This programme is one of the Eligible Programmes under the Pilot Green and Sustainable Finance Capacity Building Support Scheme, (https://greentalent.org.hk/).ESG Workshop on Decarbonization Strategy (WSHP24101501) In today’s ever-changing world, the need for corporations to consider decarbonization strategies has never been more crucial. As the world continues to grapple with the effects of climate change, businesses are increasingly being called upon to take action and reduce their carbon footprint. Despite some progress being made, recent estimates suggest the world collectively is not on track to meet the Paris targets – reaching carbon-neutrality by 2050, and more must be done. It is time for more companies to set their net-zero emissions targets and implement decarbonization strategies to reduce their carbon footprint and mitigate the risks associated with climate change. However, it is not a simple task to develop a strategy that effectively guides a company's journey towards mitigating greenhouse gas emissions. In addition to assessing emissions profiles, identifying potential decarbonization opportunities, setting meaningful targets and accurately disclosing progress are essential steps to formulating the optimal decarbonization strategy for the company. This workshop has been created to provide members of HKICPA with in-depth understanding of developing decarbonization strategies. In this workshop, the speakers will cover: - ESG reporting
- An introduction on decarbonization
- Determining decarbonization ambition, including target setting
- Identifying decarbonization opportunities
- Monitoring and reporting of decarbonization efforts
- Practical insights and case studies
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