Sustainability Reporting Manager, Asia Pacific

Job description

Job Mission:

On 21st of April 2021, the EU commission announced the adoption of the Corporate Sustainability Reporting Directive (CSRD) in line with the commitment made under the European Green Deal. The CSRD will amend the existing Non-Financial Reporting Directive (NFRD) and will substantially increase reporting requirements on the companies falling within its scope in its efforts to expand the sustainability information for users.

The preparation of an ESG report that meets the requirements of the CSRD comes with its own challenges and opportunities:

Double materiality - The double materiality assessment is a key element in CSRD reporting and determines to a large extend the reporting scope. The execution of the assessment is more complex than many companies are used to (e.g. via GRI based materiality assessments) as it requires companies to identify both their impacts on people and environment (impact materiality) as well as the sustainability matters that financially impact the undertaking (financial materiality).

Targets - In addition to disclosing information on policies and initiatives, the CSRD requires organizations to set targets, select a baseline and report progress towards these targets.

Vastness of information - Information to be disclosed should contain forward-looking and retrospective information, while extending the scope with reference to the whole value chain.

Link with the European Taxonomy - The ESRS includes the requirement to report in line with information the EU Taxonomy.

Mandatory assurance - Limited assurance is mandatory from the onset, possibly moving to reasonable assurance requirements over time.

Reporting in the management report - Mandatory disclosure of sustainability information in the Management Report may require effort in terms of reshaping the existing report structure to accommodate new and different types of information.

Alignment with TCFD requirements - Companies shall disclose information in line with the TCFD, the transition to a sustainable economy, with limiting global warming to 1.5°C and with climate neutrality by 2050.

It is vital to embed sustainability (technical reporting) knowledge into Chanel to enable the implementation of all CSRD requirements starting from 2026.
Key Responsibilities:

Reporting to the Senior Business Finance Manager, ESG Performance, the incumbent is expected to be at the core of Chanel ESG House ambitions by supporting the implementation of a robust sustainability reporting compliant with the new ESG regulatory requirements including the Corporate Sustainability Reporting Directive (CSRD), International Sustainability Standard Board (ISSB) standards and the UK Transition Plan.

The incumbent is required to support Chanel Asia Pacific in monitoring and enhancing its ESG performance.

1. Participate to the implementation of ESG data governance a. Support the design and implementation of a progressive roadmap to implement a full target sustainability reporting including strengthened processes and controls including ESG performance reviews and audit readiness b. Contribute to establishing a robust governance to mobilize the expertise on ESG data best practices, including its definition and diffusion across divisions c. Contribute to the ESG data quality framework and governance, with the aim to run data quality controls d. Implement and follow up actions to correct data issues and steer data quality e. Organize regular feedback loop feeds with division data providers f. Set KPI’s to follow up the issues resolution on a recurrent basis g. Develop relevant implementation plans in line with the required and selected ESG reporting standards and in close cooperation with key stakeholders

2. Connector between Global / Regional / Local a. In close relation with the Sustainability team, ensure regular ESG data monitoring to steer Chanel’s overall strategy, monitor Chanel’s performance,
ensure efficiency of ESG action plans. Through ESG data monitoring, support in setting-up the right actions to mitigate impacts, risks, and pursue opportunities, in line with Chanel’s strategy. b. Increase know-how of ESG. Conduct awareness and education sessions internally regarding ESG data.

3. ESG planning & control a. Assist in the development and maintenance of auditable ESG data collection and control framework, in close cooperation with the source departments such as HR, Sustainability, Legal & Compliance and Group Sustainability Performance team. b. Assist in the development of new meaningful ESG metrics and targets, preparing internal communication and reporting instructions, supporting auditable ESG data collection, reporting and consolidation including data quality controls, data analysis and consolidation; write-up of accompanying explanations.

Role Specifications:

Academic / Professional Qualifications
• University degree in Business Specializing in Sustainability or Corporate Finance

Work Experience
• Significant experience in working in Sustainability is preferred.
• Minimum 3 years of experience in reporting, extensive knowledge in external reporting and compliance, and a passion for ESG reporting.
Required Competencies
• Strong interpersonal effectiveness, positivity, and passion for result/achievement.
• Effective in identifying optimization options and balancing trade-offs.
• Strong hands-on management and execution excellence
• Demonstrated project management skills.
• Excellent analytical and creative problem-solving skills.
• Ability to see both the big picture and the details.
• Knowledge of and ability to design, apply, and evaluate new processes, and risks in business environments to improve risk management.
• Highly self-motivated and directed.
• Strong customer service orientation.
• Knowledge of ESG Reporting Standards (i.e. GRI, ISSB, Value Reporting Foundation, TCFD, etc.) and collection of data.

Key Interactions / Stakeholders:

Internal
• APAC Divisional Teams / Corporate Teams: Indirect Procurement,
• Global Sustainability and Finance Teams,
• Other Regions ESG teams

External
• Consulting team