Global Accounting Leaders Call on Profession to Help Address Climate Change

By : Krishna Anindyo | Wednesday, February 26 2020 - 12:48 IWST

Association of International Certified Professional Accountants (Images by Irish Times Executive Jobs)
Association of International Certified Professional Accountants (Images by Irish Times Executive Jobs)

INDUSTRY.co.id - Jakarta – According to the CEOs of leading accounting professional bodies, the world’s accountants must put their skills to use to help businesses fight climate change.

As part of The Prince’s Accounting for Sustainability Project (A4S) Accounting Bodies Network, which collectively represents over 2.5 million accountants and students worldwide, 14 major accounting bodies are today publishing a declaration calling on the profession to put sustainability and the fight against climate change at the forefront of its work.

The accounting bodies said their members had a critical role to play to help effect meaningful change because of their expertise with advising businesses about risk management and their responsibility to act in the public interest.

Tackling climate change needs practical measurement and management, and accountants are key to helping businesses build sustainability into their working practices, commercial relationships and supply chains, the accountancy leaders explained.

An accountant’s role should demonstrate the risks to business posed by climate change, such as the impact of flooding or the effect of drought on the price of crops needed in the supply chain. 

Barry Melancon, CEO of the Association of International Certified Professional Accountants, said

"The accounting profession has long focused on assessing and managing financial risks. However, the global risks we are seeing today, in particular environment-related risks, are pushing our profession to expand its remit. As core members of almost every business, government, and non-governmental organisation, accountants are ideally positioned to help organisations assess and manage these new risks. Accountants have an important role to play improving an organisation’s integrated thinking and decision-making capabilities to promote responsible business practices, improving outcomes for both stakeholders and our environment.”

News Comment

Today's Industry

Harman Professional Experience Center, located at Desound Melawai, South Jakarta. (Photo: the Company's PR)

Rabu, 09 Juli 2025 - 08:55 WIB

Indonesia's First Harman Professional Experience Center Opens in Jakarta

PT Inti Megah Swara (IMS Indonesia) announces the grand opening of the country's first Harman Professional Experience Center, located at Desound Melawai, South Jakarta.

One of Apartments offered by Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Senin, 09 Juni 2025 - 14:22 WIB

Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Savyavasa, a luxury residential development by Swire Properties and JSI Group under PT Jantra Swarna Dipta, in collaboration with Permata Bank, presents a new solution for foreign nationals…

President Prabowo in Thailand

Rabu, 21 Mei 2025 - 10:09 WIB

Indonesia, Thailand Sign MoU on Health Sector, Focusing on Global Capacity, Collaboration

As a part of President Prabowo Subianto’s official visit to Thailand, both countries signed a Memorandum of Understanding (MoU) on health sector, in an effort to strengthen bilateral cooperation…

SD Darmono CEO Jababeka Group with Boediman Widjaja CEO JOE Green Group

Selasa, 20 Mei 2025 - 12:44 WIB

Boediman Widjaja's Technology Ready to be Adopted in Jababeka Industrial Estate (KIJA)

In an exclusive seminar entitled "A Great Step: Boediman Widjaja Story - Going from Indonesia, Thriving in Singapore" held at the President Lounge, Menara Batavia, Boediman Widjaja, Founder…

A total of 55 health professionals who participated in the Binawan Europe program, in the form of international career development scholarships in Austria. (Photo: The Public Relations of Binawan University)

Jumat, 02 Mei 2025 - 10:46 WIB

Binawan and Government Support Indonesian Nurses in Europe through Scholarships

In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…