Monday, April 15, 2024

Accounting for Sustainability: A South African Case Study


Business is changing. Traditionally companies have only been interested in the bottom line, but with the global rise in focus towards sustainability, business leaders have turned their focus away from their sole fixation on financial performance to one that encompasses progress on environmental, social and governance fronts.

This is a direct result of the influence of the United Nations Sustainable Development Goals (SDGs) as the global “north star”. At their heart, these goals commit all of us, as citizens of the world, to leave no one behind as we move into an era in which even the poorest and most vulnerable members of our society are looked after. By pledging to uphold this vision, the world’s leaders have committed to addressing the full range of social and economic development issues facing people globally so as to adequately, and collaboratively respond to the complex social, economic and environmental issues that confront us.

It is up to each of us to play our part

Despite a 26-year young democracy that remains hampered by the ghosts of our marginalised past, South Africa has leapt at the opportunities presented by the SDGs. Read more…

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