COSO released its eagerly anticipated resource: “Achieving Effective Internal Control over Sustainability Reporting (ICSR): Building Trust and Confidence through the COSO Internal Control-Integrated Framework,” which provides informal guidance to companies on how to apply its well-established and widely used 2013 Internal Control – Integrated Framework to sustainability / ESG disclosure—whether voluntary or mandated. The sole aim of the publication is to facilitate effective internal control over reporting of sustainability / ESG / nonfinancial business data and information.
The Society is working with COSO to host two virtual member roundtables on the new guidance. The first roundtable is planned for in-house members only on May 11 at 2 pm ET. The second roundtable, which will be open to all members (including in-house, law firm, and consultant members), is planned for July (date TBD shortly). Invitations for both roundtable sessions are forthcoming.
Any questions about or suggestions for the roundtables should be directed to Randi Morrison at rmorrison@societycorpgov.org.