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ESG Reporting 101: What is ESG assurance and why does it matter?

From the definition of ESG to the role of the auditor in ESG assurance, we provide answers to some frequently asked questions about environmental, social, and governance information.

Environmental, social, and governance (ESG) information is quickly becoming a key conversation topic among public company auditing professionals. Current events like climate emergencies and social unrest have led to a growing interest among investors and other stakeholders for company-reported ESG information. But what exactly does it mean to assure ESG information and why does it matter?

What is ESG assurance & why does it matter?

Many people associate ESG solely with climate change or a company’s carbon footprint, but there are many elements under the ESG umbrella. Our Director of Professional Practice, Desiré Carroll, explains what ESG stands for, who assures company-reported ESG information, and why companies should implement ESG into their business strategy and share these disclosures with stakeholders.