Accounting for Climate Change and Sustainability - ACCT5961

Climate change and sustainability are key challenges for our society and economy today. Governments and non-governmental organisations around the world have engaged in various climate change and adaptation policy initiatives to ensure survival and prosperity of current and future generations. This course explores issues related to climate change and sustainability and the implications for industry sectors and businesses. Established and proposed policy frameworks are surveyed and evaluated to highlight the significance of transparency and accountability in reporting economic, environmental, and social performance. The current state and trends in accounting and reporting for carbon emissions in a regulated and voluntary setting will be covered. Risk mitigation and management accounting strategies to respond to consequences of a carbon-constrained economy are also evaluated.