Key Takeaways:

• Introducing CSRD Pre-Assurance, ESG Report Assurance, and ESG KPI Verification services.
• Empowering organizations to meet evolving ESG reporting standards with confidence.
• Minimizing risks and building stakeholder trust through precise and transparent disclosures.

SGS has unveiled three essential services designed to support organizations in complying with the Corporate Sustainability Reporting Directive (CSRD) and advancing their Environmental, Social, and Governance (ESG) disclosures. The new offerings—CSRD Pre-Assurance, ESG Disclosures & Sustainability Report Assurance, and ESG KPI Verification & Assurance—aim to empower businesses to meet evolving standards with precision.

CSRD Pre-Assurance

Accuracy and consistency are critical for CSRD compliance. SGS’s CSRD Pre-Assurance service provides organizations with a confidential “dry run” to identify gaps and weaknesses in their reporting approach, minimizing the risk of receiving a qualified assurance opinion during future public assurance.

Key Features:

• Gap analysis of processes and disclosures against European Sustainability Reporting Standards (ESRS) requirements.
• Constructive feedback on aligning data points, ESG targets, and reporting processes.
• Comprehensive review of the reporting structure.
• Detailed pre-assurance report.

Benefits:

• Accurately assess readiness before seeking full assurance.
• Confirm strengths and address weaknesses in ESG approaches.
• Minimize the risk of a qualified assurance statement.
• Prepare for a confident and efficient assurance process.

ESG Disclosures & Sustainability Report Assurance

This full-service solution offers independent verification, validation, and assurance for organizations aiming to publicly disclose their ESG information. It ensures ESG data is accurate and consistently aligned with reporting and assurance standards.

Benefits:

• Comply with regulatory standards.
• Ensure ESG data integrity and transparency.
• Mitigate legal risks and avoid greenwashing.
• Inspire peers and foster ESG innovation.
• Strengthen internal reporting frameworks.

Related Article: Vodafone Business and Envoria Launch ESG Navigator for CSRD Compliance Reporting

ESG KPI Verification & Assurance

SGS’s ESG KPI Verification & Assurance service independently validates the metrics and targets in ESG disclosures. This bolsters investor and stakeholder confidence, supporting due diligence, risk assessment, and sustainable finance decisions.

Benefits:

• Reduce borrowing costs through sustainable finance transactions.
• Enhance preparation for an initial public offering (IPO).
• Validate ESG claims and assess supplier performance.
• Facilitate due diligence and reveal potential compliance issues.

Géraldine Picaud, CEO of SGS, emphasized the importance of these services in driving sustainable business practices:

“With the launch of our IMPACT NOW suite, we are providing organizations with innovative solutions to navigate CSRD compliance and enhance ESG reporting. This trio of services offers the clarity and confidence businesses need to address sustainability challenges, meet regulatory expectations, and contribute positively to a more sustainable future.”

Recognizing the complexity and rapid evolution of sustainability, SGS leverages over 30 years of leadership in the field to assist organizations worldwide. Its experts are ready to move customers from complexity to clarity, turning advice into transparent and meaningful action.

IMPACT NOW is more than a concept—it’s SGS’s commitment to addressing the triple planetary crisis of climate change, biodiversity loss, and pollution and waste. By embedding sustainability into every action and service, SGS aims to contribute positively to society and achieve a nature-positive and pollution-free world.

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