive (NFRD) 2014, Corporate Sustainability Reporting Directive (CRSD) 2022, European Sustainability Reporting Standards (ESRS), and Sustainability Reporting Standards by the International Sustainability Standards Board (ISSB)
  • Explore performance measures of the EU Taxonomy Regulation 2020 and Corporate Sustainability Due Diligence (CSDD) Directive/German supply chain act

As a great milestone of the EU Green Deal project, the new Corporate Sustainability Reporting Directive (CSRD) was recently implemented to reach climate neutral economy till 2030. The European Financial Reporting Group (EFRAG) has prepared European Sustainability Reporting Standards (ESRS) with precise reporting requirements regarding environmental, social and governance (ESG) issues. The new sustainability report is also linked to the EU Taxonomy Regulative 2020, which includes six environmental goals, and the new EU Corporate Sustainability Due Diligence Directive (CSDDD), leading to increased sustainability reporting requirements along the whole value chain of the firm.

As internal auditors monitor the sustainability reporting and related internal corporate governance systems (e.g., internal control, risk management and compliance management systems), their job profile and expertise will be mainly increased after these regulations. This webinar will inform you about the needed skills on ESG topics with a special focus on the new key performance indicators of the sustainability report included in the ESRS.

In order to be awarded the full credit hours, you must attend the entire session and answer at least 3 of the polling questions. Once the requirements are met, your CPE certificate will be available to download in the webinar. Participants will earn 1.0 CPE credits.

Speakers:

Prof Dr Patrick Velte
Prof Dr Patrick Velte
Chair for Business Administration, esp. Accounting, Auditing & Corporate Governance, School of Management & Technology, Leuphana University Lueneburg

Prof Dr Patrick Velte is a professor for business administration, especially accounting, auditing & corporate governance at Leuphana University Lueneburg. He is programme director of the major business administration (B.Sc.) and the major management & sustainable accounting and finance (M.Sc.). After his studies of Business Administration at the University of Hamburg, Professor Velte received his doctorate and post-doctorate qualification degree ("Habilitation") at the University Hamburg. Before joining the Leuphana University Lueneburg, he held various visiting and guest professor positions, including the University Trier, Hamburg and Lueneburg. In 2022, Prof. Velte was elected as the best researcher in business administration in the time frame 2018-2022 in the ranking of the German magazine "WirtschaftsWoche" and position 7 of the life time achievement of business administration researchers in Germany, Austria and Switzerland. Prof. Velte is also included as "Top 2% Scientist" in the Single Recent Year-Ranking (version 3 (2021) and version 4 (2022)) by Elsevier/Stanford University. His research deals with business reporting, auditing and corporate governance from a sustainable perspective (environment, social, & governance). A special focus of his research is (integrated) ESG reporting and its supervision.

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Wolters Kluwer is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.
 
Additional Information:
Field of Study: Auditing
Program Level: Basic
Prerequisites: None
Advanced Preparation: None
Delivery Method: Group Internet Based
 
Cancellation Policy: This webinar has no fee and your registration can be cancelled at any time.

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