The Benefits of Assurances

How Do Internal and External Assurances Benefit the Report Reader?

This module will help you assess whether the information in a sustainability report is credible.   It explains procedures, called assurances, that organizations use to provide report readers some confidence that the information is reasonably accurate, honest, and reliable for decision making.

Many different types of assurances can be found in reports (some subtly).   Assurances are both internal, provided by management, and external, provided by an independent third party.   For the same reasons that financial statements for publicly-traded companies are audited, assurance procedures and statements let readers know that sustainability reports fairly represent a company’s performance.