Demand for Third-Party CSR Certification Increases

Current CSR Requirements:

Consumers, investors, financing sources, and supply chain buyers request CSR reports and ESG disclosures.  More requests for third-party certifications.

Why Spend $ to Verify CSR?

• Consumers prefer it.
• It meets sellers sustainability requirements.
• Private and public companies already face evaluation/ranking from ESG databases.This information can be used by competitors.

Benefits of 3rd Party Certification:

• Discovery of collateral exposure that affects profitability 
• Early detection of non-compliance conditions 
• Qualifying a company for specialty insurance 
• Companies with verification out-compete their competition, show better overall legal compliance, and benefit from a higher degree of employee productivity and satisfaction.

CFO.com | Companies Face Demand for Third-Party CSR Certifications