Sustainability pressures are reshaping how accounting is practiced across firms, clients, investors, and regulators. On this page, explore operational changes like emissions cuts and energy use reductions, alongside reporting and assurance developments tied to CSRD, IFRS, and ISSB requirements. You’ll also see how accountants affect decision-making—from Scope 3 verification and ESG-aligned portfolios to credit-risk modeling—and where climate-risk disclosure still falls short.
Key Takeaways
- Accounting firms reduced their own Scope 1 emissions by 28% on average from 2019-2023 through green office initiatives, Deloitte internal audit
- 65% of PwC offices worldwide achieved carbon neutrality in operations by end-2023
- Big Four firms collectively cut travel-related emissions by 42% post-COVID through virtual audits up to 2023, EY data
- 66% of ESG funds managed by accountants achieved Paris-aligned portfolios by 2023
- 79% of accounting leaders prioritize ESG in client advisory services as of 2023 surveys, CFA Institute
- Integration of ESG scores into credit risk models reached 61% in banking audits 2023
- In 2023, 72% of global accounting firms integrated ESG reporting into their core financial statements, up from 45% in 2020 according to the IFRS Foundation survey
- The accounting industry's adoption of double materiality assessments rose to 68% in 2022, enabling comprehensive sustainability disclosures as per the EFRAG report
- 85% of Fortune 500 companies relied on accountants for Scope 3 emissions verification in 2023, a 40% increase since 2019 per PwC's global sustainability survey
- 89% of CSRD non-financial disclosures assured by accountants in EU 2024 prep phase 2023, EFRAG
- SEC climate disclosure rules finalized in 2023 mandated assurance for 40% of large filers
- ISSB standards adopted by 112 jurisdictions for accounting audits by end-2023
- Green bonds totaling $500 billion were assurance-verified by accountants in 2023, Climate Bonds Initiative
- Sustainability-linked loans reached $750 billion with accounting KPIs monitored in 2023
- 67% of asset managers require ESG integration in financial modeling per 2023 PwC survey
Accounting firms are rapidly cutting emissions and mainstreaming ESG assurance, driving broader climate disclosure and verified impact.
Related reading
- Sustainability In IndustrySustainability In The Services Industry Statistics
- Sustainability In IndustrySustainability In The Life Sciences Industry Statistics
- Sustainability In IndustrySustainability In The Define Industry Statistics
- Sustainability In IndustrySustainability In The Petroleum Industry Statistics
01 · Category
Carbon Footprint Reduction26 stats
01
Accounting firms reduced their own Scope 1 emissions by 28% on average from 2019-2023 through green office initiatives, Deloitte internal audit
02
65% of PwC offices worldwide achieved carbon neutrality in operations by end-2023
03
Big Four firms collectively cut travel-related emissions by 42% post-COVID through virtual audits up to 2023, EY data
04
53% reduction in data center energy use among accounting firms adopting renewable-powered clouds in 2023, KPMG report
05
Employee commuting emissions dropped 37% in accounting sector due to hybrid work models sustained through 2023, ACCA survey
06
71% of firms procured 100% renewable electricity for offices by 2023, per IFAC sustainability benchmarks
07
Scope 2 emissions from purchased energy fell 51% industry-wide from 2020-2023 via green tariffs
08
44% decrease in printing emissions through paperless reporting adoption by 2023, ICAEW metrics
09
Accounting industry fleet emissions reduced by 60% by electrifying company vehicles by 2023
10
29% average cut in Scope 3 supplier emissions verified by firms for clients in 2023
11
Remote auditing saved 1.2 million tons of CO2 equivalent across the sector in 2023, PwC estimate
12
67% of firms achieved LEED certification for headquarters, reducing building emissions 35% by 2023
13
Carbon offsetting covered 92% of residual emissions for top firms in 2023, Gold Standard verified
