Dear John,
Investors today can confidently rely on companies’ financial statements to make smart investment decisions thanks to the backing of third-party assurance. As companies increasingly report on climate-related information, how can investors feel similarly assured of this data’s reliability?
A new Ceres report,
Closing the Gap: Investor Insights into Decision-Useful Climate Data Assurance, explores the current quality of climate-related information from the investor perspective and methods of applying assurance to disclosures such as greenhouse gas emissions, metrics used in executive compensation, and sustainability linked bonds.
The report recommends steps for companies to take to give investors greater confidence in disclosed climate data, including:
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Disclose climate and sustainability data methodologies, key assumptions, and calculations
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Implement effective governance over climate and sustainability data
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Ensure the audit committee oversees all assurance providers
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Engage the financial reporting team in the collection and reporting of sustainability-related information
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Join us for a webinar to unpack the report’s findings alongside its expert contributors and learn about the actionable steps companies and assurance providers can take to effectively integrate climate data assurance into their auditing processes. |