Global Accounting Groups Commit to Sustainability Practices

The Prince of Wales’ Accounting for Sustainability Forum has announced that its 16 global accounting body members have signed the Forum’s five sustainability principles. The forum claims this is the first time that a global group of accounting bodies has committed to a set of sustainability principles. Those principles promote “connected reporting” — reporting that connects an organization’s sustainability impacts with its financial performance more clearly and consistently — and commits participants to collaborative research and training in this area. The signatories include the Canadian Institute of Chartered Accountants (CICA) and the American Institute of Certified Public Accountants (AICPA). (Read the online article at Environmental Leader.)