PROGRAMS

Assurance Services Based on WSSO Assurance Standards

Introduction to Assurance Services

As corporate sustainability reports become more widespread, ensuring the authenticity and reliability of information has become a critical requirement for businesses. Based on the WSSO Sustainability Information Disclosure Assurance Standards, the World Sustainable Development Standards Organization (WSSO) provides comprehensive assurance services to help companies enhance the credibility of their sustainability reports, thereby meeting the needs of key stakeholders, including investors, regulators, and consumers.

Through professional third-party assurance services, WSSO ensures that the ESG information disclosed by companies undergoes independent review and verification, with comprehensive transparency, thereby enhancing the credibility and reliability of reports. WSSO's assurance services are continually evolving and improving to adapt to changes in market and regulatory environments, ensuring that companies receive assurance support that meets the latest international standards and best practices.

WSSO's assurance services not only emphasize the accuracy and reliability of reports but also stress improving the quality of disclosures through multi-stakeholder collaboration. Close cooperation with companies, regulatory bodies, academia, and other stakeholders enables WSSO to provide more targeted and forward-looking assurance services, helping clients remain competitive in a rapidly changing sustainability environment.

Core Principles

WSSO's assurance services are based on the following four core principles, providing systematic assurance support for companies

Accuracy

Ensuring the accuracy of disclosed information, all ESG data must undergo thorough verification to avoid any significant errors or misleading information. Through rigorous verification processes, WSSO ensures that the information provided by companies stands up to scrutiny, thereby enhancing their reputation among stakeholders.

Completeness

The report must be comprehensive, covering all key performance indicators (KPIs) related to environmental, social, and governance (ESG) aspects. WSSO is assurance services help companies identify and disclose relevant ESG indicators while ensuring that the report contains all necessary information, allowing stakeholders to fully understand the company\'s sustainability performance.

Transparency

Companies must detail their data sources, calculation methods, and key assumptions to ensure that all information is transparently disclosed. Transparency is key to gaining stakeholder trust, and WSSO helps companies build a higher level of trust in their reports through standardized transparency requirements.

Independence

Independence is the foundation of third-party assurance. WSSO conducts independent reviews to ensure that the assurance process is not influenced by internal or external interests. Independent assurance ensures that a company is ESG information is authentic and reliable, further enhancing the trust of investors and other stakeholders.

Advantages of Assurance Services

Comprehensive Support

WSSO is assurance services cover the entire process from report design to final disclosure, helping companies identify potential issues in their reports and providing improvement suggestions. With comprehensive support, companies can ensure that their reports not only meet standards but are also competitive, standing out in the market.

Professional Team

WSSO is assurance team consists of experienced sustainability experts with deep industry knowledge and technical skills, providing high-quality assurance services to companies. The team members are internationally certified professionals, capable of offering the latest and most authoritative assurance guidance, as well as providing personalized recommendations based on specific circumstances.

Technological Innovation

By incorporating technologies such as blockchain and IoT, WSSO is assurance services have undergone digital transformation, enhancing assurance efficiency and reducing the costs and time associated with traditional audits. The application of technology not only makes the assurance process more efficient but also ensures data accuracy and reliability, reducing the risk of human error and helping companies modernize their data management.

Customized Services

Based on industry characteristics, WSSO provides industry-specific assurance services to ensure that report content complies with relevant industry standards and regulations. WSSO understands that the sustainability challenges faced by different industries vary, and therefore its assurance services take into full account the unique needs of each sector, providing tailored solutions for companies.

Vision and Goals

WSSO's goal is to promote transparency, standardization, and comparability in global sustainability information disclosure. By providing a credible assurance framework based on WSSO assurance standards, WSSO helps companies establish sustainability reporting systems that are as transparent and accurate as financial reports, enhancing trust between companies and investors, regulatory bodies, and the public.

WSSO's vision is to help companies establish a solid sustainability reporting culture, ensuring that their reports are as accurate, transparent, and credible as financial reports. Through credible third-party assurance, companies can improve the transparency and reliability of their ESG data, providing effective support for financial decisions, academic research, and industry benchmarking. Additionally, WSSO aims to promote continuous improvement in corporate environmental and social responsibility through its assurance services, ultimately achieving broader social and environmental benefits.

By collaborating with leading companies and regulatory bodies across industries, WSSO aims to become a global leader in sustainability information disclosure and assurance. WSSO's vision goes beyond promoting report transparency—it also includes building an open and cooperative ecosystem to facilitate the global sharing of sustainability information and the dissemination of best practices.

Key Objectives and Expected Impacts

Enhance Corporate Responsibility Awareness

Through clear assurance processes based on WSSO assurance standards, companies are held accountable for the content of their sustainability disclosures, reducing the risk of misinformation or exaggerated claims. WSSO is assurance services emphasize the sense of responsibility companies have in their information disclosure, helping them improve disclosure quality while ensuring compliance.

Meet Global Regulatory Requirements

As regulatory requirements for ESG reporting become increasingly stringent worldwide, WSSO is assurance services provide companies with clear processes to ensure their disclosed information complies with regulations and industry standards. By helping companies meet these requirements, WSSO also contributes to the standardization and compliance of global ESG information disclosure.

Boost Investor Confidence

Through independent third-party assurance, investors can have greater confidence in the sustainability information provided by companies, thereby relying more on this data in their decision-making processes. WSSO is independent and rigorous assurance processes enhance companies transparency and credibility in capital markets, attracting more responsible investments.

Drive Innovation in the Assurance Industry

WSSO encourages the use of advanced technologies such as blockchain and IoT to drive the digital transformation of the assurance process, further improving efficiency and reducing traditional audit costs and time. Through continuous innovation, WSSO strives to provide clients with more valuable assurance services, ensuring a leading position in an ever-changing market environment.

Next Steps

WSSO plans to release a draft of the assurance services based on WSSO assurance standards for public and industry stakeholder consultation in early 2025, with the final version scheduled for release by the end of 2025. Moving forward, WSSO will continue to work closely with companies, assurance institutions, regulatory authorities, and academic experts to ensure that assurance services meet the needs of the global sustainability field.

In addition, WSSO plans to conduct pilot projects in different regions and industries to validate the effectiveness and applicability of the standards. These pilot projects will help WSSO continuously optimize its standards and processes, ensuring they can meet the challenges of different markets and regulatory environments. WSSO will also organize seminars and training activities to enhance the capabilities of companies and assurance practitioners, promoting the widespread adoption and improvement of sustainability reporting and assurance.

WSSO understands that the importance of sustainable development lies in action. Therefore, in the coming years, WSSO will actively support companies in ESG innovation and practices, helping them contribute to global sustainable development goals through effective information disclosure and assurance.