Professor Accounting and Sustainability Management, University of Oxford, UK
Tomo Suzuki is Professor of Accounting and Sustainability Management at Oxford University. Tomo looks into impacts of financial regulations on wider stakeholders. In 2006, he developed a specific financial reporting scheme, “One Additional Line,” for sustainable development of emerging economies. The experimental data of the One Additional Line shows that an appropriate disclosure of CSR Expense leads to an entirely new game between management and investors who collectively achieve a new equilibrium between the profit oriented activities and CSR oriented activities. The One Additional Line scheme has had a direct relevance to India’s 2% CSR Expenditure Scheme, Companies Act 2013. Currently, the One Additional Line is under consideration of UNEP for further dissemination in the other developing economies.