The Net Zero Accountancy Initiative has been launched by a coalition of industry partners, marking a major step forward in the accountancy profession’s journey toward Net Zero greenhouse gas emissions.
The Initiative aims to put the tools for action on the climate crisis into the hands of accountancy practices. Among these are:
- A profession-wide protocol that provides a clear and consistent path by which accountancy firms can reach Net Zero and a common standard against which they can be certified.
- A dedicated, sector-specific digital platform providing a complete solution for accountancy firms to calculate their carbon emissions, set targets, get tailored reduction plans, compensate for unavoidable emissions.
- Trusted Certification Marks for firms to communicate their success to clients, employees, and other stakeholders.
Net Zero Now, the climate action platform, worked with Sage, ICAEW, ACCA, AAT and the Good Business Charter to develop the Net Zero Accountancy Initiative.
At the heart of the initiative is the Net Zero Accountancy protocol which provides an industry standard for reaching net zero greenhouse gas emissions, which sits alongside a Climate Action Toolkit providing useful guidance for practices on how to reduce emissions. These resources are freely available at www.netzeronow.org/accountants.
