Accounting

    Is there a role for bean-counters in the sustainability revolution? As a former Director of Sustainability Services at KPMG, I have an insider-outsider view. The accountancy profession is necessary but not sufficient. They have played a seminal role in shaping and stimulating sustainability reporting and more recently in translating ESG issues into financial risks. The Sustainability Accounting Standards Board (SASB) has 77 industry-specific standards that flag financially material ESG issues for investors. But it is regulators, activists and customers who can and must ensure that socially and environmentally material risks become financially material.

    — Wayne Visser

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    From Purpose Inspired: Reflections on Conscious Living, Volume 2. Buy on Lulu ↗