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PLF: International standards – responding through your business strategy
Wed, 08 November @ 14:30 – 16:00
This is a virtual event.
Attendance is by invitation only. This event is for BITC members with advisory days in strategy & purpose, and has been designed to benefit responsible business practitioners.
Aims and objectives of the event
Join us for this Peer Learning Forum (PLF) to learn more about the main standards affecting UK businesses and their management of social and environmental impacts. This session will look in particular at the Corporate Sustainability Reporting Directive (CSRD) from the European Union and the global ISSB standard (International Sustainability Standards Board) as well as the Sustainability Disclosure Standards (SDS). This session will follow on from October’s Share and Learn Session on the standards and will explore in greater detail the implications for responsible business strategy and reporting.
Learn about how to take an integrated and strategic approach to aligning with the standards in order to get ahead of regulation and be a leading responsible business. This event is aimed at practitioners holding responsibility for the organisation’s responsible business strategy and we suggest all organisations consider the implications of the standards whether or not they are affected by current regulation.
After learning about the standards and their impact on strategy and reporting, we will be sharing top-line advice on how to take an integrated approach to ensure the organisation is well-positioned to comply with the standards. This will include the following:
- Conducting ‘double materiality’ assessments and embedding this in your strategy and approach to reporting
- Assigning responsibilities, particularly at director-level
- Establishing impact targets and KPIs to monitor progress
- Understanding different approaches to reporting and the key elements to include.
There will be an opportunity for businesses to share their wins and challenges within each of these aspects as we go into breakout rooms, with the view of supporting practitioners in exerting influence and making the necessary changes within their organisations.
This event forms part of a series covering the impact of new international standards. This event will focus on the implications of the standards on overarching responsible business strategy & purpose.
About Business in the Community’s Peer Learning Forums
BITC’s Peer Learning Forums provide a confidential environment to discuss common issues, solutions, and good practice. There will be an emphasis on discussion and sharing experiences.
Booking, contact details and further information
- Contact Megan Gillett, Events Coordinator at BITC, for any further questions.
- Full joining instructions will be sent before the event.