Despite an increase in environmental, social, and governance (ESG) disclosures that is expected to continue, a significantly low number of public companies have obtained audit firm assurance regarding that reporting, according to a new study.
The Center for Audit Quality (CAQ) issued a report on the landscape of recent S&P 500 public company ESG reporting and assurance. As of June, 95 percent of companies made their detailed ESG information publicly available. However, only 6 percent received assurance on the data from public company audit firms.
