“Auditors need to stay abreast of the evolving issues and reporting requirements connected to ESG or they risk leaving themselves vulnerable to charges of professional negligence.”

[COMMENTARY]Environmental groups in many countries are taking governments to court to force them to not only meet their climate change commitments but also to ensure a clean future environment. It’s understandable, therefore, that companies — and their auditors — could face similar legal challenges by stakeholders of these companies.
How does ESG impact the function of audit? By Allianz Global Corporate & Specialty, January 2022, Germany.