Navigating Supplier Sustainability Information Requests - Greater Washington Society of CPAs

Overview

Effective sustainability reporting

Requests for supply chain reporting of detailed sustainability data have increased substantially in recent years. The surge has been driven by the need for companies to assess the environmental impact and sustainability practices of their supply chain operations and the products they deliver. Increased regulations and voluntary reporting requests from the largest retailers and manufacturers necessitate cooperation from suppliers in providing accurate data.

This webcast will address challenges organizations face with managing multiple fragmented data requests and the difficulties in responding to complex and evolving requirements.

We will explore best practices for supporting clients in collecting accurate, comprehensive data.

This webcast includes:
-An overview of requests from platforms like CDP, EcoVadis, and other proprietary systems

High-level strategies for effective sustainability reporting and tools

Resources to streamline the reporting process and enhance an organization's sustainability profile to meet customer reporting requirements

Highlights

Managing fragmented sustainability data requests

Challenges in responding to complex and evolving compliance requirements

Introduction of sustainability ratings and reporting platforms

Strategies and best practices for streamlining sustainability reporting and enhancing customer profiles

Prerequisites

None

Designed For

CPAs (PA) serving mid-market clients who receive requests from suppliers/customers on sustainability questions

MA finance professionals working in organizations that receive requests for sustainability questions from suppliers/customers

Any accounting or finance professional who wants to understand more about fulfilling the demands for sustainability data requests through the supply chain.

Accounting professionals who provide advisory services (including ESG matters) for clients and need to advise B&I clients on methods of managing and reporting on sustainability matters.

Accounting and finance professionals who recognize it is crucial to understand how to implement processes that help produce sustainability data or provide advisory services over sustainability strategies because they have to drive sustainable strategic and operational decisions based on data produced.

Objectives

Identify various types of sustainability data requests and their importance.
Recall the reporting frameworks and tools to meet diverse customer and regulatory needs.
Recognize processes for accurate and comprehensive data collection.
Recall mechanisms to leverage compliance efforts to strengthen client relationships and build a positive brand reputation.