Promoting Transparency and Accountability Through Regulatory Compliance
The rising tide of government and financial regulations, including CSRD, ISSB, and SFDR, to name just a few, is requiring organizations to produce disclosures at an increasing volume, with the goal of promoting transparency and accountability for environmental initiatives and reporting. The disclosure process involves a multi-step process of data collection and analysis, materiality assessment, process definition, documentation, validation, quality control, and reporting – all under the scrutiny of regulatory agencies and stakeholders. Disclosures are becoming more complex all the time, requiring a rigorous framework to ensure data integrity and a high level of accuracy in reporting.
Canopy Edge Engagement Framework: Disclosures
Initiate
- Analyze past disclosures
- Define materiality
- Establish reporting framework
- Data collection
- Internal stakeholder map
Process
- Calculations
- Documentation and verification
- Address gaps and uncertainties
- Secondary quality control review
- Prepare disclosures
Outcome
- Final content delivery
- Executive presentation
- Recommendations
- Transparency and accountability
- Meet stakeholder demand
- Protect and improve reputation