NEW YORK, Jan. 30, 2023 /PRNewswire/ — According to Technavio, the global carbon accounting software market size is estimated to grow by USD 9.61 billion from 2021 to 2026. The market is estimated to grow at a CAGR of 28.66%. Moreover, the growth momentum will accelerate. North America will accountContinue Reading
Importance of Accounting Traditional accounting took around 5,000 years to evolve. Accounting does not just predate writing, it is why writing was invented: the earliest written artifacts, such as this cuneiform clay tablet, were records of commodity trading. Image source: Met Museum However, carbon accounting at the company level hasContinue Reading
Around the world, there is a growing realization that companies, not consumers, are key to the rapid reductions in greenhouse gas emissions needed to mitigate the worst impacts of climate change. Here’s the challenge: Most corporate emissions fall into the category of Scope 3 emissions, the business term for emissionsContinue Reading
Given the risk posed by the closed-door lobbying group more commonly known as the World Economic Forum, this year The Spectator Australia will be keeping a close eye on their latest projects and what they could mean for Australia if our politicians and large corporate CEOs decide to adopt their ideas. JustContinue Reading
By Alina Nikishina. Formed and led by two former honorees of CPA Practice Advisor’s “40 under 40” and “20 under 40” Awards, the Accounting Alchemy Network (AAN) movement is advocating for a major shift in the accounting profession by empowering accountants to be a force for positive change in theContinue Reading
As the plastics industry ramps up production, plastic pollution continues to accumulate in the environment at an alarming pace. Up to 199 million metric tons of plastic is already swirling in the oceans — strangling marine life and leaching toxic chemicals into the food chain — and a study publishedContinue Reading
Despite major efforts by environmentalists to spread the word about the dangers of plastic to our environment, plastic consumption and production are actually rising across the globe. This means that, in addition to the harm that plastic waste does to our oceans and wildlife, we need to contend with theContinue Reading
As the UK Plastic Tax goes live and the European Commission deliberates on an EU-wide recycled content target for plastics packaging, the question of how to accurately measure and provide an audit trail for recycled content derived from the chemical recycling of plastics has become the subject of much debate.Continue Reading
ON March 23, 2022, Bursa Malaysia released a consultation paper that sought comments on its proposals to prescribe the Common Sustainability Matters for the Main Market Listing Requirements and ACE Market Listing Requirements in relation to sustainability reporting requirements. There are seven proposals. Five relate to the Main Market andContinue Reading
The Supreme Court refused to take up a request from Republican attorneys general to block the Biden administration’s use of the “social costs” of greenhouse gases. Also, the Interior Department is proposing new offshore wind leasing off California’s coast. This is Overnight Energy & Environment, your source for the latestContinue Reading
