The Association of Chartered Certified Accountants (ACCA) has published a report with recommendations for establishing high-quality sustainability disclosure and assurance frameworks in the UK and China.
ACCA recommendations (assurance):
- Clarify terminology, expectations and scope
- Use ISSA 5000
- Facilitate a diverse and efficient assurance market
- Establish an oversight regime
ACCA recommendations (reporting):
- Take a phased approach
- Engage proactively
- Build capacity and competency
- Leverage digital tools and enhance data
- Publish a roadmap with defined milestones