The Internal Audit Professional Series is a comprehensive 18-module training program designed to transform internal audit professionals from foundational competence to strategic excellence. Developed and published by Business Excellence, a leading advisory and consultancy firm specializing in internal audit, risk management, corporate governance, and business strategy, this series delivers practical, actionable knowledge aligned with the Global Internal Audit Standards (GIAS 2024).
Module 17: ESG Auditing provides comprehensive guidance for assessing sustainability risks, controls, and disclosures in today's rapidly evolving ESG landscape. This module equips professionals with practical frameworks for evaluating environmental, social, and governance performance aligned with major reporting frameworks including GRI, SASB, TCFD, and ISSB.
This module covers 7 comprehensive sections:
1. ESG Risk Universe Identification – Understanding ESG risks through comprehensive environmental risk catalogs covering climate change, resource use, pollution, biodiversity, and waste management. Features social risk identification checklists covering human capital, labor practices, health and safety, community relations, and supply chain labor, governance risk assessment frameworks, and ESG risk prioritization matrices.
2. ESG Governance Assessment – Evaluating accountability structures through board ESG oversight evaluation covering composition, ESG committees, meeting frequency, director training, and reporting quality. Includes ESG policy review procedures, ESG committee effectiveness assessment, and accountability structure review examining roles, reporting lines, performance metrics, and incentive alignment.
3. Environmental Control Testing – Auditing environmental performance through emissions data verification procedures covering data sources, calculation methodology, emission factors, boundary definition, and third-party verification review. Features environmental compliance testing for permits and regulations, climate risk assessment methodology aligned with TCFD, and environmental management system review procedures.
4. Social Factor Assessment – Auditing social performance through human capital management review covering workforce composition, turnover analysis, training investment, engagement scores, and compensation equity. Includes supply chain social risk assessment with supplier screening and audit programs, community impact evaluation, and diversity, equity, and inclusion program testing.
5. ESG Data Quality Assurance – Verifying the numbers through ESG data collection process review examining sources, procedures, responsibilities, systems, and quality checks. Features data accuracy testing procedures including sample verification, calculation testing, reasonableness analysis, and reconciliation to source, plus ESG data governance assessment frameworks.
6. ESG Disclosure Review – Reviewing what gets reported through framework compliance testing for GRI, SASB, TCFD, ISSB, and CDP requirements. Includes disclosure completeness assessment, greenwashing risk evaluation examining vague claims, lack of evidence, selective disclosure, and misleading comparisons, and external assurance coordination procedures.
7. ESG Audit Program Integration – Making ESG part of your audit plan through ESG risk integration into audit planning, engagement design options for standalone ESG audits, operational audit components, and data quality reviews. Features audit committee reporting frameworks, competency building guidance, ESG audit program maturity model, technology tools overview, and ESG regulatory landscape analysis covering SEC, EU CSRD, ISSB, and California requirements.
This module includes ready-to-use tools such as environmental and social risk catalogs, ESG risk prioritization matrices, board oversight evaluation checklists, emissions verification procedures, climate risk assessment frameworks, human capital review templates, supply chain audit checklists, DEI program testing procedures, data quality assessment frameworks, framework compliance checklists, greenwashing evaluation guides, ESG audit testing templates, report structures, and continuous monitoring KRI examples.
The Internal Audit Professional Series progresses through four levels: Foundation (Modules 1-5), Core Processes (Modules 6-10), Specialized Practice (Modules 11-14), and Advanced Application (Modules 15-18). Save significantly by purchasing the complete 18-module bundle.
Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in ESG, Audit Management PowerPoint Slides: IA Professional Series - M17 - ESG Auditing PowerPoint (PPTX) Presentation Slide Deck, Amer Morgan
This document is available as part of the following discounted bundle(s):
Save %!
Internal Audit Professional Series - Advanced Application
This bundle contains 4 total documents. See all the documents to the right.
Save %!
Internal Audit Professional Series - COMPLETE PROGRAM
This bundle contains 18 total documents. See all the documents to the right.
Audit Management ESG ISO 19011 Sustainability 5S Corporate Social Responsibility Supplier Management Configuration Management
|
Download our FREE Organization, Change, & Culture, Templates
Download our free compilation of 50+ slides and templates on Organizational Design, Change Management, and Corporate Culture. Methodologies include ADKAR, Burke-Litwin Change Model, McKinsey 7-S, Competing Values Framework, etc. |