1163 S3SD1 The Practice of Sustainability Disclosure
Univ.Prof. Dr. Katrin Hummel
Contact details
Weekly hours
Language of instruction
09/02/22 to 09/25/22
Registration via LPIS
Notes to the course
Subject(s) Master Programs
Day Date Time Room
Tuesday 11/22/22 12:00 PM - 07:00 PM D4.0.019
Wednesday 11/23/22 10:00 AM - 05:00 PM TC.4.14
Wednesday 11/30/22 10:00 AM - 05:00 PM TC.5.28
Thursday 12/15/22 11:30 AM - 01:00 PM TC.0.02

By adopting the Paris Agreement on climate change and the UN 2030 Agenda for Sustainable Development (the Sustainable Development Goals), governments around the world have committed themselves to fostering a change towards a more sustainable economy. Firms play a major role in this transition and the disclosure of sustainability information enables the measuring, monitoring and managing of firms’ sustainability performance. This course gives an overview of the relevance, nature and practice of corporate sustainability reporting and related concepts. Based on an introduction into the relevance of sustainability for different stakeholders and a critical reflection on the role of accounting in this context, the most common voluntary sustainability reporting standards are discussed (e.g., GRI, TCFD, SASB, IIRC). Next, the current state of and on-going developments in the regulatory environment are assessed with a particular focus on the European Union. Finally, the potential problem of greenwashing is examined from different perspectives and the role and nature of assurance is investigated in this context. The course provides a hands-on approach to sustainability reporting.

Learning outcomes

After successfully completing this course, students will have the ability to:

- Critically reflect on the role of accounting and reporting for achieving sustainable development,

- describe and apply the most common voluntary sustainability reporting standards including industry-specifics,

- depict the (European) regulatory environment and describe and apply the mandatory sustainability reporting standards in Europe,

- critically reflect on the phenomenon of greenwashing,

- explain the role and concept of sustainability assurance and describe and apply assurance standards.

Attendance requirements

Prüfungsimmanente Lehrveranstaltung: 80% minimum. 

Teaching/learning method(s)

Throughout the course, classroom exercises and case studies are used to confront students with “real-life” problems. Additional insights are provided from practitioners through keynote speeches on specific topics.


Homework and Presentation (40%), in-class participation (20%), final exam (40%)

(1) Homework and Presentation (40%): Groups of students are assigned to prepare specific cases and present the results in classroom.

(2) In-class participation (20%): Throughout the course, students are asked to participate in classroom exercises and discussions.

(3) Final exam (40%): The final written exam covers the contents of the course.

Last edited: 2022-04-27