05 Oct '11, 4pm

More CFOs Taking a Hands-On Approach to Sustainability

More CFOs Taking a Hands-On Approach to Sustainability

There are a number of external pressures that are pushing companies toward greater engagement with sustainability efforts: New regulations, stakeholder and shareholder requests for transparency, and a push for cost reductions through greater efficiency. Although the general perception is that chief financial officers (CFOs) at large companies have been slow to take the reins on sustainability, research published today by Deloitte suggests that not only is that perception slightly off, but that CFOs are moving toward the center of corporate sustainability. One-third of CFOs surveyed on behalf of Deloitte by Verdantix said that they're "fully involved in all aspects" of sustainability strategy at their firms; another 36 percent said they are periodically involved. Of course, another third of CFOs said they still had little to no involvement in sustainability, meaning there i...

Full article: http://www.greenbiz.com/news/2011/10/05/more-cfos-taking-...

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