Accountancy firms must integrate climate change assessments into audits | Letters

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Letters: Failure to do so increases the risks of the economic impacts of climate change for investors and the wider economy, says Charlie Kronick

Failure to do so increases the risks of the economic impacts of climate change for investors and the wider economy, saysPhotograph: HandoutMon 8 Nov 2021 17.56 GMTAuditors like PwC, KPMG, Deloitte and EY are paid to check that company accounts are accurate. If most energy intensive businesses and fossil fuel producers consistently overvalue fossil fuel assets on their balance sheets and in their business plans , those auditors clearly are not doing their jobs.

 

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a cynic may point to the audit history of the city & say adding Climate Change goals will only result in charging more for adding made up CO2 audit details to the made-up to order financial ones

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