ESG (Environmental, Social, and Governance) report assurance refers to independently verifying and providing assurance on an organization's ESG disclosures. ESG reports are documents that companies produce to communicate their performance and impact on environmental responsibility, social responsibility, and corporate governance. Assurance adds credibility and trust to these reports by ensuring that the information presented is accurate, reliable, and complies with relevant standards and guidelines.

1. ESG Report Assurance
ESG (Environmental, Social, and Governance) report assurance refers to independently verifying
and providing assurance on an organization's ESG disclosures. ESG reports are documents that
companies produce to communicate their performance and impact on environmental
responsibility, social responsibility, and corporate governance. Assurance adds credibility and
trust to these reports by ensuring that the information presented is accurate, reliable, and
complies with relevant standards and guidelines.
Critical components of ESG report assurance include:
1. Materiality Assessment: ESG Assurance providers evaluate whether the ESG issues
addressed in the report are material to the company's business and stakeholders.
Materiality assessments help focus on the most relevant and impactful ESG factors.
2. Data Accuracy and Completeness: Assurance involves thoroughly reviewing the data
and information presented in the ESG report. This includes verifying the accuracy of
quantitative data, ensuring completeness, and confirming that the data collection and
reporting processes are robust.
3. Compliance with Standards and Frameworks: Assurance providers assess whether the
ESG report aligns with established standards and frameworks, such as the Global
Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), or Task

2. Force on Climate-related Financial Disclosures (TCFD). Compliance with these
standards enhances the consistency and comparability of ESG reporting.
4. Risk and Impact Assessment: Assurance involves evaluating how the company
identifies, assesses, and manages ESG risks and impacts. This includes understanding the
company's strategies for mitigating negative impacts and enhancing positive
contributions.
5. Governance and Oversight: Assurance providers assess the governance structure and
processes related to ESG reporting. This includes examining the roles and responsibilities
of key personnel, the level of board oversight, and the integration of ESG considerations
into overall corporate governance.
6. Stakeholder Engagement: Companies are often expected to engage with stakeholders
when developing ESG reports. Assurance considers the effectiveness of these
engagement processes and whether the company has appropriately responded to
stakeholder concerns and feedback.
7. Future-oriented Statements: Some ESG reports include forward-looking statements
about sustainability goals and targets. Assurance involves evaluating the reasonableness
of these statements and the company's plans to achieve them.
Independent assurance can be performed by third-party firms specialising in sustainability
reporting and auditing. The assurance statement these firms provide is typically included in the
ESG report, enhancing stakeholder transparency and credibility. ESG report assurance aims to
build trust among investors, customers, employees, and other stakeholders by ensuring that the
disclosed information is reliable and meaningful.