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Corporate responsibility

CIMA’s main impact on society and the environment comes from education and influencing our229,000 members and students in 176 countries, who work at the heart of business in industry, commerce and not-for-profit organisations.

As management accountants required to comply with CIMA’s code of ethics, CIMA members and students are well placed to champion the fundamental principles of that code, which lend themselves to successful and sustainable business strategies.

Corporate governance

CIMA has adopted the UK corporate governance code regulated by the Financial Reporting Council, and implemented it as far as possible.

Our annual financial statements and reports give a comprehensive review of our governance procedures. CIMA released its first integrated report in 2013, and built upon this in 2014, with the second report focusing on our business model and its links to strategy, performance and value creation for a wide range of stakeholders.

UN Global Compact

As non-business signatories to the UN Global Compact, CIMA is required to submit a ‘communication on engagement’ (COE) every second year. Many of our members and students are employed by organisations who are also signatories to the Global Compact, further widening the opportunity of knowledge and implementation of the initiative’s ten principles.

The COE is a statement of our work and support of the Global Compact initiative, towards our stakeholders. In this document you can read about our education and applied research in areas related to the initiative, and dissemination of the ten principles. 

Ethics and professionalism

CIMA members and students are required to comply with the CIMA code of ethics and to adopt its five fundamental principles to their working lives. Providing helplines and resources including reports and tools, we support our members and students in upholding their ethical and professional obligations.

Bribery

CIMA is committed in its business activities in the UK and internationally to prevent and prohibit corruption in all its forms, including extortion and bribery, in accordance with the tenth principle of the Global Compact and the UK Bribery Act 2010.