Streamline your ESG Reporting with robust internal controls
Dr. Jane Thostrup Jagd, Director Net Zero Finance
Companies can make ESG reporting processes cheaper, easier, better, and faster by leveraging internal controls—a critical yet often overlooked component of effective ESG reporting.
In collaboration with IFAC and the Global Accounting Alliance, we have launched a new guideline to simplify the implementation of internal controls for ESG reporting. This framework extends existing financial processes and systems, creating a robust internal control environment that enhances data quality while making assurance work smoother and more efficient.
This guideline addresses requirements from both the Corporate Sustainability Reporting Directive (CSRD) and the International Sustainability Standards Board (ISSB), which mandate companies to report on their internal control environment for ESG reporting. It enables organizations to meet these standards with confidence and ease.
By adopting this framework, companies can improve the speed, accuracy, and reliability of their ESG reporting while strengthening data quality—both quantitatively and qualitatively.