Sustainability and ESG Reporting
- Advising on environmental, social, and governance (ESG) matters to help organizations integrate sustainability into their business strategy.
- Sustainability and ESG (Environmental, Social, and Governance) Reporting
standards are frameworks that guide organizations in disclosing their sustainability practices and performance. Here’s a brief note on these standards:
Requirements:
- Global Reporting Initiative (GRI): Provides a comprehensive set of standards for
sustainability reporting, covering economic, environmental, and social impacts1. - Sustainability Accounting Standards Board (SASB): Offers industry-specific
standards that help businesses identify and report financially material sustainability information2. - International Financial Reporting Standards (IFRS): Recently released IFRS S1
and S2 standards aim to create a global baseline for disclosing ESG-related financial information1. Click here…
Advantages:
- Transparency: Enhances transparency by providing stakeholders with clear insights into a company’s sustainability efforts.
- Risk Management: Helps identify and manage risks related to environmental,
social, and governance issues - Investor Attraction: Attracts investors who are looking for companies with strong sustainability practices.
- Regulatory Compliance: Assists in meeting regulatory requirements and staying
ahead of potential future regulations.
Sustainability and ESG Reporting standards are essential for organizations aiming to demonstrate their commitment to sustainable practices and for stakeholders seeking to make informed decisions based on a company’s sustainability performance. For more detailed information or specific services, consulting with us.