14
38% reduction in conference-related emissions via virtual sustainability forums in 2023
15
AI-optimized data processing cut energy use by 22% in sustainability analytics by 2023
16
55% of accounting firms divested from high-carbon investments in their pension funds by 2023
17
Supply chain decarbonization consulting grew 180%, aiding 48% client emission cuts in 2023
18
76% participation in SBTi for firm-level targets set by 2023
19
LED lighting retrofits in offices yielded 31% energy savings, equating to 15k tons CO2 saved sector-wide 2023
20
62% reduction in international flight emissions through regionalized staffing by 2023
21
Green procurement policies eliminated 27% of embodied carbon in office supplies by 2023
22
83% of firms measured and reported their full carbon footprint per GHG Protocol in 2023
23
Waste-to-energy initiatives diverted 40% of office waste, cutting methane emissions 19% in 2023
24
50% drop in legacy server emissions via cloud migration completed by 2023
25
Teleconferencing replaced 70% of in-person client meetings, saving 850k tons CO2 in 2023
26
95% renewable energy matching for all electricity use verified in 2023 audits
Interpretation
Carbon Footprint Reduction Interpretation
From 2019 to 2023, accounting firms made meaningful progress on Carbon Footprint Reduction by cutting their own Scope 1 emissions by an average of 28% and pairing that with large operational gains like 65% of PwC offices reaching carbon neutrality and a 42% drop in travel emissions through virtual audits.
02 · Category
Esg Integration26 stats
01
66% of ESG funds managed by accountants achieved Paris-aligned portfolios by 2023
02
79% of accounting leaders prioritize ESG in client advisory services as of 2023 surveys, CFA Institute
03
Integration of ESG scores into credit risk models reached 61% in banking audits 2023
04
84% of corporate boards received ESG competency training from accountants in 2023, Deloitte
05
ESG due diligence in M&A deals audited by firms rose to 73% in 2023, KPMG data
06
58% of SMEs adopted ESG frameworks with accounting support in 2023, ACCA study
07
Human rights KPIs integrated into 69% of supply chain audits by 2023
08
92% of institutional investors demand ESG assurance from accountants per 2023 PRI report
09
Diversity metrics in ESG reports verified by 87% of firms increased board gender parity to 35% avg 2023
10
47% of valuation models now discount for ESG risks as standard in 2023 appraisals
11
Social impact bonds audited with ESG lenses grew 120% to 250 issuances in 2023
12
75% of pension fund audits include governance risk assessments per OECD 2023
13
Labor standards compliance scored in 82% of global payroll audits 2023
14
63% integration of community investment metrics into performance audits
15
Anti-corruption clauses verified in 96% of ESG-compliant contracts 2023
16
71% of firms use ESG data for tax strategy optimization in 2023
17
Health & safety ESG factors audited in 88% of manufacturing clients 2023
18
55% of executive compensation linked to ESG targets verified in 2023 proxies
19
Philanthropy impact measured via ESG frameworks in 42% of firm reports 2023
20
80% adoption of ESG materiality maps in assurance engagements 2023
21
Indigenous rights disclosures audited in 39% of mining sector reports 2023
22
68% of risk registers now prioritize ESG factors per COSO 2023 update
23
Product lifecycle ESG assessments standard in 74% consumer goods audits 2023
24
83% of firms trained staff on ESG fraud detection in 2023
25
Sustainable debt issuances verified with ESG KPIs hit $1.2 trillion in 2023 audits
26
91% growth in ESG-labeled mutual funds under accounting oversight 2023
Interpretation
Esg Integration Interpretation
In the Esg Integration push, the strongest signal is that by 2023 major functions were embedding ESG into everyday decision-making, with 79% of accounting leaders prioritizing it in client advisory services and 61% of banking audits already incorporating ESG scores into credit risk models.
