Solution: Auditing ESG and sustainability reports
Solution: Auditing ESG and sustainability reports
Auditing ESG and sustainability reports
Auditing ESG and sustainability reports
Clarity. Quality. Added value for your company.
Whether SMEs or large corporations, organizations are increasingly under pressure from their stakeholders to provide ESG data in a transparent, traceable, and comparable manner. Banks, investors, business partners, and customers use this information to make informed assessments of financial, environmental, and climate-related risks.
More than 80% of investors and financial service providers consider ESG data to be relevant to their decision-making. 85% of consumers prefer companies that act sustainably. (Sources: PWC Global Investor Survey 2024. BNP Paribas ESG Survey 2025).
An audited ESG report thus becomes a key factor in building trust – and a clear competitive advantage.
Why is it important to have your sustainability report audited?
Independent auditing of your ESG reporting by TÜV AUSTRIA offers you:
- Transparency & credibility
An externally audited ESG report increases trust among banks, investors, business partners, and customers. - Regulatory certainty
Confirmation of compliance with VSME, ESRS, or GRI (explanation below) – reliable proof for authorities and stakeholders. - Comparability & quality
Ensured data quality and a clear, comprehensible reporting structure. - Competitive advantage
A TÜV AUSTRIA certificate of conformity creates measurable added value in the market and in supply chains. - Risk minimization
Avoid misinformation, reputational risks, or insufficient data transparency. - Strengthening future viability
ESG reports show how resilient a company is in responding to environmental and social challenges.
Service portfolio: Review of your ESG report
Do you already have an ESG report? TÜV AUSTRIA reviews your sustainability reports as an independent third party—in compliance with all relevant standards.
We offer:
- Conformity assessment of ESG reports in accordance with
- European Sustainability Reporting Standards (ESRS)
- Voluntary Sustainability Reporting Standard for SMEs (VSME)
- Global Reporting Initiative (GRI)
- Verification of report information and assessment of data quality
- Validation of data management and governance processes and structures
- Assessment of the consistency and overall presentation of ESG reporting
- Issuance of the TÜV AUSTRIA audit statement – your official proof of compliance with all relevant requirements
How does the collaboration with TÜV AUSTRIA work?
- You send us a non-binding inquiry
- We arrange an initial meeting and clarify the objectives, scope of testing, and procedure with you.
- You send us the draft report. This enables us to provide you with an accurate quote.
- Once you have accepted the quote, the test will be carried out in 5 stages:
- Preparation. Determination of the testing program and schedule. Assessment and evaluation of the fundamental ESG processes and structures in your company.
- Report. Analytical assessment of the submitted draft report with regard to compliance with the specified standard. The plausibility of the data and information is also checked.
- On site. Discussion of the results from the report, random sampling of selected content (can be done online if you prefer).
- Finalization. Collection of outstanding data and revision of the ESG report. Final approval by the auditor.
- Audit report and issuance of audit statement
More knowledge: Is this mandatory and what is being audited?
Only very large companies are required by the CSRD to provide standardized reporting, including auditing. For the majority of companies, ESG reporting is voluntary—but increasingly demanded by the market. The VSME standard creates a uniform, streamlined framework for SMEs to provide ESG data for banks, investors, and supply chains.
A high-quality ESG report shows:
- how a company addresses environmental and social challenges
- what progress it has made in the area of ESG, for example in climate protection
- how resilient and sustainable the business model is
- how stakeholder expectations are actively incorporated and addressed
The final TÜV AUSTRIA audit statement confirms that your ESG report complies with all applicable standards and regulatory requirements.
Consulting – if you need more support
In addition to the formal audit by TÜV AUSTRIA GmbH, the experts at TÜV AUSTRIA Expert Services GmbH can accompany your company along the entire ESG journey – from the initial assessment and materiality analyses to strategy development.
More information: esg-reporting@tuv.at
Training
Our training and continuing education courses on energy efficiency and climate protection provide you with knowledge and recommendations for action in the areas of standards, law, and practice. Find out more now at www.tuv-akademie.at/kursprogramm/energieeffizienz-klimaschutz
Costs & contact
The costs of the audit are primarily based on the scope of the ESG report. Therefore, they depend on the size and structure of the company concerned (employees, locations, subsidiaries, shareholdings, different industries, etc.).
Get in touch for a no-obligation consultation!
These contact persons are happy to assist you:
- Markus Schneidergruber: markus.schneidergruber@tuv.at
- Carmen Weinold: carmen.weinold@tuv.at
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