IFAC called for the creation of a new sustainability accounting standards board, and five global organizations committed to working together toward unified corporate reporting.
Scrap tyres contain valuable materials that can be extracted for new uses. But there’s also demand to turn them into cheap fuel through a process that can have harmful effects.
Leaders of the accounting profession across the world made a united stand in calling for accountants to put their skills to work to help businesses fight climate change.
Finance departments will increasingly need to account for the natural world as part of their strategic mandate. One framework offers a way to identify risks and opportunities amidst the change.
Seventy percent of companies participating in a survey by The Conference Board that obtain assurance on their sustainability information said the need for such assurance will increase over the next five years.
IIRC chief strategy officer says more companies in Asia are adopting IR to improve corporate governance and offers practical pointers on IR implementation.