Frasle Mobility's New Positioning and Randoncorp Investments
GRI 2-5
Assurance Statement
ELEVATE has carried out an independent verification of
the preparation process of Randoncorp's Sustainability
Report 2022, prepared in accordance with GRI (Global
Reporting Initiative) Standards 2021. The process aims
to provide interested parties with an independent
opinion on the quality of the information provided in
the report.
Independence, competence and responsibilities
We work independently and ensure that no member
of ELEVATE has consulting contracts or other com-
mercial ties with Randoncorp. ELEVATE is a company
specialized in sustainability. The work was conduc-
ted by a team of experienced professionals trained
in external verification processes. The preparation of
the Sustainability Report, as well as the definition of its
content, is the responsibility of Randoncorp. The verifi-
cation of the report was the work of ELEVATE.
Scope and Limitations
The scope of our work includes information from the
full version of the Sustainability Report 2022, for the
period covered by the report from January 1, 2022
to December 31, 2022. The independent verification
process was conducted in accordance with AA1000AS
v3 (AA1000 Assurance Standard v3), in Type 1 verifica-
tion condition, providing a moderate level of Assurance.
The verification of financial data was not the subject
of ELEVATE Consulting's work. The financial data was
audited by a specialized company as stated in the
opinion of the Financial Statements.
Methodology
The procedures developed during the assurance work
included:
•
Evaluation of the content of the 2022 Sustainability
Report;
Understanding the process flow of obtaining and
generating information for the Sustainability Report;
Selection of 20 items and indicators to verify the
information provided;
• Interviews with managers from key areas regarding
the relevance of information for sustainability repor-
ting and management and source of information
provided on the selected indicators;
•
Based on sample testing, confirmation of the infor-
mation in the Sustainability Report with supporting
documentation, management reports, internal con-
trols, and official correspondence;
Checking compliance with the GRI Standards and
requesting adjustments to the report.
Disclaimer
•
The Letter of Assurance and any other attachments
("Product") are for the exclusive use of the assured
recipient ("Client"). Under no circumstances shall this
Product or the information contained herein be distri-
buted or reproduced without the prior consent of the
copyright owner. ELEVATE accepts no responsibility,
and disclaims all liability, for any third party use.
The Product is limited to the activities previously
agreed upon with the Client, including the provisions
set forth in the Scope and Limitation. The Product
should be read and understood as a whole, and sec-
tions should not be read or taken out of context.
• The Product should not be construed as legal, invest-
ment, tax, accounting, regulatory or other professio-
nal advice. The Product is intended for informational
purposes only and is not intended to be used as a
substitute for expert advice or work product that a
professional would normally provide to a client and
should not be relied upon as such. The Customer
remains solely responsible for its decisions, actions,
use of the Product, and compliance with applicable
laws and regulations. This disclaimer must accom-
pany each copy and/or reproduction of this Product.
• The standard Terms and Conditions of ELEVATE'S
contracts ("Terms and Conditions") are incorporated
herein by reference into this disclaimer. All applica-
ble provisions of the Terms and Conditions remain in
effect, and ELEVATE accepts no liability or obligation,
except as otherwise expressly set forth in the Terms
and Conditions, see at: https://www.elevate limited.
com/about-elevate/sustainability/terms-conditions/
Main Conclusions
Based on the analyses of the evidence and interviews
conducted for the verification of selected indicators,
we present in summary the following main conclusions:
During the interviews with managers, ELEVATE veri-
fied the evidence for the following selected indi-
cators: GRI 2-18, 2-20, 205-1, 205-2, 2-12, 301-3,
ATTACHMENTS
136View entire presentation