Sustainability Assurance

Moores Rowland in Indonesia is an Organizational Stakeholder of the Global Reporting Initiative (GRI) and licensed as an assurance provider by Accountability (UK). In undertaking its assurance assignments to provide credibility to company sustainability reports, Moores Rowland utilizes the following Assurance Standards:​

• International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other than Audits or Reviews of Historical Financial Information.

Meanwhile, the criteria used are:

• GRI Standards;
• International Standard on Assurance Engagements (ISAE) 3000, “Assurance Engagements other than Audits or Reviews of Historical Financial Information”

The design of these evidence gathering procedures enables Moores Rowland to obtain a limited level of sustainability assurance in order to provide confidence to report readers of the reduction of risks or errors to a very low level, although not necessarily to zero.

As an Organizational Stakeholder of GRI, Moores Rowland is also a promoter of the whole concept of sustainability reporting and provides consultancy as well as training to both business executives and government officials on what responsible sustainability reporting actually entails.

Basically, Sustainability Reporting is reporting on the economic, environmental and social policies, impacts and performance of an organization and its products in the context of sustainable development. Commonly referred to as Triple Bottom Line Reporting, it underlines the fact that in carrying out its operations a company has responsibilities to the environment and society at large as well as to its own shareholders. As such, it is not sufficient for a company to just report its successes but also to outline the challenges and problems it faces and how it plans to address these issues.    

Sustainability reporting has grown rapidly over the past decade and today over 80 per cent of Fortune 500 listed companies produce sustainability reports. Moreover, to have these reports verified by an independent external party only adds to the veracity of their content. While such reporting is not generally obligatory, there is growing demand to meet the expectations of stakeholders in this regard. In addition, it seems likely that other exchanges will follow the lead of the Singapore Exchange, which has introduced mandatory sustainability reporting for all listed companies from financial year 2017.

Being an Organizational Stakeholder of GRI enables Moores Rowland in Indonesia to stay abreast of the latest developments, thus making it sound business sense to contact Moores Rowland for all your questions in regard to Sustainability Reporting.