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The Accounting and Financial Reporting Council (AFRC), headquartered in Hong Kong, plays a pivotal role in the realm of Other Accounting Services. Established to enhance the quality of financial reporting and auditing, the AFRC oversees the regulation of accountants and auditors, ensuring compliance with international standards. Since its inception, the council has achieved significant milestones, including the implementation of robust regulatory frameworks that promote transparency and accountability in financial practices.
The AFRC's core services encompass the development of accounting standards, oversight of financial reporting, and the regulation of audit practices. Its unique position as a regulatory body allows it to influence the accounting landscape in Hong Kong and beyond. With a commitment to excellence, the AFRC has established itself as a leader in fostering trust and integrity within the financial reporting community.
-30 vs industry average
Accounting and Financial Reporting Council’s score of 20 is lower than 10% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Other Accounting Services is among the least carbon-intensive industries
The Other Accounting Services industry has reduced its overall emissions by 27% since 2018
Scope 3 accounts for ••• of total emissions.
The Accounting and Financial Reporting Council, headquartered in HK and operating in the Other Accounting Services industry, reported total emissions of approximately 59.9 million metric tonnes CO2e in 2019. This figure represents the sum of Scope 1, Scope 2, and Scope 3 emissions. Specific breakdowns for Scope 1, Scope 2, and Scope 3 were not provided in the disclosure, nor were detailed disclosures for Scope 3 categories such as purchased goods and services, business travel, or employee commute. The organisation has not publicly announced any specific emissions reduction targets, SBTi targets, or climate pledges.
Access structured emission data, company specific factors and auditable source documents
No climate goals have been disclosed for Accounting and Financial Reporting Council yet.
No scope 3 category breakdown has been disclosed yet.
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