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 | “I joke that I've been leading our [ESG] services for over a decade now, and more has happened in the last 10 months, 10 days, or 10 minutes than in the last 10 years combined” | – Kristen Sullivan, Global Audit & Assurance Sustainability and Climate Services Leader, Deloitte | | |
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ESG reporting offers a tremendous opportunity for accounting firms, whether in helping companies set up the systems needed to make disclosures, or in auditing the results to make sure they're reliable. Explore this series → | ESG reporting offers a tremendous opportunity for accounting firms, whether in helping companies set up the systems needed to make disclosures, or in auditing the results to make sure they're reliable. | Explore this series → |
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| We asked some of the most experienced practitioners in the field to share their tips on how to conceive, stand up, staff and otherwise succeed with an ESG practice. |
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| This article scopes out the size and shape of the opportunity for ESG related services, starting with the consulting and systems-building work that firms are able to do now, as well as the audit and attest work that will pick up later. It describes a standard ESG consulting engagement, and the skills and staffing firms should think about to get involved. |
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| Climate has really dominated the conversation, based on the rules that are happening both in the U.S. and globally, but that may start changing soon, with interest in reporting in areas like workforce diversity, employee health and safety, cybersecurity and other social and governance concerns on the rise. |
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| Like any area that's of interest to accounting, ESG is rife with acronyms and jargon, covering everything from a multitude of reporting frameworks and standard-setters, to new business entities and major ratings players. A sampling of some of the more important is included in this glossary. |
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Join as a subscriber to access this series and all of the exclusive content scheduled to be released in 2023, for only $6 $3/week during our New Year sale. |
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