Reporting and Assurance of Non-financial Information

View this page in: Français

Disclosing sustainability data far more than a public relations exercise

In today’s connected world, corporations are held to a higher standard of accountability than in the past. The days of simply reporting on financial performance are gone. Influential groups such as investors, employees, and activist groups now expect companies to also disclose information on their environmental and social performance. Because of this, more and more companies now issue annual Sustainability Reports (also referred to as “Corporate Responsibility” or “Triple Bottom Line” Reports).

Sustainability reporting is not a public relations exercise. These reports contain factual information about a company’s policies, programs, and performance, as well as management’s analyses and interpretations of that performance. These reports help the reader understand how the company’s operations impact society and the natural environment, and what the company is doing to reduce the negative impacts.

Currently, companies issue their sustainability reports voluntarily. However, because these reports are provided to actual and potential investors, the companies are held to the same standard of care as they are for required reports by investors and securities regulators. Reports that contain errors and misinformation can result in more than just embarrassment to the company.

How we can help

We can assist you by:

  • Benchmarking and evaluating best reporting practices within your industry or across industries
  • Selecting and/or developing relevant performance indicators
  • Developing and improving upon business and IT systems and processes that support non-financial reporting.
  • Serving as the external assurance provider on the performance information in your sustainability report

About Our Sustainability Reporting and Assurance Practice

PricewaterhouseCoopers LLP is one of Canada’s leading providers of sustainability reporting and assurance services. Since 2001, we have assisted some of Canada’s largest and most successful companies prepare high quality and credible sustainability reports, and many of our clients’ reports have won awards or been recognized by Canadian and international organizations. Our assurance teams comprise scientists, engineers, accountants and other professionals with experience and training in all aspects of sustainability reporting and assurance. We are knowledgeable of the Global Reporting Initiative (GRI) Guidelines and our assurance work is performed in accordance with the International Standard for Assurance Engagements (ISAE 3000).