Accounting bodies call upon world leaders to put in place a sustainability framework

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24 Nov 2015

The Accounting Bodies Network (ABN), established by the Prince of Wales' Accounting for Sustainability project (A4S), is calling on world leaders ahead of the COP 21 Climate Change meeting in Paris to put in place a framework that will enable investors to make informed decisions that will support the goal of a sustainable future.

The open letter published yesterday on the A4S website notes that professional accountants can help to address climate change, as accounting is central to decision-making and professional accountants can provide relevant analysis, reporting and assurance to help organisations generate and preserve value, and can therefore be influential in driving sustainable behaviours. In order to do so, however, it is essential that world leaders agree a common framework. The open letter therefore states:

We urge governments to:

  1. Commit to an agreement in Paris that provides a clear signal that governments will act to achieve a low carbon, sustainable future 
  2. Put in place a framework that sets out necessary government actions, reduces uncertainty and enables investors, businesses and others to make informed decisions that are consistent with this aim.

Please click to access the open letter and the corresponding press release on the A4S website.

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