Sustainability reporting and assurance services
Climate change is among some of the greatest challenges of our lifetime and businesses have a vital responsibility to reduce their impact on the planet. EY teams can help guide your organization through the complexity of environmental, social and governance (ESG) reporting, also supporting it with limited and reasonable assurance.
What EY teams can do for you
The way your business embraces sustainability issues is integral to its resilience and creating long-term value for a diverse range of key stakeholders. How your business reacts and reports on these matters is also a crucial component for building confidence and trust in your company. Because of that, the role of assurance extends beyond meeting the growing transparency demands of regulated sustainability reporting. It also empowers companies to act and be accountable, measuring their overall value and confidence in their sustainability practices.
As more mandatory sustainability reporting directives and standards emerge, companies have less and less time to prepare for their implementation. They should act now to assess the impact of those standards on their overall strategy, as well as their impact on corporate reporting, internal controls, and other key business processes.
Reporting frameworks that can potentially impact your organization:
Sustainability Reporting and Assurance Solution
EY Climate Change and Sustainability Services professionals can assist you in assessing and implementing sustainability reporting frameworks to attain a variety of company goals and priorities, such as:
- Meeting investors’ demand to use reporting frameworks, such as ESRS, ISSB, Global Reporting Initiative (GRI) and Taskforce on Climate-related Financial Disclosures (TCFD)
- Adhering to compliance, including EU directives and regulations, SEC rules, and IFRS and ISSB standards
- Improving company rating through transparency benchmarking and Dow Jones Sustainability Index (DJSI)
- Aligning with internationally recognized guidelines, such those prescribed by UN Global Impact and OECD
EY ESG Suite
EY teams leverage leading-edge technology to help organizations to overcome their reporting challenges, using digital enablers such as the EY ESG Suite — a broad solution to seamlessly help you to assess your ESG readiness across multiple sustainability frameworks.
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Sustainability assurance services
EY teams conduct independent assurance procedures over nonfinancial and other ESG disclosures, metrics and reporting. These help you to provide transparency and accountability to your stakeholders, as well as assurance to your management and those charged with governance over the quality of the information provided. Assurance can be provided with reasonable or limited assurance in accordance with global or local standards.
ESG pre-assessments
As companies continue to work to improve their ESG-related reporting, EY teams can help you to conduct pre-assessment engagements to assess the criteria, data, process, systems, and controls used in preparing and reporting ESG disclosures.
ESG pre-assessments can take several forms, but typically focus on:
- Disclosures, data, targets and KPIs relating to ESG and sustainability
- Integrated reports, including ESG and economic disclosures
- Sustainability, ESG or corporate responsibility reports
- Adherence to principles as defined by external or internal standards, or codes of conduct
- Communications to specific stakeholders, or the board related to nonfinancial performance (for example, ESG metrics tied to executive compensation)
- Claims related to social and environmental outcomes of specific products or services
- GHG emissions, including organizational or lifecycle product GHG inventories
- Carbon credits or offset issues under voluntary and regulatory standards
- Green or social impact bonds against agreed criteria
Why EY?
The EY organization is the market’s recognized leader for ESG, sustainability and climate change consulting. The EY Climate Change and Sustainability Services (CCaSS) teams are well positioned to support you with your complex sustainability challenges and help you build trust in an environment, where positive sustainability outcomes are increasingly vital to value creation. With over 20 years of experience in the field, EY professionals can support your business with the extensive and complex task of sustainability reporting and wider assurance, using market-leading tools and methodology.
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