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Why CFO’s Need to Care About Sustainability Now

Posted Tuesday, November 20th, 2012 by admin Filed under Blog

Chief Financial Officers (CFOs) and Chief Operating Officers (COOs) are increasingly accountable for sustainability. A study by Deloitte — Sustainability: CFOs are coming to the table — found their accountability for sustainability had jumped sharply during the last year. In 2012, 26 per cent of CFOs were responsible to the board for their firm’s sustainability strategy, up from 17 per cent in 2011. Similarly, for COOs it was 10 per cent in 2012, up from 3 per cent in 2011. Further, 53 per cent of CFOs said their involvement had increased in the last year, with 61 per cent noting they expected it to increase over the next two years.

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Jim Harris

Focus on sustainability, innovation, strategy & change.

Huff Po blogger, National Post columnist, 'Inconvenient Truth' presenter, management consultant, prof'l speaker, #1 best selling author, rollerblader & cyclist. Former leader Green Party of Canada


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