RegulationAccounting StandardsPrince Charles’ green report out tomorrow

Prince Charles' green report out tomorrow

Accounting for Sustainability project will unveil its recommendations tomorrow, with chancellor in attendance

The Prince of Wales is to unveil his plans to overhaul corporates’ green
accounting tomorrow.

The long-running ‘Accounting for Sustainability’ report will be unveiled
tomorrow at St James’s Palace, at which findings and recommendations are set to
be released.

The Prince of Wales will deliver a speech, alongside chancellor Alistair
Darling, Sir Mike Rake from BT and Justin King from J Sainsburys.

More than 40 people have been working
on the
project
, with the Prince’s interest in the project stretching back several
years.

Sir Michael Peat, the Prince’s personal private secretary,
wrote
in Accountancy Age
earlier this year: ‘At the moment companies and
organisations often lack the internal processes which would make sustainability
a natural part of strategy and day-to-day management. They also often lack the
reporting model which would ensure that sustainability takes its place alongside
other important information that investors, employees and consumers want and
need to see.’

Further reading:

Sir
Michael Peat on the project

Project
website

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