A new report from ACCA, IFAC, and PwC, highlights that 47% of businesses in the Asia Pacific region lack a plan for reducing carbon emissions despite the climate emergency.
The research, based on a survey of 1,000 senior finance professionals globally, emphasizes the urgent need for strategies to combat climate change. Additionally, the report suggests that involving CFOs and finance teams in emissions reduction planning can accelerate progress. It recommends that finance teams develop the necessary skills to contribute effectively to a climate transition.
Emissions Plans
The CEOs of ACCA and IFAC underscore the crucial role of accounting and finance professionals in combating climate change, while a PwC representative emphasizes the need for businesses to have clear roadmaps for meeting emissions targets and building trust in reporting progress toward sustainability goals.
The report is presented as a call to action for accountants to support organizations in reducing carbon emissions and facilitating the climate transition.
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