Brundtland Report
The Brundtland Report, Our Common Future, was published in 1987 by the World Commission on Environment and Development. It linked environmental protection and development and popularised an understanding of sustainable development that considers present needs alongside future generations’ ability to meet theirs. It provides historical context, rather than a current financial-reporting standard.
Worked example
A board considers whether extracting a finite resource today will undermine future communities’ water supply and livelihood, alongside the project’s immediate economic benefits.
Common mistake
Treating the report as an IFRS standard or interpreting sustainable development as environmental protection with no consideration of human needs and development.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | BT | Supporting | September 2026–June 2027 |
| ACCA | SBL | Supporting | September 2026–June 2027 |
| FIA | FBT | Supporting | September 2026–June 2027 |