Synopsis of External Assurances

External Assurances Independent Third Party Reviews Third Party (Stakeholder) Commentaries
Definition Procedures that are used by assurance providers to determine data integrity Observations and recommendations that are made by an organization’s stakeholders
Purpose To ensure accuracy of sustainability information To improve sustainability performance
Result To determine if the information is correct To determine if the performance is acceptable
Approach Performed according to a professional standard Performed according to an agreed upon process between the organization and the stakeholders (no professional standards are available)