Sunday, October 09, 2011
How sustainability has expanded the CFO’s role
Traditionally, sustainability issues have fallen outside the jurisdiction of the Chief Financial Officer. CFOs ran the numbers, letting others handle soft issues such as social responsibility and corporate citizenship.
But those job silos are crumbling.
Investors, business customers and other stakeholders have shown a growing desire to connect a company’s financial performance to its social and environmental impact. To make that connection, they have begun evaluating the company’s performance in the environmental, social and governance (ESG) arena, sometimes referred to as the organization’s "triple bottom line."
See full Article.