How much of my business strategy bears on sustainability? What steps can I take to increase this? How do I extend my reports? Can I have my sustainability report verified? If these questions are on your mind, the information below will be relevant to you. Deloitte will offer you the solution you need, no matter what stage you are in.
There's no two ways about it: since you run a modern company, you will have to acknowledge the mounting scrutiny for both your financial and your non-financial data. This would include your sustainability performance, making sustainability reporting an indispensable agenda item.
Why sustainability reporting?
Reporting on your performance allows your stakeholders a better view of what makes your business tick. Having your sustainability performance verified immediately enhances the credibility of this data. What’s more, such a sustainability report is a useful tool for plotting your course, inviting you to set targets and take new initiatives.
Preparing a sustainability report involves various aspects. One of the essential things is having measurable data (KPIs) substantiate the facts and figures. Not only will you disclose your ultimate performance, you wil reveal all the stages in between as well. To help you along, Deloitte has developed a Roadmap to assurance, providing step by step guidance in drafting your sustainability report. We will consult with you to make a bespoke roadmap, based on your ambitions and the stage you have reached.
Have you issued a sustainability report before? We can help you lift it to a higher level and test it against worldwide standards, such as the Global Reporting Initiative G3 guidelines, ISAE3000, or COS3410.
Reliability through verification
Your sustainability data will need to be verified if the reliability of your reporting is to be increased. This requires independent auditors, specialising in the audit of non-financial information. Deloitte is widely experienced in sustainability reporting, the related requirements and the application of (inter)national (quality) guidelines and legislation and regulations. Our findings will result in an overview, based on which you can adjust your course.
Because preparing your financial as well as your sustainability reporting requires comparable information, you may wish to have Deloitte perform both audits. We would use our worldwide software package AuditSystem/2 to do this, ensuring efficiency and synergy when performing risk analyses and internal audit procedures during the audit process. This extends into the evaluation of the quality of your corporate governance. This allows you to get the maximum benefit from long-term value for your corporation and all stakeholders.
Please read the folder Sustainability reporting and assurance for extensive information, or make an appointment with one of our specialists:
Gwan Auw Yang, tel: +31 (0)88 288 1822
Frits Snijder, tel: +31 (0)88 288 1965
Udeke Huiskamp, tel: +31 (0)88 288 43 76