Strengthening ESG Audits: Key Controls, Best Practices, and Technological Advancements for Enhanced Integrity and Compliance

Abstract

In recent years, Environmental, Social, and Governance (ESG) audits have become pivotal to corporate accountability, serving as vital tools for organizations to verify their adherence to sustainability, ethical governance, and societal impact. As demand for transparency grows, so does the need for comprehensive controls, best practices, and advanced technological integration in ESG auditing. This paper examines the foundational controls critical to ESG audit reliability, including data accuracy, regulatory compliance, and stakeholder engagement. Furthermore, it outlines best practices that enhance audit effectiveness, such as alignment with global standards, a continuous improvement approach, and external verification. Recognizing the transformative potential of emerging technologies, this study highlights the role of data analytics, blockchain, and artificial intelligence in enhancing ESG audit precision and security. By combining these controls, practices, and innovations, organizations can ensure audit integrity, build stakeholder trust, and navigate the complex landscape of ESG compliance more effectively. This holistic approach to ESG auditing not only strengthens regulatory compliance but also positions businesses for sustainable success in a values-driven global market.