The Corporate Social Responsibility Certification Program from Wealth and Society is crafted to autonomously audit, certify and promote corporations that show corporate commitments towards either Corporate Social Responsibility or Environmental Social Governance (ESG) based on the UN’s Social Development Goals in more detail.
The paid audit is arranged based on the interviews, published commitments, documentation, processes and publicly demonstrated activities according to our process of audit. The audit is available only to foundations and corporations.
The objective of the audit and certification is to solely produce an independent assessment of the public claims of the corporation or foundation for the benefit of its High Wealth Individuals and partners. It is not created to address any legal requirements that are specific and differ between nation-states.
Corporations that commission an audit from us will be provided with a confidential report detailing where they stand about their peers in their respective regions, countries or industries. Where possible, corporations are also evaluated and ranked against their peers in these categories without individual peers mentioned by name.
The top corporations in the different segments or regions are identified and an edited report is published on our website and publications. This is to engender the pursuit of a spirit of excellence in the commitment of corporations towards society, sustainability and managing climate change.
Who does the audit?
The audit is done by senior research managers at TAB Insights, the research and consulting division of Wealth and Society. The audit is approved by advisors who are independent of TAB Insights.
How is the audit carried out: The approach is simple
Face-to-face or video-call interview with the senior leadership to understand your commitments, activities carried out, test scenarios and measure the tangible goals set.
Assessment of published statements of commitments, annual reports or other published public records along with internal standard operating procedures (SOPs)
Interaction with external stakeholders, independent interviews with and public record of third party sources, to learn about the corporation selected or its peers in the industry
Deliverables
A certificate of completion of the audit A confidential report outlining findings, peer comparisons, recommendations for improvement and exceptions, if anyWith the permission of the corporation, Wealth and Society will also publish a press release stating the completion of the audit.Hence, Corporate Social Responsibility Certification Program from Wealth & Society is one of the best programs to ensure responsible growth and development.
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