Adapting to a changing climate: A growth area for accountants

Accountants have a valuable role to play in helping organizations adapt to climate change: to manage risk, identify and seize opportunities, and enhance resiliency.

A new strategic initiative, sponsored by Chartered Professional Accountants of Canada (CPA Canada) and Natural Resources Canada and managed by the Network for Business Sustainability, says accountants are ideally positioned to help organizations adapt to a changing climate.

Global and local changes in temperature, frequency and severity of extreme weather conditions, as well as the availability of water and other natural resources, are impacting organizations in Canada and around the world. These shifts are giving rise to a variety of operational, financial, reputational, legal and regulatory risks — and opportunities.

As creators, enablers, preservers and reporters of sustainable value, accountants can make their organizations’ adaptation efforts more effective.

If this is an area of interest to you or your organization, please contact: Sarah Keyes, principal, sustainability, Research, Guidance & Support.

Highlights

CPA Canada brought together Canadian business and investment communities to learn about the work of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures.

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