what does sustainability have to do with accounting?

Congress has enacted tax credit programs to encourage corporate responsibility through investment in sustainable practices that create jobs and reinvigorate communities. Under the new rules, taxpayers can qualify for significant credits to offset their federal income tax liability, while taxpayers with no federal tax liability can collect cash through direct payments from the IRS or the transfer of unused clean energy credits on the open market. There are a variety of credits available that may positively impact your tax strategy and, in turn, your ESG strategy. Your organization may also need to consider plans, policies, and operations to remain competitive with customers and compliant with regulators as state and federal bodies develop reporting requirements.