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The Institute of Chartered Accountants of India has launched a Carbon Emission Calculator to beforehand greenish accounting crossed the country. Introduced successful July 2025 during the tenure of C.A. Prasanna Kumar. D. arsenic vice president, the instrumentality is present being scaled up nationwide nether his enactment arsenic the 74th president of ICAI, a presumption helium assumed connected February 12, 2026.
In an enactment with The Hindu astatine the ICAI’s Visakhapatnam subdivision connected Friday, Mr. Prasanna Kumar said the inaugural seeks to reposition chartered accountants from fiscal auditors to sustainability guardians. He said the relation of CAs is expanding beyond auditing fiscal statements to examining c footprints and biology disclosures.
Designed particularly for tiny and mean enterprises and idiosyncratic businesses, the calculator volition assistance organisations align with India’s nett zero committedness for 2070. It facilitates the modulation from accepted fiscal reporting to the Securities and Exchange Board of India(SEBI) mandated Business Responsibility and Sustainability Reporting framework. The instrumentality enables CAs to supply constricted oregon tenable assurance connected greenhouse state statements, thereby broadening the scope of audit practice.
Mr. Prasanna Kumar said the calculator would besides equip professionals to counsel clients connected reducing c taxes and substance costs, portion strengthening advisory services successful environmental, societal and governance consulting. He described it arsenic a important measurement towards supporting sustainable maturation successful Indian industry.
Referring to ICAI’s information successful the India AI Impact Summit 2026, helium said the institute has reinforced its committedness to integrating artificial quality into concern and accounting functions. ICAI showcased however AI tin service arsenic a horizontal enabling exertion crossed audit, taxation and governance functions by improving audit quality, automating analyzable taxation compliance and generating information driven insights for amended firm governance.
On plans to found a Centre of Excellence successful Andhra Pradesh, Mr. Prasanna Kumar said discussions are nether mode with the State government. A last determination connected the determination has not yet been taken, with Vijayawada and Visakhapatnam nether consideration.
