Introducing Confidence-Building Measures to PRI Signatories

Drafted by the PRI, this comprehensive paper was created to help companies that want to advance their confidence-building measures for external reporting. Such verification highlights areas for improvement; identifies risks and opportunities in internal data collection and reporting mechanisms; and increases confidence in the quality of sustainability-related information disclosed. This report identifies and explores a phased, three-pronged approach to implementing confidence-building measures: using an internal control system, an internal audit of the control system, and external third party assurance.