Financial Reporting

The missing risk

Local standard setters have backed the G20’s push to include climate-related risks to current and future earnings in financial statements – and it will be audited. By Susan Muldowney and Lachlan Colquhoun It appears the time has come for major companies – and their auditors – to get serious about assessing and disclosing climate-related financial… Read More The missing risk

(c) Institute of Chartered Accountants in England and Wales. Contact ICAEW for permission to reproduce this article., Financial Reporting

A practical guide to the TCFD’s recommendations

As of April 2018, some 250 organisations from around the world have expressed support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) published in 2017. Given the current momentum behind the TCFD recommendations, ICAEW, in association with The Carbon Trust, have published this practical guidance for organisations wanting to learn more about… Read More A practical guide to the TCFD’s recommendations

(c) Chartered Accountants Australia and New Zealand. Contact Chartered Accountants Australia and New Zealand for permission to reproduce this article., Corporate Social Responsibility

Why climate risks matter to business in 2018

By Karen McWilliams APRA sets a new green horizon. What’s on the horizon for accountants in 2018? Sustainability, including climate change risk, is one of the headline issues and 2018 is shaping up to be an important year in this area in terms of business reporting. For CFOs and accountants drawing up annual reports for… Read More Why climate risks matter to business in 2018

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Corporate Social Responsibility

Accountants take on climate change

Regardless of one’s belief about the causes, global warming is a reality – this was the message conveyed by a recent survey of finance leaders that reveals the impact of global warming on the environment and business operations. Jemelyn Yadao finds out from Hong Kong CPAs how environmental issues affect companies and how they can… Read More Accountants take on climate change

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Environmental Reporting

LATEST RESEARCH SHOWS THAT HUMANS ARE CAUSING CLIMATE CHANGE

By Marguerite Bond-Smith Yup, we’re to blame for warming our planet and changing our weather patterns. In September this year, the Intergovernmental Panel on Climate Change (IPCC) released a highly significant press release. The release cited the IPCC’s latest research report that concludes, based on new scientific evidence, that it is ‘extremely likely’ that human… Read More LATEST RESEARCH SHOWS THAT HUMANS ARE CAUSING CLIMATE CHANGE