CCE is partnering with Social Value International on the True & Fair Project, which highlights the economic reality that businesses rely on resources such as carbon, water, and labour – many of which impose hidden costs on society. This collaboration brings academic insights to help directors and investors integrate sustainability into financial reporting.
In 2024, SVI commissioned a groundbreaking legal opinion on the obligation of company directors to ensure that financial statements present a true and fair view of a company’s financial position. The opinion examines how sustainability considerations, such as environmental impacts and social costs, fit within existing legal and accounting frameworks.
Since then, the Project has published a guide to support UK company directors who have decided that information relating to sustainability issues is necessary for their accounts to give a true and fair view.
Now SVI and CCE are working together to examine how these issues intersect with the legal duties of other key stakeholders including investment managers and accounting bodies, and to deliver practical guidance to support businesses and investors in accounting for their impact on people and the planet.
