Union finance minister Nirmala Sitharaman urged the chartered accountants in the country to learn about carbon, CSR, and ESG practices; and implement the same in their business practice.

She stressed the need for the CAs to familiarize themselves with national and international accounting standards, regulatory frameworks, and compliance mandates for carbon accounting, CSR and ESG.

“In each of these areas, you will have to set up best practices. Put your best efforts,” Ms. Sitharaman said addressing Cas at an event organized by the Institute of Chartered Accountants of India (ICAI) in Bhubaneswar.