Export-oriented production companies introduce this practice as a response to the increasingly rigorous requirements of customers in the EU. Primarily, it refers to the E segment, i.e. waste reduction, type the materials they use, energy use and reduction of the CO2 footprint. An important segment is also security and protection at work and gender inclusion and equality within companies. In short, everything we are talking about today that makes a desirable employer and a successful entrepreneur comes to us as regulations that will be impossible to avoid. To begin with, it is important to decipher a few keywords.

E – Environment - How does the company manage its environmental impact and whether and how it motivates its employees stakeholders on the same.

S - Social - The social impact of the company, its attitude towards employees, working conditions, and safety at the workplace and the local community.

G - Governance - management segment related to the reporting process, organization and structure Administration, opportunities for independent decision-making, equality and equality in the highest structures management.

Companies that adopt ESG standards early will be in a better position to thrive and avoid scenarios in which will quickly introduce an ESG framework when new ESG regulations come into force or when investors start regularly request their ESG plans and reports.

Domestic banks, which are members of international banking groups, are pressured by their own owners, that they must work on increasing the credit portfolio of companies that have integrated the ESG concept in your business. The European Central Bank requires banks to report on their carbon footprint of its clients as well as other aspects of sustainable business.

In practice, this means that domestic companies will be pressured by their EU customers and banks start doing business differently (to do business sustainably) and learn to report on it, because otherwise, they will lose market and access to capital.

Exporters will get better deals with their customers if they adopt ESG and are ultimately prepared to report about it by creating a report on sustainability (sustainable reporting). Financial institutions will do better products for ESG-focused companies. Therefore, the cost of capital will be lower for such companies.

• Improved transparency and trust: By disclosing detailed information about their ESG performance, companies demonstrate transparency, which helps build stakeholder trust.
• Reduced costs: A strong ESG program can reduce costs. Examples include lower costs in operations eg. energy, water, materials and waste, in human resources, e.g. higher productivity and easier attraction of talent, avoiding fines for non-compliance, easier access to capital, etc.
• Stronger competitive advantage: Investors are more likely to invest in companies that publish their ESG performance. Partners and consumers are increasingly looking for responsible companies to do business with. And employees want to work and stay at companies that are committed to building a positive impact on people and the planet.
• Better risk management: preparing an ESG program will help companies recognize and manage potential risks and opportunities.

Lecturers from ADVANTIS BROKER on the webinar talk about the advantages of the ESG concept in companies. The webinar is organized by a marketing agency in cooperation with ADVANTIS BROKER AD

Support marketing center Banja Luka

The goal of the training:
This training aims to provide participants with an understanding of relevant environmental, social and corporate governance (ESG) issues that affect companies' operations.

After the training, participants will be able to:

• Explain what ESG is, what is required of companies when it comes to ESG and what is its importance for making financial and other decisions in the company;
• Describe key issues and factors related to environmental protection, society and corporate governance;
• Describe what ESMS (Environmental and Social Management system) should look like in companies;
• Analyze ESG risks and opportunities for companies;
• Describe how to incorporate ESG into the company's strategy;
• Describe what a company's ESG report should look like;
• Assess a company's ESG performance using publicly available information.

Registration fee

199,00 BAM + VAT per participant
Please make the payment to the following account:
(Addiko bank) 5520301524752554
recipient: Support Marketing Centar d.o.o.Banja Luka

Confirmation of the payment of the registration fee must be sent to the e-mail prijava@esgedu.info after which you will receive a link to follow the webinar.

Training duration:
The training will last a maximum of three hours.

Materials for training participants:
After the training, the participants will receive email materials related to the areas of ESG covered in the training.

Certificate:
The participants of the training will, after the training, be presented with a certificate of completed training.

The webinar is organized in cooperation with ADVANTIS BROKER AD by the marketing agency Support Marketing Center Banja Luka.

Applications are possible until October 5, 2023.