Accountants are well-placed within their organisations and with their clients to drive action on the climate crisis by signing up to a Race to Zero campaign. Organisations in these campaigns pledge to reach net zero GHGs as soon as possible, and by 2050 at the latest.
We want to know who you are if you have signed up already. If you haven’t yet, we’re here to help you join the race.
Our vision is a ‘race’ that everyone can join and, together, win.
What is the 1,000 Chartered Accountants initiative?
1,000 Chartered Accountants is a joint initiative of the three professional accountancy bodies for Chartered Accountants in Ireland and the United Kingdom - ICAEW, ICAS and Chartered Accountants Ireland. We aim to celebrate and support 1,000 Chartered Accountants who have committed, or want to commit, to begin their journey to net-zero carbon emissions. This can be by leading the way in your own organisations or by helping a client on a net zero journey.
Why should I take part?
As a chartered accountant you are well placed to be a trailblazer in the business community. By signing up to being one of 1,000 Chartered Accountants committing to acting on the climate crisis, you can celebrate your success while using your voice to inspire others to sign up to net-zero.
How can I take part?
You can take part if:
- Your organisation - or your client organisation - is already signed up to a Race to Zero campaign and you have been instrumental in that process.
- Your organisation or client is willing to join a Race to Zero campaign and begin a journey to net zero before COP26 in November.
How will we recognise you?
- Listing you in our Roll of Honour.
- Celebrating you across our communications.
What is 'Race to Zero'?
Race to Zero is a global campaign owned by the United Nations. It pulls together initiatives from across the climate action community under a single umbrella campaign. It aims to rally businesses, cities, regions, and investors (‘real economy actors’) to achieve a healthy, resilient, zero-carbon recovery.
Race to Zero was launched by the UNFCCC ‘Climate Champions’ in June 2020 to give an extra boost to the Climate Action Alliance. The Climate Action Alliance had been set up in 2019 during the 2019 UN Climate Action Summit.
Under the Climate Action Alliance governments commit to being more ambitious in their climate action. The objective of Race to Zero is to mobilize actors outside of national governments to join the Climate Ambition Alliance and to build momentum around the shift to a decarbonized economy ahead of COP26, where governments must strengthen their contributions to the Paris Agreement.
How can I take part in the Race to Zero?
You may already be taking part in the Race to Zero! If your organisation has already signed up to one of the net-zero partner campaigns which is under the Race to Zero ‘umbrella’, you are already part of the Race to Zero campaign. The table on the right lists the partner organisations that all meet Race to Zero’s criteria.
What if my organisation or client has not signed up to a Race to Zero initiative?
There are other ways your organisation can join. Your organisation - or your client - can enter the Race to Zero by signing up with an official Race to Zero partner. See the table for links to the partner organisation that is right for you.
The Four Ps
Although each partner may have slightly different criteria for joining, the criteria for joining the race is known as the Four Ps.
|Pledge||Pledge at the head-of-organisation level to reach net zero GHGs as soon as possible, and by 2050 at the latest, in line with global efforts to limit warming to 1.5C.|
|Plan||Within 12 months of joining, explain what actions will be taken towards achieving both interim and longer-term pledges, especially in the short-to-medium-term.|
|Proceed||Take immediate action toward achieving net zero, consistent with delivering interim targets specified.|
|Publish||Commit to report publicly both progress against interim and long-term targets, as well as the actions being taken, at least annually. To the extent possible, report via platforms that feed into the UNFCCC Global Climate Action Portal.|
Your next steps
If you’re starting out on a net zero journey, check out the list of Race to Zero campaigns and see which one suits your organisations/client organisation best.
Once you’ve signed up to a net zero network or initiative, make note of which chartered accountants were instrumental in taking action.
Fill out this form to join and become one of 1,000 Chartered Accountants.
We may contact you to ask if we can promote you publicly as a 1,000 Chartered Accountants Champion and/or take part in a case study.
Are you climate ready?
Are you professionally ready to mitigate the risk and maximise the opportunity of climate change? We at ICAEW are committed to enabling our members and the broader profession to respond to these challenges. Find resources, information, and inspiration on the ICAEW Climate Hub.