True & Fair Project

The True & Fair Project challenges how profit is calculated by revealing the hidden costs behind it – like carbon use, water consumption, and unpaid labour. These costs may not show up on a balance sheet, but society pays the price. The Project supports the inclusion of these impacts and dependencies in financial statements, using existing legal and accounting frameworks around the world to present a true and fair view.

SIMNA is partnering with project hosts SVI to bring True and Fair to Australia and produce tailored guidance for Australian company directors, investors and finance professionals.

Who is this for?

• Company directors to strengthen the resilience of businesses by deciding when and how to disclose hidden costs in financial statements
• Investors and investor networks to help manage the risks arising from the impacts and dependencies within portfolios
• Accountants and accounting bodies to provide guidance that explores existing, relevant legislation and accounting standards.

Find out more

If you’re interested in learning more, you can explore the growing body of guidance on the SVI website or contact us directly.