Environmental Reporting

With widespread adoption of Independent Financial Reporting Stabdards (IFRS), there remains a possibility that a uniform framework for environmental and sustainability reporting will emerge.  This will give a level of prominence to environmental costs, benefits, and sustainability within financial statements.

Environmental and sustainability reporting, taking account of an organisation’s impact on the planet, have become a high priority for shareholders and regulators a like.

How BDO can assist you

We provide the following services:

Advisory

  • Development of:
    - environmental and sustainability reporting policies
    - supply chain monitoring and purchasing policies
    - financial reporting structures to provide timely, readily accessible and reliable environmental information to satisfy the interests of stakeholders.
  • corporate governance improvement advice
  • understanding and interpreting new regulatory requirements and prohibitions (including related taxes and subsidies)
  • understanding and interpreting tradable permits and certificates used by governments to achieve a variety of sustainability enhancing objectives
  • environmental and sustainability risk assessment.

 Assurance

  • Reporting on:
    - internal compliance with voluntary codes on environmental performance
    - the application of environmental and sustainability corporate governance policies
    - the application for tradable permits and certificates used by governments to achieve a variety of sustainability enhancing objectives.
  • adding credibility to the reporting of information about environmental performance and sustainability.

Our clients benefit from our understanding of the regulatory and reporting requirements. 

We provide knowledge of:

  • how to report to stakeholders
  • the financial incentives on offer
  • the penalties in place). 

As a firm we have strong credibility within financial and environmental reporting.

For further information on how BDO can help please contact either Ian Plunkett and Iain Lowson, or your local BDO advisor.