Net Zero Emissions Pathway
Content Summary
ESG Strategy
At CPA Australia, we understand that environmental, social and governance (ESG) issues shape how business is conducted, regulated, measured and reported. We believe sound management of ESG issues is critical to how businesses create sustainable value.
In support of our overall vision, CPA Australia’s ESG Strategy aims “to incorporate ESG considerations into all our activities in order to meet the present and future needs of our members, employees and other stakeholders to support long-term environmental, social and governance performance”.
We do this by:
- providing education, guidance and resources that help members future-proof their skills and integrate and implement environmental, social and governance initiatives
- working with partners and suppliers who share our core values and objectives, and act ethically and responsibly to create long-term value
- becoming an organisation that is resilient to climate change, in-line with our commitment to Net Zero
- educating our employees to improve ESG outcomes in their work and life
- implementing regular ESG monitoring, reporting and assurance to enable continual improvement
Net zero commitment
Climate change is more than an environmental risk – it’s also an economic risk. At CPA Australia, we believe that accountants and finance professionals have an important role to play in helping to manage this risk.
In 2021, as part of The Prince of Wales’ Accounting 4 Sustainability (A4S), Accounting Bodies Network, CPA Australia joined 13 other professional accounting bodies worldwide to make a commitment to achieve net zero greenhouse gas emissions. Our net zero framework sets out the key focus areas put in place to enable net zero by 2050. It includes what we do as an organisation, and also the impact we have through our membership and partnering with the broader profession.
Net Zero Emissions Pathway
The Net Zero Emissions Pathway maps out the steps we will take now and into the future to achieve net zero emissions by 2050, or sooner, within our organisation. Forming an integral part of our ESG Strategy, as well as CPA Australia’s organisational strategy 2022-2027, the pathway also outlines how we will assist members, employees and other stakeholders to improve sustainability and reduce greenhouse gas emissions.
This pathway encompasses CPA Australia’s actions with respect to transitioning to green energy, reducing waste and improving energy efficiency in our places of work, tracking emissions generated through travel and in our supply chains, and promoting sustainability as a principal component of financial reporting.
Progress on the Net Zero Emissions Pathway will be communicated regularly via this website and in our annual Integrated Report.
CPA Australia's Net Zero Emissions Pathway
This pathway outlines the steps we will take to achieve net zero emissions by 2050, or sooner, within our organisation.