Environmental, social and governance (ESG) issues are becoming increasingly important in organizations. Companies are more and more under pressure to publicly commit to sustainability and to report on their activities. To date, however, there are not many defined rules for ESG reporting or what ESG reporting should retain.
As part of effective governance, Internal Audit has to support management in ESG issues and consequently also has to deal with ESG risks. The risks of ESG reporting and the role of internal audit are the focus of the IIA’s white paper „Internal Audit’s Role in ESG Reporting: Independent Assurance Is Critical to Effective Sustainability Reporting“.
Here you can access the whitepaper.