As the number of companies producing sustainability reports grows, there is increasing pressure from stakeholders and authorities for a guarantee of the reliability and accuracy of the report content and the company’s commitment to sustainability and transparency. This guarantee and commitment can be demonstrated through independent third-party assurance, which assesses and confirms the quality of the disclosures and reporting processes.
Not only is assurance essential to build confidence in a sustainability report and mitigate reputational risks, it is also an important means through which your company can assess the strengths and weaknesses of its sustainability report and lead to improved reporting and sustainability management approaches.
Using our proven and customisable assurance methodology, we evaluate the content of your sustainability report together with relevant management approaches and data collection processes. Our assessment is based on the applicable requirements of ISAE 3000, ISAE 3410, AA1000AS, RAFI and GRI Standards.
Our assurance methodology provides the following benefits:
The assurance scope and assessment criteria can be adapted to your sustainability framework. Your own quality criteria can also be used in the assessment phase.
Our assessment procedures are designed to process data from large numbers of operational and geographical entities and identify inconsistencies in reporting systems between your business units.
Our findings and recommendations are prioritised to allow your reporting team and data owners focus on the most important issues.
We share our findings and recommendations with your reporting team and data owners as soon as possible to allow prompt action on the identify gaps.
All members of our assurance team follow strict rules based on ethical standards and guidance for professional accountants and Ere-S own Assurance Code of Conduct. These strongly hold our work ethics and professional competence and behaviour.
Ere-S follows strict standards for confidentiality and data protection. Data received from you is kept in our computers and backup locations in an encrypted format and is only accessible to the members of the assurance team.
Pre-assurance is an optional phase based on information and sources available prior to the start of your reporting exercise, such as your latest sustainability report. It applies the same preparation, interview and assessment methodology as a normal assurance.
Pre-assurance is carried out individually or as part of a main assurance. It allows more time to act upon our findings and provide your reporting team and data owners with more flexibility and confidence as they prepare for assurance in the final phase of the reporting exercise.
Ere-S prides itself on its high-quality assurance services and its comprehensive and well-balanced assurance statements and reports. Our assurance findings and gap identification generate value for our clients through improved report content and refined management approaches and data measurement processes.
The first AA1000 AccountAbility Assurance standard (AA1000AS) evaluations in Singapore were carried out by Ere-S in 2010 to assure the sustainability reports of City Developments Limited and PowerSeraya Limited. Since then, more local companies have adopted The AA1000 AccountAbility Assurance standard for their reports.To date, Ere-S has assured or verified about 50 sustainability reports. We are an AA1000 Licensed Assurance Provider and our assurance engagements are supervised by a Certified Lead Sustainability Assurance Practitioner. Our assurance team has expertise and knowledge of sustainability priorities and best reporting practices in diverse sectors and is valued by clients for its work ethics and integrity.