Monday, August 29, 2011

Fitting Sustainability into the CFO's Job Description

Making sustainability a core aspect of business creates more, and new, work for employees. In the case of chief financial officers (CFOs), it not only leads to new responsibilities, but also offers CFOs the chance to bring their expertise and experience to sustainability.

As investors demand more details of sustainability efforts and companies are expected to understand and talk about climate change-related risks they face, CFOs need to have solid knowledge of all aspects of their companies' sustainability programs, Ernst & Young say in a report on the changing role of CFOs.

Not only should CFOs know what their companies are up to, but they also need to understand broader sustainability issues and trends, and anticipate what investors and others will be asking about.

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