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The CICA’s involvement in the area of sustainability goes back nearly 20 years, and includes participation in many international and domestic sustainability measurement, accounting and reporting initiatives. For example, the CICA was a founding member of the Global Reporting Initiative (GRI), whose sustainability reporting guidelines are used around the world. As the Chronology of CICA Sustainability Initiatives shows, the CICA involvement started with a focus on environmental issues, then broadened to address other dimensions of sustainability, and in the last ten years has included a special focus on climate change issues – recent highlights of which are presented on the Climate Change page of the CICA’s website. News and Events Global Survey
Consultation on the Integration of Sustainability Reporting into Mainstream Corporate Reporting
On behalf of The Prince of Wales's Accounting for Sustainability Project (A4S), the CICA invites you to participate in a survey on integrated reporting. The survey aims to gauge the current status of corporate reporting and views on the development of integrated reporting. It also seeks specific comment on the connected reporting guidance issued by A4S. Your views and comments will help A4S shape the future direction of its work and will inform the work of the International Integrated Reporting Committee (IIRC), whose mandate is to create a globally accepted framework that brings together financial, environmental, social, and governance information in an integrated format. The survey closes September 30th and takes approximately 15-20 minutes to complete. A copy of the key findings will be available to all respondents.
Consultation on the integration of sustainability reporting into mainstream corporate reporting The CICA is a member of A4S' Accounting Bodies Network. For further information, resources, and tools, visit the A4S website at:
http://www.accountingforsustainability.org * * * The Prince’s Accounting for Sustainability Project and the Global Reporting Initiative have announced the formation of the International Integrated Reporting Committee. News Release Accounting for and Reporting on Sustainability An important theme addressed in various ways through the CICA’s sustainability initiatives has been corporate performance measurement, accounting for and reporting on sustainability to capital markets and to other stakeholders. This area of continuing CICA work is summarized in a Media Release, in which the CICA’s President and CEO, Kevin Dancey, emphasizes the importance of making progress on sustainability accounting and reporting, and encourages collaboration on this by all members of the Canadian business, government and investment communities. The Forum of the Prince’s Accounting for Sustainability Project brings the CICA together with international accounting bodies, including the Global Accounting Alliance, to advance corporate accounting for and reporting on sustainability. Suggested Readings: Beyond Accounting - Assessing the Impact of Sustainability Reporting on Tomorrow's Business. This paper provides background to the current state of sustainability reporting. It briefly covers the development of sustainability reporting. It considers approaches to sustainability reporting and the models of reporting that have emerged. Competitiveness and Sustainability - Building the Best Future For Your Business. According to the conclusion of this item, when looking at future trends it is plain that the questions of sustainability are a fundamental part of the operating context for any company. |