Climate change and financial statements

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Auditors ever more need to have to contemplate how climate risks these kinds of as weather situations, and the troubles of transitioning to internet-zero, may perhaps have an effect on economical statements. Lesley Meall shares some critical thoughts and ideas from auditors, regulators, standard-setters and ICAEW.&#13

We have all carried out our bit to contribute to local weather alter, and we will have to all do our bit to curtail it. The good news is, numerous accountants are able to make a change equally individually and professionally. “As dependable advisers to all varieties of companies, we are well placed to travel the sustainability agenda and turn the ambition of a low-carbon globe into a truth,” states ICAEW’s CEO Michael Izza.

ICAEW has been actively pursuing this ambition for some decades by taking a direct on its journey to carbon neutrality collaborating on initiatives these as the Experienced Bodies Climate Motion Charter and furnishing customers with a expert ‘Climate Hub’ of methods, information and facts and inspiration.