New A4S guide sets out practical steps for integrating ESG factors into MI

Jul 21, 2020

 

A4S (Accounting for Sustainability) has launched a new guide for finance professionals on Management Information.

The guide has been created to support finance professionals to develop and integrate the information needed to respond to social and environmental risk and opportunity into core management information processes.

Integrating environmental and social considerations into management information processes can:

  • Capture what’s important to stakeholders
  • Provide insight to decision makers
  • Safeguard and enhance financial performance for the present and the future

The guide sets out practical steps that finance teams can take to develop an effective management information framework, build a robust control environment and produce insightful management reporting. It also contains illustrative examples to bring the guidance to life and show the benefits to different types of companies.

“We are broadening the definition of what good management information is to capture the things that are important to stakeholders. By going beyond the traditional financial metrics, we will also safeguard and enhance our financials.” Clifford Abrahams, Chief Financial Officer, ABN AMRO

"This guide provides lots of practical advice and should prove an invaluable resource to anyone who wants to help their organization provide the right information at the right time to the decision makers." Roger Seabrook, Vice President, Finance, Marketing and Sustainability, Unilever

A4S is Prince Charles’ Accounting for Sustainability Project and was established in 2004 with the aim of promoting sustainable decision-making in business. On February 25, 2020, Chartered Accountants Ireland today became a signatory, along with 13 other accounting bodies worldwide to a call to action on climate change issued by A4S.