The Certified Sustainability Financial Specialist (CSFS) Certification is designed to provide participants with a comprehensive understanding of sustainability-related financial disclosures. This certification is based on the International Sustainability Standards Board (ISSB) Standards, specifically IFRS1 and IFRS2, which aim to establish a global baseline for sustainability disclosure requirements. These standards are essential for improving the consistency, comparability, and reliability of sustainability information, enabling businesses and stakeholders to make informed decisions.

By pursuing this certification, candidates demonstrate their commitment to sustainability practices and their ability to apply ISSB Standards in financial reporting.

General Overview

Reference and Exam Standards

  • The Certified Sustainability Financial Specialist (CSFS) Certification is based on the standards outlined in IFRS1, IFRS2, and the upcoming IFRS, etc.
  • By registering for this certification exam, candidates agree to abide by the terms and conditions set forth herein.

Learning Objective

The participants will be equipped with the skills and knowledge to effectively practice the ISSB standards, as outlined below:

  • Understanding the key principles of climate risk management.
  • Recognizing and assessing the physical and transition risks climate change may pose to organizations and their value chain.
  • Identifying the ways and applications of scenario analysis in risk assessment.
  • Ability to enhance data-driven analysis of climate-related Risks.
  • Alignment of ISSB framework with Organizational strategies.
  • Effective Reporting and Risk Communication.
  • Application of ISSB framework in current and future projects.
  • Understanding the importance of engaging stakeholders to build support for Climate Risk management

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Institute of Certified Sustainability Practitioners (ICSP) is an organization for Sustainability Practitioners. Established to educate professionals preserving natural and social capital resources by using principle professional guidelines.

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The National Center for Corporate Reporting (NCCR), formerly known as the National Center for Sustainability Reporting (NCSR), was established in 2005 through the initiative of government bodies, corporations, and distinguished individuals who recognized early on the importance of developing sustainability competencies in Indonesia.

In 2007, the Government of Indonesia introduced regulatory requirements for certain private and public corporations to undertake sustainability initiatives and disclose their sustainability performance. This regulatory development further strengthened the relevance of NCCR’s role in advancing sustainability reporting practices in the country.

Since its establishment, NCCR has continuously aligned its programs with global sustainability developments. It is recognized as a GRI Certified Training Partner and GRI Data Partner, demonstrating its commitment to internationally accepted sustainability reporting standards.NCCR has also organized the Indonesia Sustainability Reporting Awards annually since 2005, which is now known as the Asia Sustainability Reporting Rating (ASRRAT), serving as a platform to promote transparency, accountability, and excellence in sustainability reporting.

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