ESG Assurance

Understanding ESG Assurance

ESG assurance is an independent evaluation of an organization’s ESG disclosures to enhance transparency and trust among stakeholders. This process involves reviewing sustainability data, verifying ESG metrics, and ensuring compliance with carbon accounting standards.

There are different levels of ESG assurance, including:

1. Pre-Assurance & ESG Readiness Assessment

Before undergoing full ESG assurance, businesses often require preliminary ESG assurance to assess the completeness and accuracy of their ESG data. This phase includes:

• ESG pre-assurance – Evaluating ESG reporting structures before formal assurance
• Sustainability assurance prep – Preparing sustainability reports for external verification
• ESG assessment frameworks – Establishing internal processes for ESG compliance
• Assurance scope definition – Identifying key focus areas for assurance procedures

2. Limited Assurance vs. Reasonable Assurance

ESG assurance typically falls into two categories:

• Limited Assurance – A moderate level of confidence in ESG disclosures, where reviewers assess the plausibility of reported sustainability data without deep verification
• Reasonable Assurance – A higher level of scrutiny requiring comprehensive validation of ESG performance data, methodologies, and compliance with carbon accounting standards

Clenergize’s ESG Assurance & Data Validation Services

We support organizations through every stage of the ESG assurance process, ensuring compliance with industry standards and regulatory expectations.

1. ESG Assurance Support & Third-Party Verification

Our ESG assurance support services help businesses navigate the complexities of sustainability reporting and third-party ESG verification, including:

• ESG audits – Conducting internal ESG reviews to identify gaps and inconsistencies
• Third-party ESG verification – Engaging independent auditors for ESG assurance
• ESG assurance services – Providing tailored guidance on meeting assurance requirements
• Partial ESG reporting assurance – Ensuring that specific ESG disclosures meet verification criteria

2. Sustainability Data Verification & ESG Metrics Validation

Accurate ESG reporting requires robust data verification processes. Our sustainability data verification services cover:

• Carbon footprint data review – Ensuring accurate calculation of Scope 1, 2, and 3 emissions
• ESG metrics validation – Cross-checking sustainability indicators against reporting frameworks
• Sustainability method validation – Assessing methodologies used for data collection and emissions calculations

3. ESG Reporting & Compliance Assurance

Regulatory requirements for ESG assurance are becoming more stringent across various industries. Clenergize ensures:

• Compliance with carbon accounting standards such as the GHG Protocol and SBTi
• Alignment with sustainability reporting assurance frameworks, including IFRS, GRI, SASB, and TCFD
• Transparent reporting that meets investor and regulatory expectations

• Expertise in ESG audits, sustainability assurance, and third-party ESG verification
• Tailored ESG assurance services, from preliminary ESG assurance to full-scale data validation
• Compliance with international sustainability review standards and carbon footprint data verification
• Proven methodologies to enhance credibility and transparency in ESG reporting

Contact us today to enhance the reliability of your ESG disclosures with our assurance and data validation services.