Over 80% of companies in the Middle East now publish a CSR report, following the internationally - recognised standards of the GRI (Global Reporting Initiative). However, only a small percentage of the reports fully comply with the GRI requirements. What’s alarming is that, only 19 % of this contained external assurance.
How can corporate governance, compliance, audit and assurance teams be aligned?
- How can regulatory pressure be leveraged across organisational hierarchy?
- Shifting focus from developing sustainability policies to executing sustainable strategies
- Red flagging loss of internal control, damaging remuneration systems, risk appetite and cultural direction
- Defining responsibilities for corporate governance, compliance, audit and assurance teams
Murad Mohammed
Senior Corporate Strategy Consultant
Department of Culture and Tourism UAE