• Register
Return to: Home > News > Advisory > ICAEW supports UK government’s Green Finance Strategy

ICAEW supports UK government’s Green Finance Strategy

Commenting on the launch of HM Treasury’s Green Finance Strategy to increase investment in sustainable projects and infrastructure, ensure the UK remains an international leader in decarbonisation, and meets its 2050 net zero carbon emissions target, ICAEW Chief Executive, Michael Izza said: “The climate emergency represents the greatest risk of modern times. The Green Finance Strategy has our full support and highlights the fundamental role that finance professionals can play in leading our way out of this crisis and securing a greener future for us all.

“Businesses are already feeling the effects of climate change with extreme weather patterns, for example, having resulted in the downgrading of credit ratings and even bankruptcy for some companies. We can no longer bury our heads in the sand. Businesses must adapt to meet the climate crisis by driving towards net zero carbon and developing new industries and products.

“ICAEW is leading action on climate-related issues across the accountancy profession by raising awareness amongst our members, as well as developing ways to measure and report on value creation beyond the financials.

“We recently launched a joint initiative with Deloitte to help businesses learn more about the effects of climate change and are closely involved in Chapter Zero: The Directors’ Climate Forum to increase boardroom understanding of the risks and opportunities presented by climate change. We look forward to working with the UK government, other regulators and business to further advance progress in this important area.”

Top Content

    Brazil: regulation and technology form basis for recovery

    Opportunities in the capital markets and the ever-growing influence of technology are expected to have a significant impact on the Brazilian accounting profession over the next 12 months, writes Paul Golden.

    read more

    Mentoring support and the opportunity to delegate

    Jon Lisby will be known to many from his former role as CEO of Kreston International. Here, he explains the background to his new venture, Global Alliance Advisory Services (GAAS), and how he aims to offer support to alliance CEOs.

    read more

    Global by name, global by nature

    Stephen Heathcote became chief executive officer of PrimeGlobal on 1 June 2019. Robin Amlôt met him to discuss the various new challenges that he has taken on, and his ambitions for the association.

    read more

    ARGA team, assemble!

    The new top team has been named that will see in root-and-branch reform at the Financial Reporting Council (FRC) as it transforms into the Audit, Reporting and Governance Authority (ARGA). Will the new duo be as dynamic as some are hoping? Robin Amlôt reports.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.