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Home Business Insights ESG and sustainability

KPMG, ACCA launch ESG program for accountants

FutureCFO Editors by FutureCFO Editors
October 25, 2024
Photo by Elina Sazonova: https://www.pexels.com/photo/selective-focus-photography-of-cherry-blossom-trees-1907059/

Photo by Elina Sazonova: https://www.pexels.com/photo/selective-focus-photography-of-cherry-blossom-trees-1907059/

KPMG in Singapore and the Association of Chartered Certified Accountants launched a pioneering learning ESG programme for the accountancy profession, according to a press release.

The programme, which is a direct response to the recommendations of the Accountancy Workforce Review Committee (AWRC) report released in May, is designed to address the future skills needed for the accountancy profession, as well as equip non-accountancy graduates and strengthen their professional capabilities to enter the field.

In alignment with the AWRC report, the initiative seeks to equip accountants with future-ready ESG skills, ensuring the profession remains indispensable to advancing sustainable business practices.

The programme also creates an inclusive pathway for those without a traditional accounting background, enabling them to transition into the profession through specialised ESG training. This dual focus addresses both the evolving skill requirements and the necessity of diversifying the talent pipeline within the accountancy sector.

KPMG and ACCA's initiative highlights the evolving role of accountants beyond traditional audit and assurance functions. With sustainability reporting becoming increasingly critical, the demand for ESG expertise is surging with accountants now needing to lead the charge in advancing sustainable business practices across various industries.

Related:  Business resiliency requires a strategic approach to digital transformation
Tags: ACCAaccountancy professionESGKPMG
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