15 December 2022, London – AICPA & CIMA, together as the Association of International Certified Professional Accountants, have launched Accounting for Nature – a new online educational brief designed to help accounting and finance professionals better understand natural capital, how to measure it, and how to integrate its value into business models. The resource’s launch marks the Finance and Biodiversity Day at the 15th Conference of the Parties (COP15) to the United Nations Convention on Biological Diversity (CBD) and highlights the important role professional accountants have to play in this context.
Dr. Jeremy Osborn, FCMA, CGMA, CPA (Aust.), Global Head of ESG at the Association of International Certified Professional Accountants, representing AICPA & CIMA, said:
“Understanding the material impact of nature on an organisation and its value chain, and vice-versa, can help build future business resilience and address nature loss. Accounting and finance professionals have the skillsets and knowledge in organisational governance, strategy, risk management and performance, to support sustainable decision-making and investment that protects biodiversity and restores nature through their business analysis, and assurance of both financial and sustainability-related information.”
The series of “Accounting for” briefs include:
Environmental issues brief: Accounting for the Sustainable Development Goals
Environmental issues brief: Accounting for 2 degrees (available in March 2023)
For additional AICPA & CIMA sustainability resources, please visit: