The perennial issue of "Quis custodiet custodes?" arise with this. With the companies paying for the audits, the risk is the auditors will usually say they are complying, laying the groundwork for another auditing scandal.
Reposted from
Reuters
International auditors have been given new guidance on what to check when assessing firms' environmental, social and governance claims — and how — as part of efforts to increase rigor and consistency reut.rs/4hsEeA4
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