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BDO Sri Lanka and ESG Playbook collaborate to rollout ESG reporting service in Sri Lanka 

Monday, 22 November 2021 00:00 -     - {{hitsCtrl.values.hits}}

 

  • A strong alliance between professional services and a digital cloud platform creates a formidable powerhouse to implement ESG strategy in South Asia: BDO Partners MD Rajapakse

Sujeewa Rajapakse
 
Ashane Jayasekara
 
Sonia Zugel
 
Madhura V. de Silva

BDO Sri Lanka and ESG Playbook have announced a partnership to deliver one-stop services to help companies in Sri Lanka accelerate their ESG reporting journey. 

Amid unequivocal signs that ESG is taking the world by storm post-COVID, multinational companies are waking up to tackle the most pressing issues related to ‘Planet, People, Prosperity and Governance’ through embedding sustainability into their core operations and value chains. Given that exports of goods and services account for almost one-quarter of GDP in Sri Lanka, Sri Lankan companies urgently need to ratchet up their ESG efforts to maintain a competitive advantage in an international arena. However, with multiple fragmented voluntary reporting frameworks and quickly evolving mandatory regulations in the leading developed countries such as the EU and US companies need an intuitive and robust solution to meet stakeholders’ expectations.

BDO Sri Lanka, a global leader in assurance, tax, and financial advisory services, has a dedicated team to assist their clients with their ESG reporting efforts. Their service covers a wide range of areas, including ESG strategy consulting, ESG internal risk management, development of ESG reports, assurance of ESG reports for public disclosure, supply chain due diligence, environmental certifications etc.

ESG Playbook, a leading comprehensive digital platform, is devoted to simplifying and streamlining the ESG reporting process.  Customers leverage its world-class and intuitive digital solutions. ESG Playbook’s service encompasses materiality matrix, topic benchmarking, report builder, carbon calculator, survey manager, supply chain management and more. With audit logs embedded in our platform, data transparency and integrity are enhanced.

BDO Partner – Business Advisory and Digital Services Madhura V. de Silva says: “Positive attitudes and social norms have been already developed towards ethical investment and ethical consumerism in the world. 

“ESG aspects should be embedded in strategies and business processes of all the companies along with required disclosures requirements of different stakeholders in different jurisdictions. ESG data collation and compilation could easily be conducted through a digital platform as it will enable efficient and flexible reporting under different standards for different purposes. BDO Sri Lanka’s holistic approach towards ESG will be further strengthened by the initiatives of BDO Global ESG services and the Digital Platform of ESG Playbook”.  

ESG Playbook Founder/CEO Sonia Zugel stated: “We have a deep level of respect for BDO Sri Lanka’s industry knowledge and global professional service network. At ESG Playbook, we are committed to serving our mutual customers efficiently and cost-effectively. Customers will benefit from our partnership through seamless and one-stop-shop services that our platform provides.”

ESG Playbook is a leader in sustainability and carbon reporting.  ESG Playbook offers the most reporting tools and frameworks in the industry on a single integrated platform with streamlined data collection and analysis. Contextual guidance, prebuilt templates and the ability to mix and match reporting standards to create customised reports and dashboards further sets ESG Playbook apart from the competition and provides its clients across industries the flexibility they need in this evolving market. 

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