This site uses cookies to store information on your computer. Some are essential to make our site work; others help us improve the user experience. By using the site, you consent to the placement of these cookies. Read our privacy policy to learn more.

Technical

Redressing the balance: How management accountants drive sustainable corporate strategies Logo cgma

  Sandra Rapacioli |   Free |   CIMA |   Dec 2014 |   CGMA.org

Sustainability issues affect all organisations regardless of size, presenting significant new risks as well as potential opportunities.

The challenge for organisations is how to adapt their strategies, business models and practices to respond to social and environmental challenges while creating financial success and value for shareholders.

CGMA research shows that management accountants are poised to help their companies develop more sustainable business practices, but they frequently lack the mandate to do so. Based on a global survey of CGMAs the report explores their views and involvement in corporate sustainability, in particular integrating relevant environmental and social factors into the information and analysis they give decision makers. The report includes a useful guide on the four key ways that CGMAs can influence sustainable decisions. This guide will help both management accountants and business leaders understand their unique contribution to sustainable success.

Topics covered:
  • Management accounting: Business: Strategy, Advanced
  • Management accounting: People: Collaboration & partnering, Intermediate
  • Management accounting: Technical: Management reporting & analysis: Performance management, Advanced

1 Comments/Reflections

Lauren Smith

Lauren Smith Mar 2016

Not really relevant to my role currently. Something to consider for the future.