The education offered to future business leaders, accountants and financiers is “deeply acultural, secular and exclusive”. Faith-based approaches could guide a new model – one that nourishes trust, respects nature and builds a sustainable economy.
Intangible assets have become a major consideration for investors, making up 90% of all enterprise value on the S&P 500. Yet our accounting system has failed to adapt, with real implications for sustainability. Our columnist suggests a simple fix.
We need ‘warrior accountants’ who must do more than help “standardise ESG”, warns Jeremy Nicholls. The risks of depending on declining environmental resources or below-standard working conditions must also be “managed and reported".