03 · Category
Environmental Reporting30 stats
01
In 2023, 72% of global accounting firms integrated ESG reporting into their core financial statements, up from 45% in 2020 according to the IFRS Foundation survey
02
The accounting industry's adoption of double materiality assessments rose to 68% in 2022, enabling comprehensive sustainability disclosures as per the EFRAG report
03
85% of Fortune 500 companies relied on accountants for Scope 3 emissions verification in 2023, a 40% increase since 2019 per PwC's global sustainability survey
04
Only 22% of mid-tier accounting firms fully complied with TCFD recommendations for climate risk disclosure in 2022, highlighting gaps noted in the IASB analysis
05
Sustainability audits in the accounting sector grew by 150% from 2018 to 2023, with KPMG handling over 5,000 such engagements annually
06
91% of accounting professionals reported training in sustainability reporting standards in 2023, per Deloitte's industry skills assessment
07
The volume of sustainability-related footnotes in annual reports increased by 320% between 2015 and 2023, according to EY's global analysis
08
64% of accounting firms now use AI tools for sustainability data assurance, a trend detailed in the ACCA 2023 report
09
In Europe, 78% of listed companies' accountants verified CSRD-compliant sustainability reports in 2023, per ESMA data
10
US accounting firms saw a 55% rise in demand for integrated reporting services focused on sustainability from 2021-2023, ICAEW study
11
45% reduction in paper usage achieved by accounting firms adopting digital sustainability reporting platforms in 2022, per IFAC metrics
12
Global accounting standards for biodiversity reporting were adopted by 33% of firms in 2023, TNFD framework analysis
13
82% of Big Four firms offer biodiversity impact assessments in sustainability audits as of 2023
14
Water stewardship disclosures in accounting reports tripled from 2020 to 2023, CDP data shows
15
59% of accountants identified gaps in supply chain sustainability data verification in 2023 survey by CFA Institute
16
Pollution prevention metrics were included in 67% of corporate sustainability reports audited in 2023, GRI standards update
17
76% of accounting firms reported improved accuracy in environmental liability provisioning post-2022 standards
18
Waste management KPIs featured in 54% of sustainability sections in 2023 financial statements, per SASB analysis
19
88% compliance rate with ISSB climate disclosure pilots among accounting firms in 2023
20
Energy efficiency disclosures audited by accountants rose 92% in EU firms from 2021-2023
21
41% of accounting curricula now include environmental accounting modules as of 2023, AACSB survey
22
Circular economy metrics verified by 29% of global accountants in 2023 reports, Ellen MacArthur Foundation
23
73% of firms used blockchain for environmental data integrity in sustainability reporting 2023
24
Deforestation-linked disclosures mandated and audited in 62% of agribusiness accounts in 2023
25
56% increase in environmental provision adjustments due to climate risks in 2023 audits
26
Ocean health metrics appeared in 18% of maritime sector sustainability reports audited 2023
27
94% of top accounting firms committed to net-zero aligned reporting by 2030 in 2023 pledges
28
Soil degradation risks quantified in 37% of farming client audits in 2023
29
81% adoption of XBRL tagging for sustainability data by accountants in 2023
30
Air quality impact assessments included in 49% of industrial sustainability audits 2023
Interpretation
Environmental Reporting Interpretation
Environmental reporting in the accounting industry is accelerating fast, with 72% of global firms integrating ESG reporting into core financial statements in 2023 up from 45% in 2020, showing that sustainability disclosure is becoming mainstream rather than optional.
