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Jun 2010

Accounting for climate change

Management accountants have a key role to play in driving sustainable strategic and operational decisions. But CIMA’s research shows that even where finance teams are engaged in climate change related activities, it has often been on an ad hoc basis.

This must change. Management accountants are equipped with tools and techniques that can ensure businesses understand the scale of the problem of climate change, come up with viable solutions and ensure they are properly implemented. This report demonstrates they have a pivotal role in providing business intelligence to support strategy and influence decision making.

The finance team bring the right rigour to ensure that we are not just doing it because it feels like the right thing to do.

Dominic Burch Asda Head of Corporate Communications

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