This document has been split into two parts. The first will develop the definitions and identify the fundamental aspects of each of the E, S and G factors in terms of strategy and governance, risk management and establishing the reporting framework.
The second part will focus on the process of Internal Audit work on ESG criteria by considering the approaches, tests and indicators that can be used as reference.
Our proposed model will be very useful as a guide to managing the supervision of the ESG aspects, although each Internal Audit team will have to adapt, develop, and complete it with reference to the nature, circumstances and context of their organization. In short, this is an essential publication prepared by a Technical Committee of experts who have put their experience and knowledge at the service of the whole profession and we would like to
express our gratitude for their work and dedication.