Deloitte Highlights Need to Manage Risks of Sustainability Reporting
Deloitte's publication 'Sustainability Reporting: Managing risks and opportunities' provides a good summary of drivers for disclosure of sustainability data, and associated risks (reporting discrepancies, greenwashing, fraud and litigation). Deloitte suggest that companies should start by reviewing who is requesting sustainability information; those within the companies that respond to these requests; data collection process and quality assurance of data, and review procedures prior to distribution and what data gets distributed.
About the author: Mehrdad Nazari (MBA, MSc, LEAD Fellow) is a Corporate Responsibility, Sustainability Reporting & ESIA Advisor, and Director of Prizma. He was previously an environmental consultant with Dames & Moore, Principal Environmental Specialist at the EBRD and CSR Research Director at CoreRatings. Mehrdad is a GRI-approved trainer on GRI's sustainability reporting framework and a licensed AA1000 Assurance Provider.