24 June 2021, London – Ahead of London Climate Action Week, the Association of International Certified Professional Accountants (the Association), representing AICPA & CIMA, launched its latest educational briefs exploring sustainability, business and the role of finance professionals – Climate Disclosure Standards Board and International Integrated Reporting Framework.
These briefs are part of a series focusing on sustainability standards and frameworks, which is designed to help organisations better consider sustainability issues, embed them into their business strategies and integrate them into their reporting. Each brief provides a detailed overview of the most-commonly used sustainability standards and frameworks, what sustainability dimensions are covered, who is likely to need them and guidance to identify knowledge gaps.
Andrew Harding, FCMA, CGMA, Chief Executive – Management Accounting at the Association of International Certified Professional Accountants, representing AICPA & CIMA, said:
“The coronavirus pandemic has made abundantly clear that organisations cannot continue to solely base their corporate reporting and decision-making on past financial performance. Investors, shareholders and customers alike are demanding that organisations step up their game on climate-related and wider environmental, social and governance reporting. As core members of almost every organisation, finance professionals have a key role to play in driving sustainable strategic and operational decisions, including risk management.
“We believe that we will see profound changes in the next few years in the work of management accountants and public accountants to embed new practices and standards relating to sustainability. AICPA & CIMA will continue to provide education and guidance to all areas of the profession, ensuring that it is ahead of this transformation. It is truly an exciting time to be an accounting and finance professional.”
The series on sustainability frameworks and standards includes the following briefs:
For additional AICPA & CIMA sustainability resources, please visit: