Net Zero is a state of balance between the greenhouse gases produced in the atmosphere and the amount removed from it and as there is an increasing need to combat climate change throughout the world, the journey to net zero becomes ever more important. The UK Government has set out its own net zero reduction strategy and aims to achieve net zero by 2050 with an interim emissions reduction target of 45% by 2030.
Sustainability and climate articles
Read the latest articles from the ICAEW Sustainability and Climate Change Community.
Where does the finance profession start with playing its part in solving the ever-increasing global crises?
The invasion of Ukraine has accelerated the urgency to reduce our reliance on fossil fuels, with the case for renewable energy now front and centre for the business community as sustainability is strategic for every business.
On 15 March, the Taskforce on Nature-related Financial Disclosures (TNFD) released the first beta version of their framework, building on the recommendations developed by the TCFD.
By using a smart meter, your business can positively contribute to a cleaner and greener world.
In 2022, Resilience First are collaborating with the Global Covenant of Mayors, The Resilience Shift and Arup to develop a climate risk and adaptation reporting framework that will be effective both for businesses and the government administrations where businesses are located. This is an opportunity for you to help shape the outputs of this work and ensure a product that meets your needs. The questionnaire (taking ~10 minutes to complete) will be live for 4 weeks, closing on 7 February.
GCSE-aged pupils at UK schools will learn work and life skills through a programme launched by ICAEW and five large professional services firms.
Looking at the year gone and planning for 2022.
Video recordings from Account Fest 2030, a festival-style virtual event that brought together people from across the profession to visualise what the world will look like in 2030.
Companies looking to control their costs and embrace a circular economy business model would do well to follow the example of sugar producer AB Sugar, which has transformed its business by turning waste products from its manufacturing process into a significant revenue stream.
Sarah discusses the Community's successes and future plans.