Podcast: Can SMEs Keep Up With ESG? (ICAEW)
Thought Leadership
October 26, 2023This is a thought leadership podcast from global professional body for chartered accountants ICAEW as part of their Insights In Focus series. In this episode, the host and guests discuss how the introduction of sustainability assurance, both voluntary and mandatory, is affecting firms of all sizes.
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In this Insights In Focus episode from ICAEW, host Philippa Lamb discusses the introduction of sustainability assurance with Richard Spencer, ICAEW Director of Sustainability; Heather Buchanan, Cofounder of Bankers for Net Zero; and Vandana Saxena Poria, ICAEW adviser and member of the B20 Action Council for ESG in Business.
Back in April 2022, the UK became the first G20 nation to bring recommendations from the Task Force on Climate-related Financial Disclosures (TCFD) into law. TCFD requirements only apply to the UK’s largest organisations, but many SMEs are facing pressure from stakeholders to follow suit. And as the sustainability of entire supply chains comes under greater scrutiny, that pressure is only set to intensify.
So, how are firms navigating sustainability assurance at a time of economic instability and tight margins? And what role will accountants play in the transition to wider forms of reporting and disclosure?
Listen to the episode in full here.
You can access further episodes from the series at this link.
