GreenCo Promotes Quality ESG Disclosure and ESG Assurance for Strategic Purposes

An ESG report serves as a fundamental assessment of a company’s current performance on Environmental, Social, and Governance (ESG) issues. It highlights the incorporation of ESG measures and informs stakeholders about the progress of ESG initiatives. It is becoming increasingly common to see scoring criteria used to evaluate a bidder’s ESG proposal and initiatives.

In the meantime, the assurance of the ESG report remains significant as it demonstrates the company’s commitment to sustainability and the establishment of a robust greenhouse gas management framework. Providing reliable information on scope 1 and scope 2 emissions can indirectly support clients in their future supply chain carbon management efforts. Performance assurance is a fundamental step for corporates to create GHG emission inventories, set net-zero targets, or adopt Science-Based Targets (SBTi). Ensuring the reliability of the ESG report is instrumental in achieving these goals, as accurate GHG calculations from suppliers are essential.

Consequently, we strongly advise our clients to consider ESG report assurance to ensure the credibility of their sustainability efforts. Overall, the ESG report not only offers valuable insights into the company’s current ESG performance and informs the development of ESG initiatives but also adds value by demonstrating that the use of its products or services is already ESG-positive.