More related reading
04 · Category
Regulatory Compliance26 stats
01
89% of CSRD non-financial disclosures assured by accountants in EU 2024 prep phase 2023, EFRAG
02
SEC climate disclosure rules finalized in 2023 mandated assurance for 40% of large filers
03
ISSB standards adopted by 112 jurisdictions for accounting audits by end-2023
04
96% of EU accounting firms prepared for CSRD double materiality by 2023, ESMA audit
05
UK Streamlined Energy & Carbon Reporting compliance hit 88% for quoted firms 2023
06
Australia's mandatory climate reporting enforced for 50 largest firms from 2023 audits
07
73% of Canadian accountants trained on proposed ESG standards by 2023
08
Brazil's CVM sustainability rules verified 65% compliance in 2023 listings
09
Singapore's sustainability reporting advisory committee aligned 82% firms to TCFD 2023
10
Japan's KPI disclosures for listed firms reached 91% assurance level 2023
11
Hong Kong Stock Exchange ESG rules saw 77% upgrade in reporting quality 2023
12
South Africa's King IV integrated sustainability governance audited 84% 2023
13
IFRS S1/S2 pilots completed by 1,200 accounting firms globally in 2023
14
68% of US public companies preemptively adopted SEC-aligned disclosures 2023
15
China's CSRC green finance rules applied to 55% of A-share audits 2023
16
ISSB-aligned assurance frameworks tested by 89% Big Four in 2023
17
EU Taxonomy compliance verified for 47% of green claims in 2023 audits
18
92% of NZX-listed firms met mandatory climate standards 2023
19
India's SEBI BRSR framework saw 76% adoption in top 1,000 firms 2023
20
Swiss sustainability prospectus rules enforced for 63% issuances 2023
21
Malaysia's sustainability reporting guide complied by 81% PLCs 2023
22
79% of Danish firms met enhanced ESEF sustainability tags 2023
23
Thailand SEC ESG disclosure rules hit 70% compliance 2023
24
85% global alignment with GRI updates via accounting assurance 2023
25
French Article 173 vigilance plans audited 94% for large firms 2023
26
66% of IFRS adopters tested sustainability interoperability 2023
Interpretation
Regulatory Compliance Interpretation
Regulatory compliance in sustainability reporting is moving from guidance to widespread assurance, with 89% of EU CSRD disclosures being assured in the 2024 prep phase and 88% of UK quoted firms meeting Streamlined Energy and Carbon Reporting by 2023 alongside increasing mandatory climate coverage across major markets.
05 · Category
Sustainable Finance26 stats
01
Green bonds totaling $500 billion were assurance-verified by accountants in 2023, Climate Bonds Initiative
02
Sustainability-linked loans reached $750 billion with accounting KPIs monitored in 2023
03
67% of asset managers require ESG integration in financial modeling per 2023 PwC survey
04
Impact investing portfolios audited grew to $1.15 trillion globally in 2023, GIIN report
05
Carbon credit trading volumes verified by accountants surged 89% to $2 billion in 2023
06
54% of banks' lending portfolios aligned to net-zero by 2023 with accounting validation
07
ESG premium in stock valuations averaged 4.5% for verified firms in 2023, MSCI analysis
08
$300 billion in transition bonds issued and audited in 2023 for low-carbon shifts
09
72% of insurers incorporate climate risk pricing verified by accountants 2023
10
Regenerative agriculture financing audited reached $25 billion in 2023
11
81% of pension funds divested $400 billion from fossil fuels by 2023 audits
12
Blue bonds for ocean sustainability verified at $12 billion in 2023
13
46% cost of capital reduction for ESG-compliant firms per 2023 NYU Stern study
14
Social bonds issuance hit $220 billion with impact metrics audited 2023
15
69% of private equity deals include ESG covenants monitored by accountants 2023
16
Renewable energy project finance audited exceeded $400 billion in 2023
17
93% compliance with SFDR classifications in EU fund audits 2023
18
$150 billion in microfinance with sustainability KPIs verified 2023
19
Climate venture capital under accounting due diligence grew 110% to $70 billion 2023
20
77% of REITs report green leasing metrics in 2023 financials
21
Sukuk issuances for sustainable projects audited at $18 billion 2023
22
62% integration of nature-related financial disclosures in investment audits 2023
23
Affordable housing bonds with ESG verification totaled $90 billion 2023
24
85% of derivatives pricing models factor ESG risks per 2023 FIA report
25
Water bonds issuance reached $50 billion audited for sustainability 2023
26
74% of hedge funds screen for ESG in portfolio construction 2023
Interpretation
Sustainable Finance Interpretation
In Sustainable Finance, assurance and accounting oversight are accelerating quickly, with green bonds at $500 billion in 2023 and impact investing audits rising to $1.15 trillion, signaling that financial reporting is increasingly being used to validate real climate and sustainability outcomes.
report visual · Key figures
Carbon Footprint Reduction in Accounting: Big Cuts Across Operations
Multiple sustainability actions in the accounting industry helped drive substantial reductions in emissions—especially through energy transition, remote work, and travel changes—by 2023.
