This standard is designed to provide a global baseline for assurance engagements on sustainability information, addressing the growing demand for reliable and comparable sustainability reporting.
The Scope
ISSA 5000 aims to enhance the credibility and transparency of sustainability disclosures, enabling stakeholders to make informed decisions. It establishes comprehensive requirements and guidance for assurance providers, covering various aspects of sustainability reporting, including environmental, social, and governance (ESG) factors.
The Importance of ISSA 5000
This standard is particularly relevant in the context of increasing regulatory requirements for sustainability reporting, such as the EU's Corporate Sustainability Reporting Directive (CSRD). ISSA 5000 promotes consistency and rigor in sustainability assurance, fostering trust in reported information. It is designed to be applicable across various sustainability frameworks, and to be utilised by a wide range of assurance practitioners.