Document ID: chunk:federal_register_of_legislation:F2025L00107:front:0:p117
Version: federal_register_of_legislation:F2025L00107
Segment Type: other
Provision Reference: 
Character Range: 371441–374755

threats, self-review threats and intimidation threats. Bias in the information intended to be used as evidence also affects the degree to which information is reliable. In some cases, information prepared by a management's expert may be subject to bias, as management may have an influence on the professional judgements of the management's expert.

Competence and Capabilities of the Management's Expert (Ref: Para. 92(a))

 1.       Competence relates to the nature and level of expertise of the management's expert. Factors that may affect whether the management's expert has the appropriate competence include:

           * Whether the expert's work is subject to technical performance standards or other professional or industry requirements, for example, ethical standards and other membership requirements of a professional body or industry association, accreditation standards of a licensing body, or requirements imposed by law or regulation.

           * The matter for which the management expert's work will be used, and whether they have the appropriate level of expertise applicable to the matter, including expertise in a particular area of specialty.

           * The management's expert's competence with respect to relevant sustainability matters, for example, knowledge of assumptions and methods, including models when applicable, that are consistent with the applicable criteria.

 1.       Capabilities relates to the ability of the management's expert to exercise the competence in the circumstances. Factors that may influence capabilities may include geographic location, and the availability of time and resources.

Obtain an Understanding of the Work Performed by the Management's Expert (Ref: Para. 92(b))

 1.       Matters relevant to the practitioner's understanding of the work performed by the management's expert may include:

           * The relevant field of expertise.

           * The nature, scope and objectives of the management's expert's work.

           * Whether there are professional or other standards, and regulatory or legal requirements that apply in preparing the information.

           * How the information has been prepared by the management's expert, including:

                   + The assumptions and methods used by the management's expert, and whether they are generally accepted within that expert's field and appropriate in the context of the applicable criteria and the sustainability matters;

                   + The underlying information used by the management's expert; and

                   + The relevance and reasonableness of that expert's findings or conclusions, and their consistency with other evidence.

Obtain an Understanding of How the Information Prepared by the Management's Expert Has Been Used by Management in the Preparation of the Sustainability Information (Ref: Para. 92(c))

 1.       Obtaining an understanding about how the information prepared by a management's expert has been used by management in the preparation of the sustainability information may include understanding:

         1.                 How management has considered the appropriateness of the information prepared by the management's expert; and

         2.                 The modifications made by management to the information prepared