Sustainability has become a top priority for businesses, and as a result, the role of ESG consultants has grown significantly. More and more organizations are turning to these experts to help measure, manage, and report on their environmental, social, and governance (ESG) efforts. One of the key tools in this process is the ESG questionnaire—a […]
Role: Advisory & Audit
ESG data overload: 6 best practices for simplifying ESG research and assessments
Over the past few years, environmental, social, and governance (ESG) data has moved from being a niche topic to a core consideration in the business and investment world. A recent 2024 survey by Deloitte and The Fletcher School at Tufts University found that 83% of investors now include sustainability information in core investment decisions. This […]
ESG due diligence: How consultants can help clients assess compliance
Companies today face mounting pressure to align with global sustainability goals, meet investor expectations, and comply with evolving regulatory requirements. The stakes are high—falling short on compliance can lead to financial penalties, reputational damage, and missed investment opportunities. With frameworks like the E.U.’s Corporate Sustainability Reporting Directive (CSRD) tightening disclosure requirements and investors demanding greater […]
Navigating IFRS S2: How ESG consultants can help businesses adapt
As climate disclosure standards evolve, the International Sustainability Standards Board (ISSB) is leading the shift toward more structured reporting. ISSB’s International Financial Reporting Standards (IFRS) S2 Climate-related Disclosures establishes clear requirements for identifying, assessing, and reporting climate-related risks and opportunities—ensuring greater transparency for investors and stakeholders. The primary goal of IFRS S2 is to provide […]
CSRD and ISSB interoperability: A unified approach to transparency and sustainability
In May 2024, the IFRS Foundation and the European Financial Reporting Advisory Group (EFRAG) published interoperability guidance for the European Sustainability Reporting Standards (ESRS) under the Corporate Sustainability Reporting Directive (CSRD) and the International Sustainability Standards Board (ISSB) standards. This guidance is designed to help organizations reporting under both frameworks streamline their disclosure processes and […]
CSRD vs. ESRS: Breaking down the key differences
Sustainability reporting is evolving. Here’s what consultants need to know. Companies operating in the European Union (EU) or doing business with EU entities are facing a major shift in sustainability reporting. The Corporate Sustainability Reporting Directive (CSRD) is now in force, setting new legal requirements for corporate disclosures on environmental, social, and governance (ESG) topics. […]
CSRD thresholds explained: 4 steps to determine if a client is subject to reporting rules
The Corporate Sustainability Reporting Directive (CSRD) is reshaping sustainability disclosure requirements across the European Union. For consultants advising clients on regulatory compliance, understanding CSRD’s thresholds is critical. These thresholds determine which businesses must comply, the timelines for reporting, and the steps consultants should take to help their clients navigate compliance. It’s critical that companies operating […]
Why are financial institutions still assessing OSFI B-15 compliance manually?
A guide to automating the ESG compliance auditing process Federally regulated financial institutions in Canada are under increasing pressure to disclose their climate risk under a variety of standards — in particular, OSFI B-15. For most companies, assessing OSFI B-15 can be a painstaking manual process that consumes their sustainability or compliance teams, taking time […]
How to assess CSRD compliance faster than traditional audits
Complying with the Corporate Sustainability Reporting Directive (CSRD) requires companies to truly overhaul their ESG disclosure. For most companies, complying with the CSRD’s ESRS standards will mean combing through every part of their business—strategy, operations, governance, and supply chains—to surface data that is often buried in different systems and teams. That means weeks of manual […]
Business is booming for ESG auditors. Can they keep up?
As ESG disclosures move from voluntary to mandatory, the role of the ESG auditor is now in the spotlight. Companies that provide ESG auditing and assurance services are no doubt seeing more client requests than ever before, but can they keep up with the demand? Faced with assessing compliance across a broad array of concerns […]