Â鶹AV

Zvi Singer

Professor, Department of Accounting
HEC Montreal

ESG Assurance and Comparability of Greenhouse Gas Emission Disclosures

Date: Friday, September 6, 2024
°Õ¾±³¾±ð:Ìý12:00 PM – 13:30 pm
Location: Bronfman building, Room 310

Following an increase in environmental, social, and governance (ESG) regulations around the world, a recent rule from the SEC mandates expanded ESG disclosure, including the external assurance of reported greenhouse gas (GHG) emissions. Among the potential benefits of this impending regulation, the SEC stipulates an increase in reporting comparability. In this study, we examine the effect of ESG assurance on comparability and find that companies with ESG assurance report more comparable GHG emissions. Comparability is further enhanced when companies use the same assurance provider and when the provider is more experienced. We also find some evidence that comparability is higher when assurance is provided by consulting and engineering firms than by accounting firms. Our study provides important insights on the value of ESG assurance to the SEC and other regulators worldwide. Moreover, our study specifically suggests that assurance plays an active role in standardizing the reporting process for GHG emissions, and that the SEC’s external assurance requirements have the potential to benefit comparability as intended by regulators.

We are proud to announce that our event has been awarded a Gold Sustainable Event certification by the Â鶹AV Sustainable Events program run by the .

Ìý

Nous sommes fiers d’annoncer que notre événement a été certifié comme événement ¶Ù’O°ù par le programme Événements durables Â鶹AV du