Non-financial information (NFI) is vital for companies and stakeholders to make sound business decisions. It makes environmental, social and governance impacts transparent to support moving to more sustainable economies.
As the importance of NFI is growing, stakeholders also need to know if the information can be trusted. Independent, external assurance enhances the reported NFI’s reliability, strengthens confidence in markets and contributes to the global sustainable finance objectives.
This publication explores three conditions to develop and ensure high-quality NFI assurance:
- EU regulatory framework mandating assurance
- professional standards applicable to all assurance service providers
- public oversight of assurance service providers