This Chartered Institute of Management Accountants report explores how management accountants, with their capacity to support and influence others, could achieve effective outcomes for their companies.
Within a company, all employees have some measure of responsibility in making certain their organisation lives up to its ethical values. Finance professionals have a large role to play as safeguards, but research reveals they have yet to take on a more specific role when it comes to managing ethics.
Despite widespread agreement that tackling environmental impact should be a priority for business, many companies are choosing the narrow course of action of targeting their carbon footprint, rather than the more comprehensive strategy of integrating environmental concerns into their strategy and policy. Most organisations are also failing to gathering information
Business sustainability is about ensuring that organisations implement strategies that contribute to long-term success. Organisations that act in a sustainable manner not only help maintain the well-being of the planet and people; they also create businesses that will survive and thrive in the long run.