Sustainability Standards Board of Japan
Accounting Standards Board of Japan
Financial Accounting Standards Foundation

International Symposium WEBINAR ON “CURRENT STATUS AND PROSPECTS FOR THE EUROPEAN SUSTAINABILITY REPORTING STANDARDS (ESRS)”

     

The EFRAG
The Japanese Institute of Certified Public Accountants
Sustainability Standards Board of Japan/
Financial Accounting Standards Foundation

The EFRAG, the Japanese Institute of Certified Public Accountants (JICPA) and Sustainability Standards Board of Japan (SSBJ)/the Financial Accounting Standards Foundation (FASF) which is the mother organisation of the SSBJ are organising a webinar entitled “Current status and prospects for the European Sustainability Reporting Standards (ESRS)” to explain the current status and prospects of ESRS to those responsible for sustainability reporting.

Seminar Outline ※This seminar has been closed.
 DATE: Friday 1st March 2024,
8:00-11:00 (CET)/ 16:00-19:00 (JST)
 LOCATION: WebinarZoom
English/Japanese (Simultaneous Interpretation Provided)
Archive streaming will be available later.
 CONTENTS: CURRENT STATUS AND PROSPECTS FOR THE EUROPEAN SUSTAINABILITY REPORTING STANDARDS (ESRS)
Please refer to the program below.
 SPEAKERS: Representatives of EFRAG, JICPA and SSBJ
 CAPACITY: 3,000 people
DUE DATE FOR REGISTRATION :
Wednesday 28th February 2024, 9:00 (CET)/ 17:00 (JST)
Registration will be closed as soon as we reach the capacity.
 FEE: Free to attend
 CPD CREDIT: Japanese certified public accountants will be able to obtain CPD credits from JICPA.
Credit:2.5 credits, training code 2301disclosure of sustainability information
The JICPA will check seminar attendance records (Zoom logs), and CPD credits will be awarded to those who complete the Forms questionnaire sent to seminar applicants at the end of the seminar. Details on how credits will be awarded will also be emailed in advance.

If you also have any questions for EFRAG representatives about the ESRS, please fill out the following information and email them to the seminar secretariat.
Please note that we may not be able to answer all questions due to time constraints.

・ Requirements: 1. Company name, 2. Your name and 3. Questions

※Due date for Questions : Thursday 15th February 2024, 9:00 (CET)/ 17:00 (JST)

CET JST Item Presenter Archive streaming(YouTube)
※Only original audio is provided.
08:00-08:10 16:00-16:10 Opening remarks Tetsuya Mogi, Chairman and President, JICPA (Japanese)
08:10-08:25 16:10-16:25 Japanese companies and ESRS Yasunobu Kawanishi, Chair, SSBJ (Japanese)
08:25-09:10 16:25-17:10 About ESRS Patrick de Cambourg, Chair, EFRAG SRB (English)
09:10-09:55 17:10-17:55 A closer look at the ESRS workplan Chiara Del Prete, Chair, EFRAG SR TEG (English)
09:55-10:05 17:55-18:05 Break
10:05-10:50 18:05-18:50 Interview with EFRAG representatives Patrick de Cambourg, Chair, EFRAG SRB
Stefan Schnell, EFRAG SRB Member
Kristian Koktvedgaard, EFRAG SRB member
(interviewer)
Yasunobu Kawanishi, Chair, SSBJ
(English)
10:50-11:00 18:50-19:00 Closing remarks Yasunobu Kawanishi, Chair, SSBJ
Tomoko Tsuruno (Research Fellow, JICPA) will moderate the seminar.

※Please note that the program may change without notice.
※You can enter the Zoom webinar after 7:30 (CET)/ 15:40 (JST) pm on the day.

【Presentation material】”Japanese companies and ESRS” Yasunobu Kawanishi
Please note that no materials will be distributed for presentations by EFRAG representatives.

SPEAKERS

Patrick de Cambourg, Chair, EFRAG SRB

Patrick was a member of the EFRAG Financial Reporting Board and chaired the EFRAG Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards from September 2020 until April 2022.
Between 2015 and November 2022, he was President of the Autorité des normes comptables (ANC), the French accounting standard-setting Public Authority. As such, he was also a member of the Boards of Autorité des marchés financiers (AMF), Autorité de contrôle prudentiel et de Résolution (ACPR), CNOCP and a member of the Haut Conseil de Stabilité Financière.
Patrick was a member of the EFRAG Financial Reporting Board and chaired the EFRAG Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards from September 2020 until April 2022.

Chiara Del Prete, Chair, EFRAG SR TEG

On 1 February 2023 Chiara Del Prete has been appointed EFRAG Sustainability Reporting TEG (EFRAG SR TEG) Chair. She was already serving this role since May 2022 as Acting Chair. Her role is to lead and manage all EFRAG’s sustainability reporting technical activities.
Chiara has also been appointed as chair of the International Forum of Accounting Standard Setters in January 2022 for an initial term of two years.
Chiara joined the EFRAG management team as EFRAG FR TEG Chairwoman in April 2019, position that she covered until the end of January 2023.

