ICAEW ACA Sustainability and Ethics case studies
ICAEW ACA Sustainability and Ethics · Put your knowledge to work in context.
The ICAEW ACA is the chartered accountancy qualification offered by the Institute of Chartered Accountants in England and Wales, described on ICAEW.com as "one of the most advanced learning and professional development programmes available" and valued "around the world in business, practice and the public sector". Sustainability and Ethics is one of the ACA's specialist learning areas: ICAEW's own subject structure on ICAEW.com presents "Sustainability and climate change" and "Trust & Ethics" as two distinct areas of guidance and resources, and the ACA training pages list "Ethics and professional scepticism" as a named element of student training. The ICAEW ACA Sustainability and Ethics case studies are 5 cases and about 5,595 words.
1Electrifying the furnaces: a shadow carbon price against a four-year payback screen
Meridian Forge Ltd, a £180m-turnover engineering business, runs eight gas-fired heat-treatment furnaces at its Sheffield plant. Its largest customer - an automotive OEM representing 31% of revenue - has told Meridian that from 2028 it will buy only from suppliers with a credible Scope 1 reduction trajectory.
848 words, about 4 min2The dairy acquisition: restating a science-based target while a carbon-neutral claim waits to be issued
Harlow & Fen Foods plc, a £1.1bn-revenue chilled foods group, has a validated science-based near-term target to cut Scope 1 and 2 emissions by 46% by 2030 from a 2021 base year and Scope 3 emissions by 30% over the same period. In the 2021 base year, Scope 1 and 2 emissions were 96,000 tCO2e and Scope 3 emissions were 1.42 million tCO2e.
1,166 words, about 6 min3The sustainability-linked loan: three year-end adjustments and one certificate
Cavendish Chemicals Ltd has a £60m sustainability-linked revolving credit facility. The margin steps down by 15 basis points - worth about £90,000 a year - if Scope 1 and 2 greenhouse gas intensity is at or below 22.0 kgCO2e per £1,000 of revenue for the year to 31 December 2026.
1,345 words, about 7 min4The 11-day ammonia exceedance: non-compliance, a false statement and a maintenance log
You are the management accountant at Brightwater Specialities Ltd, a family-owned chemical manufacturer with revenue of £95m. On 14 May a routine effluent sample from the permitted discharge point returned ammonia at 48 mg/l against a permit limit of 30 mg/l.
1,272 words, about 6 min5Assuring the sustainability report you helped to build
You are the audit partner for Ardent Group plc, a FTSE 250 retailer with a market capitalisation of £2.4bn. Total fees from Ardent were £1.35m last year, of which £420,000 was the statutory audit fee; Ardent represents 17% of your firm's £8.2m UK fee income, and the ratio was 16% the year before.
964 words, about 5 min