The International Federation of Accountants (IFAC) has published helpful tools to understand ESG disclosure assurance, including sample assurance letters for limited assurance on sustainability information, including qualified conclusions, adverse conclusions and disclaimers.
These are excellent resources to read and carefully consider if you are in the market for ESG/climate report assurance. What many companies don’t adequately understand are the important exclusions, limitations and scope specifications in the potentially broad range of assurance in ESG reporting. Simply reading these sample letters is an easy yet important step in preparing for an assurance engagement and getting a sense for what the auditor will – and will not – do.
Our members can learn more about ESG disclosure assurance here.
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