Monday, 6 July 2009

The Low Carbon Business

A scheme set up by the Prince of Wales to encourage companies to disclose their environmental impact in their financial reports will today receive the backing of 16 of the world’s leading accountancy bodies, including the Association of Certified Chartered Accountants and the Institute of Chartered Accountants Institutions representing 1.4 million accountants will back the Prince in pushing for greater transparency on companies’ greenhouse gas emissions, water and energy use and waste
It is the first time that the accountancy profession has formally backed the disclosure of businesses’ environmental footprint alongside financial results The Prince established the Accounting for Sustainability project in 2004 to persuade organisations and businesses to “embed” social and environmental considerations in routine decision-making