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Sustainable business practices: the accountant’s role in driving change

A green piggy bank on top of a white calculator

In the face of climate change, shifting regulations, and growing public scrutiny, sustainability is no longer just a boardroom buzzword — it’s a business imperative. But while many associate sustainability with operations or supply chains, accountants are emerging as some of the most powerful agents of change.

The evolving expectations of accountants

Today’s finance professionals are expected to do more than balance the books. From collecting environmental data to reporting on ESG (environmental, social and governance) outcomes, the scope of the modern accountant’s role is expanding.

Regulatory frameworks such as the Task Force on Climate-related Financial Disclosures (TCFD) and incoming International Sustainability Standards Board (ISSB) requirements are placing new demands on businesses — and accountants are uniquely positioned to help organisations meet them. With their expertise in data, compliance and assurance, accountants are essential to ensuring that sustainability claims are evidence-based and financially sound.

From compliance to strategy

While sustainability reporting is often viewed as a compliance exercise, the best organisations treat it as a strategic opportunity. Accountants play a key role in this transformation — translating ESG goals into measurable targets, analysing performance, and embedding sustainable thinking into budgeting and forecasting.

This strategic lens enables businesses to make informed decisions that align profit with purpose. Whether it’s identifying the cost benefits of energy efficiency or assessing the long-term impact of supply chain risks, accountants provide the insight needed to balance sustainability with commercial goals.

Skills for a sustainable future

As ESG continues to influence the future of finance, the skills required of accountants are evolving. Professionals need a strong grasp of sustainability frameworks, risk management, and non-financial data reporting — alongside the traditional competencies of financial analysis and compliance.

At Kaplan, we’re helping accountants build these future-focused skills. From professional qualifications like ACCA and CIMA, to specialised sustainability training and apprenticeships, we support learners at every stage of their career. Many of our courses now integrate ESG themes, equipping finance professionals to meet the challenges of a changing world.

Driving long-term impact

Ultimately, accountants are instrumental in holding organisations to account — not just for their financial performance, but for their social and environmental impact too. By bringing rigour, transparency, and ethical leadership to the sustainability agenda, they can help drive meaningful change.

As expectations grow and reporting becomes more complex, the role of the accountant will only become more important. With the right skills and mindset, today’s finance professionals can help shape a more sustainable future for business and society alike.

Want to futureproof your finance skills?

Explore our accountancy and ESG courses to learn how you can support sustainable business decisions.

Hear more on this topic in episode 51 of our Learn Better podcast, where our experts discuss the growing role of ESG in finance and tax. Listen now.

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