Sustainability Reporting And The Role Of Internal Audit

Sustainability reporting is the disclosure and communication of Environmental, Social, and Governance (ESG) goals of an organisation and its progress towards them. Drivers of increased sustainability reporting today arise from Investors, other stakeholders, regulatory requirement and social pressure.

Sustainability framework is a guide to organize thinking about sustainability as well as inform planning, management, and evaluation of the ESG activities in the organisation. It helps companies in selecting and implementing sustainability initiatives by developing and applying a sustainability strategy to achieve, among others, competitive advantage and leverage efficient business operations. There are various frameworks that guide reporting on sustainability and some of the current top well-known frameworks are: