New research underlines urgent need for strategies and transition plans to combat climate change, remain successful and meet stakeholder expectations. As world leaders gather for COP 28, ACCA (the Association of Chartered Accountants), IFAC (the International Federation of Accountants) and professional services firm PwC released a new report : "The role of the CFO and finance function in the climate transition: driving value and sustainability", based on a survey of 1,000 senior finance professionals around the world. The research reveals that 20% of organisations in India don’t have an emissions plan in place and 25% of those don’t intend to develop one. The research found that, globally almost half of respondents (46%) have yet to produce a plan for reducing their carbon emissions. Alarmingly, 70% of those respondents without an emissions plan say they currently have no intention of developing one. This is a significant problem given that successful transition planning to ...