Sustainability Data VerificationThe world’s leading sustainability consultancy
What is Data Verification and Assurance ?        Verification =                         Systematic, independent and docum...
Why do verification?                Tessenderlo group Objective:                Determine steps towards a robust and credi...
Verification Standards4The world’s leading sustainability consultancy   Marianne Fernagut
Common steps in verification5The world’s leading sustainability consultancy   Marianne Fernagut
Verification: Assessment Criteria       Materiality       Completeness       Comparability/ Consistency       Use of appro...
Verification of the process and data       - Visits of corporate offices and select site locations;       - Interviews wit...
On-site verification (e.g. GHG emissions)        ■ Facility tour / walk-through                  equipment and emission s...
Common steps in verification9The world’s leading sustainability consultancy   Marianne Fernagut
Concluding verification           Report summarising the findings of the visit, with an            issues log highlightin...
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Sustainability Data verification

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  • Beforestartingabout the approach – let’s have a look at the concepts. We useall these words, somemayusethem more thanother but what do theyactuallymean?In the word verificationyousee the word verus = trueIn the word assuranceyousee the word assurance =certaini
  • Definition of goals incl. scope and set of verifiationAA1000 Assurance Standard 2008AA1000AS (2008) assurance provides a comprehensive way of holding an organisation to account for its management, performance and reporting on sustainability issues by evaluating the adherence of an organisation to the AccountAbility Principles and the reliability of associated performance information.AISE3000 - ISAE 3000 (Revised), Assurance Engagements Other Than Audits or Reviews of Historical Financial Information. It is a principles-based standard that is capable of being applied effectively to a broad range of underlying subject matters, and that will provide a basis for current and future subject-specific ISAEs. Mostly used by AccountantsGlobalReportingInitiativewhich is currentlyrevisingtheirmethod (G4 2013)
  • Reasonable assurance: The assurors have carried outenough work to be able to make statements aboutthe report which are framed in a positive manner, eg‘the reported environmental data accurately reflectXYZ Ltd’senvironmental performance during 2007-2008’.Limited assurance: The assurors have only carriedout enough work to make statements about thereport which are framed in a negative manner, eg‘nothing has come to our attention which causes us tobelieve that the reported environmental data do notaccurately reflect XYZ Ltd’s environmental performanceduring 2007-2008’.Source: 2008. CSR Assurance statement report. Corporateregister.com (5000 assurance statements over 15 reports)
  • Completeness:Whether all significant contributions are captured;did we overlookanything? Is all data captured? ourall sites in there? Is the data ? Any relevant issues forgotten? For examplesafety – if contractor onlyworksforusitmayneed to includethem in yoursafety data collection. Explore whether the KPIs are properly focused on the appropriate processescomparability?consistency – ourboundarieseveryyear the same? whether data is being reported in a consistent way for a given KPI; whether data is being reported in a consistent way for a given KPI;Measurement- whether the measurement techniques are appropriate and reliable and whether calculations are appropriate (use appropriate formulae, conversion factors and assumptions); andAccuracy: - do the measurements/estimates provide a value that is repeatable (precise) and approximates closely to the true value (i.e., accurate)?
  • Sustainability Data verification

    1. 1. Sustainability Data VerificationThe world’s leading sustainability consultancy
    2. 2. What is Data Verification and Assurance ?  Verification = Systematic, independent and documented process for evaluation of data against predefined criteria to ensure consistency  Assurance = Result of verification i.e. data reliability -> Objective declaration2The world’s leading sustainability consultancy Marianne Fernagut
    3. 3. Why do verification? Tessenderlo group Objective: Determine steps towards a robust and credible data set that can be communicated externally in 2014 (2013 data)3The world’s leading sustainability consultancy Marianne Fernagut
    4. 4. Verification Standards4The world’s leading sustainability consultancy Marianne Fernagut
    5. 5. Common steps in verification5The world’s leading sustainability consultancy Marianne Fernagut
    6. 6. Verification: Assessment Criteria Materiality Completeness Comparability/ Consistency Use of appropriate methods for measurement/monitoring and calculation Accuracy and precision6The world’s leading sustainability consultancy Marianne Fernagut
    7. 7. Verification of the process and data - Visits of corporate offices and select site locations; - Interviews with relevant personnel responsible for managing company data; - Review of Documents - Data, information systems and methodology for collection; - Reporting boundaries, definition of KPIs, quality controls; - Consolidation & Aggregation, analysis and review of information; - Use of methodology to define and audit source data samples - Calculation methods f.e. WBCSD GHG protocol, ISO14064…7The world’s leading sustainability consultancy Marianne Fernagut
    8. 8. On-site verification (e.g. GHG emissions) ■ Facility tour / walk-through  equipment and emission source confirmation ■ Interviews with personnel responsible for data collection  Understand where data comes from  Understand responsibilities for collection and management ■ Review of audit trail back to source:  Invoices, logbooks, spreadsheets related to • natural gas, diesel, propane consumption • refrigerant inventory management • electricity consumption • fleet related emissions ■ Document review:  Calibration of meters  Meter specifications ■ Check calculations methodology, boundaries, consolidation8The world’s leading sustainability consultancy Marianne Fernagut
    9. 9. Common steps in verification9The world’s leading sustainability consultancy Marianne Fernagut
    10. 10. Concluding verification  Report summarising the findings of the visit, with an issues log highlighting any relevant action points.  Recommendations  Discussions with key persons for actions  Assurance statement10The world’s leading sustainability consultancy Marianne Fernagut

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