SGV Climate Change and Sustainability Services (CCaSS) Partner Benjamin “Benjie” N. Villacorte (BNV) joined the Association of Chartered Certified Accountants (ACCA) Asia Pacific Roundtable on International Public Sector Accounting Standards Board (IPSASB) Sustainability Reporting on 9 May 2023. The roundtable was supported by the ASEAN Federation of Accountants (AFA).
Benjie with the roundtable participants
Benjie provided valuable insights and perspectives, discussing experiences in sustainability reporting, challenges faced, leading practices, and potential areas for improvement. This information is intended to support the IPSASB in developing its agenda on sustainability reporting in the public sector.
Benjie emphasized that sustainability reporting enables organizations to disclose their environmental, social, and governance (ESG) performance. By sharing this information, public sector organizations offer stakeholders a clear understanding of their societal and environmental impact which is crucial in fostering accountability for actions and decisions that also affect the community.