International Forms and Methods of Payment. Documentary Credits

Date: 3 December
Time: from 9:30 to 13:00
Location: Terrassa Chamber of Commerce

The growing demand for sustainability information from customers, financial institutions, public authorities and other stakeholders makes it necessary for companies to prepare rigorous reports adapted to their circumstances. In this context, EFRAG’s voluntary European VSME standard (VS in the future) provides a specific framework for SMEs to communicate their environmental, social and governance (ESG) performance. This practical workshop provides the knowledge, criteria and resources needed to begin preparing a sustainability report in accordance with the VSME standard. During the session, the contents of the standard will be covered, real examples will be shown, and the use of artificial intelligence (AI) to structure content, draft narratives, systematize data and improve process efficiency will be introduced. At the end, each participant will receive a practical guide to begin drafting their own VSME report.

Course information

Objectives

The objective of the workshop is to provide practical knowledge for preparing a sustainability report in accordance with the voluntary European standard, currently VSME (VS in the future). At the end of the session, participants will be able to: Understand the scope, structure and requirements of the VSME (basic module and comprehensive module). Identify what information, data and policies their company must collect to address each section of the standard. Structure and draft the different sections of the report with the support of a practical guide. Incorporate artificial intelligence (AI) as a support tool to accelerate drafting, systematize data and improve the quality of the report. Take away a preparation guide that will allow them, from that point onward, to begin working on the report within the company.

Target audience

This workshop is aimed at people with direct or indirect responsibility for the company’s sustainability and non-financial reporting: executives, managers and specialists in sustainability, the environment, quality, CSR or ESG, and management personnel involved in corporate reporting who must communicate sustainability information to customers, financial institutions, public authorities and other stakeholders.

Syllabus

Contextualization of VS/VSME: (who, why, when, where). European regulatory framework (CSRD, ESRS) and how the voluntary standard fits within it. Basic module and comprehensive module. Module contents (data points). Use of AI to support preparation: drafting narratives, synthesizing data, reviewing consistency and improving report quality. Good practices and limitations.

Methodology

Theoretical and practical session in workshop format. Explanations from the instructors about the VSME standard will be combined with exercises directly applying it to the circumstances of each participating company. Practical demonstrations will be given on using artificial intelligence as a support tool in preparing the report (drafting narratives, synthesizing data and reviewing consistency).

Speakers

Marianella Pereira, Head of Sustainable Business Development, Terrassa Chamber of Commerce

Glòria Monterrubio, Sustainability Project Coordinator, Terrassa Chamber of Commerce

Genís Cortada, Sustainability Specialist, Terrassa Chamber of Commerce