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HomeRepublic of Ireland NewsIfac Launches First Sustainability Report

Ifac Launches First Sustainability Report

As Climate Finance Week Ireland (24–28 November) shines a spotlight on sustainable business transformation, ifac has released its first-ever Sustainability Report – a milestone in its ongoing commitment to building a resilient, responsible future for Irish business.

Ifac is the top ten professional services firm, providing specialist advice to the farming, food and agribusiness community. 

Sustainability is no longer a “nice to have”; it’s a strategic imperative for Irish businesses. Ifac has undertaken this voluntary, Corporate Sustainability Reporting Directive (CSRD)-aligned report as an important step toward its sustainable future. 

While the CSRD framework has experienced a turbulent and uncertain year, ifac believes that reporting its impact across the environmental, social, and governance pillars is essential to meaningful progress. This inaugural report establishes a formal baseline from which the firm will set and measure its future targets.

As a B Corp, ifac is committed to improving its operations transparently, sharing where it is performing well and identifying the areas where it needs to push further. By openly documenting its journey, ifac hopes to support others on theirs, particularly in navigating uncertainty while still using the structure of the original CSRD legislation as a valuable template.

Significant expertise and effort have gone into developing the CSRD framework, and although it now faces simplification and change, ifac believes that it provides a strong and credible foundation upon which it has built its first report.

Ifac CEO, John Donoghue, said:

“Sustainability is now central to Ireland’s economic future. Across every sector, from agriculture to technology, we’re seeing how sustainable practices are becoming drivers of resilience, competitiveness, and long-term value creation. The transition to a low-carbon economy presents both challenges and enormous opportunities for innovation, efficiency, and market leadership. By sharing our own progress and learnings, ifac aims to contribute to the wider conversation on how Ireland’s SMEs and agri-businesses can thrive in a changing economic environment – one where sustainability is not just good practice, but sound business.”

By integrating sustainability into strategy, businesses can not only mitigate risks such as supply chain volatility, energy exposure, and evolving regulation, but also seize opportunities for innovation, competitiveness, and growth. Ifac’s report offers a roadmap to being informed, compliant, and future-ready.

Rosie O’Neill, Director of Sustainability at ifac, said:

“This report is designed to turn ambition into action. It reflects ifac’s own sustainability journey – what we’ve achieved, what we’ve learned, and where we’re going next. By being transparent about our approach, we hope to make sustainability feel achievable and to help Irish SMEs and agri-businesses understand how sustainability fits into their operations and how they can move forward with confidence. Every organisation’s path will look different, but by using reputable frameworks and engaging with our advisory teams, businesses can find practical ways to integrate sustainability into their own operations and culture. Our goal is to make sustainability accessible, measurable, and meaningful for every organisation we work with.” 

Read ifac’s first-ever Sustainability Report here

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