Design and Implementation of the Assurance Framework

We will use this page to update you on progress in developing the Assurance Framework that will accompany the SDG Impact Standards, including opportunities to participate in piloting the Assurance Framework.


Assurance Design and Implementation Working Group

A select group of expert practitioners are currently working with SDG Impact to provide detailed, practical inputs into the design and implementation of the SDG Impact Assurance Framework and protocols. The working group includes experts from each of the following stakeholder groups: assurance providers; assurance policy makers (e.g. members of assurance standard and guideline setting bodies) and technical experts on assurance from professional bodies; standards users; and academia. Across the group there is sector expertise in Bonds, Private Equity and Enterprises and knowledge of developed and developing markets. The working group is led by the SDG Impact Assurance Framework Lead, Jeremy Nicholls.


Current work and progress

The SDG Impact Standards for Private Equity Funds, Bond Issuers and Enterprises have now been released. Work is well underway to develop guidance for each set of standards.

The SDG Impact Team, with guidance from the Assurance Framework Design and Implementation Group, are currently developing:

  1. The assurance protocols for each set of standards (Private Equity Funds, Bond Issuers and Enterprises) embedding continuous improvement into design and minimum thresholds to ensure accessibility.
  2. Accreditation requirements (competencies required of assurance providers and the process for accrediting and maintaining accreditation of assurance providers.
  3. Template assurance reports and engagement letters - either as a management letter or similar a common report is likely to set out the gaps but not provide detailed advice on resolution.
  4. Continuing Practice Development requirements for individual assurance providers.
  5. Tools for assurance providers including: examples of evidence of Practice Indicators; and, template guides for assurance reports and engagement letters.
  6. A peer review process and other quality control measures.
  7. Process for a periodic review by an assurance provider to maintain the Seal.

The ISEAL Assurance Code of Good Practice will inform the overall governance and management of the assurance framework (which includes the Standards) including: handling of complaints; record keeping and information management; role of the Secretariat and governing bodies.


Comments are welcome and may be sent to sdgimpact.standards@undp.org



Assurance Design and Implementation Working Group Members