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PrimeGlobal has released its Annual Impact Report, the first to be in the style of an Environmental Social Governance (ESG) report, whilst making it available to the public.
The association issues this annual report to its member firms to summarise its progress on achieving its strategy by 2025.
The report is said to highlight the impact PrimeGlobal and its members have had on wider society, and how they have contributed to achieving the UN Sustainable Development Goals (SDGs).
According to the association, the style of the report aims to “encourage PrimeGlobal members to issue their own ESG-style reports as the requirements for these types of reports have increased”.
In turn, by making it publicly available, PrimeGlobal said it is providing “full transparency around its ESG and how they and its member firms are progressing toward a net-zero economy”.
Key highlights from the report include:
- 95% of member firms in favour of new branding positioning – The Advisory and Accounting Association
- Record firm revenue of $3.9bn (£3.2bn) elevating PrimeGlobal to the third largest Accounting Association in the world
- Winning the 2022/23 Association of the year award (awarded by the International Accounting Bulletin)
- How member firms are increasing their activity around Environmental Social Responsibility
PrimeGlobal CEO Steve Heathcote said: “We are proud to be the first global association to issue our own ESG impact report. We hope it inspires our member firms to issue their own impact reports which highlight how they help their clients become more sustainable and are having a positive impact on their communities.
“We will continue to enhance the report each year to demonstrate progress in meeting our ESG commitments. Our member firms have a clear sense of purpose and are committed to helping small and medium-sized businesses respond to our climate emergency.’’
PrimeGlobal is an association of independent accounting and business advisory firms, featuring more than 300 member firms in over 100 countries. Its independent member firms house a total of over 3,000 partners, 28,000 employees and a combined revenue of over $3.9bn (£3.2bn).
