CSR Asia Forum on Sustainability Disclosure, 23 March 2011
ACCA Singapore is proud to have been the strategic partner of the CSR Asia Forum on Sustainability Disclosure that was held on 23 March 2011.
Organised by CSR Asia, the day-long conference featured presentations from senior representatives of leading organisations such as the Singapore Stock Exchange, the Global Reporting Initiative (GRI), KPMG, Ernst & Young and Asia Pacific Breweries Limited.
The conference covered the major aspects of sustainability reporting, disclosure and communication, including the range of recent local and global reporting requirements and frameworks.
Mr Chiew Chun Wee, the newly appointed Head of Policy and Research (Asia Pacific) of ACCA, also launched the ACCA Singapore Sustainability Reporting Website during the opening address.
Launch of ACCA Singapore Sustainability Disclosure Website
Organisations wanting to disclose their sustainability information are encouraged to access the new ACCA Singapore website on sustainability disclosure, which was produced in partnership with CSR Asia and KPMG.
The website provides useful information and resources for organisations interested in sustainability reporting.
The section on ‘How can an organization disclose sustainability information?’ includes:
• Different ways to disclose
• The reporting process
• Reporting frameworks
• What kind of report should my organization produce?
The website also provides a brief question and answer guide to help organisations better understand what kind of sustainability disclosure they should produce.
Though designed for companies based in Singapore, much of the website’s content is also relevant to organisations operating elsewhere.
Securing the right talent a major challenge for CFOs – ACCA/KPMG Joint Report
According to a recently released report by ACCA and KPMG, entitled Maximising People Power: Effective Talent Management in Finance, the training, development and retention of the finance function is imperative in order for organisations to succeed in this current economic climate.
One of the biggest challenges faced by CFOs today is securing the right talent. The finance function must now take the opportunity to make a difference to their organisations’ success - whether they are in the public or private sector, or a listed multinational or small and medium-sized enterprise.
The report also found that the responsibility lies with CFOs to establish and maintain great talent practices. Any plans that CFOs may have for restructuring the finance function must include a talent management plan that addresses the skills, capabilities and experience levels that are needed.
For information on how CFOs can overcome this challenge, please download a copy of Maximising People Power: Effective Talent Management in Finance.