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L6M11 Environmental, Social and Governance (ESG) Principles

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In this practical 1-day course (or 4 x 2-hour sessions), you will evaluate the concept of ESG (environmental, social and governance) principles, their global importance, their application within procurement and supply, and the role organisational culture plays in maintaining effective ESG principles throughout the supply chain. Choose the short course on its own, or add the optional CIPS L6M11 exam to earn 6 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply.

Description

Does sustainability actually change which supplier wins your tenders?

In this practical 1-day course (or 4 x 2-hour sessions), you will evaluate the concept of ESG (environmental, social and governance) principles, their global importance, their application within procurement and supply, and the role organisational culture plays in maintaining effective ESG principles throughout the supply chain.

As a procurement and supply leader, you have a significant role in influencing and implementing strategic approaches to ESG (environmental, social and governance) principles. You will gain a clear knowledge of the tools and techniques available to ensure strong ESG principles are embedded throughout your organisation and your procurement and supply chain.

Delivered by AcademyGlobal faculty who are experienced procurement practitioners and hold MCIPS or FCIPS qualifications, the course combines practical activities, group discussion and locally relevant examples drawn from the Australian and New Zealand procurement environment.

AcademyGlobal is Australia and New Zealand's first and only CIPS Centre of Excellence, recognising the quality of our CIPS teaching, learner support and study centre delivery.

Choose your learning pathway

Two pathways, depending on your goals.

Option 1: Short course

Build practical skills you can apply immediately in the workplace. Complete the course and receive an AcademyGlobal Certificate of Course Completion recognising your professional development. There is no requirement to become a CIPS member or sit an examination.

Option 2: Short course + CIPS exam

Build your skills and progress towards the CIPS Level 6 Professional Diploma in Procurement and Supply. Complete the course and register for the official CIPS L6M11 exam. Pass the exam to earn 6 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply.

Eligibility: you need the CIPS Level 4 Diploma and Level 5 Advanced Diploma first.

What the course covers

• ESG principles and their role within procurement and supply

• Building an ESG culture: frameworks, governance structures, ESG committees and training

• Equality, diversity and inclusion (ED&I) strategies and metrics

• Stakeholder engagement, double materiality and ESG reputation management

• ESG reporting frameworks, including the UN SDGs, GRI and SASB, and ESG KPIs

• ESG sourcing strategies for supplier selection and post-contract management

• ESG risks and mitigation strategies in procurement and supply chains

• Collaboration and partnerships with suppliers, NGOs and industry groups

• Measuring carbon and Scope 3 emissions and sustainable specifications

• Social value policy, target setting and measurement

What you will be able to do

By the end of the day, you will be able to:

• Evaluate organisational ESG principles and their role within procurement and supply

• Assess the concept of organisational ESG culture and analyse methods to promote equality, diversity and inclusion

• Evaluate approaches to stakeholder engagement and ESG reputation management

• Assess ESG metrics and methods for reporting

• Evaluate ESG focused sourcing strategies and assess ESG risks and mitigation strategies

• Assess the integration of ESG principles and objectives in procurement and supply

• Analyse methods for achieving effective ESG collaboration and partnerships

• Assess options for leading sustainable environmental improvement and approaches to achieving social value

Course format

• Duration: 1 day or 4 x 2-hour sessions

• Delivery: in person or virtual, with practical activities and group discussion

• CIPS module: L6M11 Environmental, Social and Governance (ESG) Principles (https://www.cips.org/qualifications/professional-diploma-in-procurement-supply/environmental-social-and-governance-esg-principles)

Fees

• Standalone short course: $475 incl. GST per participant

• CIPS pathway: $695 incl. GST (includes one year CIPS student membership)

• The CIPS exam fee is set by CIPS and paid separately (https://www.cips.org/membership/exam-member-fees)

Assessment

Option 1: Short course. This option is for participants who wish to complete the training without undertaking a CIPS exam or other formal assessment. On completion of the course, you will receive an AcademyGlobal Certificate of Course Completion, confirming your participation in and completion of the training. This option does not include assessment, a CIPS examination or credits towards a CIPS qualification.

Option 2: Short course and CIPS exam. After completing the course, you can sit the CIPS L6M11 Objective Response (OR) exam during one of CIPS’ scheduled exam periods throughout the year (see the CIPS exam schedule: https://www.cips.org/students/exam-success/exam-schedules). A pass gives you 6 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply. To sit the exam, you must first have achieved the CIPS Level 4 Diploma and the CIPS Level 5 Advanced Diploma in Procurement and Supply, which are the CIPS entry requirements for Level 6. This applies only if you choose to sit the exam. You do not need them to attend this course.

The exam is a computer-based Objective Response examination. Rather than writing extended or essay-style answers, you are presented with questions and select the correct response from a range of possible answers. The pass mark for Objective Response examinations is 70%.

Objective Response exams are held during designated CIPS examination periods. CIPS currently schedules exam periods five times each year, in March, May, July, September and November.

All CIPS examinations are computer based, and you can sit the exam through remote invigilation. This means you can undertake the examination from a suitable location such as your home or office, provided you meet CIPS’ technical and examination-environment requirements.

For a remotely invigilated exam, you will need an appropriate desktop or laptop computer, stable internet connection, webcam and suitable private examination environment. The examination itself is completed through CIPS’ computer-based TestReach platform while an approved remote invigilator supervises the examination. CIPS provides candidates with instructions and technical requirements ahead of the exam.

The exam fee is set by CIPS and paid separately (see the CIPS exam fees: https://www.cips.org/membership/exam-member-fees), and AcademyGlobal will take care of your exam registration and support you with the associated administration.

You must hold current CIPS membership to sit the examination. If you are not already a CIPS member, the CIPS exam pathway fee includes one year of CIPS student membership.

Exam format (objective response): you select a response from a list of possible answers. The exam is 1.5 hours long.