--- title: ESG & Sustainability Reporting South Africa | FinAscend description: ESG-aligned climate and sustainability reporting that helps organisations understand environmental and social impacts, risks and opportunities. --- [Skip to content](https://www.finascend.co.za/services/sustainability-reporting#main-content) [![FinAscend_logo_white](https://www.finascend.co.za/hs-fs/hubfs/FinAscend_logo_white.png?width=808&height=310&name=FinAscend_logo_white.png)](https://www.finascend.co.za/?hsLang=en) Open navigation Services Explore ## Financial expertise for growth, complexity and change. Explore FinAscend’s five specialist service areas and find the support best aligned with your organisation. [Get Expert Guidance](https://www.finascend.co.za/contact?hsLang=en) [01 **Virtual CFO Services** Experienced financial guidance and decision support without the cost of a full time CFO.](https://www.finascend.co.za/services/virtual-cfo?hsLang=en) [02 **VAT Solutions for Pension and Provident Funds** Specialist VAT support for pension and provident funds navigating complex requirements.](https://www.finascend.co.za/services/vat-pension-provident-funds?hsLang=en) [03 **Climate Change & Sustainability Reporting** Financial and reporting support for organisations responding to sustainability requirements.](https://www.finascend.co.za/services/sustainability-reporting) [04 **FinTech Solutions** Financial expertise supporting the design and development of technology-led solutions.](https://www.finascend.co.za/services/fintech-solutions?hsLang=en) [05 **SME Investment Readiness Programmes** Structured support that helps high-potential SMEs prepare for sustainable growth and investment.](https://www.finascend.co.za/services/sme-investment-readiness?hsLang=en) [About](https://www.finascend.co.za/about?hsLang=en) [Partners](https://www.finascend.co.za/#partners) [Contact](https://www.finascend.co.za/contact?hsLang=en) [Free consultation](https://www.finascend.co.za/contact?hsLang=en) Climate Change and Sustainability Reporting # See environmental and social impact alongside the risks and opportunities it creates. FinAscend uses the ESG framework to help organisations better understand the impact of their business activities on the environment and society, together with the related risks and opportunities they face. [Discuss sustainability reporting](https://www.finascend.co.za/contact?hsLang=en) **20+ years**Financial industry experience **Level 1**B-BBEE • 100% Black female-owned **SYSDBA**Non-Executive Director **CIBA**CIBA202307-8539 The ESG framework ## Sustainability reporting gives business activity a wider frame of reference. A company’s activities can create effects beyond its financial statements. Climate change and sustainability reporting uses the ESG framework to create greater understanding of those effects on the environment and society. The same view helps the organisation consider the risks and opportunities it faces in relation to those impacts. A wider business view > Understand the impact of business activity, then consider the risks and opportunities connected to it. ### Reporting that brings impact and business context together. FinAscend uses the ESG framework to create a clearer understanding of environmental and social impact, together with the risks and opportunities these factors may create for the organisation. ESG frameworkEnvironmental impactSocial impactBusiness activitiesRisk assessmentOpportunity assessment The ESG reporting lens ## Four perspectives that help the organisation understand its sustainability context. FinAscend’s ESG reporting approach connects environmental and societal impact with the risks and opportunities faced by the organisation. 01 Environment **Environmental impact** *↗* 02 Society **Societal impact** *↗* 03 Risk **Risks the company faces** *↗* 04 Opportunity **Opportunities the company faces** *↗* Environment ### Environmental impact Provide greater understanding of how the company’s business activities affect the environment. Business activity → environmental context Society ### Societal impact Consider the impact of business activities on society as part of the ESG reporting framework. Business activity → social context Risk ### Risks the company faces Assess the risks connected to the organisation’s environmental and societal context. Impact understanding → risk awareness Opportunity ### Opportunities the company faces Identify opportunities that emerge from a clearer understanding of sustainability-related impact and context. Context and change → opportunity awareness Impact and business context ## The ESG view connects what the organisation affects with what may affect the organisation. The reporting frame brings environmental and social impact into the same conversation as business risk and opportunity. > Impact outward. Risk and opportunity inward. One more complete view. E ### Environment Impact of business activities on the environment S ### Society Impact of business activities on society R ### Risk Risks the company may face O ### Opportunity Opportunities the company may identify ESG framework**Understand the whole context** A clearer sustainability context ## Reporting can make the organisation’s wider impact, risks and opportunities easier to understand. The ESG framework creates a structured view of the relationship between business activities, environmental and societal impact, and the organisation’s changing context. ### Environmental understanding A clearer view of the environmental effects connected to the company’s activities. ### Social understanding Greater awareness of how business activities may affect society. ### Risk awareness A structured way to consider the sustainability-related risks faced by the company. ### Opportunity awareness A clearer basis for identifying opportunities connected to the organisation’s sustainability context. Sustainability reporting questions ## A practical introduction to FinAscend’s ESG reporting scope. Explore key questions about FinAscend’s approach to climate change and sustainability reporting. **What framework does FinAscend use for sustainability reporting?** FinAscend uses the ESG framework to support climate change and sustainability reporting. **What does the reporting help an organisation understand?** It helps create more understanding of the impact of the company’s business activities on the environment and society. **Does the reporting consider business risk?** Yes. The reporting considers the risks an organisation may face in relation to its environmental, social and wider sustainability context. **Does the reporting also consider opportunity?** Yes. The service also considers the opportunities a company may face. Start a conversation ## Bring environmental impact, social context, risk and opportunity into a clearer view. Connect with FinAscend to discuss climate change and sustainability reporting using the ESG framework. [Discuss ESG reporting](https://www.finascend.co.za/contact?hsLang=en)[Explore all services](https://www.finascend.co.za/#services) [![finascend_site_logo](https://www.finascend.co.za/hubfs/finascend_site_logo.png)](https://www.finascend.co.za/?hsLang=en) Tailored accounting, financial management and business support services for sustainable growth. Contact[+27 10 021 0393](tel:+27100210393)[accountant@finascend.co.za](mailto:accountant@finascend.co.za) Office Co-Work@Midstream, Midlands Office Park West, 1st Floor, Mount Quray Rd, Midstream Monday to Friday, 09:00–17:00 © FinAscend. All rights reserved.[Privacy Policy](https://www.finascend.co.za/privacy-policy/?hsLang=en) ```json { "@context" : "https://schema.org", "@type" : "FAQPage", "mainEntity" : [ { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "FinAscend uses the ESG framework to support climate change and sustainability reporting." }, "name" : "What framework does FinAscend use for sustainability reporting?" }, { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "It helps create more understanding of the impact of the company’s business activities on the environment and society." }, "name" : "What does the reporting help an organisation understand?" }, { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "Yes. 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