Sustainability Reporting Assurance
KPMG provides sustainability reporting assurance services, which also cover greenhouse gases and emissions and indicators related to occupational health and safety, human resources, human rights, the social sphere, corporate governance, and risk management.
Investors, public authorities, and other stakeholders are paying more and more attention to the reliability, accuracy, and relevance of data disclosure in non-financial reports. To obtain assurance on non-financial information disclosed in public or internal reports, companies usually engage professional auditors, which work for self-regulating audit organizations. The most recent Russian legislative changes in relation to audit clearly stipulate that an independent auditor should be appointed for assurance procedures.
When providing non-financial information assurance services, professional audit companies are obliged to adhere to ISAE 3000, (“Assurance engagements other than audits or reviews of historical financial information”) requirements.
The non-financial assurance process consists of the following steps:
- preparatory work: elaborating an audit program
- analysis of the control environment
- site inspections
- audit procedures
- preparing an independent assurance conclusion
- elaborating recommendations for management