SGV Climate Change and Sustainability Services (CCaSS) Senior Manager Crystal Aleli R. Cornell was a speaker at the Junior Philippine Institute of Accountants – University of St. La Salle’s webinar on International Financial Reporting Standards (IFRS) Sustainability Standards on 2 December 2022.
Crystal receives Certificate of Appreciation
Crystal provided an introduction to sustainability, including the drivers and relevance of sustainability. She highlighted that sustainability creates long-term value, and for companies to be able to show their commitment to long-term value creation, this entails reporting to the stakeholders as responsible organizations.
Crystal also shared the evolving requirements on sustainability reporting, as well as the significant developments in the standards and guidance around these reports. She discussed the requirements of the two Exposure Drafts on IFRS Sustainability Standards published in March 2022.
Crystal emphasized the role that accountants play in the growth of sustainability, particularly in the integration of the accounting and finance function in the non-financial reporting processes and controls based on their experience and knowledge of leading practices.
