The CEOs of 13 global accountancy bodies, including the AICPA, have signed a commitment to reach net-zero greenhouse gas emissions “as soon as operationally possible.” The global accounting organizations represent more than 2.5 million professional accountants and students across 179 countries.
According to The Prince of Wales’s Accounting for Sustainability Project (A4S), the organizations will offer members training, support and resources to help them create their own net-zero plans and reduce carbon emissions. A4S contends that the best chance of avoiding the worst impacts of climate change means emissions need to be reduced by half by 2030 and drop to net zero by the middle of the century. Within the next 12 months, the organizations have committed to publish a plan, with goals, and report annually on progress toward net-zero emissions.
AICPA CEO Barry Melancon said in a prepared statement: “Public and management accountants have an important role to play in improving an organization’s integrated thinking and decision-making capabilities to promote responsible and sustainable business practices. They have the necessary skills and expertise to help effect meaningful change in this area.”
In addition to the AICPA, other signatories include accounting bodies in Australia, New Zealand, Ireland, Canada, Germany, Japan, Norway, the United Kingdom, Italy and Norway.