CFOs Hold the Key to Unlocking ESG Value

November 3, 2022

ESG (environmental, social, and governance) is now a priority of many corporate leadership teams, playing an important part in a company’s financial reporting, risk management and corporate messaging.

New regulations surrounding ESG-related reporting and disclosures are under consideration and review by the U.S. Securities and Exchange Commission (SEC) and within the European Union (EU). Adherence to high standards for ESG is critical for demonstrating positive corporate citizenship, appropriate risk management, resiliency and responsiveness to the investment community. While mandated reporting on ESG issues will create a baseline in terms of the quality and completeness of disclosures provided, companies have an opportunity to differentiate themselves versus peers and lower their actual and perceived cost of capital by establishing robust processes for risk identification, assessment, prioritization, the assignment of oversight, and related internal and external reporting.