IFAC's Action Plan for Fighting Corruption and Economic Crime (Action Plan) provides a framework for how we can enhance the accountancy profession’s role in combating corruption and economic crimes, thereby advancing the UN SDGs. The framework is organized into five overarching pillars and includes over thirty actions, that are meant to evolve over time.

To achieve net-zero commitments and climate neutrality requires robust climate transition planning that provides the basis for strategic decision-making, fulfills investors’ reporting needs, and allows asset owners and managers to efficiently allocate capital and mobilize resources. 

To better understand how finance leads are enabling their organization’s decarbonization strategies and transition planning and what obstacles they’re facing, IFAC and A4S are partnering to host a Climate Week NYC event on September 21, Finance Leaders Plugging the Net-Zero Information Gap: Exploring the critical role of CFOs and finance teams in the climate transition. 

This event will be a panel discussion moderated by Jessica Fries, Executive Chair, A4S, and feature:  

• Shamsul Bahar, VP & Group Financial Controller, PETRONAS
• Patti Humble, IMA Board Member, and Chief Accounting Officer, UPS  
• Kee Chan Sin, Assistant Treasurer - Capital Markets & Corporate Finance, Verizon 
• Swami Venkataraman, Associate Managing Director, ESG, Moody’s   
• Jing Zhang, Head of Climate Research, IFRS Foundation

 “Making climate a priority is one step at the beginning of a long journey towards achieving net-zero that will be different for each organization,” said IFAC CEO Kevin Dancey. “The professional accountant’s ability to translate risks and opportunities into numbers and actions will be an essential component of developing and achieving climate transition plans necessary to meet critical climate commitments.”  

Register now to join the virtual event September 21 at 9am ET. A recording will be available online after the event.

About IFAC 

IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of 180 members and associates in 135 jurisdictions, representing more than 3 million accountants in public practice, education, government service, industry, and commerce. 

About A4S 

Accounting for Sustainability (A4S) was established by HRH The Prince of Wales in 2004. Our aim is to transform finance to make sustainable business, business as usual. 

IFAC welcomes the opportunity to comment on the U.S.