Technology CFOs don't see 'green' as growth driver

BDO Seidman survey shows CFOs have little faith in green technologies

Technology CFOs don't see green innovation as driving forward the IT sector, a survey by BDO Seidman has shown.

Only 12% of US CFOs in technology companies saw green technologies as a growth driver in the coming year.

The ability to recruit and retain talent has dropped from being one of the biggest concerns for respondents in 2008 (38%), to one of the lowest concerns in 2009 (12%). The ability to manage risk is the biggest challenge for the this year as just fewer than 40% agreed with that statement, followed by access to capital (33%) and financial reporting and corporate governance (8%).

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