Greenhouse Gas Reporting Guidance for Accounting and Finance Professionals
We Mean Business Coalition, International Federation of Accountants (IFAC)
New guidance from the We Mean Business Coalition and the International Federation of Accountants (IFAC) aims to help Chief Financial Officers, accountants and finance professionals to prepare to align with new standards and regulations from the International Sustainability Standards Board (ISSB), the European Financial Reporting Advisory Group (EFRAG) and the U.S. Securities and Exchange Commission (SEC).
These new reporting requirements that will make it mandatory for companies to disclose robust information on their greenhouse gas (GHG) emissions and decision-useful information on their exposure to climate-related risks and opportunities. However, robust reporting need not be onerous, if sustainability and finance professionals work together.
Produced by We Mean Business Coalition and IFAC in partnership with Accounting for Sustainability (A4S), the Global Accounting Alliance (GAA) and World Business Council for Sustainable Development (WBCSD), the guidance shows how to build on existing systems and processes to undertake or enhance cost-effective and investor-grade GHG reporting.
A roadmap for accounting and finance professionals
This publication provides finance and accounting professionals with a roadmap to engage with others across their business to prepare for GHG emissions reporting requirements aligned to financial reporting processes.
Download 8 Steps to Enhance GHG Reporting: A Roadmap for Accounting and Finance Professionals (pdf).
Building blocks for accountants
This publication equips accountants with the technical guidance necessary to collect and enhance the quality of data related to all scopes of GHG emissions at individual entity and group levels.
Download: GHG Reporting Building Blocks for Accountants (pdf).