The report discusses the stranded asset risk faced by fossil fuel companies due to the need to limit carbon emissions and climate change. Investors and society are increasingly interested in this risk, and the report examines how fossil fuel companies are reporting on it. Integrated Reporting (IR), a relatively new framework, is being used by some companies to report on longer-term value creation and natural capital. Companies using the IR framework may report more deeply on stranded asset risk. The Association of Chartered Certified Accountants (ACCA) is a global body for professional accountants that offers business-relevant qualifications and supports its members and students in developing successful careers in accounting and business.
