Monday, January 12, 2009

Canada’s CA profession providing sustainability strategy

Canada’s Chartered Accountants were active participants at a recent international gathering focusing on ways to enable environmental and social performance to be better integrated into an organization’s strategy and reporting. On December 17, 2008, more than two hundred representatives from the corporate sector, the investment community, academia and others met in London, England for the Prince’s Accounting for Sustainability Forum. The Prince of Wales first established his Accounting for Sustainability group in the summer of 2004 to research and develop systems that will help both public and private sector organizations incorporate sustainability into day-to-day decision making as well as financial and management reporting. Making a presentation at the event, Dave Pollard, CA, Vice-President, Knowledge Development, with the Canadian Institute of Chartered Accountants (CICA) suggested ways to more effectively incorporate sustainability assessment into an organization’s strategy and risk management processes and reporting. (Read the CICA Media Release.)