Assurance ready ESG

As sustainable development and climate action continue to gain momentum globally, organizations feel increasing pressure to report their sustainability performance and provide transparency to stakeholders. Sustainability reporting frameworks continue to evolve, and we see global organizations adopting these for measuring, monitoring, and disclosing performance in environmental, social, and governance (ESG) areas.

Today, many governments and regulators are introducing and mandating some form of ESG-related disclosures. As organizations continue to gear towards these new expectations, ensuring the authenticity and accuracy of data will be crucial, as will maintaining an adequate internal exchange and management of information. Designing an internal control framework for non-financial information becomes a business imperative to achieve these objectives. While some large organizations have started to implement internal control frameworks, most businesses have yet to embark on this journey.