CFO Focus: Environment and Sustainability

CFO Focus: Environment and Sustainability

Sustainability

CFOs focus on how sustainability and the environment now impact processes

In the past, the CFO has been somewhat distant from the environment and sustainability issues impacting their enterprises. As a result, their level of involvement has been minimal, but that is about to change radically. As businesses move into the post-pandemic phase of their development, CFOs must focus on how sustainability and the environment now impact every aspect of their enterprise’s processes, and directly affect profitability.

Development

Why should CFOs take the lead in these development scenarios?

First, there is a cost imperative to consider with any innovation or development, none more so than environmental and sustainability initiatives; but CFOs can offer more than simply financial guidance for these projects: Deloitte, I believe, encapsulated how the CFO must drive ESG across their organisations:

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