I have already posted a blog this morning on why the International Financial Reporting Standard Foundation has got its proposal for a Sustainability Standards Board wrong.
In this video I expand on that argument. And this issue is vital: if we're to have a sustainable future we must have accounting that integrates green issues within it.
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
There are links to this blog's glossary in the above post that explain technical terms used in it. Follow them for more explanations.
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
Buy me a coffee!
Very interesting Richard. I am, however, slightly concerned about your usage of the term “net zero.” Becoming Net zero does not actually mean a company has to actually reduce its emissions. The clue is in the name…NET zero. Reducing emissions should be our primary focus I think…not carbon offsets, NETs, and the various myriad related ideas, notwithstanding the huge, and lucrative, financial markets they will birth.
This comment is not specifically related to your wise advice on accounting standards, of course, but I thought worth making.
FB
Yes, I get net
Now what do you mean?
I appreciate it does not mean no
And nor does it mean claim offset without evidencing capacity to do so