Sustainability Accounting Compliance Center (SACC)

“sustainability accounting reflects the management of a corporation’s environmental and social impacts arising from production of goods and services, as well as the management of the environmental and social capitals necessary to create long-term value.”

Founded in 2019 by UNESCO Chair Program for Global Understanding (IRAN Regional Action   Center) and Sokhan-e Hagh Audit Firm. For More News on this click here

What is Sustainability accounting?

Sustainability accounting (also known as social accounting, social and environmental accounting, corporate social reporting, corporate social responsibility reporting, or non-financial reporting) was originated about 20 years ago and is considered a subcategory of financial accounting that focuses on the disclosure of non-financial information about a firm's performance to external stakeholders, such as capital holders, creditors, and other authorities.

 Sustainability accounting as subcategory of financial accounting represents the activities that have a direct impact on society, environment, and economic performance of an organization.

Sustainability accounting as managerial accounting or management accounting

"Management accounting is a profession that involves partnering in management decision making, devising planning and performance management systems, and providing expertise in financial reporting and control to assist management in the formulation and implementation of an organization's strategy".Sustainability accounting in managerial accounting contrasts with financial accounting.

 in that managerial accounting is used for internal decision making and the creation of new policies that will have an effect on the organization's performance at economic, ecological, and social (known as the triple bottom line or Triple-P's; People, Planet, Profit) level.


the tools and frameworks which are used by organizations to become more sustainable in accounting :

  1. Corporate Sustainability Reporting (CSR) 
  2. triple bottom line accounting 
  3. GRI (Global Reporting Initiative) on Sustainability Reporting Guidelines."
  4. The Prince's Accounting for Sustainability Project (A4S)
  5. Sustainability Accounting Standards Board (SASB)
  6. Sustainability Accounting Guidelines at the World Summit on Sustainable Development
  7. UNCSD (United Nations Commission on Sustainable Development) policy framework on on the environmental dimension of the sustainability accounting.
  8. OECD (Organization for Economic Co-operation and Development) frameworks Measuring environmental-economic-social interrelationships and Wealth-based approaches
  9. Goeff Lambertons comprehensive sustainability accounting framework.
  10. Context-Based Sustainability (CBS) framework


Sustainability accounting Methodology

Sustainability accounting connects the companies' strategies from a sustainable framework by disclosing information on the three dimensional levels (environment, economic and social).



Sustainability accounting Motivations

here are six main motivations for practicing sustainability accounting:

  1. Greenwashing
  2. industry pressure
  3. Legislative pressure
  4. Stakeholder pressure and ensuring the "license to operate"
  5. Self-regulation, corporate responsibility and ethical reasons
  6. Managing the business case for sustainability

Sustainability accounting benefits

here are six main benefits for practicing sustainability accounting:

  1. customer satisfaction
  2. organizational learning and product quality
  3. Increasing corporate financial performance
  4. Strategic planning for long-term visions
  5.  increasing responsibilities toward its stakeholders. 
  6. Increasing financial performance, as measured by profit before taxation, return on assets, and cash flow from operations




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