by ALIFAH ZAINUDDIN/ pic credit: member.mia.org.my
THE Malaysian Institute of Accountants (MIA) will be hosting its first conference on climate change later this month to help accountants better understand and reflect climate change risks in their reports.
The webinar event, which is scheduled to run on July 29, seeks to heighten awareness on the impacts of climate change and the necessary actions that can be taken by the profession — in line with collaborative and collective actions advocated by the International Federation of Accountants.
The MIA has called on accountants in Malaysia to join the fight as many are implanted in companies as leaders and business partners, who can make significant differences by taking the lead in climate change governance, decarbonisation for business and environmental sustainability.
The institute said accountants possess the skill sets to lead in the capture, measurement, reporting and assurance of climate and carbon emissions information needed for organisations and businesses to formulate and implement effective strategies for climate action.
The inaugural Climate Change and Sustainability Conference 2020 will feature discussions on the overall landscape and impacts of climate change risks and establishing effective climate leadership and governance within corporate boards and C-suites, among others.
Delegates can also expect to be exposed to accounting based on climate change reporting standards that are integrated with the International Integrated Reporting Council, Global Reporting Initiative and Sustainability Accounting Standards Board frameworks.
The conference has lined up a list of notable experts and advocates for climate change as speakers including BNP Paribas Asset Management Malaysia CEO and country head Angelia Chin-Sharpe, Ernst & Young Malaysia climate change and sustainability services director Arina Kok and Mott MacDonald UK global sustainability and climate change leader Davide Stronati.
The list also includes British High Commission Singapore’s Isabelle De Lovinfosse, Shell Global environment VP Karen Westley, WWF Malaysia head of policy and climate change Lakshmi Lavanya Rama Iyer, World Bank’s Mohamed Rozani Osman, United Nation Development Programme (UNDP) Malaysia environment analyst Nasha Lee, Climate Governance Initiative’s Datin Seri Sunita Mei-Lin Rajakumar and Singapore’s DBS Bank Ltd head of sustainability reporting Tan Chee Wee.
“If the profession and businesses can join hands with policymakers and civil society against climate change, there is still hope for the wellbeing of the planet and future generations,” the MIA said.
The UNDP has prioritised climate strategy through its UN Sustainable Development Goal. The UN’s Intergovernmental Panel on Climate Change has set a goal that emissions must be halved by 2030 and a net-zero global emissions economy must be achieved by 2050 in order to meet the 1.5°C goal set by the Paris Agreement 2015 and avoid direct consequences of global warming.
The registration fee for the webinar conference is RM350 for MIA members, while fees for non-members are priced at RM455 and a special rate of RM175 is given for academicians. The conference carries four CPE (continuing professional education) hours and is HRDF (Human Resources Development Fund) claimable.
To register, contact Fara at +603 2722 9194 or email to [email protected]