Introduction
Welcome to Nkonki’s Top 10 Guide to Sustainability Reporting™. This Top 10 Guide is meant to
provide guidance for all executives and officials tasked with the preparation of Sustainability
Reports in a manner that meets the minimum requirements of the Global Reporting Initiative
(GRI).
It focuses on the Top 10 things you have to know before you can make an informed decision about how to embrace the world’s expectation on Sustainability Reporting. This Top 10 Guide to Sustainability Reporting™ outlines the key concepts, and simplifies some of the key issues associated with Sustainability Reporting. The core content of any sustainability report is covered in this Top 10 Guide, and it is applicable to all companies irrespective of size, sector or location.
King 3 calls for integrated reporting and disclosure (reporting of financial information with
sustainability issues of social, economic and environmental impacts) and recommends that the
audit committees engage an external assurance provider to provide assurance over material
aspects of the sustainability reporting in the integrated report. The skills set of the audit
committees will have to include member/s proficient in sustainability. Furthermore, integrated
reporting and disclosure may require registered auditors and assurance providers who can
provide assurance on both the financial components and the sustainability aspects of reporting.
This is likely to impact the external audit engagement, opinion and associated costs, as well as<
director liability in the event of misrepresentation.
Nkonki has developed the skills in house to assist companies to prepare Sustainability Reports as
a component of the expected Integrated Report, and can provide External Assurance required
so that a company can attain a plus status on its Declared Application Level.
Nkonki’s resident expert on Sustainability Professor Steven Firer, did his Phd on Sustainability
and is a visiting Professor in the Department of Accounting in Rhodes University. His academic
knowledge, experience and expertise on Sustainability, provides clients with a Unique and
efficient approach, when it comes to Sustainability Reporting™.
Please visit our website for continuous updates on this topic, for dates of Sustainability Reporting Seminars and other resourceful information. You can email us at Sustainability@nkonki.com
Sindi Zilwa
Chief Executive Officer
Nkonki Inc.
