SUSTAINABLE PERFORMANCE AND REPORTING
Syllabus
EN
IT
Learning Objectives
LEARNING OUTCOMES: The course aims to provide students with the fundamental rules and notions, within the business economics disciplines of master's degrees, of the main systems, tools and measures that support decision making process in terms of corporate sustainability and reporting.
KNOWLEDGE AND UNDERSTANDING: At the end of the course, the student will be able to:
- evaluate / monitor the role, effectiveness and efficiency of the Sustainability Performance Management Systems and connected tools;
- Knowledge of the CSRD foundations;
- know the main quantitative and qualitative indicators in measuring company’s sustainable performance;
- analyze the drivers that support the sustainable value creation process;
- preparing a sustainability reporting
- understand the role of strategic management tools in the sustainable decision-making process.
APPLYING KNOWLEDGE AND UNDERSTANDING: At the end of the course, the student will be able to:
- clearly analyze, implement and evaluate a structured Sustainability Performance Management System.
- provide an overall evaluation of the company’s performance;
- identify criticalities and strengths of the organization;
- knowledge of the CSRD;
- structure an efficient Sustainability Performance Management System;
- implement a structured sustainability Key Performance Indicators (KPIs) system;
- integrate the drivers of sustainable development at a strategic level;
- preparing and understanding a sustainability reporting;
- identify the most suitable tool to be applied, according to the company context, to support the decision-making process.
MAKING JUDGEMENTS: At the end of the course, the student will be able to evaluate the effectiveness, consistency, completeness of the information connected to a specific Sustainability Performance Management System, showing the ability to integrate information and provide links on the base of limited or incomplete information. Develop autonomous reflections on the evaluation of company’s performance. Having the ability to manage environmental complexity, as well as to formulate judgments aimed at supporting the decision-making process. The student will be able to identify the most suitable approaches and tools to support the sustainable value creation process and reporting.
COMMUNICATION SKILLS:
- illustrate the role and characteristics of a Sustainability Performance Management System and reporting, pointed out the relevant issues of the implementation process, supporting the statements with concrete examples;
- express themselves, in written and oral form, using a technical language appropriate to the interlocutors and the reference context;
- ability to identify, interpret and communicate relevant information;
- ability to analyze and manage problems, even complex ones;
- ability to work in a team, manage stress and conflict situations.
LEARNING SKILLS: At the end of the course, the student will be able to:
- identify and understand relevant information;
- develop analysis on Sustainability Performance Management issues and Reporting;
- keep up to date on the evolution of the discipline connected to the implementation systems of Performance Management and Sustainability Reporting;
- investigate issues relating to company’s performance and the sustainable value creation process;
- build and develop a suitable study and research method to allow the deepening of the knowledge gained.
KNOWLEDGE AND UNDERSTANDING: At the end of the course, the student will be able to:
- evaluate / monitor the role, effectiveness and efficiency of the Sustainability Performance Management Systems and connected tools;
- Knowledge of the CSRD foundations;
- know the main quantitative and qualitative indicators in measuring company’s sustainable performance;
- analyze the drivers that support the sustainable value creation process;
- preparing a sustainability reporting
- understand the role of strategic management tools in the sustainable decision-making process.
APPLYING KNOWLEDGE AND UNDERSTANDING: At the end of the course, the student will be able to:
- clearly analyze, implement and evaluate a structured Sustainability Performance Management System.
- provide an overall evaluation of the company’s performance;
- identify criticalities and strengths of the organization;
- knowledge of the CSRD;
- structure an efficient Sustainability Performance Management System;
- implement a structured sustainability Key Performance Indicators (KPIs) system;
- integrate the drivers of sustainable development at a strategic level;
- preparing and understanding a sustainability reporting;
- identify the most suitable tool to be applied, according to the company context, to support the decision-making process.
MAKING JUDGEMENTS: At the end of the course, the student will be able to evaluate the effectiveness, consistency, completeness of the information connected to a specific Sustainability Performance Management System, showing the ability to integrate information and provide links on the base of limited or incomplete information. Develop autonomous reflections on the evaluation of company’s performance. Having the ability to manage environmental complexity, as well as to formulate judgments aimed at supporting the decision-making process. The student will be able to identify the most suitable approaches and tools to support the sustainable value creation process and reporting.
COMMUNICATION SKILLS:
- illustrate the role and characteristics of a Sustainability Performance Management System and reporting, pointed out the relevant issues of the implementation process, supporting the statements with concrete examples;
- express themselves, in written and oral form, using a technical language appropriate to the interlocutors and the reference context;
- ability to identify, interpret and communicate relevant information;
- ability to analyze and manage problems, even complex ones;
- ability to work in a team, manage stress and conflict situations.
