Internal auditors' role in addressing ESG reporting challenges at Deloitte India / Suraya Yusof and Saflina Azis

Examining the roles of internal auditors in Environmental, Social, and Corporate Governance (ESG) reporting at Deloitte India reveals the evolving business landscape where organizations face scrutiny not only on financial performance but also on environmental, social, and governance impact. Social audit, assessing an organization's ethical performance, complements financial metrics, aligning goals with practical operations. ESG reporting, once a trend, is now crucial for public assessment, aiming to manage risks alongside seizing opportunities. Its significance in finance is growing, influencing investment decisions, and companies' transparent communication of ESG initiatives affects their financial access. Deloitte India confronts challenges like climate change and diversity, underscoring the vital role of internal auditors in navigating ESG reporting complexities. Their responsibilities encompass assurance beyond financial audits, ensuring accuracy and transparency in ESG reporting. The subsequent sections of this report delve into specific roles, challenges, recommendations, and conclusions regarding Deloitte's internal auditors in ESG reporting.