What do we mean by sustainability? The sustainability of an organisation is much more than its ability to generate profits - it is the ability to endure in the long term in the face of environmental, social and economic challenges.
What sustainability means for you
Sustainability reporting has increased exponentially in recent years - at the moment sustainability reports are voluntary but legislation may not be far away.
The Government are currently consulting on whether to make reporting mandatory. But sustainability is about much more than simply compliance - it is about embedding a culture within an organisation.
And it doesn't need to cost the Earth - recent academic research suggests that becoming environmentally-friendly can actually reduce the costs of a business and increase revenues.
The ICAS Sustainability pages keep you up to date with important news in the reporting arena and provide you with links to a wealth of information and guidance. Our Corporate Social Responsibility (CSR) template provides a skeleton report that can be adapted to suit any organisation.
The ICAS Sustainability Advisory Group was set up to assist members with this developing area. We are always keen to hear from our members so if you have some ideas for what you would like to see on the website or if you believe you could contribute to the Sustainability Advisory Group please email us at accountingandauditing@icas.org.uk.