External Assurance Services to be offered
TÜV Rheinland India has announced that it would offer to companies in India and globally, external assurance services for “Corporate Sustainability reports” as per international standards. TUV Rheinland India is an accredited service provider by AccountAbility, UK for conducting external third party assurance of Corporate Sustainability reports/CSR/ESG reports and one of the very few companies in India offering this service.
Enrico Ruhle, MD, TUV Rheinland India, said, "Activities in the field of CSR are becoming increasingly important for investors and other stakeholders, who are increasingly demanding more transparency in the sustainability reports of organisations. External Assurance/Verification of these reports by an independent third party like TUV Rheinland, helps achieve significant benefits in terms of increased credibility and reduced risk and helps the company demonstrate its commitments towards CSR performance and Sustainable development”.
He added, “TUV Rheinland follows a three step prodecure for testing of sustainability reports. In the first step there is an Initial data review, due-diligence followed by the second step in which our experts conduct on-site assessment verifying report contents, consultation with stakeholders and provide detailed explanation of the verification results to the company and finally we issue Assurance Statement having AA 1000 logo for the incorporation in Corporate sustainability report/CSR/ESG report.”
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