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Past events

Accounting for Sustainability: Can Accountants Save the World?

13 May
2014


12:00 pm - 2:00 pm

Event Details

Join the Executive Chairman of The Prince of Wales’ Accounting for Sustainability Project for lunch jointly hosted by the Institute of Chartered Accountants Australia and the UN Global Compact Network Australia

Can accountants save the world?

There is increasing focus on the role of accountants and accounting as key to an effective response to environmental and social issues, whether through integrated reporting or ‘future proofing’ decision-making. However, many finance teams struggle to understand the relevance of sustainability to their day-to-day responsibilities and many sustainability teams see finance as little more than a hurdle that needs to be overcome to gain budget approval.

This lunch will explore the changing role of the accountant, what skills finance teams can bring to address sustainability challenges, and how finance and sustainability teams can partner effectively to create strong and sustainable business models. The discussion will draw on insights from companies involved in A4S’s CFO Leadership Network as well as the IIRC’s integrated reporting pilot programme, sharing examples of what has worked and what hasn’t.

Accountants need to be part of the solution, not sitting on the sidelines! Bring along a finance or sustainability colleague and join the debate!

Background on The Prince’s Accounting for Sustainability Project

A4S was set up by HRH The Prince of Wales in 2004 “to help ensure that we are not battling to meet 21st century challenges with, at best, 20th century decision-making and reporting systems.”

A4S brings together the finance and accounting community from business, government, academia and the capital markets to develop the institutions, systems, tools and approaches needed to create a sustainable economy.

A4S’s work focuses on ways to integrate measures of economic performance, environmental health and social well-being to provide a ‘future-proofed’ framework for decision making, and on building the capacity needed to take action.

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