The Treasury Committee recently launched an inquiry into the decarbonisation of the UK Economy and Green Finance.
The Committee asks some pertinent questions about the role of HM Treasury, regulators and financial service firms in supporting the Government’s climate change commitments.
Climate change is one of the most important aspects of today’s lifestyle – our future and that of future generations is dependent on how we handle these huge issues. Climate change is on the agenda of most progressive governments, yet do government officials know;
Join us on 3 September 2019 and listen to Richard Spencer, ICAEW’s Head of Sustainability discuss the role of the profession in decarbonising the Public Sector.
Richard states: ‘if you are serious about doing this, you need to be consistent across the economy and join up with the UN’s global goals’.
Richard will explore:
Climate change is not just about measuring carbon emissions. You need to go beyond. As public finance professionals how do you start to think about this and what do you need to do now to make changes for our future?
The discussion will enable you to:
Sumita Shah, Regulatory Policy Manager, Public Sector at ICAEW (Chair)
Sumita specialises in policy and technical communications, on a wide range of public sector, regulatory, audit and assurance related matters, both in the private and public sectors, within the UK and internationally. She has authored a number of key publications, notably, A CFO at the Cabinet Table, Building Blocks for Better PFM – a cash to accruals accounting tool-kit, The role of financial leadership in sustainable public finances. Sumita is a regular ICAEW contributor to consultations and discussions on international and European public sector financial management issues.
Sumita led the co-ordination and delivery of ICAEW’s new public sector regulatory supervisory body role, which licenses, registers and monitors the work of accountancy firms in public sector audit. She has presented at numerous international conferences and panels and participated in high profile round table events discussing a number of public sector related topics. She has also delivered training on a number of international assignments including to the Croatian Chamber of Auditors and facilitated workshops with the Cypriot Finance Ministry to help it develop its PPP framework to meet one of the TROIKA bailout agreements.
Her 30 year career includes being a practicing auditor before joining ICAEW in 2001. She is a qualified ACA and CIPFA member as well as a member of AAT. She is a member of the Confederation of Asian Pacific Accountants Public Sector Financial Management Committee and the UK’s Ministry of Health, Communities and Local Government’s Local Audit Delivery Board. She previously held Board level positions with two small charities. She has also volunteered for a large homeless charity before moving on to direct logistics and co-ordinate volunteer efforts in a humanitarian role in Greece.
Richard Spencer, Head of Sustainability, ICAEW
Richard Spencer is Head of Sustainability at ICAEW. He joined ICAEW in 2005 in order to set up the sustainability practice within the Technical Strategy department, ICAEW’s “think tank”. During this time Richard has led on the ICAEW’s thought leadership and engagement programme in sustainability. He was a co-convenor of the Finance Innovation Lab, which was named by the Observer and NESTA as one of the Top 50 of Britain’s New Radicals in 2012 and was shortlisted for the Buckminster Fuller Awards for ‘socially responsible designs. He was a co-founder of AuditFutures and also led on establishing the Natural Capital Coalition, which is a major voice in natural capital debates.
Before joining ICAEW Richard worked as a strategy consultant in the Natural Resources division of Accenture. Prior to that he held a number of roles at N M Rothschild & Sons Ltd in the bank’s treasury and natural resources project finance teams. Richard began his career at the Bank of England.
Richard holds degrees from the universities of Leeds and London. He is a Visiting Fellow of the Cass Business School and is a Fellow of the Royal Society of Arts. He was a member of the FTSE4Good Policy Committee, and sits on the Climate Disclosure Standards Board Technical Working Group and Board member of the Social Value UK. Richard recently joined the Cass Business School Research Ethics Committee.
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