CFDG launches major new guidance – Sustainability in Practice: monitoring and reporting

18th May 2009

The Charity Finance Directors' Group (“CFDG”) is launching major new guidance for charities, “Sustainability in Practice: monitoring and reporting”, at their annual conference on 19th May. For the first time charities will now have guidance on how and why they should act and report on their environmental and social sustainability, with best practice examples drawn from a wide range of organisations.

Keith Hickey, CDFG Chief Executive says, “Sustainability is one of the key issues of our time, and charities must recognise their responsibility to manage their impacts. We believe that sustainability should be a strategic concern of every charity, but we also believe that in addressing sustainability charities will support their missions by making themselves fitter and better able to serve beneficiaries.”

Kate Hand, policy office at CFDG and author of the guidance says, “Sustainability in Practice will provide charities with the vital confidence and support to start looking at sustainability, and dispels the myths that it is on the one hand expensive and on the other hand only for ‘green’ charities. We have shown that not only are all stakeholders becoming increasingly concerned with charities attitudes to sustainability, but that many charities have already found innovative ways of embedding sustainability in their operations, and reporting on that progress to achieve better accountability.”

Sustainability in Practice is aimed at charity finance professionals, who will have a key role to play in bringing sustainability into charities thanks to their senior position and their role in performance measurement, reporting and overall efficiency. It is the case, though, that embedding sustainability as a strategic concern in charities requires the active engagement of a charity’s whole senior management team, the trustee board and in time the whole organisation.

One copy of the guidance is free to each CFDG member, and copies can also be purchased from CFDG.

The guidance has kindly been sponsored by PricewaterhouseCoopers.

Alan McGill, partner, PricewaterhouseCoopers sustainability and climate change practice commented: “Investment in sustainability is a rational business and economic investment for any organisation, despite the downturn. The issues, opportunities and return on investment reach all areas of operations, reputation and risk management. That’s why this practical and pragmatic guide is a must read for the sector, which we whole heartedly support.”

- Ends -

Notes to Editor:

The Charity Finance Directors' Group (www.cfdg.org.uk) was set up in 1987 and is an umbrella group that specialises in helping charities to manage their finance-related functions. CFDG’s 1,600 plus members are responsible for the finances of charities with a wide variety of income levels. Between them our members manage some £14.7 billion in charity income per year.

PricewaterhouseCoopers provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 155,000 people in 153 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice.

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