The Zambia Institute of Chartered Accountants (ZICA) has called on accounting professionals to embrace sustainability and risk management practices as part of their evolving roles in today’s business environment.
ZICA Chief Executive Officer, Anthony Bwembya, noted that the roles and responsibilities of accountants are rapidly changing in response to the global challenges brought about by climate change.
Mr Bwembya said the professional landscape has shifted, making it imperative for accountants to become key players in driving sustainable business practices and ensuring that organisations operate responsibly.
He was speaking during the Sustainability and Risk Management Reporting Workshop in Livingstone.
Mr Bwembya further observed that the duties of financial professionals have expanded beyond traditional financial reporting, encompassing the integration of environmental, social, and governance factors into business decisions.
He emphasised that sustainability issues must be embraced within the accounting profession, as accountants play a vital role in influencing how businesses adopt and report on sustainable initiatives.
Mr Bwembya has since reaffirmed ZICA’s commitment to promoting sustainability within the profession, urging accountants to lead the way in shaping a resilient and environmentally responsible corporate culture.
“Accountants are now at the heart of how organisations respond to sustainability challenges,” he said.
He added that accountants’ influence is crucial in guiding businesses toward long-term, ethical, and sustainable growth.
