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Transforming sustainability accounting for a fossil free economy

Join Misum Platform Director for Accounting Frameworks, Torkel Strömsten, and Johanna Fager Wettergren, Deputy Executive Director Markets at Finansinspektionen, for a conversation on developing frameworks for future sustainability reporting.

Image by Lukas on Pexels. 

The transition to a fossil-free economy will require large investments in both infrastructure and technology. The financial market has an important role to play in facilitating sustainable economies by allocating capital, managing risks and stimulating innovation for new creative solutions. For this to be possible, companies must provide greater and higher quality information to investors about their climate risks and their climate work.

As part of developing a thinking framework around sustainability accounting and how it relates to financial reporting, Finansinspektionen (the Swedish Financial Supervisory Authority) commissioned Torkel Strömsten, Platform Director at Misum to investigate the status and future potential of sustainability reporting in a global context. Finansinspektionen collaborates internationally on these issues via the International Organization of Securities Commission (IOSCO). IOSCO’s role is to ensure that a global sustainability reporting standard developed is of sufficiently high quality, that it meets the needs of global capital markets and that it can be evaluated. 

This lunchtime session will explore the findings of the report ‘Hållbarhetsrapportering och behoven av okad transparans’ commissioned by Finansinspektionen. Speakers will discuss potential frameworks, how traditional accounting can work with developing frameworks for future sustainability reporting and what that could mean for investments in infrastructure and technology and the transition to a fossil free economy.

Speakers:

  • Torkel Strömsten, Associate Professor, SSE Department of Accounting and Accounting Frameworks Platform Director, Misum
  • Johanna Fager Wettergren, Deputy Executive Director Markets, Finansinspektionen

This session will be in English. Register here

Misum

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