The goal of the Accounting For Sustainability (A4S) Project is to:
a) highlight the business case for accounting for sustainability
b) provide organizations with the methodology and tools to enable them to embed sustainability into day-to-day processes (into the organizations’ “DNA”)
The Project shares these goals with a number of other organizations, many of whom provide the Project with their experience through regular contact or representation on the various governing boards / groups of the Project.
In 2010 A4S and the International Federation of Accountants (IFAC) entered into a memorandum of understanding – read the IFAC press release.
In 2010 A4S also entered into a memorandum of understanding with the Climate Disclosure Standards Board (CDSB) – read more here.
The Prince’s Charities
A4S is an initiative established by The Prince of Wales and operates within The Prince of Wales’s Charitable Foundation. ‘The Prince’s Charities’ is a group of not-for-profit organizations of which The Prince of Wales is Patron or President. The group is the largest multi-cause charitable enterprise in the United Kingdom, raising over £100 million annually.
Within The Prince’s Charities there are several organizations that operate in the ‘Responsible Business and Environmental Sustainability’ arena. The focus of the A4S Project is accounting for sustainability, and where relevant, we continue to work together to achieve a consistent approach and support each other’s goals.
The International Integrated Reporting Council was established by A4S in 2010 in collaboration with the Global Reporting Initiative and the International Federation of Accountants, as well as all of the main international bodies in the financial, securities and accounting spheres, to develop a framework for corporate reporting fit-for-purpose in the 21st Century. Read more about our work with the IIRC.