The European Commission has issued the consultation on the new Corporate Sustainability Reporting Directive. In order to fulfill its wide range of functions, the public sector must satisfy a complex range of political, economic, social, and environmental objectives over the short, medium, and longer term. The public organizations are subject to a different set of external and internal constraints and incentives than those found in the private sector, all of which affect their governance arrangements.
ECIIA and EUROSAI have conducted a survey to assess the publication of Non-Financial Reporting
in the public sector and the use of Integrated Reporting framework. During this event, they shared the final results and the main messages that are included in the publication, Integrated Reporting in the European Public Sector: It’s time to act! and discussed the need for a strong assurance process of the sustainability reporting.
Arno Visser, President of the Netherlands Court of Audit and former Chair of EUROSAI shared his views on the potential of integrated reporting in the public sector and the role public sector auditors can play in promoting integrated reports that the various stakeholders may trust.