SGS has recently expanded its offerings with the launch of three new services under its IMPACT NOW suite.
These innovative services are designed to assist organizations in navigating the complexities of Corporate Sustainability Reporting Directive (CSRD) compliance and advancing Environmental, Social, and Governance (ESG) reporting and disclosures.
The introduction of these services is a response to the growing need for robust sustainability reporting tools that can meet stringent regulatory requirements while fostering transparency and accountability in ESG practices. The IMPACT NOW suite is particularly timely, given the increasing global focus on sustainable practices and regulatory compliance.
SGS is renowned for its comprehensive solutions in the sustainability sector, providing over two decades of expertise in disclosure and sustainability report assurance. The new services under the IMPACT NOW suite include CSRD Pre-Assurance, ESG Disclosures & Sustainability Report Assurance, and ESG KPI Verification & Assurance, forming a holistic approach to sustainability reporting.
The IMPACT NOW services are meticulously crafted to provide organizations with precise tools for ESG reporting. The CSRD Pre-Assurance service offers a “dry run” to identify and rectify gaps in sustainability reporting before formal evaluation, minimizing the risk of non-compliance. The ESG Disclosures & Sustainability Report Assurance service ensures that an organization’s public ESG disclosures meet all regulatory standards, promoting data integrity and transparency. Lastly, the ESG KPI Verification & Assurance service independently validates ESG metrics and targets, enhancing stakeholder confidence in the reported data.
Additionally, the IMPACT NOW suite aims to support organizations in reducing borrowing costs, preparing for initial public offerings (IPOs), and facilitating due diligence processes. These services are designed to bolster investor and stakeholder confidence through verified and assured sustainability practices.
Beyond the technical aspects, the IMPACT NOW suite represents SGS’s commitment to tackling the global challenges of climate change, biodiversity loss, and pollution. By embedding sustainability in every action, SGS aims to contribute to a nature-positive and pollution-free world.
SGS CEO Géraldine Picaud highlighted the significance of these developments, stating, “With the launch of our IMPACT NOW suite, we are providing organizations with innovative solutions to navigate CSRD compliance and enhance ESG reporting. This trio of services offers the clarity and confidence businesses need to address sustainability challenges, meet regulatory expectations and contribute positively to a more sustainable future.”
Keep up with all the latest FinTech news here.
Copyright © 2024 FinTech Global
