Have your say on recommended SDG Disclosures

By Carol A Adams Main points: The sustainable development issues addressed by the UN SDGs will impact on long term business success. Businesses, asset owners and asset managers are incorporating the risks and opportunities they bring into their decision making. ACCA, CAANZ and ICAS have collaborated to publish SDG disclosure recommendations – accountants have a […]

Institutional drivers of environmental management accounting adoption in public sector water organisations

by Mohammad Imtiaz Ferdous, Carol A Adams and Gordon Boyce The paper examines the influences on adoption of environmental management accounting (EMA) in corporatised water supply organisations, from an institutional theory perspective, drawing on concepts of reflexive isomorphism and institutional logics. Design/methodology/approach – The primary research involves case analysis of three companies in the Australian […]

Examples of companies linking the SDGs to value creation

by Carol Adams Main points Examples of companies contributing to the SDGs through their overall strategy to create value Partnerships are important to achieving the SDGs and should be acknowledged In my 2017 report The Sustainable Development Goals, Integrated Thinking and the Integrated Report published by the Institute of Chartered Accountants of Scotland (ICAS) and […]

“All is not yet quite lost, but this really is the final call”

by Carol A Adams In a speech at St James’ Palace last month, His Royal Highness, Prince Charles said: “All is not yet quite lost, but this really is the final call.” Speaking about climate change, he noted: having tried for so long to warn of the consequences of failing to take the necessary action soon […]

Corporate Governance Code consultation tackles the big issues

by Carol A Adams Ethnic diversity, the UN Sustainable Development Goals, wider stakeholder interests and encouraging a longer-term focus are some of the issues considered in the UK Financial Reporting Council’s (FRC) consultation on the revision of the Corporate Governance Code. Elsewhere many corporate governance codes are yet to address these issues and, whilst the […]

Cbus Annual Integrated Report 2017 and the SDGs

by Carol A Adams The Cbus Annual Integrated Report 2017 articulates how the pension fund contributes to the Sustainable Development Goals (SDGs) acknowledging the important role of long term investors.  The report identifies six SDGs which Cbus can contribute to and also recognises that it has more work to do in developing strategy to do […]

New approach for businesses seeking to contribute to the SDGs

by Carol A Adams My report outlining a new approach supporting businesses looking to contribute to the achievement of the Sustainable Development Goals (SDGs) has been published today by the International Integrated Reporting Council (IIRC) and ICAS (the professional accountancy body), in partnership with the Green Economy Coalition. While overall responsibility for the SDGs lies […]

Five steps to aligning the SDGs with the Integrated Reporting Framework

By Carol A Adams The <IR> Framework provides an opportunity for organisations seeking to respond to the Sustainable Development Goals (SDGs) to get Board level attention for integrating them into strategy and reporting. This article identifies five steps for embedding the SDGs in alignment with the valuation creation process of the <IR> Framework. The steps […]

Transformative change towards sustainability: the interaction between organisational discourses and organisational practices

by Venkateshwaran Narayanan and  Carol A Adams This paper adopts a case study approach to explore the complex process of organisational change towards greater social and environmental sustainability. The case study of a major global financial services organisation involved interviews and examination of company documents, and their website over the period 2000-2014. The rare longitudinal empirical evidence […]

KPMG’s approach to valuing externalities: better decisions or fundamentally flawed?

by Carol Adams Approaches to valuing social and environmental activities have recently provided consultants with a new stream of work and academics with something to critique.  Some are genuinely horrified at the prospect of putting a monetary value or cost on something which is priceless, such as water or biodiversity. KPMG’s New Vision of Value might […]