ESG Reporting and Governance

Embrace innovation and focus on the future with the necessary oversight of your ESG strategy and programme.

Good governance and transparent reporting are expectations in today’s market.

As sustainability programmes and regulatory requirements evolve, governance takes on an increasingly important role in any organisation’s future plans. Governance and reporting guide your purpose and align your business and portfolio to 21st century challenges.

Partnering with Protiviti’s sustainability experts provides a transparent view of risks, enables insights and better decision making to effectively manage the company, even in times of fundamental change. Together, we will meet the governance and reporting needs of your shareholders, directors, investors, employees, customers, vendors and all other stakeholders. We help you create useful data and reporting that drive key risk management decisions and ensure global regulatory requirements are met.

Governance and reporting guide your purpose and align your business and portfolio to 21st century challenges

Reporting

Stakeholders expect more transparency from organisations in their disclosures. Effective reporting is key to the success of all ESG programmes. We can help you establish or enhance your ESG reporting to facilitate better decision making within your organisation.

Data and Tools

ESG data can be overwhelming and complex. Processes in this area are traditionally neglected and manual in nature. We help you navigate through these complexities to find new processes and tools to successfully manage ESG data.

Governance

Proper oversight is needed in the world of ESG. This includes setting the right policies, making sure roles and responsibilities are defined at the board level and across the three lines of defense, and effective KPIs and internal controls are in place.

Risk Management

ESG needs to be integrated into your organisation’s risk management processes. This includes making sure the right ESG risks are identified, monitored and reported for all stakeholders to make effective decisions.

Compliance

The regulatory landscape is constantly changing around the world and ESG is currently at the top of many new and emerging requirements. Firms need to stay updated on these regulations to avoid regulatory or legal risks.

Technology Strategy

Technology is a key component in managing ESG. We provide solutions to lead your IT business while managing the risk and governance of execution and operations.

Explore different factors for a holistic approach to sustainability

Our approach

Strategy & Planning: Understand the organisation, its sustainability maturity, context, competitors and stakeholders, and identify material topics. Based on this, define or update the ESG strategy and ambition level, and set up a roadmap and programme management for achieving the sustainability targets.
Stakeholder Engagement: Define communication and interaction with external and internal stakeholders, such as employees, investors and civil-social groups. Continuously engage with the relevant stakeholders and meet their expectations in your daily doing.
Data Management & Tools: Identify relevant data for the analysis and management of material sustainability topics and build the data collection, aggregation, and validation processes. Select and establish tools for monitoring and managing sustainability in the organisation and as basis for decision-making.
Operations: Assess, design, and implement capabilities that improve processes, reduce harmful emissions, and optimise material, water, and energy usage as well as supporting the achievement of value chain sustainability.
Performance & Reporting: Define and implement key performance indicators, dashboards and scorecards to monitor the organisation's sustainability performance; provide comprehensive and transparent reporting to stakeholders; and excel in ESG indices, ratings and rankings.
Governance, Risk & Compliance: Strengthen and improve the organisation's governance framework and compliance, risk and control management to ensure the organisation manages its risks, complies with all relevant regulations and provides insights for improved decision-making.

Webinar – New COSO ESG guidance: Internal control over ESG operations, compliance & reporting

Exploring ESG integration into business strategies, insights from this session highlight the changing regulatory landscape and the essential role of internal auditors. It details ESG benefits like improved revenue and employee loyalty, emphasising the need for global reporting standards. It delves into COSO's sustainability reporting guidance, and ESG reporting in India including SEBI's BRSR, and provides actionable insights on internal controls for credible sustainability disclosures. The insights blend practical COSO framework adoption strategies with regulatory perspectives to boost sustainability reporting's integrity.

Webinar – BRSR Core Regulatory Framework & New COSO ESG Guidance

The discussion focuses on integrating SEBI's ESG disclosure requirements into the BRSR framework and adopting COSO's guidance for effective sustainability reporting controls. It covers tailoring BRSR to specific company needs, selecting the right assurance providers, and the vital role of internal controls in bolstering ESG report credibility. Implementing COSO's framework through steps like training, process mapping, and control testing is emphasised. Additionally, the importance of using technology to manage ESG data for improved reporting efficiency, transparency, and regulatory compliance is highlighted.