ESG Controllership

ESG is undoubtedly becoming a focus point for Executives, Company Directors, regulators and investors.
For CFOs and Corporate controllers, the ability to produce reliable and auditable ESG information as part of financial reporting will be key to their functions, as it is currently having reliable financial statements.
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ESG ICFR Integration
We specialise in integrating the ESG processes into the existing internal control over Financial reporting process (ICFR).
We can help your organisation to map the required controls and define which checks and balances are necessary to ensure a reliable and auditable generation of ESG metrics for your organisation.
We use the COSO framework to map internal controls over financial reporting and follow the IFRS-SASB Standards for ESG reporting. These, in our view, are the most mature frameworks today for integrating ESG into financial reporting controls.
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ESG Reporting readiness
We follow industry-specific guidelines (we have long experience in O&G, Industrials, House building, and Asset Management) to assess the current vs desired stage of maturity of ESG reporting processes. Also, we can help you deliver consistent progress and keep you on track to reach the required improvements on a reasonable timeline.
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We can help you develop and deliver non-financial data analysis on key performance elements, such as:
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Greenhouse Gas (GHG),
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Air quality,
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Water management,
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Biodiversity impact,
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SHRRIP (Security & Human rights),
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Community Relations,
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WFHSE (Health & Safety),
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RVCE (Reserves Valuation & Capital Exp.),
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BET (Ethics & Transparency),
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MLRE (Management of legal and regulatory Environment),
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& CIRM (Critical Risk Incident Management).
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ESG Controllership assessments
We have extended experience in delivering internal control testing under SOX and UK requirements; these control requirements are expected to extend even further and cover ESG reported information. We can help you with these assessments and collaborate with your existing finance team to fix any gaps uncovered through these assessment reviews.
Additionally, we can help you with tailor-made ESG self-Assessments, which can be a valuable tool for ensuring the traceability of the review process by CFOs and controllers on ESG metrics.
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Let's Work Together
210-214 Union Street, Aberdeen AB10 1TL, Scotland, United Kingdom.
information@soxconsulting.co.uk
Tel:+44 (0)1224 013 037