Auditing the ESG Process Masterclass

The programme

Programme overview

Sustainable business practices and Environmental, Social, and Governance (ESG) reporting are gaining prominence. Ratomac Auditing the ESG Process Masterclass explores the role of Internal Audit in reviewing these critical activities, examining the potential impact of ESG developments, and discussing value creation through ESG.

Who should attend

Who is this programme for?

This Auditing the ESG Process Masterclass course is designed for:

• Heads of Internal Audit
• Audit Managers and Prospective Managers
• Lead Auditors
• Senior Auditors
• Assurance Professionals Seeking Deeper ESG Assessment Understanding

Learning outcomes

What you will learn

• Audit Environment, Social, and Governance activities with confidence
• Review the effectiveness of the overall ESG environment
• Meet stakeholder expectations regarding ESG
• Help the business derive genuine benefits from ESG management
• Ensure ethics and sustainability receive adequate attention
• Support the board in ESG oversight
• Assess AI-driven ESG reporting and emissions tracking tools
• A Genuine Skill Day, Not Just an Overview: Practical, exercise-based learning covering the core of both minute taking and report writing in one focused day.
• AI From the Start: Learn to use AI transcription and drafting tools effectively and verify their output, not just discuss them in theory.
• Templates You Leave With: A minute-taking template and a report structure ready to use in your very next meeting.
• A Clear Next Step: Pairs naturally with Ratomac 3-Day Comprehensive Minute Taking and Professional Report Writing course for those who want deeper practice.

Explore the programme

Detailed programme outline

• The pillars of ESG
• Demonstrating responsible business processes
• Benefits: environmental performance, employee well-being, stakeholder engagement, funding access, supply chain transparency
• Raising ESG risk awareness with audit committees and boards
• Promoting efficiency and effectiveness improvements
• Strategic alignment with ESG goals
• Managing transition risks
• A focus on climate-related risk
• Environmental standards, including ISO 14001
• Key environmental concepts and terminology
• Auditing environmental processes and compliance
• Environmental legislative requirements
• Planning, conducting, and reporting environmental audits
• Using AI to track and predict greenhouse gas emissions
• Energy efficiency and equipment maintenance
• Policies for energy-efficient purchases
• Water management and recycling
• Types of waste, including hazardous and chemical
• On-site and off-site waste management strategies
• Recycling programmes
• Supplier selection based on ESG criteria
• Compliance with ethical standards and regulations
• Packaging and material considerations
• Air quality, noise control, and transportation practices
• Environmental emergency preparedness
• Why reputation matters to the business
• Measuring and managing reputational risk
• A checklist for reviewing reputational risks
• CSR and ethics
• Auditing ethics and CSR frameworks
• Stakeholder communication and expectations
• CSR evaluation and impact assessment
• Core principles of governance
• Governance roles: audit committee, board, regulators
• ESG considerations in governance statements
• Internal audit's role in governance oversight
• Business process analysis and risk assessment
• Aligning ESG objectives with business goals
• Linking risks to controls and strategic objectives
• Identifying stakeholders and their expectations
• Strategies to exceed stakeholder expectations
• Reporting internal audit findings to stakeholders
• Role-play: a pre-meeting with management
• Audit checklists for ESG assessments
• Case studies and group discussions on ESG challenges
• Brainstorming: stakeholder engagement and governance issues

Learning approach

How you will learn

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.– Course Material: Access well-crafted supporting resources.– Group Work: Collaborate on discussions and case studies for practical insights.– Workshops & Role-Play: Participate in immersive, scenario-based activities.– Practical Application: Focus on applying theoretical knowledge in real situations.– Post-Training Support: Receive extensive support after training for skill implementation.

Discuss your requirements

Dates, duration & arrangements

Contact Ratomac to confirm dates, duration, delivery format, entry requirements and any applicable assessment or certification before booking.