The importance of assurance on the information and disclosures within the sustainability report cannot be over-emphasised. An organisation’s maturity journey to assurance over sustainability disclosures involves preparing for internal and external assurance. It involves factors such as the organisation’s controls and processes, and the availability and quality of data for sustainability reporting.
As organisations prepare for the verification of sustainability disclosures, they should consider the specific risks that lurk within the assurance exercise.
Understanding these risk areas will help organisations better prepare for assurance and improve the overall quality of sustainability reports. Some considerations for organisations during the assurance readiness process for sustainability reporting include the following.
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