Developing, Implementing, and Regulating a Sustainability Assurance Process

The article addresses challenges in sustainability reporting assurance, highlighting regional differences, such as Australia's introduction of sustainability standards, South Africa's voluntary adoption, and the EU's mandatory assurance for large companies. Key issues include conflicts of interest, the speed of developing standards and internal controls, and the disparity in practices between regions. The evolving legal landscape, the expectation gap, and the need for consistent methodologies and ethical standards are critical to ensuring reliable, global sustainability reporting.