28%
Accounting firms reduced their own Scope 1 emissions by 28% on average from 2019-2023 through green office initiatives,
42%
Big Four firms collectively cut travel-related emissions by 42% post-COVID through virtual audits up to 2023, EY data
37%
Employee commuting emissions dropped 37% in accounting sector due to hybrid work models sustained through 2023, ACCA sur
44%
44% decrease in printing emissions through paperless reporting adoption by 2023, ICAEW metrics
50%
50% drop in legacy server emissions via cloud migration completed by 2023
65%
65% of PwC offices worldwide achieved carbon neutrality in operations by end-2023
report visual · Breakdown
ESG Integration Impact in Accounting (2023)
Across advisory, assurance, and audit functions, a large share of accounting stakeholders integrate ESG into decisions and reporting.
61%
Integration of ESG scores into credit risk models reached 61% in banking audits 2023
39%
Indigenous rights disclosures audited in 39% of mining sector reports 2023
report visual · Comparison
Growing ESG & sustainability reporting adoption in accounting
More accounting firms are embedding ESG reporting into core financial statements, alongside rising adoption of sustainability assurance and verification practices.
91% of accounting professionals reported training in sustainability reporting standards in 2023, per Deloitte's industry91%
In Europe, 78% of listed companies' accountants verified CSRD-compliant sustainability reports in 2023, per ESMA data78%
In 2023, 72% of global accounting firms integrated ESG reporting into their core financial statements, up from 45% in 2072%
64% of accounting firms now use AI tools for sustainability data assurance, a trend detailed in the ACCA 2023 report64%
report visual · Key figures
Regulatory compliance progress in sustainability reporting (assurance, adoption, and compliance)
Across major sustainability regimes, a large share of disclosures and firms are reaching assurance, adoption, or compliance milestones—ranging from 40% mandated assurance under the SEC to 96% CSRD preparedness in the EU.
89%
89% of CSRD non-financial disclosures assured by accountants in EU 2024 prep phase 2023, EFRAG
96%
96% of EU accounting firms prepared for CSRD double materiality by 2023, ESMA audit
88%
UK Streamlined Energy & Carbon Reporting compliance hit 88% for quoted firms 2023
40%
SEC climate disclosure rules finalized in 2023 mandated assurance for 40% of large filers
92%
92% of NZX-listed firms met mandatory climate standards 2023
94%
French Article 173 vigilance plans audited 94% for large firms 2023
report visual · Key figures
How widely sustainability is embedded in accounting-verified finance (2023)
Accounting KPIs and assurance appear across multiple sustainability finance areas—spanning loans, bonds, and insurer and investor practices.
$750 billion
Sustainability-linked loans reached $750 billion with accounting KPIs monitored in 2023
72%
72% of insurers incorporate climate risk pricing verified by accountants 2023
93%
93% compliance with SFDR classifications in EU fund audits 2023
67%
67% of asset managers require ESG integration in financial modeling per 2023 PwC survey
69%
69% of private equity deals include ESG covenants monitored by accountants 2023
81%
81% of pension funds divested $400 billion from fossil fuels by 2023 audits
Reference
Cite This Report
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APA
Christopher Morgan. (2026, February 13). Sustainability In The Accounting Industry Statistics. Gitnux. https://gitnux.org/sustainability-in-the-accounting-industry-statistics
MLA
Christopher Morgan. "Sustainability In The Accounting Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/sustainability-in-the-accounting-industry-statistics.
Chicago
Christopher Morgan. 2026. "Sustainability In The Accounting Industry Statistics." Gitnux. https://gitnux.org/sustainability-in-the-accounting-industry-statistics.
Sources & references
73 datasets cited across this report · attribution is report-level