Staff Reporter
ACCA (the Association of Chartered Certified Accountants) and World Wide Fund for Nature (WWF-Pakistan) have joined hands to commemorate Earth Day 2021.
To promote awareness about climate risks, highlight key environmental issues and inspire corporate sector for collaborative action, ACCA Pakistan and WWF-Pakistan will jointly be holding a virtual conversation featuring prominent leaders from across the Middle East and South Asia region.
Emphasising on the role of finance as a profession in promoting sustainable business practices, the head of ACCA Pakistan, Sajjeed Aslam, stated: ‘Finance professionals have a key role to play in any organisation’s journey of sustainability as there is an urgent need for them to fully understand the interconnectivity between financial capital and natural capital, recognising that failing to do so is raising reputational, physical and transitional risks.’
Commenting on the collaboration with ACCA Pakistan, Hammad Naqi Khan, Director General, WWF-Pakistan said: ‘WWF-Pakistan and ACCA in Pakistan have previously worked together in introducing the PERA that resulted in greater adoption of sustainable reporting by the corporate sector in the country.
We are happy to be collaborating with them again on a regional level to start a dialogue about the serious climate and environmental risks our communities and economies face.’
South Asia and the Middle East are amongst the most vulnerable regions impacted by climate change with countries like Pakistan, Bangladesh and Sri Lanka already being severely impacted.
The collaboration between ACCA Pakistan and WWF-Pakistan will help the respective governments in the region to get greater support in achieving their sustainability goals from the corporate sector as it becomes more aware about the climate risks and realise the significance of its contributions.