What ACCA thinks
Accountants are in a unique position to make real, impactful change and be at the centre of sustainable development.
From reporting on CO2 emissions to measuring social impact, the skills, judgement and all-round, data-informed view of business possessed by professional accountants have a vital role in this effort.
Here are the main tools to help you play your part in creating a better world today and for future generations.
United Nations Sustainable Development Goals
Several of the SDGs place the responsibility on business to consider the effects of their activities and decisions on social and environmental systems. ACCA has a sound framework to support leaders in future-proofing their business and working our way towards a more sustainable world.
IFRS Sustainability Disclosure Standards
Good quality reporting should cover a wide range of value drivers for organisations, including intangibles not recognised on the balance sheet, such as innovative processes, know-how and corporate culture.
The way organisations manage their key resources and relationships affect the value they generate for economies, societies and nature. And organisations’ external impact, affect its ability to create value for itself. Read ACCA’s recommendations to policy-makers, regulators and standard-setters
Accounting for natural capital
A well-managed business has a holistic view that acknowledges the depletion of non-sustainable assets and the downsides of non-sustainable practices. Companies that have adopted this approach are financially outperforming their counterparts, in many cases.
Professional accountants have been pioneers in creating mechanisms for robust and comparable wider reporting. Access a number of useful frameworks for measuring, monitoring and reporting on non-financial information.
Integrated Reporting, or <IR>, is a framework for corporate reporting which encourages companies to look beyond the bottom line to their social, economic and environmental footprints
Get all the advice in our Insights into Integrated Reporting series and our Certificate in Integrated Reporting programme
"[Sustainable development growth] must be both inclusive and environmentally sound to reduce poverty and build shared prosperity for today’s population and to continue to meet the needs of future generations. It must be efficient with resources and carefully planned to deliver immediate and long-term benefits for people, planet and prosperity"The World Bank