Sustainability Assurance
Assessing Sustainability Reports against AA1000AS
Companies are increasingly realizing that Corporate Responsibility or Sustainability Reporting is about more than just being a good corporate citizen; it drives innovation and promotes learning, which helps companies grow their business and increase their organization’s value. The non financial reporting has improved with the understanding that the non financial issues are becoming important for contributing towards value creation and environmental conscience. TÜV UK is a licensed assurance provider for delivering the AA1000 Assurance Standard.The AA1000AS (2008) assurance provides a platform to align the non-financial aspects of sustainability with financial reporting and assurance.
It provides a means for assurance providers to go beyond mere verification of data, to evaluate the way reporting organisations manage sustainability, and to reflect that management and resulting performance in its assurance statements.
Target groups for Sustainability Assurance
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contribute to sustainable development
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make sustainability assurance and climate protection part of their image
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want a way of communicating sustainability approach already achieved in their processes
Benefits of Sustainability Assurance
Sustainability Assurance Service aims to provide a means to put a wide range of other verification and certification schemes that deal with specific dimensions of sustainability such as those for greenhouse gas emissions, environmental management systems, sustainable forest management or fair trade labelling in a wider context.
Successful assurances by TÜV UK as per the AA1000 Assurance Standard (2008) offers a way of standing out from the competition and communicate sustainability reporting to multiple stakeholders who are environmentally aware. In addition, monitoring of sustainability performance data opens up savings potentials for the manufacturer, with reductions also leading to real financial benefits. Performance also leads to real commercial advantages.
Pre-requisites for certification
The pre-requisite for assurance is to have the sustainability performance information of the respective organisation in accordance with AA1000AS (2008) standard in place. This can be performed by the organisation or by a consultant. Sustainability Assurance includes evaluation of the organisation’s adherence to AA Principles and the verification of sustainability performance data.
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