Sustainability reporting as a key tool for a better world

What do an accountant and protecting our planet have in common? This question might come as a surprise to many but the intimacy of the two matters might be closer than one would immediately think. Sustainability as a buzzword has been around for at least three decades now but it seems that the world has only suddenly woken up to the need to take it seriously, as we witness the negative side effects on our planet that improving economic wealth has brought with it.  Increasing social difficulties, people at risk of poverty, rising inequalities and discrimination have highlighted the social failures of globalisation, with an increasing cohort of the population failing to reap the benefits of economic growth. At the same time, extreme temperatures, flooding, wildfires, biodiversity loss have pushed climate change as a matter of major concern in a short space of time. While the Maltese population has been generally concerned about social issues, climate change barely featured among Maltese citizens’ concerns in regular opinion surveys up to just few years ago. Yet, this issue has catapulted itself to the top priority as our green fundamentals have been badly shaken up.  Suddenly,...