ESG Assurance
There is a growing demand for reliability and accuracy of published information on environmental, social and governance (ESG) factors. Reliable and consistent data should be a key pillar of any ESG programme. The ability to make informed decisions that support sustainability and responsible business depends on it.
As ESG reporting becomes standard practice, stakeholder interest in its content is growing. The market is increasingly aware that ESG factors affect financial metrics and ultimately company value. Investors, customers and regulators expect disclosures to be clear, accurate and reliable.
International sustainability reporting standards and regulators recommend and often require companies to seek independent verification of their ESG reports. BDO can provide this verification of your ESG report, its content and compliance with international reporting frameworks.
The European Corporate Sustainability Reporting Directive (CSRD) introduces an EU-wide requirement for limited assurance on sustainability information. Although the objective is to have a similar level of assurance for financial and sustainability reporting, a progressive approach is needed. The European Commission suggests starting with a ‘limited’ assurance requirement, aiming for ‘reasonable’ assurance at a later stage.
Our professional responsibility is to provide ESG data auditing in a way that serves the public interest - ensuring the credibility of ESG and sustainability disclosures and guaranteeing the quality of a company's ESG reporting. We combine in-depth knowledge of ESG issues and sustainability reporting standards with the expertise of experienced auditors. Together with you, we identify the optimal level of assurance that matches the current phase of your ESG strategy and the key priorities of your stakeholders.