The Achilles Statement of Assurance encompasses every crucial aspect of financial assurance, allowing lenders to make informed decisions and engage in responsible financing with confidence and borrowers to clearly demonstrate ambitious, material and quantifiable performance against environmental, social, and governance KPIs and Sustainability Performance Targets (SPTs).
Statement of Assurance
The Achilles’ Statement of Limited Assurance provides comprehensive verification and validation of sustainability claims in the context of sustainability-linked loans.
Independent, rigorous verification
The Achilles Statement of Assurance provides an independent and meticulous assessment of borrowers’ sustainability performance. Our team of experienced sustainability experts conducts a thorough evaluation of sustainability practices, data accuracy, KPIs, and reporting processes. This unbiased verification helps eliminate greenwashing risks and ensures the borrower’s sustainability claims are reliable.
Holistic risk management
The Achilles Statement of Limited Assurance enables lenders to proactively manage risks associated with sustainability-linked loans. Our assurance process evaluates the borrower’s sustainability management systems, identifying potential gaps and vulnerabilities.By considering the full range of ESG factors, we provide lenders with a comprehensive risk analysis, empowering them to make informed decisions and safeguard the performance of their loan portfolios.
Compliance and reporting confidence
The Achilles Statement of Assurance ensures compliance with loan agreements and sustainability frameworks. It verifies the borrower’s adherence to agreed sustainability targets and reporting requirements and enables lenders to monitor borrower progress accurately. Lenders gain peace of mind knowing that the borrower’s sustainability reporting is accurate, transparent, and aligned with industry standards, avoiding potential compliance issues and reputational risks.
Trust and credibility
The Achilles Statement of Assurance enables lenders to confidently communicate borrowers’ sustainability performances to stakeholders. Achilles robust assurance statement acts as an evidence-backed seal of credibility, enhancing reputation and fostering trust among investors, customers, and the public.
Differentiation and engagement
By using the Achilles Statement of Assurance, lenders and borrowers demonstrate their commitment to sustainability and differentiate themselves in the market making it easier to attract sustainability-focused partners, strengthening relationships and unlocking new avenues for collaboration.