Skip to content

CS Professional · Environmental, Social and Governance (ESG) - Principles and Practice · Integrated Reporting Framework, Global Reporting Initiative Framework and Business Responsibility and Sustainability Reporting

Sagar Chemicals Ltd reports that its manufacturing plants consumed 50,000 GJ of energy and discloses greenhouse gas emissions under BRSR Core. The assurance provider notes that the emissions figure was computed using an undisclosed methodology and could not be traced to source data. What is the best consequence for the assurance engagement?

The assurance provider cannot support a reasonable assurance conclusion on that indicator. Reasonable assurance depends on sufficient, appropriate and traceable evidence and a disclosed methodology. A plausible figure without source data fails this standard, so the gap must be remedied before an unmodified conclusion can be given.

  1. AThe provider can give reasonable assurance since the figure appears plausible
  2. BThe provider cannot obtain sufficient appropriate evidence, so a reasonable assurance conclusion on that indicator is not supportable without remedying the gapCorrect
  3. CThe provider should drop the indicator and report it as assured by management
  4. DThe indicator becomes exempt because it is quantitative

Explanation

Reasonable assurance requires sufficient appropriate evidence, including traceable data and a disclosed methodology. A plausible but untraceable figure fails this test. Management cannot claim assurance on its own, and quantitative indicators are not exempt.

Did you get it right without looking?

One question tells you little. A timed set on Integrated Reporting Framework, Global Reporting Initiative Framework and Business Responsibility and Sustainability Reporting shows your real accuracy, how long you take and where you lose marks.

Practise Integrated Reporting Framework, Global Reporting Initiative Framework and Business Responsibility and Sustainability ReportingFree diagnostic mock

More Integrated Reporting Framework, Global Reporting Initiative Framework and Business Responsibility and Sustainability Reporting questions