LEARNING SKILLS: At the end of the course, the student will be able to:
- identify and understand relevant information;
- develop analysis on Sustainability Performance Management issues and Reporting;
- keep up to date on the evolution of the discipline connected to the implementation systems of Performance Management and Sustainability Reporting;
- investigate issues relating to company’s performance and the sustainable value creation process;
- build and develop a suitable study and research method to allow the deepening of the knowledge gained.
Prerequisites
Basic knowledge of accounting and management control systems
Program
Section I: Concepts and Fundamentals of Sustainability Accounting
- Syllabus presentation and Course Description
- From Financial to Management Accounting
- Introduction to the Sustainability Accounting
Section II: Corporate Sustainability principles
- Sustainability and Sustainable Development
- Fundamentals of Corporate Sustainability
- From planning to reporting sustainable performance
Section III: Sustainability Reporting: the CSRD
- Sustainability reporting and the GRI
- The novelty introduced by the CSRD
- European Sustainability Reporting Standards (ESRSs)
Section IV: General disclosers and requirements
- ESRS 1 - General Requirements
- ESRS 2 - General Disclosers
- Practice
Section V: Topical standards (Environmental, Social and Governance): From GRI to ESRSs
- Environmental standards (ESRS E)
- Practice
- Social standards (ESRS S)
Section VI: Double materiality assessment process
- Practice
- Governance standards (ESRS G)
- Practice
Section VII: Sustainability Performance Management - Planning, Implementing, Monitoring and Reviewing
- Double materiality assessment process
- Inside-Out (impact materiality)
- Outside-In (financial materiality)
Section VIII: Preparing Sustainability Reporting in accordance to the CSRD
- Practice
- Sustainability Performance Management
- Preparing Sustainability Reporting in accordance to the CSRD
Section IX: Sustainable Performance and Reporting in practices
- Case study
- Case study
- Case study
- Syllabus presentation and Course Description
- From Financial to Management Accounting
- Introduction to the Sustainability Accounting
Section II: Corporate Sustainability principles
- Sustainability and Sustainable Development
- Fundamentals of Corporate Sustainability
- From planning to reporting sustainable performance
Section III: Sustainability Reporting: the CSRD
- Sustainability reporting and the GRI
- The novelty introduced by the CSRD
- European Sustainability Reporting Standards (ESRSs)
Section IV: General disclosers and requirements
- ESRS 1 - General Requirements
- ESRS 2 - General Disclosers
- Practice
Section V: Topical standards (Environmental, Social and Governance): From GRI to ESRSs
- Environmental standards (ESRS E)
- Practice
- Social standards (ESRS S)
Section VI: Double materiality assessment process
- Practice
- Governance standards (ESRS G)
- Practice
Section VII: Sustainability Performance Management - Planning, Implementing, Monitoring and Reviewing
- Double materiality assessment process
- Inside-Out (impact materiality)
- Outside-In (financial materiality)
Section VIII: Preparing Sustainability Reporting in accordance to the CSRD
- Practice
- Sustainability Performance Management
- Preparing Sustainability Reporting in accordance to the CSRD
Section IX: Sustainable Performance and Reporting in practices
- Case study
- Case study
- Case study
Books
HRISTOV, I. (2021). Sustainable performance management system: the key value drivers of the value creation process. RIREA Aziende, Roma, vol. 40 (2021), p. 1- 176, ISBN 978-88-6659-114- 6
Teaching methods
The course combines lectures, case studies, interactive class discussions.
This approach will allow to understand the theoretical foundations of the topic and its practical implementation in view of the case studies formulation.
This approach will allow to understand the theoretical foundations of the topic and its practical implementation in view of the case studies formulation.
Exam Rules
The exam is made up of two parts: a written and an oral exam which will be usually held on the same day.
I° - Written exam) The format will be the follow: Part A: multiple choice quizzes and true/false quizzes; Part B: open questions (from 1 to 3).
II° - Oral exam) Students may be asked to discuss their written answers and to focus on some specific theoretical issues.
The preparation and subsequent discussion of a sustainability reporting case formulated is mandatory.
The results of the written test will be communicated through the course website.
Further mid-term assessment may be activated, in accordance with the students. The exam is the same for attending and non-attending students and evaluates the overall preparation of the student, the ability to integrate the knowledge of the different parts of the program, the consequentiality of the reasoning, the analytical ability and the autonomy of judgment. Furthermore, language properties and clarity of presentation are evaluated, in compliance with the Dublin descriptors (1. Knowledge and understanding 2. Ability to apply knowledge and understanding; 3. Making judgments; 4. Learning skills; 5: Communication skills).
