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Professional Insights

Accounting’s role in ESG

Sep 30, 2023 · 2 min watch

Accounting and finance professionals are pivotal in the environmental, social, and governance (ESG) reporting process. Tom Hood, CPA/CITP, CGMA, executive vice president for business growth and engagement at AICPA & CIMA, and Rita Karachun, CPA, CGMA, senior vice president and global controller for Merck, share expert insights on the role of accounting and finance professionals in ESG going forward. Expertise in data management, processes, and controls enable finance professionals to lead the way in sustainability reporting, climate impact, and diversity, equity, and inclusion (DEI) initiatives.

Accounting’s role in strategizing, reporting ESG

Environmental, social, and governance (ESG) reporting is becoming an increasingly important task for businesses as they seek to provide stakeholders with the information they need while complying with new regulations that are being developed.

Accounting professionals will be at the forefront of this reporting because of their understanding of data, processes, and controls. With the help of accountants, organizations will report much more data on climate impacts and diversity, equity, and inclusion.

Learn more in this video featuring Tom Hood, CPA/CITP, CGMA, executive vice president for business growth and engagement for the Association of International Certified Professional Accountants, representing AICPA & CIMA, and Rita Karachun, CPA, CGMA, senior vice president and global controller for Merck.

To learn more about the key role that accountants and finance professionals play in the changing ESG landscape, check out the Sustainable (ESG) Mindset from the Transformative Skills Pack.

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