Sustainable Business Management Shared Interest Group

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  • 1.  Competencies - corporate accounting and finance professionals - for sustainability

    Posted 11-07-2023 06:00 PM

    I am opening this discussion as I would like to hear from the community - what are the key, unique competencies that professionals in corporate accounting and finance bring to sustainable business information, management, and disclosure?  It's about reporting and compliance, governance, controls, but it's more!  It's also about skills sets on setting and meeting targets, performance metrics, risk assessments, engaging with senior leadership, technology applications -- all resting on a commitment to ethics in business.

    What are you seeing?  


    #ESGReporting
    #Governance/Controls
    #Talent/Community
    #Academia
    #Connect
    #Leadership

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    Shari Littan
    Director/Manager
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  • 2.  RE: Competencies - corporate accounting and finance professionals - for sustainability

    Posted 12-08-2023 06:20 AM
    Edited by Rosemary Amato 12-09-2023 03:05 AM

    The idea of blending in sustainable practices in one's profession, businesses and people interactions can all make a difference. What about human skills , related to being able to quantify impact of not so sustainable practices, their long term ramifications and inherent costs of not reporting challenges or threats. 

    What about the  ability to weigh the need for better Water Management in a major building and look beyond the numbers for about a few decades down the lane.

    What about ability to be empathetic, articulate and being able to understand the impact of small actions, have discussions on topics like 'One Health' or even be aware and vocal about Corporate Social Responsibility Initiatives and linking them to Sustainable practices. What about Sustainable Lifestyles?. 

    How about emission controls that can be achieved by just making sure there is enough greenery within each office desk? Quantifying them and then helping global bodies set standards?

    Just some thoughts. 

    But as somebody who wishes to pursue this area in the future, the triad of technology , finance and true ESG mechanisms seem to be very exciting.



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    Gautham Krishnan M
    Director/Manager
    Ernakulam
    India
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  • 3.  RE: Competencies - corporate accounting and finance professionals - for sustainability

    Posted 01-24-2024 09:13 AM

    While this is not based on personal experience, I wanted to share that IFAC recently posted some takaways from the Professional Accountants in Business Advisory Group related to the competencies.  The link is below

    The impactful leadership of accountants



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    Paul Juras
    2023-2024 SBMC Chair
    2020-2021 Global Chair
    pjuras@...
    United States
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