Measuring what really matters

Posted by Kirsten Gibbs on March 3, 2020
  • All stakeholders have to know if a reporting entity can make the transition to be net zero carbon and have access to the capital that will be required to make this happen. This is a financial reporting, and thus an accounting, issue and so has to be on the balance sheet.   Accounting cannot be neutral and should, therefore, both report and encourage good practice and be a core part of that process of change”

    As the article says: “With their unique skills, accountants are better placed than most other professionals to calculate accurately the environmental costs of companies’ business decisions and integrate climate risk into organisational strategy, finance, operations, and communications.”

    The report talks about large companies with outside investors, but I don’t see why small companies shouldn’t do their bit.   For accountants and owners it will be good practice at measuring what really matters.

  • Choose one or more of the following options:
You might also like ...
  • Participation

    I am not a consumer! I am a free person, and I want to join in.

  • Money trees
    Money trees

    Beware of simply going for growth.

  • It’s good to talk
    It’s good to talk

    Especially, right now, to your accountant.

  • Writer’s block
    Writer’s block

    And how to overcome it.

  • For a long weekend
    For a long weekend

    It pays to understand the systems we're in.