IAFOR, The Value Research Center (VRC) at Doshisha University, ESG-IREC at Osaka School of International Public Policy (OSIPP) partner to define Value Measurement for ESG and Sustainability ReportingIn 2023, the European Union’s European Financial Reporting Advisory Group (EFRAG), the International Financial Reporting Standard’s (IFRS’s) International Sustainability Standards Board (ISSB) and the United States Securities and Exchange Commission (SEC) each published new guidance for how companies within their jurisdictions account for and report upon their Environmental, Social and Governance (ESG) Impacts. While Japan stands as the world’s 4th largest economy, many Japanese companies continue to lag in their ESG efforts, as Japan itself has not yet committed to requiring companies to report their impacts beyond the environmentally focused Task Force for Climate Disclosure (TCFD).
This year’s Global Innovation and Value Summit (GIVS) 2023 will first introduce the latest advances in value measurement, sustainability disclosure reporting and ESG from the perspective of EFRAG, ISSB and the US SEC Climate Disclosures, and their impacts on how businesses and governments can effectively operate within these increasingly important, but complex, sustainability standards and frameworks.
GIVS 2023 will then place these international advancements into the context of Japan’s historical embrace of a more socially conscious approach to business as well as the Japanese government's recent efforts related to its New Capitalism Task Force. Finally, GIVS 2023 will offer ideas and insights on how businesses, not only within Japan and Asia but globally, can integrate, enhance and implement value-focused sustainability initiatives.
This event is designed to more deeply explore how all of these ideas can help guide the next evolutionary step beyond the SDGs that were raised by The Value Research Center and ESG-IREC at the United Nations General Assembly Science Summit (SSUNGA78) in September 2023.
It will bring together some of the world’s top experts in value measurement and scoring, sustainability and ESG issues to discuss, debate and brainstorm new approaches to value creation, responsible business and sustainability initiatives and offer ideas and models for their implementation in 2024 and beyond.
Agenda: IAFOR GIVS 2023
Date: Friday 17 November, 2023, 10:00-17:30
Venue: Saji Memorial Hall, Osaka University Nakanoshima Center, Osaka, Japan
10:00-10:45: Opening Remarks
- Jun Arima, President, The International Academic Forum; Professor, Graduate School of Public Policy, University of Tokyo
- Toshiya Hoshino, Founding Director, ESG-Integration Research and Education Center, Osaka School of International Public Policy; Former President, The International Academic Forum
- Victoria Hurth (Video), Fellow, Cambridge Institute for Sustainable Leadership
Session 1
10:45-12:00: EFRAG and ISSB Standards and Measurements: Different Strokes?
Charles (Mario) Abela, Strategic Advisor, Value Balancing Alliance; Director, Redefining Value, World Business Council for Sustainable Development
Discussants:
- Jun Arima, President, International Academic Forum; Professor, Graduate School of Public Policy, University of Tokyo
- Chizu Nakajima, Chair, The British Japanese Law Association, London; former Director, Centre for Financial Regulation, City, University of London; Guest Professor, ESG-IREC
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