CPA Australia has adopted TBL reporting as a strategy and practice.
The project objectives are:
position CPA Australia as a leader and recognised advocate in sustainable development and triple bottom line reporting with key stakeholders, including:
national and international accounting arena
members
governance and staff
government
media
professional bodies
public and private sectors
academia
make a valuable contribution to the environment, the community and socially, and to encourage our stakeholders to do the same in the public interest
provide overarching TBL reporting leadership within CPA Australia and to members
provide support and resources for TBL reporting strategies and projects within CPA Australia and to members
identify TBL synergies, ensure a consistent approach and avoid duplication of knowledge and services of CPA Australia
Research into TBL reporting
CPA Australia's first initiative was to investigate TBL assurance practices in organisations worldwide.
The project 'Triple bottom line - a study of assurance statements worldwide' has resulted in a database of over 160 companies that release TBL reports accompanied with assurance statements. The database is a resource to assist in the application of TBL reporting and assurance practices. The research was conducted in conjunction with RMIT University and is accompanied by a report.
This research aims to provide a better understanding of the differences in assurance statements as well as the value placed on TBL principles by both stakeholders and users.
Sustainability and TBL strategy
CPA Australia is embarking on a strategic project that includes:
research, analysis and development of standards and guidelines for TBL reporting
implementation of TBL reporting within CPA Australia
research project on the market impact of the adoption of TBL reporting
Sponsorship of TBL Award
For this year's World Environment Day Awards, CPA Australia is sponsoring the Triple Bottom Line Award for environmental, social and commercial best practice program for business.
This page is available online at:
http://www.cpaaustralia.com.au/cps/rde/xchg/cpa/hs.xsl/14131_8139_ENA_HTML.htm
