{"id":18051,"date":"2021-10-11T03:00:00","date_gmt":"2021-10-11T03:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/10\/11\/cpa-australia-demand-for-esg-talent-to-boom-in-mainland-china\/"},"modified":"2021-10-11T03:00:00","modified_gmt":"2021-10-11T03:00:00","slug":"cpa-australia-demand-for-esg-talent-to-boom-in-mainland-china","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/10\/11\/cpa-australia-demand-for-esg-talent-to-boom-in-mainland-china\/","title":{"rendered":"CPA Australia: Demand for ESG talent to boom in Mainland China"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>BEIJING,&#13;<br \/>\nMAINLAND CHINA &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media&#13;<br \/>\nOutReach<\/a>\u00a0&#8211; 11 October 2021 &#8211;<b> <\/b>Demand for environment, social and&#13;<br \/>\ngovernance (ESG) talent in Mainland China will boom in the next five years,&#13;<br \/>\naccording to a survey by one of the world&#8217;s largest professional accounting&#13;<br \/>\nbodies, CPA Australia. This finding comes as CPA Australia as joins 12 global&#13;<br \/>\naccounting bodies in committing to net zero greenhouse gas emissions. <b\/><\/p>\n<p>CPA Australia surveyed over 400 accounting&#13;<br \/>\nand financial professionals across industries in the Greater China region,&#13;<br \/>\nincluding 139 respondents from Mainland China. Eighty-eight per cent of&#13;<br \/>\nsurveyed Mainland Chinese accounting and financial professionals expect local&#13;<br \/>\ndemand for ESG talent to increase in the next five years. Seventy-four per cent&#13;<br \/>\nof respondents expect accountants will play a key role in achieving carbon&#13;<br \/>\nemission reduction commitments in Mainland China. <\/p>\n<p>Deborah Leung FCPA (Aust.),&#13;<br \/>\nExecutive General Manager International of CPA Australia said, &#8220;The results&#13;<br \/>\nclearly reflect Mainland Chinese businesses&#8217; growing focus on ESG. This ties in&#13;<br \/>\nwith the green and environmental protection commitments of the 14th Five-Year&#13;<br \/>\nPlan and we are glad to see more Mainland Chinese businesses have begun to&#13;<br \/>\nconsider ESG performance as a key factor for business success. <\/p>\n<p>&#8220;Accounting and financial professionals&#13;<br \/>\nplay a critical role as enablers of environmental protections and promoting ESG&#13;<br \/>\nin the capital market. They are qualified to provide deep business insights&#13;<br \/>\nabout sustainability risks and opportunities, support green finance, and help&#13;<br \/>\nimprove disclosure mechanisms and policy frameworks. <\/p>\n<p>&#8220;As an organisation with a global presence&#13;<br \/>\nand deep commitments in the Greater China market for over 65 years, we&#13;<br \/>\nacknowledge the impact of climate change and the urgency of taking actions to&#13;<br \/>\nachieve net-zero emissions and promoting ESG in the businesses.&#8221;<\/p>\n<p>The launch of the global accounting&#13;<br \/>\nprofession commitment to net zero emissions is an initiative of The Prince of&#13;<br \/>\nWales&#8217; Accounting for Sustainability (A4S) Project Accounting Bodies Network&#13;<br \/>\n(ABN), of which CPA Australia is a member. The ABN represents over 2.5 million&#13;<br \/>\nprofessional accountants and students in 179 countries. <\/p>\n<p>As part of the commitment, CPA Australia&#13;<br \/>\nhas pledged to achieve net zero greenhouse gas emissions within our&#13;<br \/>\norganisation and to provide sound advice to the business community for a just&#13;<br \/>\ntransition to a net zero emissions economy. <\/p>\n<p>&#8220;The accounting profession occupies a&#13;<br \/>\nprivileged position in the global economy. As trusted advisers, we&#8217;re privy to&#13;<br \/>\ndeep business insights about sustainability risks and opportunities. This&#13;<br \/>\nknowledge creates an obligation to use our skills to protect our environmental&#13;<br \/>\nheritage. CPA Australia is a global organisation in a global profession and&#13;<br \/>\nwe&#8217;re proud to be part of the global response to climate change,&#8221; Leung said.<\/p>\n<p>According to the survey, there is a market&#13;<br \/>\nshortage of skills and understanding of ESG. Eighty-nine per cent of Mainland&#13;<br \/>\nChinese respondents stated that they were looking forward to participating in&#13;<br \/>\nESG-relevant training courses in the coming 12 months. <\/p>\n<p>CPA Australia will provide training and&#13;<br \/>\nguidance to our members to support them in reducing greenhouse gas emissions in&#13;<br \/>\ntheir own organisations and businesses, as part of its net zero commitment. <\/p>\n<p>&#8220;We suggest that accounting bodies,&#13;<br \/>\nresearch institutions, universities and businesses collaborate in nurturing ESG&#13;<br \/>\nexperts across the finance and accounting sectors in Mainland China. &#8220;With more&#13;<br \/>\nrequirements on ESG information disclosures being issued globally and more&#13;<br \/>\ninvestors considering ESG performance as an indicator to evaluate a company, and&#13;<br \/>\nas a key consideration in their investment strategy, we believe this is a huge&#13;<br \/>\nopportunity for accounting and financial professionals with solid ESG knowledge&#13;<br \/>\nand skillset in the future,&#8221; Leung said. <\/p>\n<p>\u00a0<\/p>\n<p>Read the Net Zero Commitment <a href=\"https:\/\/www.accountingforsustainability.org\/abn-net-zero-commitment.html\">here<\/a>.&#13;\n<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-10-11\/98490\/cpa-australia-demand-for-esg-talent-to-boom-in-mainland-china\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING,&#13; MAINLAND CHINA &#8211;\u00a0Media&#13; OutReach\u00a0&#8211; 11 October 2021 &#8211; Demand for environment, social and&#13; governance (ESG) talent in Mainland China will boom in the next five years,&#13; according to a survey by one of the world&#8217;s largest professional accounting&#13; bodies, CPA Australia. This finding comes as CPA Australia as joins 12 global&#13; accounting bodies in &hellip;<\/p>\n","protected":false},"author":1,"featured_media":18052,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18051"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18051"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18052"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}