Changing expectations of corporations by investors, employees and consumers are forcing companies of all sizes to increasingly account for social risk - the material risks to a company from major social trends – pushing sustainability further into the orbit of finance departments.
However, a lack of consensus around reporting standards, inconsistent data and concerns about ‘impact washing’ mean reporting on the ‘S’ in ESG may be easier said than done.
What role can CPAs play in helping companies demonstrate their value to shareholders and broader society? And are they up to the task?
Learn more in CPA Ontario’s report.