Whatever you know (or knew) about non-financial reporting, it’s time for a refresh. 

The year 2020 kicked off with Larry Fink (BlackRock CEO) issuing a letter to CEOs announcing environmental sustainability as a new standard for investing.  Despite a global pandemic – or perhaps because of it – COVID-19 has put a fresh spotlight on social, health and governance issues.  GRI and IFRS Foundation have issued sweeping statements and changes for public comment.  SASB and the IIRC announced intent to merge on November 25, 2020.  

The Internal Audit community has heard Doug Hileman talk about risks, opportunities, and Internal Audit’s role in non-financial reporting for many years.  For many internal auditors, it was their first exposure to non-financial reporting. Many did not know their organizations published reports for external distribution (GRI, CDP, etc.), or there were expectations for disclosures in financial filings (SASB), the extent of B2B sustainability reporting with suppliers and customers.  Or the array of stakeholders making serious decisions based on these reports. 

Contact us for support on audits, developing non-financial reporting programs, training, or other needs for sustainability/ non-financial reporting.