Our net-zero commitment
Committing to become a net-zero organisation is a major step for the Association. In the coming months, we will be working to develop our strategy and a viable pathway to achieve our net-zero objectives This will be a significant undertaking, but every organisation must do its part to help mitigate climate-related and environmental risks so everyone in society benefits.
In October 2021, AICPA and CIMA have joined forces with twelve other accounting bodies to fight climate change by committing to reaching a net-zero greenhouse gas emissions target.75 We recognise that climate change is a threat to our lives and livelihoods and that accountants have a vital role in shaping a sustainable economy.
AICPA and CIMA is committed to
Reaching net-zero GHG emissions as soon as operationally possible, informed by science and in line with global efforts to limit warming to 1.5°C.
Within the next 12 months, publishing a net-zero emissions pathway (including targets) and report annually to show our GHG emissions reductions and trajectory towards net-zero emissions.
For our members, we are committed to
Encouraging and providing our members with the training, support, and resources they need to establish their net-zero pathways and reduce GHG emissions.
Providing sound advice to help governments create the policy and regulatory infrastructure necessary for a just transition to a net-zero carbon economy.
As we progress, AICPA and CIMA will share our own net-zero journey learning and experience, and that of others, as examples to support our members, their clients, and the wider business community.
Over the past decade, we have been witnessing the direct and indirect impact of environmental-related risks on our communities. It is now abundantly clear that to address these risks and achieve climate-goal ambitions, we must work together and lead the accounting profession by example. Public and management accountants have an important role to play improving an organisation’s integrated thinking and decision-making capabilities to promote responsible and sustainable business practices. They have the necessary skills and expertise to help effect meaningful change in this area. As an organisation, we are fully committed to doing our part and will continue to help our members, their organisations and their clients across the globe support with this mission.