Introduction

In an era demanding unprecedented corporate transparency and accountability, the integrity of Environmental, Social, and Governance (ESG) data has become as critical as financial reporting for investors, regulators, and stakeholders. As organizations increasingly commit to sustainability goals and disclose their ESG performance, the need for robust ESG data assurance and verification has escalated into a paramount concern. This essential training course focuses on ESG Data Assurance and Verification, equipping professionals with the specialized knowledge and practical methodologies to critically evaluate, validate, and report on ESG data with credibility and confidence. You will learn to navigate the complexities of diverse ESG reporting frameworks, identify and mitigate data quality risks, and provide reliable assurance that underpins trust in your organization's sustainability narrative.

This intensive training course delves into the intricate process of ensuring the accuracy, completeness, and consistency of ESG data across various operational areas and reporting scopes. We will explore key ESG reporting standards such as GRI, SASB, and TCFD, and discuss how to apply assurance principles to both quantitative and qualitative ESG disclosures. Participants will gain hands-on experience in implementing data collection controls, performing substantive testing on ESG metrics, and preparing comprehensive assurance statements. By the end of this training course, you will possess the expertise to strategically enhance your organization's ESG reporting integrity, minimizing greenwashing risks and bolstering its reputation as a truly sustainable and responsible entity.

Target Audience

• ESG Managers & Coordinators
• Sustainability Reporting Specialists
• Internal & External Auditors
• Compliance Officers
• Data Analysts (ESG Focus)
• Risk Management Professionals
• Investor Relations Managers
• Corporate Governance Professionals

Course Objectives

• Understand the fundamental concepts of ESG data assurance and its importance in the sustainability landscape.
• Learn about the diverse ESG reporting frameworks and standards (e.g., GRI, SASB, TCFD, ESRS).
• Master methodologies for assessing the materiality and scope of ESG data.
• Develop skills in designing robust ESG data collection processes and internal controls.
• Understand techniques for verifying the accuracy and completeness of ESG metrics.
• Learn about the different levels of assurance (limited vs. reasonable) for ESG reports.
• Explore best practices for identifying and mitigating ESG data quality risks and inconsistencies.
• Master techniques for documenting audit evidence and preparing ESG assurance statements.
• Understand the role of technology (e.g., ESG software) in ESG data management and verification.
• Learn about ethical considerations and common pitfalls (e.g., greenwashing) in ESG reporting.
• Apply practical ESG data assurance and verification strategies to real-world scenarios.

Duration

5 Days

Course Content

Module 1: Introduction to ESG Data Assurance

• Defining ESG data assurance and its role in building stakeholder trust.
• Understanding the drivers for ESG reporting and the need for external verification.
• Exploring the differences between ESG data assurance, auditing, and consulting.
• Overview of the benefits of credible ESG data for investors and reputation.
• Setting the stage for responsible ESG disclosure.

Module 2: ESG Reporting Frameworks & Standards

• Learning about major ESG reporting frameworks like GRI, SASB, TCFD, and their requirements.
• Understanding emerging regulatory standards such as ESRS (CSRD) and IFRS S1/S2.
• Navigating the landscape of various ESG rating agencies and their methodologies.
• Mapping organizational ESG data to relevant frameworks.
• Ensuring alignment with industry-specific ESG best practices.

Module 3: ESG Data Collection & Control Design

• Methodologies for establishing robust ESG data collection processes.
• Designing internal controls over ESG data reporting.
• Identifying relevant ESG metrics (KPIs) for different impact areas.
• Understanding data sources (internal systems, third parties) and their reliability.
• Ensuring the completeness and consistency of ESG data inputs.

Module 4: ESG Data Verification Techniques

• Mastering techniques for verifying the accuracy and reliability of ESG data.
• Performing substantive testing on quantitative ESG metrics (e.g., emissions, water use).
• Evaluating the qualitative disclosures related to social and governance factors.
• Understanding sampling methodologies for large ESG datasets.
• The importance of a clear audit trail for ESG data.

Module 5: Assurance Engagements & Standards

• Exploring the different levels of ESG assurance (limited vs. reasonable assurance).
• Understanding international assurance standards (e.g., ISAE 3000, ISAE 3410) applicable to ESG.
• Planning and executing an ESG assurance engagement.
• Identifying scope limitations and materiality considerations in ESG reporting.
• The role of the assurance provider's independence and objectivity.

Module 6: Mitigating ESG Data Risks & Challenges

• Best practices for identifying and mitigating ESG data quality risks.
• Addressing common challenges such as data availability, consistency, and comparability.
• Understanding the risk of "greenwashing" and how to prevent it through robust assurance.
• Managing the complexity of ESG data from diverse sources and systems.
• Developing strategies for continuous improvement in ESG data management.

Module 7: ESG Assurance Reporting & Future Trends

• Strategies for preparing clear, concise, and credible ESG assurance reports.
• Communicating assurance opinions and findings to stakeholders.
• The evolving role of technology (e.g., blockchain, AI) in ESG data verification.
• Future trends in ESG regulation and assurance requirements.
• Positioning the organization for enhanced ESG transparency and accountability.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 10 working days before commencement of the training.