The exam will be assessed according to the following criteria:
Not suitable: important deficiencies and / or inaccuracies in the knowledge and The exame includes an oral exam.
Further mid-term assessment may be activated, in accordance with the students. The exam is the same for attending and non-attending students and evaluates the overall preparation of the student, the ability to integrate the knowledge of the different parts of the program, the consequentiality of the reasoning, the analytical ability and the autonomy of judgment. Furthermore, language properties and clarity of presentation are evaluated, in compliance with the Dublin descriptors (1. Knowledge and understanding 2. Ability to apply knowledge and understanding; 3. Making judgments; 4. Learning skills; 5: Communication skills).
The exam will be assessed according to the following criteria:
Not suitable: important deficiencies and / or inaccuracies in the knowledge and understanding of the topics; limited capacity for analysis and synthesis, frequent generalizations and limited critical and judgment skills, the arguments are presented in an inconsistent way and with inappropriate language;
18-20: just sufficient knowledge and understanding of the topics with possible generalizations and imperfections; sufficient capacity for analysis, synthesis and autonomy of judgment, the topics are frequently exposed in an inconsistent way and with inappropriate / technical language;
21-23: Routine knowledge and understanding of topics; Ability to correct analysis and synthesis with sufficiently coherent logical argument and appropriate / technical language
24-26: Fair knowledge and understanding of the topics; good analysis and synthesis skills with rigorously expressed arguments but with a language that is not always appropriate / technical.
27-29: Complete knowledge and understanding of the topics; remarkable abilities of analysis and synthesis. Good autonomy of judgment. Topics exposed rigorously and with appropriate / technical language
30-30L: Excellent level of knowledge and in-depth understanding of the topics. Excellent skills of analysis, synthesis and autonomy of judgment. Arguments expressed in an original way and with appropriate technical language.
I° - Written exam) The format will be the follow: Part A: multiple choice quizzes and true/false quizzes; Part B: open questions (from 1 to 3).
II° - Oral exam) Students may be asked to discuss their written answers and to focus on some specific theoretical issues.
The preparation and subsequent discussion of a sustainability reporting case formulated is mandatory.
The results of the written test will be communicated through the course website.
Further mid-term assessment may be activated, in accordance with the students. The exam is the same for attending and non-attending students and evaluates the overall preparation of the student, the ability to integrate the knowledge of the different parts of the program, the consequentiality of the reasoning, the analytical ability and the autonomy of judgment. Furthermore, language properties and clarity of presentation are evaluated, in compliance with the Dublin descriptors (1. Knowledge and understanding 2. Ability to apply knowledge and understanding; 3. Making judgments; 4. Learning skills; 5: Communication skills).
The exam will be assessed according to the following criteria:
Not suitable: important deficiencies and / or inaccuracies in the knowledge and The exame includes an oral exam.
Further mid-term assessment may be activated, in accordance with the students. The exam is the same for attending and non-attending students and evaluates the overall preparation of the student, the ability to integrate the knowledge of the different parts of the program, the consequentiality of the reasoning, the analytical ability and the autonomy of judgment. Furthermore, language properties and clarity of presentation are evaluated, in compliance with the Dublin descriptors (1. Knowledge and understanding 2. Ability to apply knowledge and understanding; 3. Making judgments; 4. Learning skills; 5: Communication skills).
The exam will be assessed according to the following criteria:
Not suitable: important deficiencies and / or inaccuracies in the knowledge and understanding of the topics; limited capacity for analysis and synthesis, frequent generalizations and limited critical and judgment skills, the arguments are presented in an inconsistent way and with inappropriate language;
18-20: just sufficient knowledge and understanding of the topics with possible generalizations and imperfections; sufficient capacity for analysis, synthesis and autonomy of judgment, the topics are frequently exposed in an inconsistent way and with inappropriate / technical language;
21-23: Routine knowledge and understanding of topics; Ability to correct analysis and synthesis with sufficiently coherent logical argument and appropriate / technical language
24-26: Fair knowledge and understanding of the topics; good analysis and synthesis skills with rigorously expressed arguments but with a language that is not always appropriate / technical.
27-29: Complete knowledge and understanding of the topics; remarkable abilities of analysis and synthesis. Good autonomy of judgment. Topics exposed rigorously and with appropriate / technical language
30-30L: Excellent level of knowledge and in-depth understanding of the topics. Excellent skills of analysis, synthesis and autonomy of judgment. Arguments expressed in an original way and with appropriate technical language.