Academic Seminar: Climate Risks and Corporate Governance Reporting

 As part of the Faculty’s ongoing academic exchange activities aimed at fostering a scholarly environment and promoting a culture of research, on December 5, 2025, the Faculty of Accounting had the honor of hosting a professional seminar featuring a presentation by Assoc. Prof. Dr. Subhan from the University of Nottingham, UK. He is a distinguished scholar with numerous reputable publications in the fields of accounting, corporate reporting, and sustainability governance.

The seminar attracted the participation of many lecturers across the Faculty, demonstrating strong interest in current research on climate change, sustainability, and the growing need for information transparency in today’s global economic landscape.

Assoc. Prof. Dr. Subhan delivered a presentation on the theme “Climate Crisis & Corporate Reporting,” aiming to provide lecturers with deeper insights into the relationship between accounting, the environment, and corporate responsibility. The main content included:

1. The necessity and benefits of governance reporting related to environmental issues
   The speaker discussed the transformation of corporate reporting in the new context: from traditional financial reporting to non-financial reporting, ESG disclosures, and sustainability reporting. He analyzed the specific benefits for firms and investors when environmental risks are reported more transparently.
2. Costs associated with climate-change risks
   The presentation emphasized the economic implications of climate change for businesses, including compliance costs, supply-chain disruptions, long-term financial risks, and pressures arising from international standards.
3. Disclosure requirements from professional bodies
   The speaker introduced reporting frameworks issued by IFRS, TCFD, and the EU CSRD, and discussed the readiness of companies in emerging economies to meet these standards.
4. Risks from the increasing use of plastics
   The talk examined the global plastic crisis and related reporting obligations, highlighting the role of accounting in measuring, classifying, and tracking environmental costs.
5. Governance solutions to address environmental risks
   Several solutions were proposed from the perspectives of corporate governance, public policy, accounting standards, and community engagement.

In addition, the speaker shared several climate-related research studies published in international journals, making the presentation practical and engaging. After the presentation, lecturers participated in an active and insightful discussion.

Some photos from the seminar: