Book Now: Sustainability Reporting Requirements for Businesses – Planning Ahead
The Corporate Sustainability Reporting Directive (CSRD) arises from the European Green Deal’s climate change action objectives, to further enhance the disclosure by companies on climate and environmental data.
Ireland and other member states have until mid-2024 to transpose the directive, with a view to mandatory requirements commencing for financial years on or after:
- 1 January 2024 for public interest entities in scope of EU non-financial reporting rules (greater than 500 employees)
- 1 January 2025 for other larger companies and public interest entities (greater than 250 employees)
- 1 January 2026 for listed SMEs, with an ‘opt out’ possible until 2028
Companies will have to disclose not only the risks they face from a changing climate and other ESG matters (financial materiality), but also the impacts they themselves may have on climate and society (impact materiality). Companies will also have to provide information on their value chain. To assist companies with the transition to the new requirements, for the first three years of reporting, where information on the value chain is not available, they may elect to explain their inability to obtain the information.
This session will consist of a panel of experts who discuss these requirements in detail and provide the audience with an opportunity to ask questions and seek advice on their organisations obligations. Expert speakers include:
- Aine Keogh, Head of Sustainability at Grant Thornton Ireland
- Donal Daly, CEO at Future Planet
- Caroline Kennedy, Sustainability Director at Logitech
- Brian O’ Donoghue, Director at Grant Thornton Ireland
Tech Industry Alliance Sustainability series is proudly sponsored by Grant Thornton Ireland
Grant Thornton Ireland has approximately 3,000 people, in 9 offices across Ireland, Isle of Man, Gibraltar and Bermuda. With a presence in over 130 countries around the world, Grant Thornton brings you the local knowledge, national expertise and global presence to help you and your business succeed – wherever you’re located. Grant Thornton delivers solutions to all business challenges. Clients choose Grant Thornton because the breadth of financial and business services they need is available, delivered innovatively and always to the highest standards. Grant Thornton is committed to long term relationships.
Grant Thornton Cork was set up in 2013 and is centrally located in the new Penrose Dock development, in Penrose One. Grant Thornton Cork have a workforce of over 140 people and offer a full suite of professional services to clients across multiple industry sectors.
Overview of Speakers
Áine Keogh is Director and Head of Sustainability at Grant Thornton Ireland where she is leading the firm and its people on their journey to net zero. She has dedicated her career to addressing climate action, biodiversity and the role that business plays in addressing global challenges and national policy commitments. She has helped organisations to develop sustainability strategies and measure progress in reaching their goals, and effectively engage stakeholders to ensure tangible success and avoid greenwashing. Her experience focus to date has centred on supporting organisations, senior leaders and teams in understanding and effectively leveraging the connection between sustainability and financial/non-financial risks to advance organisational strategies and make a tangible difference to local and global communities. Áine holds a BA in Environmental Science from Trinity College Dublin, Master of Science in Sustainable Development from TU Dublin and an MBA from the University of Calgary.
Donal Daly is CEO of Future Planet, a software company that helps businesses combat the impacts of climate change. Future Planet’s software helps companies to create a sustainability strategy, measure and reduce carbon emissions, and automate ESG reporting. Prior to Future Planet, Donal founded five global software companies. His companies have served more than a million users over thirty years. He has been working on the Future Planet vision since his last company was sold in 2019. Donal is an author of multiple books including three Amazon bestsellers. Donal also founded the Altify Foundation in 2005, a charitable foundation focused largely on human rights and social injustice. He is a graduate of Engineering from University College Cork, Ireland and UN Sustainable Development Goals from KU Leuven, Belgium.
Caroline is the Sustainability Director in Logitech’s global sustainability team, working on product and factory programs to reduce Logitech environmental footprint on the planet and enhance Logitech’s social handprint and positive impact on people and society. Caroline’s main responsibility at Logitech is for sustainability strategy and global programs for Climate Action, Circularity and Sustainability Reporting, as well as kick-starter innovation programs to catalyse Logitech’s use of post-consumer recycled plastic and FSC-certified packaging.
Caroline has an in-depth experience with a range of best practice standards including: RBA (EICC) Code of Conduct, Global Reporting Initiative (GRI) Sustainability Reporting, Science-Based Targets Initiative (SBTI), Greenhouse Gas Protocol, Carbon Disclosure Project (CDP), RE100, ISO 14001 and 45001
Brian O’ Donoghue
Brian O’ Donoghue is a Director in the Business Risk Services and Financial Advisory service line at Grant Thornton Cork. Business Risk Services incorporates AML, Fincrime, Internal Audit, IT Risks/Controls/SOC and Cyber services.
Brian joined Grant Thornton in 2022 and connected GT to the Tech Industry Alliance network in 2022, just in time for the expansion of the Cork office which now offers all the service lines of Grant Thorntons Advisory, Tax and Audit service lines including access to the international network of Grant Thornton offices. The GT Cork office has now reached 300 people and Grant Thornton are currently celebrating their 10th year in Cork. Brian has over 25 years of experience in Risk, Compliance, Regulation and Project management.