The ESG
Impacts and the Sustainable Development Goals (SDG’s) toolkit presents a
case study on the environmental, social and governance (ESG) challenges faced
by an international beverage company introducing a new product into the global
market. Organized as two group activities, students are introduced to the
structure and guidelines of the Sustainable Development Goals and are given the
opportunity to apply these guidelines to the external impacts (externalities)
caused by the company’s business practices.
The ESG
Impacts and the Sustainable Development Goals (SDG’s) activities are
accompanied by a PowerPoint presentation that provides a simple and engaging
way to embed ESG (sustainability) into the academic experience. The
presentation includes an examination of corporate consequences to the environmental
and social elements of sustainability as well as governance challenges and
ethical dimensions of business decisions.
This
toolkit employs group interaction that leads to students engaging in
self-reflection about ethical decision-making in terms of the effects of
corporate decisions on our environment, our communities and our economic
systems.
Target Audience:
Since
the SDG’s focus in on global goals instead of accounting metrics or theory, the
material is agnostic to all majors/disciplines. The concepts are easily
digestible for all students at all levels of education, from freshman year to
the final semester in a master’s program. Using the framework developed by the
United Nations (UN), the SDG’s can offer students an informed understanding of
the challenges facing corporations and society globally. Furthermore, the
introduction of the sustainability related material may generate a greater
interest in the field of accounting or accounting related majors.
Learning Objectives:
The ESG Impacts and SDG’s Toolkit of the KPMG Ethical
Compass is intended to provide students with an opportunity to:
•
Introduce the United Nations Sustainable
Development Goals (SDGs) focusing on the four dimensions.
•
Understand the purpose of the Sustainable
Development Goals (SDG’s).
•
Identify the relationship between SDG’s and
corporate ESG impacts.
•
Appreciate the current trends in ESG/sustainability
reporting practices.
•
Develop critical thinking regarding nonfinancial
information challenges pertaining to risks and opportunities associated with ESG
impacts.
•
Recognize corporate, social and environmental
responsibilities and a corporation’s impact on society.
•
Understand The United Nations Global Compact
(UNGC) principles as they relate to the SDG’s operationally for human rights,
labor standards, environmental actions, and anti-corruption.
The Ethical Compass – A Toolkit for Integrity in Business
This multi-part toolkit of classroom learning materials was developed in collaboration between KPMG’s Ethics and Compliance group and Dr. Barbara Porco of Fordham University. The Ethical Compass Toolkit provides a comprehensive review of the issues related to ethical behaviors in business as well as interactive learning materials and exercises for your students. Each of these modules can be easily integrated into an accounting, auditing, or business ethics curriculum individually, or the multi-part toolkit can serve as the foundation for a complete ethics program within an accounting, auditing or other business curriculum.