Sustainability Reporting, Assurance, and Compliance Services
Reducing risk, increasing value
Sustainability is upon us, and it isn’t a fad. Leading organizations view sustainability the same way they look at other game-changing business opportunity that forces them to think differently about their operations. These organizations are taking another look at the core business through a sustainability lens and finding new ways to transform common operations and investments that clear the ROI hurdle. And in the process, they are creating competitive differentiation and long-term value.
How we can help
Our experienced sustainability professionals, combined with the full breadth of our capabilities, can assist you in preparing for and managing sustainability risks and turning them into opportunities. Our specialists, equipped with leading-edge tools and services, can help you put into place efficient sustainability reporting programs, provide external and internal assurance on your sustainability data, and help with conflict minerals filings.
Reporting, Assurance, and Compliance Services
Sustained and high-quality performance depends, in part, on effective measurement, management and disclosure of relevant metrics. Non-financial metrics and related information, such as those used to evaluate environmental, social and governance (ESG) performance, can effectively complement financial metrics and reporting in helping the user of the reported information to better understand how a business is creating value.
Deloitte helps organizations comply with marketplace (e.g., investors, business partners, consumers, etc.) and regulatory demands through transparent reporting on the results of their sustainability initiatives in accordance with recognized frameworks to meet the needs of target audiences. Moreover, Deloitte practitioners bring to sustainability reporting a detailed understanding of the challenges involved in making sense of non-financial data and an understanding of the marketplace expectations for timely, reliable, and accurate reporting.
Deloitte also provides assurance (both internal and external) on sustainability reports, greenhouse gas statements, and other non-financial information.
Conflict minerals solutions
On August 22, 2012, the US Securities and Exchange Commission (SEC) issued its final rule as required under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Final Rule”). The Final Rule requires certain registrants to follow a three-step process for evaluating conflict minerals contained in their products and to file a Form SD by May 31 each year, describing their process for conducting a reasonable country of origin inquiry (RCOI). In certain circumstances, the registrant is required to include a Conflict Minerals Report describing its due diligence measures and, for certain of those situations, to have an independent private sector audit (IPSA) performed in accordance with generally accepted government auditing standards (GAGAS).
Deloitte practitioners have been tracking the Final Rule since the SEC was tasked with the implementation. Building on our experience advising clients on the disclosure and reporting of nonfinancial information, we can assist clients with designing and implementing a compliance program to meet the requirements of the Final Rule as well as performing the IPSA. Our practitioners and services focus on the important considerations around processes and controls necessary to respond to regulatory compliance and other reporting requirements in a thorough and timely manner, which will result in an auditable process.
GRI certified training courses
Certified as a training partner by the Global Reporting Initiative (GRI), Deloitte offers the Certified Training Program in the United States for organizations looking to initiate or improve their sustainability reporting programs. The program focuses on the G4 Guidelines, which were released in May 2013 as the latest version of the GRI framework.
We currently offer a two-day GRI certified training course to help participants understand and manage the GRI sustainability reporting process.