Environmental Reporting

With widespread adoption of International Financial Reporting Standards (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 alike.

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.