Impact of CSRD and CSDDD in finance
The Corporate Sustainability Due Diligence Directive (also referred to as CS3D) represents a significant step towards integrating sustainability into the core operations of businesses across the European Union. It aims to ensure that companies are accountable for their impact on human rights and the environment throughout their value chains. By mandating comprehensive due diligence processes, the CSDDD seeks to foster sustainable business practices and enhance the EU's commitment to responsible corporate conduct.
The objectives of this training are to:
- explore the Corporate Sustainability Reporting Directive (CSRD) with European Sustainability Reporting Standards (ESRS);
- delve into the Corporate Sustainability Due Diligence Directive (CSDDD);
- outline the applicability, timeline, and specifics of Belgian legislation related to CSDDD;
- highlight the role and duties of directors under CSRD and CSDDD;
- offer practical steps and actionable items for organizations to comply.
Total price *
Members: € 330
Non-members: € 360
Partners/ BZB: € 330
Incompany: tailor-made, prices on request
* Price: service in the context of continuing professional training, exempt from VAT
CPD Hours
Banking: 3h general
Insurances: 3h general
Consumer credit: 3h general
Mortgage credit: 3h general
Compliance:
3h
Continuing Professional Development
Please let us know you're interested in this training should there be no date available, the planned date does not suit you and/or this session is full. As soon as about 5 people are registered on the interest list, we will propose a new course date. Your registration on the interest list is free of charge and without any obligation.
Target group
The training course can be followed by various target groups:
- Corporate Directors and Board Members;
- Compliance Officers;
- Sustainability managers;
- Legal and regulatory professionals;
- ESG analysts and consultants;
- Finance managers;
- ...
Required prior knowledge
Advanced level training: this training requires a general basic knowledge of the subject.
Preparation: Persons wishing to take the course are strongly advised to have completed the E-Learning "Introduction to Sustainable Finance"
Programme
CONTENT
- ESG: General introduction
- Definition and importance of ESG
- Overview of key ESG components: Environmental, Social, Governance
- EU Green Deal
- Goals and objectives of the EU Green Deal
- Key initiatives and policies
- Impact on businesses and stakeholders
- EU Taxonomy
- Understanding the EU Taxonomy regulation
- Criteria for sustainable activities
- Implications for companies and investors
- Corporate Sustainability Reporting Directive (CSRD) with ESRS
- Overview of CSRD
- Impact on financial institutions
- Impact on the customers
- Introduction to European Sustainability Reporting Standards (ESRS)
- Reporting requirements and timelines
- Overview of CSRD
- Corporate Sustainability Due Diligence Directive (CSDDD)
- General Overview
- Objectives and scope of CSDDD
- Key requirements for businesses
- Applicability and timeline
- Who is affected and when
- Key milestones and deadlines
- Belgian legislation specifics
- National implementation and differences
- Compliance requirements for Belgian companies
- ESG Data clauses
- Importance of Data in ESG Reporting
- Specific clauses and requirements under CSDDD
- General Overview
- Directors’ duties under CSRD and CSDDD
- Roles and responsibilities of Directors
- Legal obligations and best practices
- Integrating ESG into Corporate Governance
- To Do’s in practice
- Practical steps for implementation
- Developing an action plan
- Q&A session for clarifications
PRACTICAL INFORMATION
- Duration: ½ day of training (3 class hours)
- Hours: 09:00 to 12:30
- Location: Febelfin Academy: Phoenix building, Koning Albert II-laan/Boulevard du Roi Albert II 19, 1210 Brussels
- Language: This training will be given in English
Methodology
You follow a ‘Classroom training’ in a group. You, the other participants and the teacher are all present in the same classroom at an agreed time. There is an opportunity for interaction and feedback, both from the participants to the teacher and vice versa. The teaching material consists as a basis of a presentation via the MyFA learning platform, supplemented with various other items (such as digital syllabus, presentation, audiovisual fragments, etc.).
Training material: Powerpoint presentation (in English).
Teachers
Maxine Daems
Taxation & regulations
Florence Colpaert
Taxation & regulations
Compliance & audit
