Dev Bank-leaderboard-advert-1430px-x-145px_Tourism

GREEN ECONOMY WALES PARTNERS:

dev Banc

natwest-logo

BIF

Business-Wales-PRIMARY-LOCKED-CMYK

PRIMARY-ACCA-LOGO-CMYK

british business bank

FSB-2

cynal cymru

business in the community
9 February 2024
Green Economy

Global Accountancy Body in Net Zero First as Profession Steps up Drive for Sustainable Future

ACCA and USW celebrating the 50th anniversary of their partnership, at the USW Newport Campus
Picture by Richard Williams

ACCA (the Association of Chartered Certified Accountants) has become the first global professional accountancy body to have its net zero targets verified by the Science-Based Targets initiative.

The achievement highlights ACCA’s commitment to a sustainable future and is part of its larger focus on equipping and upskilling the accountancy profession across the world to drive the changes needed in businesses and organisations to achieve this.

Helen Brand, chief executive of ACCA, said:

“The SBTi applies independent testing to net zero targets in line with climate science, and we’re delighted that it has recognised our approach and targets. It’s a great step forward on our journey to net zero.

“The accountancy profession has a critical role to play in driving good business decisions and best practice that will create more sustainable businesses and a better, greener future for all.

“We’re working hard to drive this transition through our 773,000 members and future members in 181 countries and our work to influence policymakers. And it's important that we apply best practice in our own operations.”

ACCA is targeting a 50% reduction in carbon emissions by 2030 and net zero by 2045, using science-based best practice.

The Science Based Targets initiative (SBTi) drives ambitious climate action in the private sector by enabling organisations to set science-based emissions reduction targets. It brings together experts to provide organisations with independent assessment and validation of targets.

Find out more about the role of accountants in sustainability.

Related Articles


Green Economy
February 26, 2024

EVENT: Sustainable Business Solutions in Mid Wales
Green Economy
February 26, 2024

Next Steps for the UK Emissions Trading Scheme
Green Economy
February 23, 2024

Ministers and Partners Break Ground on North Wales Growth Deal’s Innovative Development
Green Economy
February 23, 2024

The Importance of Prioritising and Championing Sustainability in the Retail Space
Green Economy
February 22, 2024

Welsh B Corps Take Their Place at Wales Week London