Together the accountancy profession and our members have a crucial role to play in the protection, restoration, and sustainable use of our natural resources. We recognise that nature is everyone’s business. In March 2022, AICPA & CIMA have joined forces with nine other accounting bodies to acknowledge the opportunity for the world to adopt a transformative international agreement on nature (COP15) and call on businesses to be part of the solution going forward. In signing the Global Accounting Alliance (GAA) call to action on nature, AICPA & CIMA commit to,
Working with governments to establish and align coherent policy frameworks that accelerate business action to reverse the process of nature loss.
Building our members’ knowledge, understanding and awareness of nature loss.
Providing our members with the training, support and infrastructure to value and embed nature in decision-making and disclosure.
Supporting the alignment of consistent global regulation and globally accepted disclosure frameworks that integrate nature, people, and climate into corporate reporting.124
We will continue to watch the sustainability space and play a central role in its development. We will ensure that the journey towards the development of global standardised comparable ESG metrics and non-financial reporting is not at the expense of closing any future sustainability debate and innovation. We aim to achieve a balance of sustainability reporting and assurance alongside data-driven insights so that resilient organisations and finance professionals can address future prosperity, planet and people challenges.
‘We believe that we will see profound changes in the next few years in the work of management accounting and public accounting to embed new practices and standards relating to sustainability. AICPA and CIMA will continue to provide education and guidance to all areas of the profession, ensuring that it is ahead of this transformation. It’s truly an exciting time to be an accounting and finance professional.’Andrew Harding, FCMA, CGMA,Chief Executive, Management Accounting Association of International Certified Professional Accountants
