The accountancy profession has a critical role to play in climate action, both to lead long-term value creation within sustainable economies, and to champion responsible practices in the public interest.
This report considers the role and significance of accountancy and finance professionals in advancing organisational climate action. With surveys and relevant quantitative analyses from across various sectors, the publication seeks to encourage effective planning and measures for climate change. It also emphasizes the integration of finance and sustainability expertise in the areas of business modeling, governance and target-oriented decision making.
To accelerate this transition, a holistic approach is identified and strategized – one that converges financial and non-financial considerations in the assessment of the benefits and risks of climate policies. Placing environmental, social and governance (ESG) at the heart of organisational strategy, active government engagement is also necessitated in the development of intermittent targets.