Ac­count­ing for Sustain­ability

Course content

Aim of the Course:

We live in a world of great challenges and high expectations in relation to the social and environmental footprint. Conscious attention to sustainable development in the economic, environmental and social domains benefits both the organization and its stakeholders. The advantages for the organization may include improved risk management, insight into new market opportunities, better access to capital markets, eco-efficiency and an improved reputation which will enhance trust of consumers and employees. Particular attention will be given to the recent development of the Corporate Sustainability Reporting Directive (CSRD) at the European level and the relative implications for companies. 

The focus of this course is on the role of entities (governments, non-government organizations (NGOs), firms and individuals) and their accountability, accounting and reporting issues in the context of sustainable development. Corporate social and environmental accountability, accounting and reporting is concerned with measuring, managing and communicating the social and environmental effects of a corporation's economic actions to particular stakeholders and to society at large.

Main Themes

• Sustainable Management Accounting
• Sustainable Balanced Scorecard
• Sustainability Reporting guidelines and Assurance Services
• CSRD and new European Regulation on Sustainability
• External Financial Reporting of Environmental Liabilities
• External Corporate Financial Reporting of Sustainable Business Practices
• Sustainable finance
• Socially responsible Investing (SRI)
• Social Return on Investment (SROI)
• Environmental Sustainability Indexes