Events

As the Corporate Sustainability Reporting Directive (CSRD) came into force on 5 January 2023, ecoDa and Mazars, are launching a series of two webinars to enlighten board members about the new requirements and responsibilities implied by this new directive.

Intending to bring sustainability reporting and financial reporting on an equal footing, the CSRD strengthens the rules about the social and environmental information companies will have to report, notably with the development of European Sustainability Reporting Standards. In addition to mandatory sustainability reporting obligations, the CSRD also introduces new requirements in terms of assurance and audit.

Understanding what is at stake seems all the more important that a broader set of companies (including listed SMEs) will now be required to report on sustainability – with about 50,000 companies in the scope in comparison with about 11,700 for the current Non-Financial Reporting Directive).

To equip board members, but more broadly, all actors that will now play a role in sustainability reporting, with the right understanding and practical tips to apply the new rules in the financial year 2024, ecoDa and Mazars have gathered knowledgeable practitioners.
They will share their complementary expertise on the rules, the practice, and the best way to get prepared.

With speakers Leena Linnainmaa and Emmanuel Thierry.

To register for the first webinar, please click this link.

To register for this webinar please click this link.

As the Corporate Sustainability Reporting Directive (CSRD) came into force on 5 January 2023, ecoDa and Mazars, are launching a series of two webinars to enlighten board members about the new requirements and responsibilities implied by this new directive.

Intending to bring sustainability reporting and financial reporting on an equal footing, the CSRD strengthens the rules about the social and environmental information companies will have to report, notably with the development of European Sustainability Reporting Standards. In addition to mandatory sustainability reporting obligations, the CSRD also introduces new requirements in terms of assurance and audit.

Understanding what is at stake seems all the more important that a broader set of companies (including listed SMEs) will now be required to report on sustainability – with about 50,000 companies in the scope in comparison with about 11,700 for the current Non-Financial Reporting Directive).

To equip board members, but more broadly, all actors that will now play a role in sustainability reporting, with the right understanding and practical tips to apply the new rules in the financial year 2024, ecoDa and Mazars have gathered knowledgeable practitioners (including the Chair of the Committee of European Auditing Oversight Bodies). They will share their complementary expertise on the rules, the practice, and what could be expected in terms of supervision – and the best way to get prepared.

With speakers Caroline Masson, Patrick Parent and Emmanuel Thierry.

You can already get registered for both webinars:
To register for the 1st webinar on April 17th, please click this link.
And to register for the 2nd webinar on April 18th, please follow this link.

ecoDa and EY are organising a joint webinar on linking executive pay to sustainability goals and the practical considerations that come with this. The main aim is to understand how to connect pay and purpose, and how to tie compensation plans with clear and credible KPIs. As a prerequisite, board members need to make sure that they measure what matters.

• Katherine Savage, Partner at EY Financial Services & People Advisory Services
• Cinzia Donalisio, Board Member at CAREL and Founding Partner at Governance Advisory
• Martha Cook, Global & EMEIA Total Rewards Leader at EY
• Monica de Virgiliis, Chair of the Board at Snam

At a time of rising uncertainty, the interplay between board members, the management of companies, auditors and supervisors has never been so critical to corporate reporting quality. High quality corporate reporting builds trust which ensures the effective functioning of financial markets. Recent major corporate failures such as Wirecard and corporate concerns over lack of choice in the PIE audit market have heightened the need for an EU initiative to enhance the corporate reporting framework.

According to the Consultation launched by the Commission last year, 65% of the respondents expressed clear support for such an initiative, with 82% of them considering there was a need for improvement of some or all of the three pillars (corporate governance, staturory audit and supervision of PIE auditors). Only 13% say there is enough choice in finding an auditor at appropriate cost. (For details, please see Consultation outcomes – Summary report)

The panel representing board members, auditors and supervisors will consider the following points and respond to questions raised by the audience:
– For board members, what is the EU key priority to tackle perceived deficiencies in corporate reporting?
– What would help board members to better monitor audit quality and select their auditor(s)?
– What are the options for the EU to create a more diversified and vibrant PIE audit market?

Please register to our upcoming event via this link: https://us02web.zoom.us/webinar/register/WN_XkZhR1YNRtqaHP4a96uZxg

The subject of internal control is becoming more predominant in current debates, whether it concerns reflection on corporate reporting, ESRS standards or audit reform debates at national level like in the UK and in the Netherlands. What is meant by internal control? What is the role of internal control for ESG? What lessons from Sarbanes Oxley?

With speakers:

Stephen Licence
Maurizio Donvito
Anne-Hélène Monsellato
Rogier Wezenbeek
Jacomien van den Hurk
Rachel Bowden