ESG Reality: Finance Teams Must Help Ensure Corporate Sustainability Promises Are Kept Strategic Finance Lab
-
- Business
Guest: Stephen Ferguson, leader of The Hackett Group’s Account-to-Report Advisory Practice, EMEA
NeuGroup’s Nilly Essaides, Managing Director for Research and Insight, interviews The Hackett Group’s Stephen Ferguson about the need for financial planning and analysis (FP&A), treasury and other finance teams to take a comprehensive approach to helping corporations make good on achieving their net-zero carbon reduction goals and other environmental, social and governance (ESG) metrics. Ferguson, who advises major European corporations on all aspects of finance, says corporates face a major challenge as regulators start imposing new disclosure standards and companies are evaluated by investors and other stakeholders not only on their own records but those of their suppliers—the major source of carbon emissions for some multinationals. The stakes are high and companies viewed as engaging in greenwashing will pay a price. That means it’s vital for finance teams to take a leading role in rewiring performance and risk management strategies, KPIs and incentives as well as accounting, reporting and procurement processes. Is your company up to the challenge?
Guest: Stephen Ferguson, leader of The Hackett Group’s Account-to-Report Advisory Practice, EMEA
NeuGroup’s Nilly Essaides, Managing Director for Research and Insight, interviews The Hackett Group’s Stephen Ferguson about the need for financial planning and analysis (FP&A), treasury and other finance teams to take a comprehensive approach to helping corporations make good on achieving their net-zero carbon reduction goals and other environmental, social and governance (ESG) metrics. Ferguson, who advises major European corporations on all aspects of finance, says corporates face a major challenge as regulators start imposing new disclosure standards and companies are evaluated by investors and other stakeholders not only on their own records but those of their suppliers—the major source of carbon emissions for some multinationals. The stakes are high and companies viewed as engaging in greenwashing will pay a price. That means it’s vital for finance teams to take a leading role in rewiring performance and risk management strategies, KPIs and incentives as well as accounting, reporting and procurement processes. Is your company up to the challenge?
19 min