Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Worldwide Accounting Profession’s Call To Action On Climate Change

Chartered Accountants Australia and New Zealand and CPA Australia have joined 13 of the world’s largest professional accounting organisations committing to a call to action in response to climate change. The organisations represent 2.5 million accountants globally.

“Accountants are uniquely placed and qualified to help businesses and organisations deal with climate change,” said Chartered Accountants Australia and New Zealand Chief Executive Rick Ellis. “They can quantify the risks, and their financial consequences, providing robust, reliable and transparent information for decision makers, investors and the public.”

Chief Executive of CPA Australia Andrew Hunter said “climate change presents significant economic and social challenges both now and in the future – challenges that require action from governments, businesses and people from all walks of life.”

The statement includes actions the accounting profession can take, as well as a commitment from the chief executives of the organisations to support members in the coming months with the resources, information and training needed to meet the challenges ahead.

The transition for economies will rely on adapting economic policies and associated market mechanisms. The accounting profession is central to helping achieve both of these important objectives.

Mr Hunter also noted “the call to action is consistent with and complements actions taken by a broad range of regulatory agencies by way of pronouncements and guidance emphasising the economic and business imperatives of response to the multi-faceted challenges of climate change.

“It also adds to the growing momentum towards identifying strategies for a just and economically efficient transition to net zero emissions.”

Mr Ellis said “accountants are already playing a key role assisting organisations to manage their impact on the planet and the impact of climate change on their organisation.

“Our call to action supports both these early adopters who are quantifying risk and accountants following in their footsteps.”

Read the Call to Action here www.accountingforsustainability.org/abn-climate-action

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: RBNZ To Implement $30bn Large Scale Asset Purchase Programme Of NZ Govt Bonds

The Monetary Policy Committee (MPC) has decided to implement a Large Scale Asset Purchase programme (LSAP) of New Zealand government bonds. The negative economic implications of the coronavirus outbreak have continued to intensify. The Committee ... More>>

ALSO:

Elevate NZ: Venture Fund To Lift Productivity

The Government’s new $300 million venture capital fund - announced in last year’s Budget – is now open for business as the Elevate NZ Venture Fund. Finance Minister Grant Robertson says lifting New Zealand's productivity requires well-functioning ... More>>

ALSO:


COVID-19: Case Confirmed In NZ – Expert Reaction

After spreading across the globe for months, the first case of COVID-19 has been reported in New Zealand. The Ministry of Health says the risk of a community outbreak is low, due to their preparedness and the high awareness of the disease. The Science ... More>>

ALSO:

Agriculture: New Legislation To Boost Organics

New organics legislation will boost consumer confidence and help grow an innovative sector, says Food Safety Minister Damien O’Connor. “The Organics Product Bill, introduced to Parliament this week, aims to increase consumer confidence when purchasing ... More>>

ALSO:

Biodiversity Policy: Misinformation Circulating

Forest & Bird is concerned at misinformation circulating regarding a policy statement aimed at protecting New Zealand’s unique biodiversity. The National Policy Statement for Indigenous Biodiversity is being consulted on by the ... More>>

ALSO: