Assurance standard for sustainability reporting launched
Published: Thursday 13 June 2002
AccountAbility has published an assurance standard, with the aim to provide a robust, credible framework for independent quality assurance of social and environmental reporting.
Background:
Social and environmental reporting is growing rapidly. The practice is dominated by large corporations with a high public profile, but it is also spreading to SMEs, public authorities and NGOs. The risk, however, is that there is no quality control of the reports.
On 12 June, the Institute of Social and Ethical AccountAbility published guiding principles for an Assurance Standard (AA1000S). The surge in social and sustainability reporting has created transparency around business performance and impacts. Yet volumes of published data alone do not deliver credibility or indeed accountability. The aim of the Assurance Standard is to help closing this 'credibility gap'.
Next steps:
AccountAbility's Assurance Standard was launched in London on 12 June. It will also be presented in Brussels on 25 June, at an event organised by Nike and CSR Europe. Thereafter, there will be a consultation period leading to the launch of the full Standard and related Guidance Notes in September 2002.
Links
Time-saving overview & links to key documents and policy positions: