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.


Sustainability accountants: What do they do? Logo cgma

  Malia Politzer |   Free |   Sep 2021 |   FM magazine

Companies are grappling with ESG risks and opportunities in their strategy and business models. Some hire sustainability accountants or create whole departments to measure and track ESG metrics to ensure long-term value creation.

Topics covered:
  • Management accounting: Leadership: Driving performance, Advanced
  • Management accounting: Technical: Management reporting & analysis: Management reporting, Advanced

9 Comments/Reflections

Timothy Samaranayake

Timothy Samaranayake Nov 2023

This article provided a useful introduction to the connection between management accountants and sustainability reporting, as well as advancing an ESG (Environmental, Social, and Governance) agenda Useful to reflect on how a management accountant should integrate sustainability reporting into KPIs etc. and ensuring implications are clear. In my current role, we assist clients in incorporating environmentally sustainable agricultural practices into their business models, aiming for "climate-smart" approaches. These principles can assist us in developing tools that take both commercial and environmental sustainability into account.
Ying Mao

Ying Mao Oct 2023

Sustainability accountants will intergrate nonfinancial impact for the company from long term perspectives.
David Johnson

David Johnson Aug 2023

Sustainability is an area of interest for me and so this article was an interesting introduction into the relationship between management accountants and sustainability reporting and driving an ESG agenda. Having read the article it seems as though there isn't necessarily always a need/possibility to have a dedicated sustainability accountant. Instead a management accountant could incorporate sustainability reporting within KPIs and monthly management packs, in order to create visibility of the cost implications to senior management.
Ashish Mukund Puranik

Ashish Mukund Puranik Jul 2023

this is well written article but there are some important issues like
1 Designing true pathways for sustainability
2 Well studied Sustainable Financial Model for each industry
3 Awareness among the shareholders and other stake holders 
4 Bit of Philosophical disucssions and trends in Sustainability should be brought in black and white formats and standards  
Michael Sodeinde

Michael Sodeinde Mar 2023

All organisations must develop frameworks for their ESG and sustainability reporting. Accountants have a huge role to play in this space by partnering with the business in integrating non-financial metrics into already existing financial reporting systems. For example, a metric like carbon emission intensity can be one of the KPIs reported on periodically.

In some organisations, a separate sustainability accountant position may not be defined. Sustainability reporting may simply be integrated into the annual financial reporting role.