The transition to a net zero future is one of the biggest challenges – and opportunities – facing business and the profession today. Accountants have a vital role to play in helping organisations navigate this change, from managing risks to identifying new opportunities. Explore insights, guidance and practical tools to help you build effective transition plans and support your organisation on the path to net zero.
Explore climate
Leadership | Emissions reduction | Climate finance |
Climate reporting
Leadership
The role of boards in reaching net zero
The non-executive board and the task of the net-zero transition are perfect bedfellows, according to Chapter Zero's Chief Executive.
Skidmore report corroborates ICAEW’s key messages
In January 2023, former Energy Minister Chris Skidmore published his Net Zero Review, making 129 recommendations all geared towards maximising economic investment, opportunities and jobs.
Powering the labour market
The report finds that expanding solar and wind power has the capacity to create thousands more secure and skilled jobs across the whole of the UK, helping to reduce the cost of living, improve energy efficiency and advance the levelling up agenda.
What it’s like being a climate activist in Uganda
The world needs activists to bring the biggest problems into stark relief, argues Evelyn Acham – the more the better.
Adair Turner: The mistakes we’ve made on climate, and where to focus now
The inaugural chair of the Climate Change Committee explains how the climate crisis breaks down into two distinct problems and discusses our chances of resolving them.
Michael Izza on the role of chartered accountants in tackling the climate crisis
Michael Izza, former chief executive of ICAEW, tells chartered accountants how they can use their skills and experience to fight the climate crisis.
Let’s hear it for the blue economy
The oceans capture carbon, regulate temperatures, and protect from severe weather events. They are also our heroes in helping us achieve the sustainable development goals so let’s applaud them.
Emissions reduction
TPT publishes guidance on securing transition finance
Expert body’s final batch of advice provides companies in every sector with insights on how to attract investment to support their journey to net zero.
Carbon border adjustment mechanisms: a tool for global decarbonisation
Make sense of carbon leakage, global emissions, and the new trade policy that could reshape how the world tackles climate change.
UK announces introduction of carbon border adjustment mechanism
A carbon pricing mechanism for imports will be implemented by 2027 to support decarbonisation.
How will the EU carbon border adjustment mechanism affect UK businesses?
The EU's carbon border adjustment mechanism enters its transitional phase on 1 October 2023, meaning that UK businesses exporting to the EU must prepare for the changes.
Grunberg goes net zero
Learn how Grunberg & Co Chartered Accountants have set a path for net zero by 2030
UK government’s Net Zero Review touts business incentives
Tax incentives, a Help to Grow Green campaign for SMEs and reforms of the planning system are among the 129 recommendations made by Net Zero Review Chair, Chris Skidmore MP.
10 Carbon Reduction Tips For Your Business
Net Zero Now have compiled a list of the top things you can do in your business or practice to reduce your carbon impact.
The tax-efficient benefits of electric company cars
Sam Inkersole explains how electric company cars offer a favourable benefit in kind for employers and employees alike.
Can tax policy help the UK achieve net zero?
Anita Monteith considers how policy levers can affect the most polluting sectors of transport, construction, power generation and industrial emissions, and wonders how governments can make up for the lost revenue from fuel duty.
Drax: how finance can power ‘carbon negative’ energy generation
Drax’s senior finance manager Chris Simpson explains how finance is helping achieve the former coal power station’s goal of becoming the world’s first ‘carbon negative’ energy generator - the success of which is critical to the UK achieving its own net-zero goals.
Climate finance
The role of taxation in achieving net zero
Taxation could be reformed to support the transition to a net-zero economy. In the first of a two-part series, Ed Saltmarsh, ICAEW’s Technical Manager, VAT and Customs, examines options the UK government could take in the areas of transport and energy.
The role of taxation in achieving net zero – housing and carbon
In the second of a two-part series on how to deploy taxation to help the UK reach net zero, Ed Saltmarsh, ICAEW’s Technical Manager, VAT and Customs, takes a look at housing and carbon emissions.
How SMEs can access transition funding
Many existing products for SMEs are taking net zero and climate plans into account.
Capacity Building for Sustainable Finance gains momentum
The Sustainable Finance Education Charter (SFEC) has released its third Annual Progress Report, showcasing the progress made by professional bodies throughout 2023 in advancing education and training in sustainable finance.
New index helps brands avoid greenwashing and greenhushing
Heralded in a January project launch at the World Economic Forum in Davos, the inaugural Sustainability Gap Index examines the financial differences – and sometimes gulfs – between sustainability perceptions and performance across 4,000 brands.
EU regulators step up scrutiny on greenwashing
Stamping out the rise of greenwashing should ensure investor protection and market integrity, and maintain a trusted environment for sustainable investments.
IMF-backed directory aims to close climate data gaps
New online tool seeks to help market participants make better informed investment decisions to support the global push towards a low-carbon economy.
ESG in Corporate Finance
ESG considerations can have a positive impact on a business’s decisions in relation to transactions. They can also be a driver of transactions as a business’s ESG credentials influence investment and capital allocation decisions.
Green finance: ASEAN & UK perspectives
Insight gathered from interviews with experts across a range of disciplines in ASEAN and the UK, on the role that finance can play in addressing the risks associated with climate change.
Climate reporting
Connecting sustainability and finance
Accountants must take the lead on joining the dots between sustainability and finance information, performance and disclosures.
Read moreISSB issues first sustainability disclosure standards
Corporate reporting has taken a major step forward today as the International Sustainability Standards Board (ISSB) published two IFRS Sustainability Disclosure Standards which aim to boost transparency in ESG information published by companies.
FRC launches best-practice guide for managing ESG data
Guidance provides corporates with adaptable model for thinking about how to optimise the ways they collect and utilise data on ESG themes.
Improvement needed for reporting under new climate rules
Separate reports from the FRC and FCA indicate that premium listed companies have made significant progress in the quality of climate-related reporting, but more needs to be done.
Paris-aligned accounts
The Paris Agreement aims to achieve net zero emissions globally by 2050. Reaching these goals will require action from all. ICAEW explores how accountants in business and practice can align corporate reporting to the Paris Agreement objectives.
ESG assurance
The expectations of financial services organisations and other corporates are changing fast. Profit cannot be the only measure of success – environmental, social and governance principles need to be observed and taken into consideration to satisfy a broad range of stakeholders.
Financials remain woefully short on climate information
Barbara Davidson, Senior Analyst – Regulatory and Accounting at the Carbon Tracker Initiative says that without an understanding of the impact of energy transition on company financials, the extent of capital at risk – and whether funds are being allocated to unsustainable businesses – remains largely unknown.
Climate change is paramount for annual reporting
Climate change and energy transition is the biggest challenge the world is facing. It is paramount for Shell and front of mind when developing its annual report and financial statements, says Edwin Kunkels, Vice President Group Reporting and Deputy Controller at the company.
Sustainability reporting: why should SMEs care?
Call it the pandemic effect, but the penny is finally dropping that environmental and social reporting is becoming the responsibility of all practitioners and companies – not just large complex organisations and their advisers. Johan Barros, EU Policy Manager at Accountancy Europe, explains.