Sustainability

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The GAA commissioned a report on Corporate Natural Capital Accounting (CNCA)

March 20, 2024

A recent report by the Global Accounting Alliance (GAA) highlights the importance of corporate natural capital accounting (CNCA) in helping businesses build resilience and value through nature-positive action and how accountants are well-placed to help drive uptake of CNCA across the market. The GAA-commissioned report, led by ERM and supported by the Biodiversity Footprint Company, IDEEA Group, and eftec, builds on a previous working paper, ‘Time to Take Stock‘, which set out proposals for what a standardized CNCA approach might look like in practice and identified gaps to be addressed. CNCA can improve nature-related data processing, making it more widely applied to business decisions (e.g., in risk analysis, strategy, investment planning and reporting).

The research behind the report involved a series of workshops with accounting and finance professionals from across the Atlantic and Asia Pacific (APAC) regions to explore the CNCA’s relevance to the accountants’ toolkit, trends in the barriers to market uptake, and how the professions can engage in and advance its use.

Read the full report.

 

Sustainability publications developed by the GAA

The Global Accounting Alliance’s statement on the release of the ISSB’s inaugural IFRS Sustainability Disclosure Standards (Standards) – IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures.

June 26, 2023

The Global Accounting Alliance has partnered with the International Federation of Accountants (IFAC), We Mean Business Coalition (WMBC), Accounting for Sustainability (A4S) and the World Business Council for Sustainable Development (WBCSD) on guidance to help professional accountants and finance professionals deliver robust greenhouse gas (GHG) reporting.

May 30, 2023

In advance of the UN Convention on Biological Diversity COP15 in April/May 2022, the Chief Executives of the Global Accounting Alliance released a Call to Action to the accountancy profession.

March 1, 2022

Our Member Organizations

The Association of International Certified Professional Accountants
ICAEW - The Institute of Chartered Accountants in England and Wales
Chartered Accountants Australia and New Zealand
Institute of Chartered Accountants of Scotland
CA Ireland
Institut der Wirtschaftsprüfer in Deutschland e.V. (IDW)
Chartered Professional Accountants of Canada
JICPA
The Hong Kong Institute of Certified Public Accountants (HKICPA)
The South African Institute of Chartered Accountants (SAICA)
The Association of International Certified Professional Accountants
Chartered Accountants Ireland
Hong Kong Institute of Certified Public Accountants (HKICPA)
Institute of Chartered Accountants of Scotland (ICAS)
Institute of Chartered Accountants of Scotland (ICAS)
Institute of Chartered Accountants of Scotland (ICAS)
Chartered Accountants Australia and New Zealand (CA ANZ)
Chartered Professional Accountants of Canada (CPA Canada)
ICAEW - The Institute of Chartered Accountants in England and Wales
Institut der Wirtschaftsprüfer in Deutschland e.V. (IDW)
The Japanese Institute of Certified Public Accountants
The South African Institute of Chartered Accountants (SAICA)
The Association of International Certified Professional Accountants
Chartered Accountants Australia and New Zealand (CA ANZ)
Chartered Accountants Ireland
Chartered Professional Accountants of Canada (CPA Canada)
The Hong Kong Institute of Certified Public Accountants (HKICPA)
ICAEW - The Institute of Chartered Accountants in England and Wales
Institute of Chartered Accountants of Scotland (ICAS)
Institut der Wirtschaftsprüfer in Deutschland e.V. (IDW)
The Japanese Institute of Certified Public Accountants (JICPA)
The South African Institute of Chartered Accountants (SAICA)

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