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Assurance of Sustainability Reports
Introduction
Bureau Veritas' Assurance of Sustainability Reports (ASR) services provide independent verification and validation assessment of the environmental, social, and governance (ESG) information and data disclosed by organizations, enhancing the credibility of their sustainability reporting.
The level of assurance reflects the depth of the review. The appropriate level is determined based on the reporting organization's needs and the intended use of the sustainability information.
Pre-assurance: A preliminary, high-level review of sustainability data and reporting processes, against defined requirements, to identify potential issues before a more in-depth assurance engagement.
Limited assurance: An assurance engagement that reduces risks to an acceptable level, concluding that the subject information is not materially misstated.
Reasonable assurance: The highest level of assurance provides an in-depth evaluation of sustainability data and systems to provide a conclusion with a high degree of confidence that the information is reliable and accurate.
Building up on recognized Standards like ISAE300, Bureau Veritas delivers personalized and robust assurance solutions that reflect each client’s individual needs.
SECTORS:
Bureau Veritas’ ASR service is globally available and sector-agnostic. Thanks to our wide range of industry expertise, we can cover most industries and value chains. Eg:
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CRITICAL USE CASE
Mersen Group ’s CSR data assurance was carried out by its financial auditors. Six years ago, they called on Bureau Veritas. "The first assurance provider helped us to structure our data collection and provide a benchmark. But to further challenge us, we called on Bureau Veritas to take a fresh look at our facts and figures", explains Laurence Lamy, Communications Director.
Challenges
Sustainability reporting has become an essential part of international business strategy for companies, clients and investors. It enables organizations to transparently communicate their environmental, social and governance (ESG) performance, while allowing stakeholders to assess their commitment to sustainability and hold them accountable.
Complex supply chains, global operations, diverse reporting frameworks, data collection, data accuracy and comparability over time, regulatory requirements are the many challenges businesses face.
Third-party assurance of non-financial reporting, by a globally recognized company like Bureau Veritas, helps validate the accuracy of ESG data and the robustness of the reporting processes, safeguard the organization’s reputation, while enhancing stakeholder trust in its sustainability performance.
WHY BUREAU VERITAS?
Bureau Veritas is globally trusted by major corporations as well as small and medium-sized entreprises (SMEs) for its seasoned industry expertise, field expertise and ESG audit capabilities to provide outstanding relevant and accurate assurance services.
Independent third-party verification by Bureau Veritas, enhances the credibility of sustainability reporting and builds greater trust with stakeholders.
