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Reporting and Assurance

Reporting and Assurance

Sustainability reporting is becoming more regulated and scrutinised. Its integrity is critical to strategic decision making and managing reputation.

Sustainability reporting is critical to strategic decision making and managing reputation.

Reporting and Assurance

Organisations have been reporting financial information for many decades. Sustainability reporting is, by comparison, still in its infancy. As companies incorporate sustainability into their core business strategies, the importance of timely and accurate sustainability related information increases. Senior management need and expect the same level of control over this information as they have over financial data. Yet, in many cases such control is not there.

Today's businesses need to be concerned about the accuracy and integrity of sustainability information and data which is reported to stakeholders or used for strategic decision making. The reputational risk of getting it wrong is significant, both in terms of not managing the right risks or reporting inaccurate information. Organisations cannot afford to make mistakes.

KPMG’s sustainability assurance professionals can assist organisations with:

  • Compliance with legal requirements and applying the latest reporting standards and frameworks
  • Assurance readiness and process assessments
  • External and internal assurance over sustainability reporting
  • Reporting assessments and enhancements
  • Performance measurement and reporting
  • Integrated reporting

Our insights have helped KPMG clients to:

  • Develop realistic targets and effective monitoring mechanisms
  • Offer reassurance to Board of Directors that data is accurate and complete by strengthening the procedures and controls around performance data
  • Identify financial savings during reviews of Health, Safety and Environmental KPIs
  • Produce an integrated report aligned more with the principles and focus areas of the International Integrated Reporting Council (IIRC) framework
  • Comply with the UK mandatory greenhouse gas reporting requirements.

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