In the dynamic world of corporate sustainability, the importance of reliable and trustworthy reporting has never been greater. As organizations strive to meet the evolving expectations of stakeholders and mitigate associated risks, the implementation of effective internal controls is imperative.
In response to the growing significance of sustainability reporting, COSO released new guidance in 2023, specifically addressing how the internal control framework can be seamlessly applied to enhance sustainability reporting practices.
View this infographic to learn about some of the key challenges for internal controls of sustainability reporting.
To read more on effective internal control over sustainability reporting, read our blog here.