2021/22 Summary

Environmental Sustainability

Members are increasingly placing high importance on waste and plastic reduction. They are setting ambitious goals with accelerated timelines for achieving carbon neutrality as the call for more environmental-focused policies quickens. As a center of excellence, PrimeGlobal is enriching member firms by facilitating connections, creating trusted relationships, promoting firm development, and providing business opportunities in this rapidly emerging area.

PrimeGlobal

On Earth Day, PrimeGlobal staff highlighted the 13th UN goal. Taking immediate action to combat the impact of climate change, a team challenge was launched, gathering a week’s-worth of plastic and posting on Teams, sharing the impact and reducing plastic usage. PrimeGlobal’s new strategic partner, Xero, participated in a panel discussion to provide practical help and introduced new climate impact services. Strategic Alliance Partner, ACCA hosted an exclusive PrimeGlobal webinar, “Accounting for a Better World”, an initiative that works with stakeholders and partners around the world. ACCA curated a range of insights and resources to help accounting professionals in SMEs and SMPs navigate the sustainability journey. This was attended by 150+ members from more than 10 countries.

Member Firms

The IFRS Foundation’s International Sustainability Board has developed Disclosure Standards to provide a global baseline of disclosure requirements that can be used by jurisdictions on a standalone basis or incorporated into broader reporting frameworks. Several PrimeGlobal firms now offer services to promote ESG reporting and make a positive impact on climate change while addressing growing concerns from key stakeholder groups, providing the firms with a critical competitive advantage.