{"id":29613,"date":"2021-11-08T09:41:54","date_gmt":"2021-11-08T06:41:54","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=29613"},"modified":"2026-03-27T23:41:38","modified_gmt":"2026-03-27T20:41:38","slug":"ima-establishes-sustainable-business-management-global-task-force","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/ima-establishes-sustainable-business-management-global-task-force\/","title":{"rendered":"IMA Establishes Sustainable Business Management Global Task Force"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\"><em>The task force will speak about sustainability for the global management accounting profession<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em>This multi-stakeholder engagement initiative will work towards strengthening ESG frameworks and policies in the Middle East region<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Middle East, November 8, 2021 \u2013\u00a0<\/strong><a href=\"https:\/\/www.imanet.org\/?ssopc=1\">IMA<\/a><sup>\u00ae<\/sup>\u00a0(Institute of Management Accountants) announced today the establishment of a Sustainable Business Management Global Task Force (IMA.SBM.GTF) to speak on behalf of the management accounting profession, accountants, and finance professionals in the business. This comes as governments, regulators, and standard setters debate the future of accounting and a range of new corporate reporting requirements.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cJust about all of the emphasis today with respect to sustainable business is on external ESG reporting,\u201d said Brigitte de Graaff, CMA, CSCA, Chair of the IMA.SBM.GTF. \u201cWhile this is important, it is not the whole story. We want to lead by emphasizing the role of management accounting and finance in facilitating the building of resilient, sustainable businesses. We aim to be the voice of the profession to make sure management\u2019s perspective\u00a0in these significant changes to accounting is not overlooked but prominent.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Hanadi-Khalife-Senior-Director-Middle-East-and-India-operations-at-IMA.png\"><img loading=\"lazy\" decoding=\"async\" width=\"683\" height=\"1024\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Hanadi-Khalife-Senior-Director-Middle-East-and-India-operations-at-IMA-683x1024.png\" alt=\"Hanadi Khalife, Senior Director Middle East and India operations at IMA\" class=\"wp-image-21058\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Hanadi-Khalife-Senior-Director-Middle-East-and-India-operations-at-IMA-683x1024.png 683w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Hanadi-Khalife-Senior-Director-Middle-East-and-India-operations-at-IMA-200x300.png 200w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Hanadi-Khalife-Senior-Director-Middle-East-and-India-operations-at-IMA-768x1151.png 768w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Hanadi-Khalife-Senior-Director-Middle-East-and-India-operations-at-IMA-1025x1536.png 1025w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Hanadi-Khalife-Senior-Director-Middle-East-and-India-operations-at-IMA-1080x1619.png 1080w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Hanadi-Khalife-Senior-Director-Middle-East-and-India-operations-at-IMA.png 1200w\" sizes=\"(max-width: 683px) 100vw, 683px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Highlighting the role of the task force in the Middle East region, Hanadi Khalife, Senior Director, MEA &amp; India Operations at IMA said, \u201cCompanies in the UAE are stepping up their efforts to put ESG frameworks and policies in place to establish the country as a global sustainability leader. The task force will be involved in multi-level engagement with the government, regulatory bodies, and relevant organizations to provide a purview of the global management accounting community. This initiative will definitely set a benchmark in populating the best and most sustainable practices across the business communities and is fully aligned with UN Sustainable Development Goals (SDGs).\u201d \u201cIMA is uniquely positioned to address the critical role of the profession in building sustainable businesses. We continue to aim at supporting this in a way that would build value for all stakeholders, promotes trust and facilitate meaningful action,\u201d said Shari Littan, IMA Director of Corporate Reporting Research and Policy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As one of its primary objectives, the Task Force is defining a set of fundamental principles for building a successful and sustainable accounting ecosystem.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In fully supporting the formation of the task force, Jeff Thomson, IMA President and CEO, said, \u201cAs the world\u00a0continues to change, so too must business change to focus more holistically on\u00a0sustainable business management for long-term value creation.\u00a0IMA is making the case that sustainable business is good business in a complex, uncertain, and multi-stakeholder environment.\u00a0We\u2019ve shown the world accountancy for the 21st\u00a0century &#8212;\u00a0how the CMA certification is different because the body of knowledge emphasizes strategic thinking,\u00a0analytics,\u00a0decision making, and business leadership across an organization\u00a0for both tangible and intangible value creation.\u201d\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Task Force will look to:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Advocate on behalf of the profession before governments, regulatory authorities, and other organizations on sustainable business management and the perspectives of accountants and financial professionals in business.<\/li><li>Educate IMA members and the global business community on the role of accounting and finance professionals with respect to sustainable business information and management.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The task force will speak about sustainability for the global management accounting profession This multi-stakeholder engagement initiative will work towards strengthening ESG frameworks and policies in the Middle East region Middle East, November 8, 2021 \u2013\u00a0IMA\u00ae\u00a0(Institute of Management Accountants) announced today the establishment of a Sustainable Business Management Global Task Force (IMA.SBM.GTF) to speak on [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":29614,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-29613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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