External assurance is pivotal for bolstering trust and confidence in financial and non-financial reporting.

The International Auditing and Assurance Standards Board has introduced the International Standard on Sustainability Assurance (ISSA) 5000 to advance trust in sustainability information among investors, regulators, and stakeholders.

This global standard, set to be finalised by the end of 2024, encompasses comprehensive requirements for sustainability assurance engagements, applicable across various sustainability topics and frameworks, including the recently introduced IFRS Sustainability Disclosure Standards S1 and S2.

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