Stefan Schnell, EFRAG SRB Member

BASF, Senior Vice President, Group Reporting & Performance Management
He joined BASF in 1999 as Internal Auditor. Following different positions in Finance and in Controlling in Operating Divisions and Corporate Units in Germany, in the US and in Hong Kong, Stefan took over the responsibility for BASF’s Corporate Controlling in 2015, which got combined with BASF’s Group Accounting & Reporting in 2019 to now form BASF’s Group Reporting & Performance Management. The tasks of BASF’s Group Reporting & Performance Management comprise all external and internal Group reporting as well as Corporate Controlling and the lead of BASF’s Sustainable Finance activities.

Kristian Koktvedgaard, EFRAG SRB member

Mr. Koktvedgaard is head of VAT, auditing, accounting and reporting with the Confederation of Danish Industries and is nominated by BusinessEurope.  
Kristian Koktvedgaard is member of the BusinessEurope Accounting Sounding Board, the Danish Accounting Council as well as the organising Committee behind the Danish Annual Financial Statements Awards, an award that aims to showcase and improve best-practices in corporate reporting. Non-financial reporting has been an integrated part of financial statements in Denmark since the inclusion in the Danish Financial Statements Act in 2009. A key focus with the Awards is to ensure and improve the value and relevance of the non-financial reporting alongside the financial reporting.

Yasunobu Kawanishi, Chair, the Sustainability Standards Board of Japan (SSBJ) and the Accounting Standards Board of Japan (ASBJ)

Yasunobu kawanishi is the Chair of the Accounting Standards Board of Japan (ASBJ) since 2022 after serving as its Vice-Chair from 2019 to 2022. He has also been Chair of the International Forum of Accounting Standard Setters (IFASS) from 2019 to 2022. Since July 2022, he is also the inaugural Chair of the Sustainability Standards Board of Japan (SSBJ). Prior to becoming the Vice Chair of the ASBJ, he has worked as staff of the U.S. Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) as well as the ASBJ.
He started his career as an auditor at a firm that is currently part of KPMG AZSA LLC in Tokyo.

 

About EFRAG (https://www.efrag.org/ )

EFRAG’s mission is to serve the European public interest in both financial reporting and sustainability reporting by developing and promoting European views in the field of corporate reporting and by developing draft EU Sustainability Reporting Standards.
In its financial reporting activities, EFRAG ensures that European views are properly considered in the IASB’s standard-setting process and related international debates. EFRAG ultimately provides advice to the European Commission on whether newly issued or revised IFRS Standards meet the criteria of the IAS Regulation for endorsement for use in the EU, including whether endorsement would be conducive to the European public good.
In its sustainability reporting activities, EFRAG provides technical advice to the European Commission in the form of draft EU Sustainability Reporting Standards that are accompanied by basis for conclusions and cost-benefit analyses including impact analyses. Throughout the standard-setting process, EFRAG seeks input from all stakeholders, and obtains evidence about specific European circumstances. Its legitimacy is built on transparency, governance, due process (which may include field tests, impact analyses and outreaches), public accountability and thought leadership. This enables EFRAG to speak convincingly, clearly and consistently, and be recognised as the European voice in corporate reporting. EFRAG is operating in a fast-evolving environment. It is attentive to the need to adapt its activities to meet new opportunities and challenges in corporate reporting.

 About The Japanese Institute of Certified Public Accountants (JICPA)

The Japanese Institute of Certified Public Accountants (JICPA) started as a voluntary organization in 1949 and later became a corporation under the Certified Public Accountants Act in 1966. The JICPA has always been committed to remaining transparent and independent as a self-regulatory organization for the accountancy profession. In serving the public interest and strengthening the accountancy profession, the JICPA has also been committed to maintaining the quality of services provided by members and upholding professional ethics, values, and standards. Registration with the JICPA is mandatory for all professionals wishing to work as CPAs in Japan and, as of December 31, 2023 over 35,000 CPAs are registered. For more information about the JICPA, visit its website at 
https://jicpa.or.jp/english/

 About the Sustainability Standards Board of Japan (SSBJ)

The Sustainability Standards Board of Japan (SSBJ) was established in July 2022 under the FASF and is a private-sector organization.  The legal framework for sustainability disclosure standards is to be determined by the FSA, and the SSBJ will develop domestic standards in line with such framework, once it is established.  The SSBJ is a member of the Jurisdictional Working Group of the International Sustainability Standards Board (ISSB) and has been appointed as one of the inaugural members of the Sustainability Standards Advisory Forum (SSAF).  For more information about the SSBJ, visit its website at https://www.ssb-j.jp/en/

 

Contact
Sustainability Standards Board of Japa/Financial Accounting Standards Foundation, the seminar secretariat