Building Trust in Sustainability Reporting and Preparing for Assurance

Published on 19 December, the Building Trust in Sustainability Reporting and Preparing for Assurance: Governance and Controls for Sustainability Information guide was released by the International Federation of Accountants (IFAC) and We Mean Business Coalition (WMBC), in partnership with the Global Accounting Alliance (GAA).

This report includes:
- an expansion on the previous Building Trust in Sustainability reporting guide.
- guidance on how to establish effective governance arrangements and controls to build confidence in sustainability information.
- information on financial statements, sustainability disclosures, the likelihood of modified assurance conclusions or audit opinions, and meeting investor expectations regarding sustainability reporting.