A collection of resources from ICAEW, and views from other stakeholders, on issues relating to sustainability, the profession and the wider community.
An overview of NAO’s sustainability reportsThe National Audit Office publishes a wide range of reports and below is a summary of some of their recent work on climate and the environment.
This report covers the scale of the challenge to achieve the net zero target and the roles and responsibilities for achieving net zero within government. It also looks into the coordination arrangements that bring together the different government departments involved in achieving net zero as well as the risks that need to be managed.
December 2020, (NAO) report
There is some evidence of the positive impact that taxes can have on the environment, but too little is known about their effect. The exchequer departments tend to focus more on the revenue that environmental taxes raise rather than the environmental impact they achieve. How taxes impact behaviour and how the UK’s transition to net zero is funded are very important – taxes are one of the key tools in pursing the environmenFurthertal goals.
February 2021, (NAO) report
Despite the government having spent more than £1 billion over the past ten years to incentivise the take-up of ultra-low emissions cars, the carbon emissions from cars have not reduced in line with government’s initial expectations. This report looks at why.
February 2021, (NAO) report
July 2021, (NAO) report
August 2021, (NAO) insight
September 2021, (NAO) report
March 2022, (NAO) report
February 2022, (NAO) briefing
May 2022, (NAO) briefing
June 2022, (NAO) report
March 2023, (NAO) report
Further resources relating to sustainability, the profession and the wider community
This thought leadership project explores what we mean by economic success. It considers the role that GDP and profit play in this, and the potential for broader measures of economic success to help us balance our economic priorities, our social goals and the constraints imposed on us by the natural environment we live in.
November 2016, Malcolm Torry
Basic income is a subject that is being discussed in many different spaces these days. This opinion piece by Dr Malcolm Torry, Director of Citizen’s Income Trust, explores four different methods of implementation for a basic income. It is a publication in our Outside Insights series, which gives a platform to alternative opinions.
November 2015, Adrian Henriques
As businesses and organisations acknowledge the deteriorating state of the natural world and society, they are beginning to quantify natural and social capital to assess their wider impacts. Adrian Henriques provides an interesting discussion into both the use and potential problems of this process, and lays out some guidelines of good practice to ensure that any quantification is carried out in an appropriate way.
December 2014, Dario Kenner
Much of the focus today is on how business quantifies its impact and dependency on nature and within that whether valuation is an appropriate approach. Dario Kenner, of Why Green Economy?, brings a refreshing new perspective by asking who should value nature because this will ultimately determine how and why it is done.
This publication was launched at Rethinking Capitals: going beyond the financial
February 2014, Hazel Henderson
In this thought provoking and agenda-setting publication, co-published with Tomorrow’s Company, Hazel Henderson offers a new solution to obsolete frameworks. She advocates a transition to a ‘solar age’ as a pathway to a more green and sustainable economic future.
July 2012, James Featherby
James Featherby raises thought provoking points about how finance has come to reflect Western thinking that is increasingly individualistic, reductionist, utilitarian, controlling and pragmatic and has set out key principles to change this.
November 2009, Graham Hubbard
This briefing highlights significant questions that need answers before sustainability reporting gains broad-based acceptance. Who are the target audiences for sustainability reports? How do sustainability reports link to strategy? Can they be comparable across organisations and, perhaps most importantly, what is the impact of sustainability reporting on business practice?
October 2009, Hazel Henderson and Fritjof Capra
In this thought piece by Fritjof Capra and Hazel Henderson, co-published with Tomorrow’s Company, GDP is questioned as a good measure for growth. It offers a conceptual framework for finding solutions to our current economic crisis that are economically sound, ecologically sustainable, and socially just.
October 2008, David Bent
Some business people still think that sustainable business initiatives are just distractions from the real social responsibility of business: making profit. They worry that being ‘socially responsible’ will harm the company’s bottom-line edge and damage the nation’s competitiveness. In this report, David Bent asks if and how environmental issues can be tackled in ways that enhance competitiveness.
This publication followed a two-day gathering of the UK’s leading systems entrepreneurs in November 2014 at the Saïd Business School at the University of Oxford. The workshop was designed to help build the lexicon of systems change as a practice.
This report identifies a number of mechanisms by which sustainability may be enhanced and describes the contributions that professionally qualified accountants can make to their effectiveness.
Speech to welcome Mark Carney
Welcome speech given by ICAEW Chief Executive Michael Izza to Mark Carney, Governor of the Bank of England, at the Accounting 4 Sustainability summit on 16 November 2016.