TORONTO, March 27, 2014 /CNW/ - A new publication from the Chartered
Professional Accountants of Canada (CPA Canada) provides a valuable
roadmap to help companies initiate sustainability reporting in response
to an increasing number of stakeholders looking for this information.
Effective reporting outlines how an organization's sustainability
efforts are linked to the company's strategy. It also communicates the
organization's environmental, social, economic and governance-related
priorities, programs and performance. CPA Canada's A Starter's Guide to Sustainability Reporting is an excellent starting point for new or early-stage reporters and is
useful for small and mid-sized public companies as well as large
"No matter the company size, a common challenge when starting is
determining how the organization can make the best use of time and its
people to implement a soundly-structured reporting process," says Gord
Beal, vice-president, research, guidance and support, with CPA Canada.
"Sustainability reporting can look like a daunting task but our guide
simplifies the process by outlining key steps, relevant tools and
practical advice to assist companies in achieving a well-managed
"For companies without a focused sustainability program in place, the
process of developing sustainability reporting can reduce the potential
for internal silos and create a shared understanding within the
organization of both its risks and opportunities," says Pam Campagnoni,
a principal with CPA Canada.
Key benefits associated with developing sustainability reporting
Identifying the issues that matter most to a business and its
Guiding management to make effective sustainability investments.
Aligning sustainability performance with bottom line performance.
Helping to foster a company-wide understanding of the business case for
"Developing sustainability reporting will help companies better define
and understand their high-priority topics and stakeholder audiences as
well as develop a stronger network of partners and resources, both
internal and external." adds Campagnoni. "Our publication helps with
the crucial first steps."
A Starter's Guide to Sustainability Reporting is available online at www.cpacanada.ca/GuideSR.
About CPA Canada
CPA Canada is the national organization established to support
unification of the Canadian accounting profession under the Chartered
Professional Accountant (CPA) designation. It was created by the
Canadian Institute of Chartered Accountants (CICA) and The Society of
Management Accountants of Canada (CMA Canada) to provide services to
all CPA, CA, CMA and CGA accounting bodies that have unified or are
committed to unification. As part of the unification effort, CPA Canada
and the Certified General Accountants Association of Canada
(CGA-Canada) are working toward integrating their operations this
year. Unification will enhance the influence, relevance and
contribution of the Canadian accounting profession both at home and
SOURCE: CPA Canada
For further information:
or to arrange an interview, contact:
Tobin Lambie, principal