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CFOs say sustainability key driver of financial performance

By 3p Contributor

Nearly half of chief financial officers (CFOs) say sustainability is a key driver of financial performance, and two-thirds are involved in driving strategies in their organisations, according to a global Deloitte survey of 250 CFOs. The study found the proportion of CFOs and chief operating officers (CEOs) accountable to their company board for sustainability issues rose from 20% to 36% in the past year. In a report summarising the survey, Deloitte said the shift represents a transfer of sustainability authority from ‘face-of-the-brand’ CEOs into the hands of those empowered with operating authority and substantive budgets.

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