ACCA’s progress to implement sustainability reporting is an evolving journey that strongly aligns with the Pan African Federation of Accountants’ (PAFA) dedicated efforts to drive the jurisdictional adoption of international sustainability reporting standards in Africa.
ACCA’s continued commitment to advancing sustainability reporting globally is embraced by a coordinated multistakeholder approach in Africa – where close collaboration and the adoption of international standards boost the continent’s shared ambition.
The Sustainability Working Group Africa (SWGA) initiative was established as a public affairs outreach, following recommendations from the 2023 Africa Members Convention – in alignment with the Pan African Federation of Accountants (PAFA) Centre of Excellence, to achieve our mutual objectives.
While reporting on sustainability-related efforts is not new to Africa, the launch of the International Sustainability Standards Board (ISSB) standards in 2023 marked a pivotal point in the continent’s sustainability reporting journey. At CoP 27 in November 2022, Nigeria formally declared its intent to adopt the ISSB standards – leading the train of first movers on the continent.
Through the SWGA initiative, ACCA, in collaboration with regulators and adopters across Africa – aims to achieve three core objectives:
SWGA report series
Working together, we capture a series of country insights – drawn from adopters and regional experts across Africa – using a case-study approach hinged on ACCA’s Sustainability reporting: The Guide to preparation, which covers:
- The current realities of adopters as they build awareness and capacity.
- Good practices and lessons from early adopters to encourage and showcase success stories.
- Key challenges and opportunities faced by adopters – highlighting areas for advocacy and potential policy interventions.
There are four areas of focus for our case studies:
Contact ACCA Public Affairs in Africa for more information on SWGA.
Access the reports in the series:
"Accountants play a vital role in tackling climate change and driving sustainability. Collaboration among like-minded professionals is essential, and SWGA demonstrates how working together can elevate the profession for the benefit of Africa’s economies."
Jamil Ampomah, Director - Africa, ACCA
"Accountants are becoming increasingly influential as agents and architects of change, bringing the expertise, insight, and technical skills that businesses need to adopt sustainable practices and drive sustainability reporting. We are proud to be at the forefront of this progress in Africa."
Alta Prinsloo, CEO, PAFA
