1RS- 1st Risk Solutions的动态

With the rise of mandatory ESG disclosures driven by regulations like the EU’s Corporate Sustainability Reporting Directive and the SEC’s climate disclosure rule, the role of the ESG controller is becoming essential. Companies are looking for qualified candidates to ensure accurate and compliant ESG reporting. Here’s what they’re prioritising: Audit Experience: Previous experience with one of the Big 4 (Deloitte, EY, KPMG, PwC) is a strong plus! Familiarity with ESG Standards: Knowledge of frameworks like GRI, TCFD, and SASB is crucial for navigating today’s complex regulatory landscape. Regulatory Insight: Understanding ESG regulations and the implications of laws like SOX is vital for building reliable reporting processes. Read on for more: https://heyor.ca/79Dh9G #ESG #Sustainability #JobMarket #CorporateGovernance #HiringTrends

?? Exciting News for Finance Professionals! ?? ?? Sustainability reporting standards (ESG) have become crucial in today's audit job roles, and I've gathered valuable insights from my experience in Grant Thornton Bharat LLP ESG vertical. If you're preparing for upcoming interviews or simply keen on enhancing your knowledge, I've #compiled a #comprehensive #set of #notes on #sustainability #reporting #standards that I'd love to share with you. ?? #Drop #your #email #address in the #comments or send me a DM to receive these valuable insights directly in your inbox. Let's connect and make auditing in the ESG space more impactful together! ?? Looking forward to sharing this resource with you! #ESG #SustainabilityReporting #GrantThornton #Audit #Auditors #LinkedInConnections.

The numerous ESG-related disclosure regulations that have been introduced around the world have spurred many companies to create a new role of ESG controller. Regulations such as the European Union’s Corporate Sustainability Reporting Directive, the U.S. Securities and Exchange Commission’s climate disclosure rule and California’s corporate accountability act are shifting ESG reporting from voluntary to mandatory, and these mandatory disclosures require third-party assurance, similar to financial disclosures to regulators and investors.

Sustainability & Audit: Driving Accountability in a Changing World The role of auditors is evolving. In a world increasingly focused on environmental, social, and governance (ESG) issues, the intersection of sustainability and audit is gaining prominence. Gone are the days when our work was limited to financial statements. Today, organizations are held accountable for their carbon footprint, diversity initiatives, and ethical practices. Stakeholders demand transparency not only in numbers but in the broader impact businesses have on society and the planet. So where does audit fit in? Ensuring Accuracy in ESG Reporting: Companies are making ambitious sustainability claims, but how reliable are they? Auditors play a critical role in verifying the authenticity of ESG metrics and ensuring compliance with emerging standards. Identifying Risks: Sustainability isn't just about doing good—it's about managing risks. Climate change, regulatory shifts, and societal expectations are risks that can impact a company's bottom line. Auditors can help organizations identify and mitigate these risks. Driving Accountability: By integrating sustainability into audit processes, we help bridge the gap between corporate promises and measurable action. This builds trust with stakeholders. Challenges Ahead: The audit profession faces new challenges—lack of standardized frameworks, limited expertise in ESG, and the need to adapt traditional audit methodologies to non-financial metrics. However, these challenges also present opportunities to lead the way in a rapidly changing world. Sustainability isn’t a buzzword; it’s the future of business. As auditors, we have a responsibility to ensure that this future is grounded in accountability, transparency, and real impact. What are your thoughts on the role of auditors in driving sustainability? #auditors #big4 #ey #auditdiaries #esg #sustainability

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Access to high-quality, reliable #ESGdata enables businesses to achieve their #ESG ambitions. KPMG India can help you gain visibility on the data set that covers all entities in which your organisation invests or does business in, providing information on all elements of ESG, as well as the means by which to compare performance on key issues across the portfolio. Communicate your #ESGperformance with insights, rigor, and trust - Explore our ESG offerings here https://social.kpmg/bj303s ? To know more about the #ESGConclave and Awards 2024, visit https://lnkd.in/dgKPiYCh ? #MakeTheDifference #climateaction #netzero #ESGreporting #sustainabilityreporting #CFOadvisory #ESGdataquality

The ESG reporting roadmap is still filled with uncertainty, but one way or another Controllers and CAOs will be in the thick of it. Below some of the key insights that Controllers and CAOs are focused: 1. ESG Ownership and Responsibility: for an overall ESG reporting structure to be effective, two layers need to be considered: 1) a defined strategy, which includes setting targets and goals and establishing metrics for stakeholders to track progress; and 2) a robust reporting process. Historically, these two components have been a part of sustainability teams’ responsibilities but Finance’s involvement has become critical with the proposed reporting regulations. 2. Implementation and Key Considerations: leading organizations are putting processes in place to meet compliance requirements. More robust reporting standards will be forthcoming. 3. Structuring Teams and Governance: some organizations are establishing cross functional groups alongside identifying “ESG controllers” (a relatively new role) because of the focus on ESG, while incorporating expertise from internal control, legal and sustainability resources 4. Process and technology: many companies have found it helpful to implement ESG reporting-specific tools and technologies as part of a more comprehensive strategy to handle the corresponding data and reporting transformations. Many existing processes for effective control involvement in sustainability reporting can be leveraged to introduce assurance readiness, with the integration of SOX-like processes through collaboration between an ESG controller (or an executive acting in that capacity) and divisional controllers #kpmg #esg #esgcontroller

