Later this month, Frederick University’s Department of Business Administration and the Centre for Research in Entrepreneurship, Finance, and Strategy (CERFS) will hold a workshop on the Corporate Sustainability Reporting Directive (CSRD) and the impact of ESG (Environmental, Social and Governance) on corporate risk and financing. The workshop will take place on Wednesday, November 27, 2024, from 4-7pm, at Frederick University in Nicosia (Seminar Room 1 – 1st floor – 7, Y. Frederickou str., Pallouriotissa).

Titled “The Corporate Sustainability Reporting Directive (CSRD) and the impact of ESG (Environmental, Social and Governance) on corporate risk and financing”, the free workshop will be conducted in English. It is designed for company executives who must prepare for the upcoming implementation of the European CSRD Directive, which requires companies to submit an annual Sustainability Report on their performance and practices in three key areas: environmental sustainability, social responsibility and corporate governance.

Participants will be invited to explore recent developments in ESG regulations and corporate policy. The event will focus on explaining the new CSRD and its impact on firms’ required ESG investments. It will also offer an initial look at the influence of ESG on corporate loan risk and financing.

“Integrating environmental, social, and governance factors into business strategies and operations is no longer optional – it is crucial, not only for long-term financial success, but also for taking responsibility for a company’s environmental and social impact,” noted Dr Nicos Koussis, Head of Frederick University’s Department of Business Administration and lead researcher at the CERFS.

A panel of experts will offer their input on the event’s topic.

Stavros Violaris, Partner at EY and leader of the Climate Change and Sustainability Services, along with Constantina Charalambidou, Corporate Reporting expert at EY, will discuss the “Corporate Sustainability Reporting Directive (CSRD) and the connectivity of corporate reporting”. Nicolas Christodoulides, Senior ESG Analyst at the Bank of Cyprus, will explore “ESG for financial institutions”. Prof. Elettra Agliardi, Professor of Economics at the University of Bologna, will present on “Sustainability-linked financing”. Dr Mihalis Makrominas and Dr Nina Gorovaia, faculty members at Frederick University’s School of Business and Law, will present their research on “Identifying greenwashing in corporate social responsibility reports using natural language processing”.

To register for the event, please follow this link.