ICAI’s SSA 5000 sets new sustainability-assurance framework from April 2027
India’s chartered accountants body has issued SSA 5000 for assurance of corporate sustainability disclosures, covering areas such as climate, labour practices and biodiversity. The standard will replace SSA 3000 and SAE 3410 on April 1, 2027, prompting retailers to prepare ESG data, controls and assurance processes.
What happened
Institute of Chartered Accountants of India · ICAI introduced SSA 5000, a sustainability-assurance framework for corporate disclosures on climate, labour
Key facts
- SSA 5000
- SSA 3000
- SAE 3410
- April 1, 2027
- more than five lakh members
What changed
ICAI introduced SSA 5000, a sustainability-assurance framework for corporate disclosures on climate, labour practices and biodiversity. It will replace SSA 3000 and SAE 3410 from April 2027, affecting Indian retailers' ESG reporting and assurance requirements.
Why this matters
Indian retailers should begin tightening ESG data collection, internal controls and supplier documentation now to meet SSA 5000’s audit-ready assurance requirements by April 2027.