Navigating the New Age of Data Transparency: From Financials to ESG

Peter Cheese
Wednesday, April 24, 2024, 1:45 PM - 2:05 PM

In this highly-anticipated session, Peter Cheese, Chief Executive of the CIPD, explores the evolving landscape of corporate responsibility and transparency, highlighting why organisations are moving beyond mere financial disclosures towards a more holistic portrayal of their operations.

The presentation will connect the dots between multi-stakeholder perspectives, the essence of ESG (Environmental, Social, Governance), and the shift towards responsible business practices, with a special focus on the 'S' in ESG. With an eye on the future, Peter will dissect the potential impact of AI and regulatory changes on the people profession and organisational understanding.

The drive for corporate transparency is irrefutably transforming the expectations placed upon today's organisations. Amidst evolving stakeholder demands and the imminent promise of regulatory reform, the session unveils how businesses are compelled to redefine their narratives, aligning with the principles of ESG and responsible business.
Peter will scrutinise the implications of recent updates to the Corporate Governance Code by the Financial Reporting Council (FRC) and ponder the directional shifts a Labour government could introduce.

This session will explore:

  • The Shift in Corporate Transparency: Exploring the reasons behind the growing demand for organisations to unveil more than their financial health.
  • Multi-Stakeholder Perspectives and ESG: Understanding how diverse stakeholder views are shaping business models and the integration of ESG into corporate ethos.
  • Regulatory Landscape and Reporting: Delving into the implications of recent and potential future regulatory changes on corporate reporting.
  • The Role of Data and Analytics: Emphasising the criticality of data and analytics in advancing the people profession and enriching organisational comprehension.
  • Defining the 'S' in ESG: Investigating the Social component of ESG, key metrics for visibility and reporting, including insights from the CIPD.
  • AI's Impact and Ethical Considerations: Assessing how AI could revolutionise or complicate the landscape for organisations striving for transparency and responsibility.

Learning outcomes:

  • Understand the nuances driving the shift towards comprehensive corporate disclosures.
  • Recognise the influence of multi-stakeholder views in shaping business practices and reporting standards.
  • Understand the significance of the recent updates to the Corporate Governance Code and anticipate the impact of potential regulatory reforms.
  • Appreciate the indispensable role of data and analytics in the people profession for deeper organisational insights.
  • Identify key metrics for the 'S' component of ESG and the role of AI in navigating the future of corporate responsibility.