By identifying key material factors for accomplishing sustainability, policies, practices and performance requirements can be developed to drive success. Once these factors have been identified, targets can be determined, and a framework established to monitor progress. The final step in sustainability reporting is issuing a report for both internal and external stakeholders.
Investors are increasingly incorporating material Environmental, Social and Governance (ESG) risks and opportunities into their investment decisions. Therefore, improving ESG reporting may assist a company in attracting additional investor interest.
ABS offers a simple three-step process for sustainability reporting where we work with you in identifying the materials being assessed, developing the data templates and framework for tracking, all culminating in the final sustainability report. We can align your sustainability reporting with any of the globally recognized frameworks, including CDP, GRI, IIRC, SASB, TCFD, and CDSB.
The number of businesses that are producing information on their environmental, social, and governance (ESG) performance is on the rise. Organizations are leveraging sustainability reporting to disclose to investors, consumers, as well as other industry stakeholders the progress of their ESG strategies.
Organizations may choose to have their sustainability report assured by a third-party to further validate the data being reported, strengthening reporting credibility both internally and externally.
Assuring your ESG report, begins by identifying the scope of assurance and performing a risk assessment to identify potential material misstatements. We then verify the accuracy of your sustainability data and review the disclosures of the previously developed sustainability report. Lastly, we will summarize our key findings, including any areas for improvement, in a detailed report and presentation to management.