Independent Assurance of BRSR, ESG & sustainability reports
Build Trust and Transparency
BRSR Assurance or ESG Assurance stands as a cornerstone in your commitment to ESG and Sustainability disclosures.
Consultivo offers both Reasonable and Limited Assurance, Assessment, and Audit services, ensuring transparency and accountability of your BRSR, Sustainability and ESG Reports.
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With a focus on Independent External Assurance of Sustainability Reports, ESG Reports and BRSR, we deliver comprehensive evaluations tailored to your needs, empowering your organisation to drive positive change and sustainable practices.
01. Reasonable Assurance
ESG and BRSR Reasonable Assurance
Build Trust. Enhance Transparency.
As a qualified third-party provider, Consultivo Assurance ensures the accuracy and completeness of a company’s disclosures through ESG and BRSR Assurance services.
It is not an absolute guarantee, but rather a level of confidence based on sufficient procedures to identify material misstatements.
BRSR Reasonable Assurance
BRSR CORE is a subset of BRSR focusing on a set of key performance indicators (KPIs) across nine ESG attributes (e.g., environment, climate change, community, employee relations, etc.)
These KPIs are specifically chosen for their relevance to the Indian context and are mandatory for BRSR Reasonable Assurance.
2. Limited Assurance
ESG and BRSR Limited Assurance
Limited assurance, in the context of BRSR in India and ESG Report verification, refers to a less in-depth review of a company’s ESG disclosures compared to reasonable assurance.
While limited assurance provides some level of assurance on the reported information, it offers a less comprehensive assessment compared to reasonable assurance.
BRSR Assurance Scope
Limited assurance focuses on a smaller sample of data and areas within the BRSR report.
Verification Level
It involves fewer verification procedures compared to reasonable assurance, providing a lower level of confidence in the conclusions.
Application
This type of assurance is typically used when a company is on their process to meet the requirements for reasonable assurance, perhaps due to being new to ESG reporting or having complex data collection processes.
How we Assess and Certify
Consultivo Approach and Methodology for Independent ESG Assurance & BRSR Assurance
In line with AA1000AS & SSAE 3000
Planning & Scoping
Understand your organisation, ESG/BRSR goals, and reporting framework. Define the scope and limitations of the ESG and BRSR assurance engagement.
Risk Assessment & Materiality
Identify key ESG/BRSR risks and their potential impact on reporting. Determine materiality - what's most important to stakeholders.
Information Gathering & Controls
Review your ESG/BRSR data collection processes and internal controls. Gather relevant documentation and evidence to support your reporting.
Analytical Procedures & Testing
Perform analytical procedures to assess data accuracy and completeness. Conduct targeted testing of key controls related to ESG/BRSR reporting.
Communication & Reporting
Discuss findings with management and address any identified issues. Issue an independent assurance report with conclusions and recommendations.
Assurance Frameworks: Consultivo's Approach to ESG & BRSR Assurance
AccountAbility Assurance Standard (AA1000AS v3)
Designed for sustainability assurance, AA1000AS builds upon ISAE 3000 and integrates the AA1000 Accountability Principles, emphasizing stakeholder inclusivity, materiality, and responsiveness.
SSAE 3000 and SAE 3410
Standard on Assurance Engagements Assurance Engagements on Greenhouse Gas Statements, issued by The Institute of Chartered Accountants of India (ICAI)
ISAE 3000(Revised)
International Framework for Assurance Engagements by IAASB - International Auditing and Assurance Standards Board. This international standard provides the core framework for conducting assurance engagements, including risk assessment, evidence gathering, and reporting.
GLOBAL Experience
Transforming businesses for a sustainable tomorrow.
Ready to Shine a Light on Your Sustainability Efforts?
Contact Consultivo today to discuss how our BRSR Assurance or ESG Assurance services can help you achieve your ESG and BRSR reporting goals.
What You Gain
- Increased stakeholder confidence in the credibility and transparency of a company’s BRSR and ESG disclosures
- Improved risk management and identification of potential ESG issues
- Enhanced brand reputation and competitiveness
- Stronger Stakeholder Relationships
Leading the Way: Consultivo's Edge in ESG & BRSR Assurance
Unmatched Expertise
Tailored Solutions
Brand Reputation & Client Focus
Cost-Effective Efficiency
Sustainability Champions
Deep Dive, Not a Glance
Industry Expertise
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Consultivo partners in your BRSR journey
1. Gap Assessment of BRSR Requirements
2. BRSR Planning, Handholding and Implementation Support
3. Development of Monitoring Framework
4. BRSR Reporting and Communication
5. BRSR Peer Industry Benchmarking
About Consultivo
Consultivo is one of the leading ESG Consultants in India
An Advisory, Research, Audit & Training organisation helping global businesses in the areas of Sustainability, Business Excellence & Risk Management both at the strategic and operational levels.
Major service verticals include Safety, Sustainability, Environment & Energy, CSR, Management Systems, Organisational Development and Human Capital Development. Consultivo works with 100+ National and International Sustainability related codes, standards and guidelines.
Apart from Independent External Assurance, as a leading ESG Consultant based in India, Consultivo offers ESG Materiality Assessment and Strategy Consulting, ESG Implementation Handholding, Stakeholder Mapping and Engagement, ESG, Sustainability and BRSR Report Preparation and ESG Report Design.
Consultivo Academy offers training and capacity building services both in conventional and new age e-learning platforms.
Browse our Featured Blog
Read a few of our stories as we partner organisations as an ESG, Sustainability and People Advisory Consulting Firm.
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Curiosity Zone
Some more answers to your questions – FAQ
What are the main categories of assurance?
There are two main categories:
Internal Assurance or Agreed Upon Procedures (AUP):
This involves processes, procedures, and activities conducted within an organization, either by management or third-party consultants, to ensure the effectiveness of operations and the reliability of reporting.
Examples include internal audits, report validation, management reviews, and control self-assessments.
External Assurance:
This involves the evaluation and validation of an organization’s operations, processes, and reporting by an independent third party to enhance credibility and confidence among stakeholders.
What are the classifications of external assurance engagements according to SSAE 3000?
External assurance engagements are classified as follows:
Reasonable Assurance Engagement:
This is akin to an examination engagement, such as a Statutory Audit.
It involves gathering sufficient and appropriate evidence to support an opinion, reducing engagement risk to an acceptably low level.
The practitioner’s conclusion conveys their opinion on the evaluation of the subject matter against criteria, framed positively based on the procedures performed.
Limited Assurance Engagement:
This is comparable to a review engagement, like a Limited Review of quarterly results.
The nature, timing, and extent of procedures performed are limited compared to reasonable assurance but aim to obtain a meaningful level of assurance.
Conclusions are expressed negatively, indicating no indication of incorrectness in the management’s assertion based on the testing performed.
What are the levels of assurance, ranked by confidence?
The levels of assurance, from the lowest to the highest degree of confidence, are as follows:
- Internal Audits/Validation/Agreed upon procedures
- Limited Assurance
- Reasonable Assurance
- Absolute Assurance
