Environmental, social and governance (ESG) issues are a hotly debated topic globally and across all industries and organizations. The pressure on organizations to address ESG issues continues to grow, making it paramount. Internal audit functions are invaluable to companies and should be more involved in their organization’s ESG efforts.
The new report „Prioritizing ESG: Exploring Internal Audit’s Role as a Critical Collaborator“ from the Internal Audit Foundation, the Institute of Internal Auditors (IIA), and Ernst & Young LLP (EY), looks at how internal audit is currently involved in their organization’s ESG efforts, what barriers exist within the organization that could hinder this involvement, and what opportunities exist to move forward in the face of impending regulations.