Accounting for sustainability: drawing on a new CIMA guide, Louise Ross sets out practical steps for developing a sustainability strategy and reports on current practice.

Financial Management (UK)Nbr. 2010, January 2010

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Accounting for sustainability: drawing on a new CIMA guide, Louise Ross sets out practical steps for developing a sustainability strategy and reports on current practice.

Environmental sustainability can be a source of competitive advantage. Unfortunately, some organisations see it only as a regulatory burden or a cosmetic activity designed to reassure their stakeholders, while many consider that resources devoted to sustainability initiatives in the current economic climate are better spent on those needed for their survival.

The key to gaining more value from sustainability activities is to integrate them into corporate strategy, so...

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