As the summer season comes to end, there’s not only a shift in the weather but also a renewed focus on strategic planning and forward-thinking.
The demand for more and reliable ESG reporting is increasing, driven by user demands and upcoming new regulations, such as the Corporate Sustainability Reporting Directive (“CSRD”). As a result, more ESG metrics and disclosures are being assured and, when CSRD becomes applicable from 2024, an increasing number of companies will obtain assurance over their entire sustainability report (“sustainability statement”). This assurance is also increasingly being provided by the companies’ financial statement auditors. Therefore, it is vital that companies plan ahead, to ensure they have the right assurance strategy to keep pace with the level of change in the market.