ESG Audit: Review of Internal Control (ESG Risks) (Malaysia)

Content

Companies report Financial related risks via Internal Control reviews. There are Non financial risks called Environmental, Social, and Governance (ESG), which impact not just the financial position statement but also the reputation of the business and its Board.  

To minimize ESG risks, Internal Auditors identify gaps in internal controls which may contribute towards high ESG risks. Capital markets regulate ESG disclosures to be relevant, accurate, comparable, and decision-useful information to inform investors on the company’s ESG risk.  

For this Internal Auditors must be equipped with ESG intelligence – specifically on ESG Audit. This would enable Internal Auditors to develop internal control review, plan and execute ESG audit, present findings and significant recommendations to the Board’s Audit Committee.  

In this program, discussions revolve around:

• ESG framework
• ESG performance mapping
• ESG Audit
• Assurance requirements

Duration

1 hour (1 non-verifiable CPD unit)

Speaker

Sunita Devi

Sunita Devi is a Certified Sustainability Reporting and Audit Assurance Specialist.  Her expertise lies in technical advisory of gaps related to Sustainability reporting, ESG performance, Net Zero strategy of Public Listed Companies (PLCs). Her keen eye for technical review of impact analysis in ESG investments is in accordance to the reporting and audit principles.   

She is also Certified in Law and Sustainability from Oxford University.     

Her advisory helps Board of Directors and Senior Management to keep their reputation in check and avoid greenwashing in their sustainability journey.   

She has worked with global European companies in navigating best practices in sustainability for their Supply Chain stakeholders worldwide.  Therefore, her training, webinar, coaching, advisory and consulting services on sustainability analytics, provide holistic approaches for Senior Management to strategically run their organization at the same time drive sustainability and ESG performance.   

Some of the organizations she has worked with include names such as Sunway, YTL, Prudential, Stanchart, OCBC, Starwood, Marriott, Malaysia Airports, Ancom, Swift, Air Selangor, Cenviro, Sabah Port, Hektar, Suria Capital, just to name a few.    

Since 2008 the Sunita has been writing on Sustainability and working on grant projects in Vietnam, Bhutan and Indonesia.  She holds a Masters Degree in Knowledge Management and is currently concluding a DBA in Sustainable Development.