ICAEW.com works better with JavaScript enabled.

The vital role our profession must play in reaching net zero

Author: ICAEW Insights

Published: 18 Oct 2021

Andrew Griffith, MP is a chartered accountant and the UK’s Net Zero Business Champion. He explains how we get to net zero carbon emissions by mid century and how it won’t happen without the support of chartered accountants.

Andrew Griffith explains how important it is that businesses support the move to net zero. It gives political leaders confidence to make sufficiently bold commitments at COP26 and other international summits, knowing that the millions of companies that will have to implement the decarbonisation of our economy understand the challenge and are ready to take it up. 

He talks about why he has confidence that business can play a massive part in tackling net zero. Namely the “ferocious problem solving power” that managers have grounded in an ability to break down a big challenge into a series of tractable problems and work on those until a solution is found. He also says that he spends “every day talking and working with businesses” and he hears constantly about new innovations to reduce the carbon footprint.

Finally, he says that chartered accountants have a fundamental role to play. In the small business community, they are often the only trusted advisor in the room, so they are invaluable in helping to translate economy- or sector-wide requirements into what it means for a specific business. Beyond that, the whole economy needs a new way of measuring and understanding this challenge – and there’s no one better placed to do this than chartered accountants. He sums up by saying, “This isn’t going to happen, actually – we’re not going to be able to make this change – without harnessing the expertise, experience, and the passion of chartered accountants.”

COP26: acting together

Find inspiration, information and practical resources to support the goals of the UN Climate Change Conference in Glasgow and explore why it represents a critical time for the profession.

A dusky horizon with silhouettes of smoking industrial buildings and electricity pylons

More support

INSIGHTS SPECIAL
A dusky horizon with silhouettes of smoking industrial buildings and electricity pylons
COP26 and climate

Find inspiration, information and practical resources to support the goals of COP26 and explore why it represents a critical time for the profession.

Find out more
Angela Wilkinson 03 Dec 2020
Are you ready for the transition towards net-zero carbon emissions?

As the world moves to more sustainable sources of energy, Dr Angela Wilkinson of the World Energy Council sets out how businesses can adapt, and the impact of COVID-19 on the energy transition needed.

Awards
FFTF logo
Finance for the Future Awards

Celebrating finance leaders committed to creating more sustainable outcomes for their organisations. In this pivotal year for climate change, the judges will be recognising exceptional climate leadership across finalists from all categories.

Find out more