Mandatory sustainability rules begin shaping global reporting, study by IFAC, AICPA and CIMA finds

From geopolitical instability and rapid advances in artificial intelligence to climate change, biodiversity loss, and demographic shifts, businesses are operating in an era of overlapping and interconnected crises – often described as a “polycrisis”. The report argues that traditional, linear business models constructed through an inside‑out, micro‑stewardship approach are no longer sufficient to navigate this environment.

Instead, the white paper makes the case that sustainability – as integral to responding to polycrisis – is no longer a side activity or compliance exercise, but a core business model issue. Organisations that fail to connect financial performance with their impact on society and the environment risk undermining their own long‑term viability.

To support organisations through this shift, Reframing Business Models for a Sustainable World brings together concepts, perspectives, practical frameworks and actionable recommendations to help organisations create long‑term value in a more uncertain and interconnected world.

The white paper helps organisations to:

• Build literacy in polycrisis concepts and stay attuned to emerging research and thinking
  
• Understand how systemic risks such as climate change, nature loss, social inequality and geopolitical instability are interconnected
  
• Identify emerging patterns and feedback loops, and assess how they affect businesses, society and the biosphere
  
• Apply a macro‑stewardship lens and adopt a systemic risk management approach to inform future‑focused scenarios, transition plans and business model adaptation
  
• Design solutions that address polycrisis factors while strengthening long-term resilience and enabling antifragile business models
  
• Guides finance teams on how to drive insight into enterprise-wide action and value creation

Reframing Business Models for a Sustainable World explores how shifting from a resilient approach – focused on risk management – to antifragile thinking that allows organisations to strengthen their business models in the face of unpredictable disruption, can support long‑term value creation. It also examines what a macro‑stewardship lens means in practice, putting ethics and the public good first, and the skills and mindset changes finance leaders need to support value creation.

Andrew Harding, FCMA, CGMA, chief executive – management accounting at The Chartered Institute of Management Accountants, said:

Tariro Mutizwa, FCMA, CGMA, vice president – Africa at The Chartered Institute of Management Accountants, added:

To download the report, visit: https://www.aicpa-cima.com/resources/download/reframing-business-models-for-a-sustainable-world