Climate change and financial statements

Auditors significantly have to have to look at how climate dangers these types of as weather conditions functions, and the challenges of transitioning to net-zero, may possibly have an impression on monetary statements. Lesley Meall shares some crucial feelings and tips from auditors, regulators, typical-setters and ICAEW.
We have all completed our bit to lead to climate modify, and we should all do our bit to curtail it. Fortuitously, numerous accountants are capable to make a big difference both of those personally and skillfully. “As dependable advisers to all styles of organizations, we are effectively positioned to generate the sustainability agenda and change the ambition of a low-carbon globe into a fact,” says ICAEW’s CEO Michael Izza.
ICAEW has been actively pursuing this ambition for some a long time by using a guide on its journey to carbon neutrality collaborating on initiatives these kinds of as the Experienced Bodies Climate Motion Constitution and supplying members with a specialist ‘Climate Hub’ of sources, info and inspiration.
