2021 CARE Conference

32 videos • 14 views • by notredamebusiness There is no denying the global climate is changing. 2019 was the second warmest year on record and ended the warmest decade on record. Climate change is affecting every continent on earth, disrupting the economy and affecting lives. The Paris Agreement, adopted in 2015, aims to strengthen the ability of countries to deal with the impacts of climate change through appropriate financial flows and new technology frameworks; additionally, the UN Secretary-General has proposed six climate-positive actions for governments to take as they begin to individually and collectively begin to build back the economy post-pandemic. Companies will need to adopt long-term systemic shifts to address the changes necessary to comply with the Paris Agreement. This conference discussed some of the changes that are necessary to create the accounting framework for sustainability and responsible investing. The CARE Conference pivoted to a virtual format in 2021 to make our content more widely available for those unable to travel globally. The conference coincides with the Sustainable Investment Forum North America (SINVNA) in conjunction with the United Nations Environmental Program Finance Initiative (UNEP-FI) during Climate Week NYC, the largest annual climate event of its kind, bringing together over 900 events and activities across the City of New York – in person, hybrid, and online. With over 70 industry and academic speakers, the 2021 conference is the first in the Accountability in a Sustainable World conference series on the topic of accounting for sustainability and, more broadly, responsible investing. Future conferences will highlight select academic research papers that are based on discussions held at the 2021 conference. The annual conference brings together accountants, finance professionals, law professionals, lawmakers, standard-setters, economists, investors, and scientists, as well as academics from the sciences, accounting, finance, law, and economics as a vehicle for change. The main goal of this conference series is to set a research agenda for many emerging scholars that addresses key issues related to accounting for sustainability and responsible investing. The conference must have a large global reach, and virtual is the best way to share these insights. For further details, please refer to the Center for Accounting Research and Education website at https://care-mendoza.nd.edu/.