Disclosing Sustainability Financial Value in 10-Ks

Practitioners

• Dan Goelzer, Retired Partner, BakerMcKenzie and former Board Member of the Public Company Accounting Oversight Board
• Rich Goode, Principal, ESG Services, PwC
• Kristina Wyatt, CSO, Persefoni, former SEC Counsel
• Maia Gez, Head of Public Company Advisory Group, White & Case LLP
• Daniel Aronson, Founder & CEO, Valutus

Agenda

• Setting the Baseline: U.S. SEC Reporting Basics, including “Materiality” and Managerial v. Financial Accounting
• What Companies Are Doing Now – Informal Reporting, Results from PracticalESG Compendium
• Where Sustainability Generates Meaningful Business Value – Double v. Financial Materiality, Managerial Accounting v. Financial Accounting
• Why Companies Should Report Sustainability Value in 10-K/Q – Formalize Reporting to a Single, Credible Standard (Financial Accounting v. Non-Financial Framework), Materiality (Financial v. Operational Metrics), Control the Narrative, Meet Investor Needs, Take Conversation Away from Anti-ESG, Defend Budget and Jobs
• Barriers: Accounting Topics, Lack of Data (Attribution of Material Financial Matters To Sustainability Initiatives), Inadequate Controls on Sustainability Data/Reporting, Fear of Risk, Corporate Inertia
• Fighting No: How to Make Your Case for Reporting Sustainability Value in 10-K/Q