?? ?????? ???????? ???? ???????????????? ???????????????? ???? ?????? ???????????? ?? What is an ESG Audit? ??Why ESG Audits Matter ??Key Roles of Internal Auditors ??Challenges in ESG Audits ??Best Practices for Effective ESG Audits ??The Future of ESG Auditing ?? ?????????? ???? ?????????? ???????? ???? ???????? ????????: https://lnkd.in/dmdi8rWj ?????????? ???? ???????? ?????? ????????????? ?????????? ?????????????????? ?????? ???????? ???????? ?????????? ???????????????? ??????????! #InternalAuditors?#ESGAudits #ESG?#Sustainability #CorporateGovernance #ESGCompliance #RiskManagement #InvestorConfidence #SustainabilityStrategy #InternalAudit #ESGReporting #CarbonEmissions #DiversityInclusion #EthicalBusiness #AuditBestPractices #SustainableBusiness #ESGTransparency #FutureOfAuditing #ESGStrategy #StakeholderEngagement #ESGRiskMitigation #AuditInnovation #CorporateResponsibility #SustainableFuture #GreenAuditing #SocialResponsibility #AuditProfessionals #ESGFramework #GlobalReportingInitiative

Hello Auditor | Have you ever thought how we can capitalize on ESG's growth to drive revenue and social impact? If not, then consider investing 10 minutes of your life by going through all strategies below to convince your client for ESG audit and increase firm revenue and social impact. To convince clients to adopt ESG (Environmental, Social, and Governance) audits, consider these strategies: *Emphasize Benefits:* 1. Enhanced reputation and brand value 2. Improved risk management and mitigation 3. Increased stakeholder trust and confidence 4. Better decision-making with ESG data integration 5. Compliance with emerging regulatory requirements *Highlight Business Value:* 1. Cost savings through sustainability initiatives 2. Access to ESG-focused investors and funding 3. Improved operational efficiency 4. Talent attraction and retention 5. Enhanced supply chain resilience *Risk-Based Approach:* 1. Identify ESG risks specific to their industry/operations 2. Demonstrate potential financial impacts 3. Showcase audit findings and recommendations *Regulatory Compliance:* 1. Highlight evolving ESG regulations (e.g., EU's CSRD) 2. Emphasize mandatory ESG reporting requirements 3. Ensure compliance with industry-specific standards *Competitive Advantage:* 1. Differentiate themselves from competitors 2. Showcase ESG commitment to stakeholders 3. Enhance market reputation and credibility *Client-Specific Solutions:* 1. Tailor ESG audit scope to client's needs 2. Integrate ESG into existing audit processes 3. Leverage technology for efficient ESG data collection *Communication Strategies:* 1. Schedule dedicated ESG discussions 2. Provide educational materials and resources 3. Share case studies and success stories 4. Offer workshops and training sessions 5. Collaborate with ESG experts and thought leaders *Pricing and Packaging:* 1. Offer bundled ESG audit services 2. Provide tiered pricing for varying levels of ESG assurance 3. Highlight cost savings through integrated audits *Marketing and Promotion:* 1. Develop targeted marketing campaigns 2. Utilize social media and thought leadership content 3. Host webinars and events 4. Partner with ESG-focused organizations *Client Onboarding:* 1. Conduct ESG readiness assessments 2. Develop customized ESG audit plans 3. Assign dedicated ESG audit teams *Case Studies and Success Stories:* 1. Showcase successful ESG audit engagements 2. Highlight client achievements and benefits 3. Share lessons learned and best practices By implementing these strategies, you can effectively convince clients to adopt ESG audits, enhancing your client portfolio and revenue. #esg #environmental #social #governance #audit #ifac #ias #isa #ifrs #icap #pwc #ca #kpmg #ey #deloitte #audit #accounting #financial #reporting

As new disclosure requirements emerge in the US and globally, companies are reassessing their methods for managing ESG information, often finding that existing governance structures, processes, controls, and technologies are now inadequate. To meet the increasing demands for accurate reporting, over half of Fortune 100 companies now employ ESG controllers. This role integrates finance and accounting rigor with ESG regulatory expertise, which has become essential for effective reporting. In AuditBoard, Claire Feeney cites Nico M.'s GreenBiz Group article which quotes Ellen Weinreb. We have found that one benefit of hiring internally for the ESG controller role is that they'll navgate internal systems and know who to talk to in order to be successful. We are proud to now be placing ESG controllers at a growing number of multinational companies.